The automotive industry is undergoing a resurgence as classic car events return and new models are revealed at the Paris Motor Show. In the United States, however, the spotlight is on recent trends and the performance of various brands. Stellantis, for example, is grappling with a decline in sales, while some brands are defying expectations by focusing exclusively on crossovers, SUVs, and trucks. Ford Motor Company, despite its limited passenger car lineup, has achieved remarkable sales figures, primarily driven by the success of its Maverick pickup truck. The refreshed 2025 Ford Maverick, with its new Lobo street truck trim, is…
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Mortgage rates stayed high despite rate cuts, attracting cash-heavy investors to the housing market.Despite values dropping in some areas, those selling are still raking in gains.Cities like San Jose and Denver are seeing investor interest, while Oakland and Providence declined. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy. You can opt-out at any time by visiting our Preferences page or by clicking “unsubscribe” at the bottom of the email. Despite the central bank cutting interest…
Lucid, a burgeoning American automotive and technology company, has emerged as a formidable competitor in the electric vehicle market. Based in Newark, California, Lucid specializes in designing and manufacturing electric vehicles and advanced electric powertrain systems. While often compared to Tesla, Lucid has carved out a distinct niche by focusing on high performance luxury vehicles and innovative technology. The company’s flagship model, the Lucid Air, has garnered significant attention for its impressive range, acceleration, and luxurious interior. Lucid Expands EV Lineup with Earth Model: Luxury Meets Affordability in a Tesla Rival (avarvarii / Instagram) The Lucid Air Sapphire, a high-performance…
TORONTO, Oct. 19, 2024 /PRNewswire/ – Pluribus Technologies Corp. (TSXV: PLRB) (“Pluribus” or the “Company”) announces an amendment (the “Amendment”) to the previously-announced forbearance agreement (the “Second Forbearance Agreement”) dated August 14, 2024 between the Company and National Bank of Canada (OTC:) (the “Lender”), relating to a secured credit agreement dated April 27, 2022, as amended, among the Company, certain of its subsidiaries and the Lender. Under the Amendment, the Lender has agreed to extend the Forbearance Period to October 21, 2024, providing the Lender with additional time to review and consider the status of the repayment process. The Company…
Velocity Restorations’ series-production 1967-1968 Mustang restomod is a stunning blend of classic design and modern engineering. While its eye catching aesthetics and impeccable craftsmanship make it a dream car for many, its hefty price tag may put it out of reach for some. Introduced in 1964, the original Mustang quickly became a cultural icon, revolutionizing the automotive world with its affordable price, stylish design, and impressive performance. The first generation fastback models, particularly those from 1967 and 1968, are still highly sought after by enthusiasts. Velocity Restorations Reveals Modernized 1967-68 Mustang Restomod with Powerful V8 Performance (Velocity Restorations) Velocity Restorations…
The excitement surrounding the return of the Honda Prelude continues to grow, with a prototype recently spotted testing on public roads in Germany. This sighting follows the public reveal of the Prelude concept last fall, which already appeared nearly production-ready. Despite the camouflaged wrap on the prototype, its sleek design is still evident. Key features like its curvy body, a narrow grille that blends into the headlights, and sloping rear roofline are visible, showing a close resemblance to the concept car. Even the black multispoke wheels are carried over from the earlier version. The camouflaged wrap may be designed to…
Microsoft may not offer the biggest dividend, but its impressive dividend streak is worth watching. Microsoft (MSFT 0.35%) just gave investors a reason to smile by cranking up its quarterly dividend payout by nearly 11% in September. But this isn’t exactly a surprise. Microsoft has been paying dividends since 2003 and has consistently upped those payouts for nearly two decades. Granted, most investors tend to focus on Microsoft’s impressive growth story and its big bets on artificial intelligence (AI) — and that makes sense. But you might still be curious about just how much you can earn in dividends if…
Buy the dip.That was the mindset around chip stocks this week as investors scooped up beaten-down shares, sending Nvidia to a record high. A strong outlook for Taiwan Semiconductor (TSM) was enough to revive Wall Street’s enthusiasm for AI as growing confidence in the AI boom overshadowed chip supplier ASML’s sluggish forecast and reports of export caps of advanced AI chips to some Middle Eastern countries.Nvidia closed the week above $138 per share, bringing its market value to $3.39 trillion. It’s now the world’s second-largest company behind Apple. But that might not be for long. Experts I spoke with this…
(Removes extraneous text) By Dave Sherwood HAVANA (Reuters) – Cuba`s electrical grid collapsed again early on Saturday morning, state-run media reported, plunging the entire country into blackout for a second time just hours after authorities announced they had begun reestablishing service. CubaDebate, one of the islands state-run media outlets, said Cuba`s grid operator, UNE, had reported at 6:15AM the “total disconnection of the national electro-energetic system.” “The Electric Union is working on its reestablishment,” the brief message said. Cuba`s electrical grid first collapsed around midday on Friday after one of the island`s largest power plants failed, suddenly leaving more than…
At Ferrari’s E-Building in Maranello, a red-painted chimney symbolizes the height restriction for Ferrari buildings, reflecting the company’s desire to stay in harmony with its surroundings. Despite Ferrari’s global reputation for producing elite supercars, this unassuming landmark highlights the company’s respect for its home town. Among Ferrari’s legendary line of high-performance cars, which includes icons like the 288GTO and LaFerrari, the 2026 Ferrari F80 now takes center stage. This new model is not just a car, but an event—marking the pinnacle of Ferrari’s street-legal performance. The F80 distinguishes itself from its predecessors, the Enzo and LaFerrari, by opting for a…