Yahoo Finance US new-vehicle sales rose only 0.1% in the second quarter despite discounts, as buyers balked at still-high prices
DETROIT (AP) — US new-vehicle sales rose only 0.1% in the second quarter despite discounts, as buyers balked at still-high prices.
DETROIT (AP) — US new-vehicle sales rose only 0.1% in the second quarter despite discounts, as buyers balked at still-high prices.
On July 2, passengers were forced to leap from an out-of-control bus while traveling on a mountain highway in Jammu and Kashmir, India. Terrifying footage captured the moment the vehicle's brakes failed, sending it flying down the road. The passengers were left with no choice but to flee for their lives.
A bizarre incident unfolded on June 19 in central Phoenix, Arizona, after a police officer attempted to pull over a Waymo self-driving car that was wildly swerving between lanes and into oncoming traffic. But when the car eventually complied, the officer found the vehicle was completely empty, leaving him in a peculiar predicament.
You might think spending more money on a vehicle means fewer hassles and headaches. After all, doesn't a high price tag equate to a higher-quality design and streamlined mechanics that will keep your...
Many people assume that millionaires just spend, spend and spend some more, but that's not always the case. Often, the rich save a lot more than they spend, making themselves even richer over time....
Indonesia launched its first electric vehicle battery plant on Wednesday, President Joko Widodo said, as Southeast Asian countries move to gain a foothold in the emerging industry.The plant is part of a $9.8 billion electric vehicle battery deal signed between Indonesia and LG in 2020.
Commuters at Ucyol Metro Station were thrown down an escalator when it suddenly reversed at high speed during rush hour. CCTV footage shows passengers clinging to handrails before being hurled backward. Eleven people were hospitalized and have since been released.
Sir Jim Ratcliffe’s car company has delayed production of its electric SUV, blaming a lack of consumer demand and tougher net zero rules expected to come into force under a Labour government.
Dozens of passengers were injured after a flight from Spain to Uruguay experienced severe turbulence on Monday, July 1, reports said.Spanish airline Air Europa said on Monday that the flight, which flew from Madrid and was bound for Montevideo, was diverted to an airport in northeastern Brazil due to “strong turbulence,” adding that minor injuries were reported.Footage filmed by passenger Natalia Gimeno shows the damaged aircraft, injured people being treated in the plane’s aisle, and a man being helped down from an overhead compartment.Passengers who didn’t require medical attention were transferred to a separate aircraft and continued their journey to Montevideo on Tuesday, Air Europa wrote.“We are sorry for what happened and the inconvenience caused and hope for a speedy recovery of the passengers,” the airline wrote. Credit: Natalia Gimeno via Storyful
When it comes time to buy a new vehicle, American-made cars may not be everyone's first choice. Many European car brands are known for their style, flair and performance. However, as with all good...
STORY: Step inside BYD's first electric vehicle plant in Thailand.It's part of the Chinese automaker's plan to expand in Southeast Asia, where BYD has become the dominant player.BYD CEO and President Wang Chuanfu."We are convinced that Thailand will have a golden development period for new energy vehicles. China and Thailand are geographically close, culturally close, and economic and trade cooperation is booming. New energy vehicles are not only a bridge between China and Thailand to enhance friendship, but also a link between BYD and Thailand."Thailand is a regional auto assembly and export hub.The country aims to convert 30% of its annual production of 2.5 million vehicles into EVs by 2030.Chinese EV makers clearly like the lure of the Thai government's subsidies and tax incentives.They've invested more than $1.4 billion setting up factories in the country, with BYD's new plant the latest addition.The sprawling facility is worth $490 million.And it will have a production capacity of 150,000 vehicles per year, including plug-in hybrids."It will provide over 10,000 jobs after reaching full capacity."As part of its expansion outside China, the world's largest EV maker is also building its first European production base in Hungary.Although BYD could feel some pain in that particular market.The European Commission has imposed tariffs of up to nearly 38% on Chinese-made EVs.
Chinese brands MG and Nio suggested on Thursday they might raise prices of their cars in Europe later this year, following the European Union's decision to confirm tariffs on Chinese-imported EVs. The EU will impose tariffs of up to 37.6% from Friday on imports of electric vehicles made in China, EU officials said, ratcheting up tensions with Beijing in Brussels' largest trade case yet. Chinese automaker Nio said in a statement it might adjust prices of its cars in Europe as a result of the EU's decision on tariffs.
BMW has accused the European Union of protectionism as Brussels prepares to hit imported Chinese electric cars with a wave of tariffs.
The 25-year-old man from Oregon was arrested and charged with indecent exposure
An airline passenger was catapulted into the roof of an aircraft during sudden turbulence.
Benetti's Oasis 40m is so new that it still has a full shipyard warranty.
Jessica Baker, 15, was killed on her way to West Kirby Grammar School in Wirral, Merseyside, whe the coach crashed on the northbound M53
Toyota has come out with an all-new 2024 Land Cruiser. This latest model of this long-running SUV is smaller and less expensive than before and comes with a hybrid powertrain that gets better fuel economy than the previous V8. There’s just one thing: You might want to get a 2024 Lexus GX instead.
Cable car, urban rail link or ring road -- Kinshasa has big plans for alleviating its traffic chaos but for now, travelling into the megacity remains a daily headache for millions of people.The cable car could provide a "small solution" to the city's traffic woes, Ndaka added -- but there is still one problem with the idea.
Not everyone has the luxury or money to afford to buy a new car when they are retired. While you might have saved up over the years, cashed in any retirement plans or pensions, and are now getting a...
BERLIN (Reuters) -The German government on Wednesday launched a project to build a nationwide fast-charging network for heavy-duty vehicles as Berlin aims to decarbonize the transport sector by 2045. Greenhouse emissions in Europe's biggest economy fell to the lowest level in 70 years in 2023, but the transport sector has consistently failed to meet its climate targets. Germany aims for about a third of its heavy road haulage to be powered by electricity or run on electrically produced fuels such as synthetic methane or hydrogen by 2030.