Parts costs up nearly 5%; Trending up EV batteries IRVINE, Calif., April 26, 2023 /PRNewswire/ — CarMD.com Corporation, a leading provider of automotive diagnostic data, today released its 2023 CarMD® Vehicle Health Index, an annual study of check engine light-related car repair trends. With new car inventory still scarce, many lessees have opted to purchase…
Insurers sue Hyundai and Kia over costs of easily hot-wired vehicles
The widespread theft of vulnerable older Hyundai and Kia models not equipped with a crucial anti-theft device could end up costing the US insurance industry up to $600 million. Liberty Mutual, Nationwide, American Family and 65 other auto insurers, which comprise only a fraction of the country’s insurance companies, estimate that just their portion of…
Used Car Prices Remain Stubbornly High
Anyone hoping that the used vehicle market will become more predictable or even the right-size itself in 2023 will likely be disappointed. Unique market conditions and a slew of new challenges are reshaping the market used in unexpected ways. After experiencing a meteoric rise in value, used vehicle prices have slightly inched back toward Earth…
Bentley Motors Announces Its MEAI Retailers Have Achieved Carbon Neutral Certification – Autos Community
Bentley Motors confirms that its complete Middle East, Africa, and India (MEAI) retailer network of 17 sites has achieved carbon-neutral certification. The accreditation, verified by the Carbon Trust, complements Bentley’s industry-leading sustainability program at its carbon-neutral manufacturing headquarters in Crewe, England, where all Bentley models are built. Bentley’s path to sustainability is a driving force…
Vitality Efficient Home Improvement Credit Internal Revenue Service
Maintaining your yard, cleaning up your home’s facade, planting new flowers, repainting the front door, and organising a patio seating space could be a great begin. Real property specialists share the price breakdown of staging your house, so you probably can resolve if it is price it on your situation. Republicans also have introduced a…
Canada’s Linamar will ‘immediately’ break ground on new plant
Canadian auto supplier Linamar Corp. plans to break ground “immediately” on a new plant in Welland, Ont., that will house three giga-casting presses capable of producing very large aluminum structural parts for electric vehicles. The Guelph, Ont.-based parts supplier announced the new site in the city south of Niagara Falls as it reported its first-quarter…
Elon Musk has found a new Twitter CEO
Elon Musk said on Thursday he has found a new chief executive for Twitter without naming the person and that he will transition to the role of chief technology officer of the social media platform within the next few weeks. “Excited to announce that I’ve hired a new CEO for X/Twitter. She will be starting…
Rivian Automotive, Inc. (NASDAQ:RIVN) Given Consensus Rating of “Moderate Buy” by Analysts
Rivian Automotive, Inc. (NASDAQ:RIVN – Get Rating) has earned an average recommendation of “Moderate Buy” from the nineteen analysts that are covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and six have issued a buy rating on the company. The average…