Category: News

Money US News

California Moves to Eliminate Marital Status from Auto Insurance Rates

Auto insurance rates throughout California have soared in recent years, forcing millions of drivers throughout the state to look for tangible relief from their premiums. California Insurance Commissioner Ricardo Lara has now taken a major regulatory action that could change the way insurance carriers price coverage for single drivers statewide. Lara submitted a proposed regulatory […]

World News

Chery Expands Off-Road SUV Lineup with Feature-Rich Jetour and iCar Models

Founded in Anhui Province, China in 1997, Chery Automobile Co, Ltd. Has become increasingly large and successful. The Chinese state-owned car manufacturer began production of passenger cars in 1999 and started exporting its vehicles across the world by 2001. From small beginnings, Chery gradually became a leading international brand, and by 2012 was the tenth […]

US News

Inside Tesla’s Next Generation Platform and the Pursuit of an Affordable EV

Tesla has established a diverse electric vehicle and energy business around its Austin headquarters. Tesla has grown from manufacturing electric vehicles to include energy generation and storage, vehicle leasing and financing, regulatory credit trading, collision repair services, and merchandise sales, since it was founded as Tesla Motors, Inc., in 2003. Its energy footprint comprises solar […]

World News

Toyota Century Coupe Concept Signals a Bold Standalone Ultra Luxury Future

In a significant announcement on Japanese luxury, Toyota showed off the Century Coupe concept at the Japan Mobility Show. The striking two-door concept car is a clear indication of the automaker’s new direction, and one that is positioning the Century as a separate, ultra-luxury vehicle above the Lexus range. Rather than continue to use Century […]

US News

Scout Motors Reveals the Traveler SUV and Terra Pickup for 2027 Production

Scout Leads Comeback of Iconic Off-Road Name With Two Production-Intent Vehicles Scout Motor’s all-new, all-electric vehicles aim to stay true to the heart of the Scout nameplate. Scout Motors is bringing one of America’s most iconic off-road brands back to life with two production-intent vehicles aimed at bridging historic Scout character with today’s electric truck […]

Business World News

Could Your Car Dealer Really Sell Robots? Hyundai’s Plans Raise Big Questions

Hyundai Motor Group is attempting to blaze a new trail for commercial robotics, namely, to sell humanoid robots and robotic dogs out of car dealerships. President and CEO José Muñoz outlined the vision at its 2026 CEO Investor Day, which is built upon the acquisition of Boston Dynamics in 2021. By teaming up Boston Dynamic’s […]

Business World News

German Automotive Workers Stage Mass Protests Across Nation Over Proposed Factory Cuts

Tens of thousands of automotive workers from across Germany have protested in demonstrations across the country as its car industry undergoes profound structural changes. Workers from Volkswagen, Mercedes-Benz, BMW, Audi, Porsche and their suppliers assembled in all the key industrial regions. IG Metall estimates that about 175,000 to almost 180,000 workers have demonstrated at more […]

Money World News

Volkswagen Cuts 2026 Profit Guidance Following Porsche Impairment and Market Challenges

Volkswagen has significantly revised its financial expectations for 2026 as restructuring costs, weaker international demand and changing automotive market conditions put pressure on profitability. The company now expects its full-year operating return on sales to reach a maximum of 1%, compared with its previous guidance of 4% to 5.5%. Although the underlying operating return is […]

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