Podcast: ‘Weekly Wrap’ on start of Q3 earnings
Chase Auto, PNC Financial and Wells Fargo kicked off third-quarter earnings season last week with mixed results, while consumer credit availability improved in September. Chase Auto grew its portfolio by 5.7% year over year during the quarter as originations increased 36% YoY. PNC and Wells Fargo both saw their auto portfolios decline, 0.7% and 8.4% respectively, compared with the same...
American Express lands partner role for F1 and Las Vegas GP
In addition to the special focus on Las Vegas, the multi-year deal covers the Austin, Miami, Montreal, Mexico City and Interlagos events. Amex will also be a supporter of the female-only...
Bill Ford calls on union to make a deal
Bill Ford, executive chair of Ford Motor Company, speaks at their Rouge Visitor Center in Dearborn, Michigan, October 16, 2023.Jeff Kowalsky | Ford Motor Co. | Handout | via ReutersDEARBORN, Mich. – Ford Motor Executive Chair Bill Ford on Monday warned that an ongoing strike by the United Auto Workers threatens the future livelihood of the company as well...
Can Tesla Cybertrucks Go Off-Road?
The Tesla Cybertruck still isn’t on sale and we don’t even know if production of the electric pickup has started yet, but that isn’t stopping Tesla from sharing videos of the truck being tested. The latest video, which Tesla’s official account posted on X, showcases...
How Bugatti makes its vehicle bodies out of carbon fiber
Like every other aspect of its cars, Bugatti does carbon fiber with an attention to detail that surpasses virtually every other automaker. Bugatti has a long history working with carbon fiber. The Bugatti EB 110 of the 1990s was one of the first production cars with a carbon-fiber monocoque, while the Veyron Pur Sang first shown in 2007 put the...
Here’s Why Converse Chuck Taylors Have Fuzzy Soles
You just received a fresh pair of and straight out of the box you notice something a bit strange. The soles are… fuzzy? You’re not seeing things. (Well, you’re not seeing things if you’ve bought a pair of the Converse Classic Chucks and not the Converse Chuck 70s.) Felt is a strange “feature” to have on a shoe,...
2024 Lexus TX, Kia Niro top this week’s new car reviews
The big news this week was the launch of the latest Lexus SUV, the 2024 TX three-row crossover with two hybrid options. Slotting between the Lexus RX and the Lexus LX, and related to the Toyota Grand Highlander, it gives Lexus a more family-friendly three-row option. Here's what moved us this week. 2024...
What is gap insurance? – Autoblog
You're at the dealership, going through all of the paperwork and financing before you finally get your keys. There are a lot of unfamiliar terms being tossed around when they ask if you want gap insurance. More often than not, shoppers will ask what gap insurance is and get an answer that will typically encourage them to add it,...
Young Drivers Could Be Picking Up Nasty Driving Habits From Racing Video Games
"Like any tool, it's how it's used. I do think the detailing in these modern games incredible, but it doesn't give an adequate image of what the results would be , concluded White.Millions of responsible drivers enjoy playing racing games, and, on the other hand, there...
The top 3 threats to auto lending ops you can tackle with generative AI
The top 3 inefficiencies in auto lending ops to target with generative AI Auto finance teams are facing a perfect storm of challenges, including rising delinquencies and repossessions, escalating costs, compliance pressures, and increased customer expectations. And old solutions haven’t been able to rescue them. But generative AI is delivering new options to help streamline inefficient workflows, reduce repossessions and delinquencies, drive...
