GM

Ferrari Increases Car Prices Due to Tariffs

22 hours ago

Ferrari has announced its intention to raise the prices of its cars due to new tariff legislation affecting the import of artificial automotive parts and components. This decision is driven by changes in financial policy related to increased import tariffs, making car production more expensive for the company. As a result, customers will have to pay more for already manufactured Ferrari models, while future cars will also see price hikes.

GM Decides to Drop Apple CarPlay Support for Its Electric Vehicles

8 days ago

Recent news reports that General Motors (GM) has made the decision to discontinue support for Apple CarPlay in its new electric vehicles built on the Ultium platform. This decision comes as a surprise to many car enthusiasts, as Apple CarPlay is considered one of the most popular solutions for connecting smartphones to cars, allowing drivers to utilize apps, receive navigation guidance, and control music playback through the car's interface.

Mortgage Rates Continue to Climb, Reaching New Heights

15 days ago

Latest data shows that mortgage rates in the United States continue to rise, reaching new levels not seen in recent years. According to a report released this week, the average rate for 30-year fixed mortgages has climbed to 7.59%. This increase is part of a broader trend observed in the economy, linked with the rising base interest rates set by the Federal Reserve.

Tariffs on Imports: A Major Factor in the Shaky Housing Market

23 days ago

In recent months, the American housing market has faced a number of challenges, including soaring interest rates, reduced housing availability, and declining home prices. However, new economic conditions and tariffs on construction materials may exacerbate the situation even further. Analysts note that the imposition of tariffs could significantly influence the instability of the housing market and lead it to a new level of uncertainty.

Genesis GV60 Magma: New Electric Crossover with Stunning Performance

1 month ago

In the world of electric vehicles, the attention of experts and car enthusiasts has been drawn to the new Genesis GV60 Magma, which was captured on video during road testing. This crossover competes in size and class with models like the Porsche Taycan, highlighting its high performance and prestige.

GMC Halts Sales of Sierra 1500 Due to Grille Issues

2 months ago

GMC has announced a recall of Sierra 1500 vehicles manufactured in 2022 and 2023 due to issues with grille components. Some grille parts may loosen and ultimately detach while driving, posing a danger to both drivers and other road users.

Harlan Charles Fired: What This Means for GM?

2 months ago

Harlan Charles, a seasoned and high-profile executive at General Motors (GM), has been fired after 28 years with the company. His departure came as a surprise to many in the automotive industry, as Charles held significant positions and influenced GM's strategic direction. The news was confirmed by company representatives, emphasizing that the decision was part of a management restructuring aimed at adapting to modern market challenges.

Ford Unveils Mustang Mach-E Prototype for NASCAR

2 months ago

Ford has announced the development of a new electric vehicle prototype, the Mustang Mach-E, which will participate in NASCAR races. This event marks a significant step for the automotive manufacturer, eager to integrate electric technologies into the world of motorsports. The prototype was unveiled during a special event where Ford showcased the potential of its new development.

Decline in Existing Home Sales Amid Market Changes

2 months ago

In recent months, there has been a noticeable decline in existing home sales in the United States, hitting the lowest level in nearly 30 years. Specifically, August 2023 saw a further drop in sales measured on an annual basis, tracking a worsening market condition.

Revolutionary Flying Motorcycle: Your Traffic Escape Plan

2 months ago

A new transportation technology has emerged on the horizon: a flying motorcycle that could dramatically change how we navigate urban areas. This unique vehicle was unveiled by Jetpack Aviation, and it is claimed to travel distances that would typically take a long time in traffic in just a matter of minutes.