BMW’s turbocharged four-cylinder engines from the mid-2010s have earned a reputation for being unreliable, primarily due to several issues, the most notorious being brittle plastic timing chain guides that can lead to engine failure. In a recent teardown video by the I Do Cars YouTube channel, they explored a failed N26 four-cylinder engine, shedding light on the reasons behind these widespread failures. A significant factor in this reliability issue appears to be BMW’s recommendation of a 15,000-mile oil change interval. This extended interval may allow varnish and sludge to accumulate in the engine, leading to the degradation of plastic and…
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Investing.com– Most Asian stocks crept higher on Monday, while Chinese markets clocked wild swings after Beijing offered somewhat middling cues on its plans to dole out fiscal stimulus, as inflation data from the country underwhelmed. Asian trading volumes were somewhat sluggish on account of a Japan market holiday. Regional markets took positive cues from Wall Street, where the and the hit record highs on Friday tracking some positive earnings from major banks. Focus this week is on more third-quarter earnings, as well as addresses from a string of Federal Reserve officials. China stocks volatile as markets weigh stimulus, weak inflation…
Tesla’s latest “We, Robot” event certainly had its highlights, with Franz von Holzhausen showcasing sleek new designs that prove he hasn’t lost his touch. However, for those expecting answers on how Tesla plans to incorporate artificial intelligence into autonomous driving or launch a robotaxi service on par with Uber or Lyft, the event left much to be desired. Although Elon Musk did make a 20-minute appearance on stage at the Warner Bros. backlot in Burbank, California, the event was notably lacking in substance. Musk introduced the much-anticipated Robotaxi, or Cybercab, which boasts a Cybertruck-inspired design. Another surprise was the reveal…
Subaru has officially launched the current WRX without plans to introduce a high-performance STI variant, creating a wave of speculation about the future of the STI badge. Despite the lack of a dedicated STI model, Subaru is borrowing some design elements from STI for its new offerings. One of the latest releases is the WRX Todoroki, which will be available in New Zealand. This model features a prominent rear wing, Recaro seats, and the signature WR Blue exterior, yet notably does not carry the STI badge. The WRX Todoroki stands out by reintroducing the six-speed manual transmission to the New…
KUALA LUMPUR – The United States has lifted a ban on Malaysian glove maker Brightway Group, allowing the firm to resume sales of its products in the country nearly three years after being sanctioned for alleged labour abuses. The U.S. Customs and Border Protection (CBP) had barred imports of disposable gloves produced by three Brightway subsidiaries in December 2021 over suspected forced labour practices. In a statement issued late on Friday, the CBP said Brightway and its subsidiaries have been allowed to resume exports to the United States from Oct. 11 after the company had “taken actions to fully remediate…
By Ben Blanchard and Faith Hung TAIPEI (Reuters) – Taiwan Semiconductor Manufacturing Co, the main producer of advanced chips used in artificial intelligence applications, is expected to report a 40% leap in third-quarter profit on Thursday thanks to soaring demand. The world’s largest contract chipmaker, whose customers include Apple (NASDAQ:) and Nvidia (NASDAQ:), has benefited from the surge towards AI. TSMC is set to report a net profit of T$298.2 billion ($9.27 billion) for the quarter ended Sept. 30, according to a LSEG SmartEstimate drawn from 22 analysts. SmartEstimates give greater weighting to forecasts from analysts who are more consistently…
Alpine is stepping into the electric SUV arena with its latest concept, the A390_β, positioning itself similarly to Lotus, known for its lightweight sports cars. While the brand has traditionally focused on sporty vehicles, much like Lotus with the Eletre, this new offering marks a shift towards the SUV segment. However, true to its identity, Alpine refers to the A390_β as a “sport fastback” rather than an SUV. The design of the A390_β features a striking sloping roofline, resembling a blend between an SUV and a coupe. Since this is currently just a concept, Alpine can experiment with features like…
BMW is making a significant return to the art of coachbuilding, blending luxury with exclusive design in a series of bespoke vehicles. Following its success with the revival of the iconic “Batmobile” through a limited-edition 3.0 CSL in 2022, which saw just 50 units produced on the M4 chassis, the German automaker is continuing this creative trend. Last year, they attempted to bring back the “Clownshoe” with a shooting brake variant based on the Z4 M40i roadster, though this model sadly did not make it to the production line. Most recently, BMW introduced the stunning Skytop, an 8 Series coupe…
HONG KONG, Oct. 13, 2024 /PRNewswire/ — Zhejiang Taimei Medical Technology Co., Ltd. (the “Company”; Stock code: 2576.HK) has announced that the shares have started to be traded on the Main Board of the Stock Exchange of Hong Kong Limited under the stock code “2576” since today. The Company said, “in the future, we will continue to upgrade and expand our products and services; expand customer base and efficiently respond to customer needs; strengthen customer relationships through cross-selling and upselling; reinforce R&D for future growth; expand internationally and foster global collaboration; pursue business growth through investments, acquisitions and partnerships.” Looking…
By Vidya RanganathanSINGAPORE (Reuters) – The dollar extended its gains in early Monday trades in Asia as a holiday in Japan sapped liquidity, leaving China’s somewhat disappointing weekend stimulus announcements the focus of market attention.The euro was down 0.13% at $1.0922 and the pound nearly 0.2% lower at $1.3043. The dollar was flat on the Japanese yen at 149.20.The dollar index was at 103.10, up a touch and closing in on last week’s peak, its highest since mid-August, on the back of traders reducing bets on further jumbo rate cuts by the Federal Reserve at its remaining meetings this year.Ahead…