Formula 1’s longest bidding war has finally concluded, with renowned designer Adrian Newey set to join Aston Martin in 2025. The 65 year old Briton, whose cars have clinched 13 drivers’ and 12 constructors’ titles, will leave Red Bull after nearly two decades. This move marks a significant coup for Aston Martin’s owner, Lawrence Stroll, who continues his ambitious pursuit of a world championship. While some may question if Red Bull did enough to retain Newey, the decision has implications for both parties. Newey’s departure from Red Bull is a major loss for the team, which has dominated the sport…
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Bond’s first advantage over Goldfinger isn’t his brawn or his gadgets, but by playing Goldfinger at his own game. He first scuppers Goldfinger’s card game scam, and later switches Goldfinger’s ball during a game of golf. The golf scenes – filmed at Stoke Park in Buckinghamshire – would begin Connery’s love of golf (as Hollywood legend goes, various future film schedules were at the mercy of his golfing).It’s also part of the Bond formula: 007 besting his rival in a gentlemanly contest. Bond has competed against villains at pheasant shooting, horse racing, fencing, witty banter, a whole manner of casino…
RESTON, Va. – Volkswagen (ETR:) Financial Services (VWFS) and Wells Fargo & Company (NYSE: WFC) have established a multi-year co-branded agreement that positions Wells Fargo as the preferred provider of consumer retail financing for Volkswagen, Audi, and Ducati purchases in the United States market. This partnership is slated to commence in April 2025 for VW and Audi dealerships, with Ducati dealerships following suit.The collaboration aims to enhance the consumer purchase experience across over 1,000 U.S. dealerships, combining the automotive expertise of VWFS with the comprehensive financial services capabilities of Wells Fargo. VWFS will continue to manage existing customer contracts and…
The Ford F-Series, a perennial top seller in the American pickup truck market, has faced numerous challenges over its decades long reign. Despite the introduction of newer competitors, the F-Series has consistently maintained its dominance. However, the recent introduction of the 2024 model year, which brought minor updates and increased prices, has raised questions about its continued supremacy. While the F-Series’ performance remains impressive, the Chevrolet Silverado’s growing popularity poses a potential threat. To showcase the F-Series’ capabilities, a recent drag race event at Bradenton Motorsports Park in Florida featured a white F Series going head to head with a…
Investing.com — Wells Fargo downgraded Colgate-Palmolive (NYSE:) to “underweight” from an “equal weight” rating signaling a more cautious outlook for the company’s future performance. This follows a period of growth and outperformance for Colgate-Palmolive, but analysts now project a return to more normalized growth rates, aligning the company’s trajectory closer to its industry peers. While the stock’s price target remains unchanged at $100, this represents a downside of about 5.4% from its current trading price of $105.73. Colgate-Palmolive’s recent success, which saw the company outperform large consumer goods rivals such as Procter & Gamble (NYSE:), Coca-Cola (NYSE:), and PepsiCo (NASDAQ:),…
Risk is not simply a matter of volatility. In his new video series, How to Think About Risk, Howard Marks — Co-Chairman and Co-Founder of Oaktree Capital Management — delves into the intricacies of risk management and how investors should approach thinking about risk. Marks emphasizes the importance of understanding risk as the probability of loss and mastering the art of asymmetric risk-taking, where the potential upside outweighs the downside. Below, with the help of our Artificial Intelligence (AI) tools, we summarize key lessons from Marks’s series to help investors sharpen their approach to risk. Risk and Volatility Are Not…
Stellantis N.V. (STLA) announced a massive recall of over 1.2 million Ram 1500 pickups due to a software glitch that could potentially disable the electronic stability control (ESC) system. According to the National Highway Traffic Safety Administration (NHTSA), the recall affects specific 2019 models and 2021 through 2024 Ram 1500 trucks, as reported by CNN. Stellantis stated that the issue was uncovered during a “routine review of customer feedback,” which led to an internal investigation. This revealed that certain Ram 1500 trucks might be equipped with ABS module software prone to inadvertently disabling the ESC system. The malfunction could cause…
The Sant’Agata Bolognese based automaker has witnessed a remarkable surge in sales in recent years, driven by a confluence of factors. One key element is the prevalent “YOLO” (You Only Live Once) mentality, which has led to increased demand for luxury and performance vehicles. This mindset has encouraged consumers to embrace extravagant purchases and indulge in their desires for high end automobiles. Additionally, Lamborghini’s commitment to producing exceptional cars has played a significant role in their success. Models like the V12-powered Revuelto, a plug in hybrid that represents a major advancement for the brand, have garnered widespread acclaim. The Revuelto’s…
Image source: Getty Images Dividend shares can be a great source of passive income. And I think UK investors would do well to look close to home for opportunities. There are three main reasons, some of which are more obvious than others. One is lower prices, another is tax efficiency, and a third is managing the risk of fluctuations in foreign exchange rates. Lower prices In general, UK stocks tend to trade at lower levels than their US counterparts. As an example, compare FTSE 100 giant Unilever (LSE:ULVR) with the likes of Procter & Gamble or Coca-Cola. Both P&G and…
Chevrolet’s lineup of SUVs and crossovers is impressive, ranging from the compact Trax and Trailblazer to the full-size Tahoe and Suburban. However, their truck offerings, while still competitive, have been criticized for lacking a presence in the revived compact pickup truck segment. While other automakers are also neglecting this market, Ford’s Maverick has achieved significant success due to its unique blend of features and a lack of direct competition. The Maverick’s combination of car like handling, fuel efficiency, and versatile cargo space has made it a popular choice for urban and suburban drivers. Rumors of Stellantis entering the segment with…