Leadership Shake-Up at Volvo Volvo has announced a surprising leadership shake-up, with Jim Rowan stepping down as CEO after three years at the helm. His successor, however, is no stranger to the role. Håkan Samuelsson, who previously led Volvo from 2012 to 2022, will return for a two-year term while the company searches for a […]
Hyundai shows off next-generation technology in Korea Hyundai has introduced its software brand, Pleos, which is scheduled to launch a next-generation in-vehicle infotainment system dubbed Pleos Connect in the second quarter of 2026. The automaker estimates that Pleos Connect will be present in over 20 million of its cars by 2030. The system is based […]
What’s the deal with sports cars? Apart from the legendary 90s sitcom that bears his last name or his appearance in the 2007 cult classic “Bee Movie,” you probably know comedian Jerry Seinfeld as a bona fide car enthusiast. While other funny men like Tim Allen or Jay Leno build their car collections with an […]
This level of customization comes with the territory If there is one thing that the upper echelon of big spenders love to do with their fancy, schmancy things, it’s making sure that they leave their mark on it. In the world of fashion, extra bells and whistles and added personalization are the name of the […]
Last year, His Majesty The King awarded Aston a special honor that few automakers have received. As the preferred motorcar for the titular character in the James Bond films, the sports cars made by legendary manufacturer Aston Martin have been an unrelenting symbol of modern Britannia. However, the brand will now celebrate its newfound elite […]
Aston Martin makes big money moves Aston Martin is set to raise about $162 million via funding from the company’s chair, Lawrence Stroll, and the sale of the automaker’s stake in its Formula 1 team, which Stroll owns. The Formula 1 stake sale alone will raise at least $95.5 million, and Stroll’s investment vehicle, Yew […]
Trump’s auto tariffs could lead to tax changes President Trump has announced his administration’s efforts to create a new tax deduction for auto loan interest payments made on US-made vehicles to boost domestic manufacturing and counter potential tariff price increases. Trump is collaborating on the initiative with House Speaker Mike Johnson and floated the idea […]
Prices started rising as COVID rocked global supply chains in 2020 and 2021 and haven’t yet returned from the stratosphere. Back in the pandemic’s early days, when car dealerships started looking more like vacant lots, paying over MSRP was more common than ever. In fact, it wasn’t unusual to buy a car and then, several […]
Small-scale EVs play a critical part in how millions of people get around. Now, Rivian has skin in the game. Electric micromobility—the area of transportation concerning things like e-bikes and e-scooters from brands like Lime and Bird—is still in its infancy. Up until now, the industry has been plagued by fads (Segway, anyone?), financial pitfalls, […]
It’s an axiom to say “EVs depreciate quickly,” but the numbers show exactly how bleak it is EVs have earned a reputation for losing value that’s hard to shake. But a recent study from iSeeCars reveals that cars and SUVs relying on battery power can lose nearly three-quarters of their value in half a decade, […]
