If you want to find examples of punitive automotive depreciation, look no further than the European luxury sedans in your local Ewe Pullet car graveyard. How about a Mercedes-Benz S600, which sold new for an inflation-adjusted $282,544? Or a BMW 745i and its $114,895 price tag in today's money? Big, powerful Audi sedans face the Depreciation Grim Reaper as well, and today's Junkyard Gem was the … [Read more...]
Gun thefts from cars have skyrocketed in the last decade
WASHINGTON (AP) — The rate of guns stolen from cars in the U.S. has tripled over the last decade, making them the largest source of stolen guns in the country, an analysis of FBI data by the gun safety group Everytown found. The rate of stolen guns from cars climbed nearly every year and spiked during the coronavirus pandemic along with a major surge in weapons purchases in the U.S., according to … [Read more...]
Supreme Court says no speedy hearing required over seized cars
The United States Supreme Court has ruled that property seized by police — based on a suit involving the return of two confiscated automobiles — need not be returned promptly, but only after a “timely” court hearing. In this case, the vehicles, a 2015 Nissan Altima and a 2012 Chevrolet Sonic, were taken by police in Alabama in connection with criminal activity, even though the owners of the cars … [Read more...]
Honda ramps up R&D spending, particularly to advance its hybrid edge
TOKYO — Honda Motor Co said on Friday it would increase R&D spending this financial year by nearly a quarter to boost its competitive edge in hybrid and other electrified vehicles, as it forecast a 2.8% rise in operating profit for 2024/25. Japan's second-largest automaker by volume announced a share buyback worth up to 300 billion yen ($1.93 billion) after beating analysts' fourth quarter … [Read more...]
The best oil drain pans of 2024
Autoblog may receive a share from purchases made via links on this page. Pricing and availability are subject to change. Oil changes can get a bit messy if you don’t have the proper tools or technique. Before starting, you need an oil drain pan to catch the old oil. These pans are designed to hold a large amount and are essential to keeping your floor clean. They can also save you money since you … [Read more...]
Junkyard Gem: 2005 Honda Accord, Hello Kitty Edition
When you're a young city-dweller and your car is a generic 20-year-old sedan with the base engine, what do you do? You personalize it, of course, and that's what the final owner of this Accord LX did. An unfortunate rear-end collision sent this car to a Denver car graveyard, giving us an illustrative snapshot of a place and time in popular automotive culture. This car began life as one of the … [Read more...]
Chinese car exports jump 38% in April
BEIJING — China's car exports surged to a record high in April, data showed on Friday, as domestic sales slipped 5.8% from a year earlier amid intensifying price competition and consumers' caution about spending on big items during a shaky economic recovery. Car exports jumped 38% year-on-year to 417,000 units in April, continuing strong momentum from the previous month which posted a 39% growth … [Read more...]
Marcus Armstrong honors cancer patients with special livery for Indy Grand Prix
INDIANAPOLIS — Marcus Armstrong's No. 11 Honda-powered car will come with all the usual trimmings for this weekend's Indianapolis Grand Prix — speed, sponsors and a shiny new paint job. The second-year driver also will be carrying a message of hope. Chip Ganassi Racing announced Thursday that it has partnered with the Indiana University Melvin and Bren Simon Cancer Center and Schwartz Partners … [Read more...]
Colton Herta hopes to protect narrow points lead through IndyCar's biggest month
INDIANAPOLIS — Colton Herta arrives in Indianapolis with big goals every May. He hopes to win two poles, dreams of sipping the milk and believes a win at the series' marquee race just might catapult him to that elusive series title. But this is not just another May. For the first time in his IndyCar career, the 24-year-old American comes to town sitting atop the crowded standings by the … [Read more...]
Nissan reports 92% jump in profit as sales surge
TOKYO — Nissan’s profit for the fiscal year through March jumped 92% to 426.6 billion yen ($2.7 billion) as sales grew in all major global markets except China, the Japanese automaker said Thursday. Annual sales surged nearly 20% to 12.7 trillion yen ($81.5 billion), Nissan Motor Co. said. For the January-March quarter, profit at Nissan, based in the port city of Yokohama, edged down slightly to … [Read more...]
U.S. opens another probe into Fisker's cars, over brake issue
The National Highway Traffic Safety Administration on Friday opened a preliminary probe into 6,813 Fisker Ocean SUVs built in 2023, after complaints that the automatic emergency braking system used in the electric vehicles had activated inadvertently. The regulator said its Office of Defects Investigation has received eight complaints alleging activation of the braking system without an apparent … [Read more...]
Alpine Alpenglow HY4 prototype showcases hydrogen-burning engine
Alpine has become the latest carmaker to tacitly admit the future might not be entirely electric after all. The brand, which is owned by Renault and which should head to the American market by 2030, has detailed an experimental race car powered by a hydrogen-burning engine. We say "detailed" rather than "unveiled" because we've already seen this concept: it made its debut as the Alpenglow at the … [Read more...]
Ford to assemble 300,000 cars a year at Valencia, Spain, plant
MADRID — U.S. automaker Ford plans to assemble 300,000 units of a new model per year at its Spanish plant in the Valencia region starting 2027, Spain's Industry Ministry said on Friday. The company had said in March it was considering making a new sports utility vehicle (SUV) at its plant in Valencia. "It is a model that will guarantee the workload for this factory and prepares it for the … [Read more...]
UAW workers ratify Daimler Truck deal ahead of vote at Mercedes in Alabama
An aerial view of the Mercedes visitor center and museum near the Alabama manufacturing plant. (Getty) Members of the United Auto Workers have ratified a new labor contract with Daimler Truck (DTGGe.DE) that includes at least a 25% general wage increase over the four-year deal. The vote was 94.5% in favor of the new contract, which covers more than 7,300 hourly UAW workers after a tentative … [Read more...]
The best portable air conditioners of 2024
Autoblog may receive a share from purchases made via links on this page. Pricing and availability are subject to change. Air conditioning can be the most valuable appliance in your home during hot weather. A lot of homes have an AC unit built in, but a lot don't. So consider getting a portable air conditioner. They can be plugged into the wall outlet and cool a single room or even a full home … [Read more...]
RIP Chevy Malibu; BMW passes on pickups; EV business breakdowns | Autoblog Podcast #831
In this episode of the Autoblog Podcast, Editor-in-Chief Greg Migliore is joined by Yahoo Finance's Pras Subaranian for a look at the business side of recent automotive news. They cover the demise of the Chevy Malibu (again), BMW's aversion to building a pickup, Tesla's Supercharger situation (and the company's broader headcount initiatives) and Rivian's big Q1 drubbing. From there, it's time … [Read more...]
Porsche offers 'Ring-proven Manthey kit for 718 Cayman GT4 RS
Porsche has a new, eye-wateringly expensive track package for the 718 Cayman GT4 RS. As if the 493-horsepower track-day special wasn't already nutty enough, this new package was put together based on the kit that was fitted to the car that carved more than six seconds off the stock GT4 RS's 'Ring time in the hands of Porsche pro driver Jörg Bergmeister. Let's make one thing clear: by … [Read more...]
Junkyard Gem: 1986 Chevrolet Celebrity Wagon
The beginning of the end for station wagons arrived as the second half of the 1980s dawned, thanks to Chrysler's introduction of its game-changing minivans and AMC's introduction of the even more influential XJ Jeep Cherokee (both as 1984 models), but few noticed at first. At that time, GM's Chevrolet Division still offered wagons in three different sizes: the Cavalier, Celebrity and … [Read more...]
Biden plans to target tariffs on Chinese tech, including EVs
WASHINGTON/SAN FRANCISCO — U.S. President Joe Biden is set to announce new China tariffs as soon as next week targeting strategic sectors including electric vehicles, according to two people familiar with the matter. The full announcement, which could take place as soon as Tuesday, is expected to largely maintain existing levies, according to one of the people. An announcement could also be … [Read more...]
The now-confirmed smaller Lucid SUV will be called 'Earth,' trademark suggests
Lucid’s new Gravity SUV is expected later this year, but earlier this year, the automaker filed trademark applications for what is expected to be a smaller, much more affordable electric SUV. InsideEVs found the application for the “Earth” nameplate, scheduled to land in 2026, behind the Gravity. Three model names popped up in the United States Patent and Trademark Office application: Earth, … [Read more...]
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