business finance
Mitsubishi Mirage Outperforms Porsche Cayman in Engine Responsiveness: Car and Driver | Giga Gears
The ubiquitous 0-to-60 test has become a standardized measure of a vehicle’s performance chops among industry pros and car meet aficionados, but that singular measurement doesn’t paint the full picture of a car’s character. On the road and even on the race track it’s more likely that a car’s 5-to-60 mile per hour…
“Biden Imposes 100% Tariff on Chinese Electric Vehicles”
President Joe Biden drastically hiked tariffs on Chinese electric vehicles as a way to protect the U.S. auto industry’s less-than-stellar EV effort as boatloads of new cheap EVs from China fail to reach our shore. The White House announced that it was imposing tariffs on $18 billion in Chinese goods – including a 100…
Tesla storing unsold inventory in abandoned mall parking lot
Parking lots full of Tesla vehicles are becoming impossible to ignore as the electric automaker seemingly can’t sell enough cars and trucks to match its rate of production. According to its own figures, the electric automaker produced 46,561 more vehicles than it delivered to customers during the first quarter of 2024.
Ford Reducing EV Plans in Europe | Giga Gears
It wasn’t all that long ago, February of 2021 in fact, that Ford Europe announced it was “all-in on EVs.” It planned to invest $2 billion to transform the Cologne, Germany plant into an electric car production giant. The plan had stepping stones toward a fully electric 2030, including every one of its cars coming with…
Trump Demands $1 Billion from Oil Execs to Allow Environmental Destruction
Donald Trump told some of America’s top oil executives that he is willing to immediately reverse dozens of President Biden’s environmental policies and stop new ones from being enacted on his first day of presidency, if the oil companies agree to raise $1 billion to return Trump to the White House. The Washington Post…