Cars with the Worst Depreciation in 2025
According to a recent study published by Motor1, several car models are expected to experience significant price declines in 2025. This information is crucial for potential buyers considering the long-term investment in certain vehicles.
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Revival of the Classic British Sports Car by EV Startup Longbow
Start-up Longbow is making headlines with its ambitious project aimed at resurrecting the lightweight British sports car, a category that has been somewhat neglected in the electric vehicle (EV) era. The company, based in the UK, aims to combine traditional British craftsmanship with cutting-edge electric technology, appealing to both classic car enthusiasts and modern eco-conscious drivers. The vision is to create a new generation of sports cars that retain the essence of their ancestors while embracing the futuristic advantages of electric mobility.
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Mercedes-Benz Abandons Separate EV Lineup
Mercedes-Benz has made the decision to abandon its separate electric vehicle (EV) lineup, marking a significant shift in the company's automotive production strategy. Instead of developing specialized models exclusively for the electric segment, the premium car manufacturer intends to integrate electric versions of its existing models into its main product lineup. This strategy aims at more efficient use of resources and optimizing production, as well as simplifying choices for customers.
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The Troubling State of American Consumers: Confidence Plummets Due to Prices
Recent research has shown a significant drop in American consumer confidence, driven by rising prices for goods and services, a consequence of inflation and tariffs. The University of Michigan's Consumer Sentiment Index fell to 57.7 in September, the lowest level since 2011. This decline in confidence reflects people's concerns about future financial difficulties as prices for essential items, including food and fuel, continue to rise.
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Mustang GTD: A New Turn for Owners After Two Years
According to the latest news, Ford has launched a new lineup of the Mustang GTD, which stands out not only for its impressive performance but also for its unique ownership conditions. New Mustang GTD owners are required to keep their cars for no less than two years. This decision is aimed at ensuring that these vehicles are placed in the hands of true enthusiasts, rather than being quickly resold by resellers.
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New Polestar 3 Specifications Unveiled: Long-Range Single Motor Version
Swedish automaker Polestar has announced a new modification of its electric crossover, the Polestar 3. This version will feature a single electric motor, significantly increasing the range compared to the dual-motor variant. According to the manufacturer's data, the new Polestar 3 will be capable of traveling up to 600 kilometers on a single charge.
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Google Parent Company Announces Historic First Dividend, Surpassing Sales and Profit Expectations
For the first time in its history, Google's parent company, Alphabet Inc., has declared a dividend. This significant event came as the company reported record sales and profit figures for the last quarter. The financial report showed that Alphabet's revenue increased by 11% compared to the previous year, totaling $76 billion. The company's net profit was equally impressive, reaching $17 billion, which is a 17% rise from the same period last year.
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Hurricane Francine Set to Cost Insurers Nearly $1.5 Billion
Hurricane Francine, which impacted the Caribbean and southeastern United States, is expected to be one of the most destructive weather events of the year, with damage costs estimated at nearly $1.5 billion. The loss data was released by a risk management analytics firm, which provided facts and figures confirming the severity of the situation arising from the hurricane.
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ECB Justified Rate Cut Amid Slowing Inflation
The European Central Bank (ECB) made a significant decision to lower interest rates during its latest meeting, a move responding to the region's slowing inflation. ECB Vice President Olli Rehn emphasized that the central bank had good reasons for this action, given the economic climate in which inflation rates have started to decline.
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Deflation in China: Why It's Important to Watch Nominal Indicators
Recently, there has been growing concern about deflation in China, which is negatively impacting the country's economy. This phenomenon has serious consequences for consumers and producers alike. Rising housing prices and slowing consumer spending intensify these worries, raising questions about the real state of the economy and the level of consumer confidence.
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