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BLYTHEWOOD, S.C. (AP) — Scout Motors celebrated the start of construction on its $2 billion electric SUV plant in South Carolina on Thursday not with a line of people in suits with shovels but with a nod to the company's gasoline-powered past. People are leaving the Rust Belt and the snow and want to come here where there's economic freedom,” Republican South Carolina Gov. Scout Motors made gasoline-powered vehicles for about 20 years when it was owned by International Harvester. The Volkswagen-owned Scout Motors enters a growing, but uncertain U.S. market. But you have to plan without those things,” Scout Motors CEO Scott Keogh said.
Persons: , Christian Vollmer, Henry McMaster, Scott Keogh, Keogh Organizations: — Scout Motors, Scout, Fort Wayne , Indiana —, Volkswagen, South, Scout Motors, BMW, Volvo, Southeast ., Republican South Carolina Gov, International Harvester, Scouts, Republican, ” Scout Motors Locations: South Carolina, Fort Wayne , Indiana, Blythewood , South Carolina, Columbia, Greer, Charleston, Southeast
(AP) — A truck hauling zebras and camels for a series of weekend circus performances caught fire early Saturday on a northeastern Indiana highway, prompting a police rescue of the animals, which roamed along the freeway, some munching on grass. The tractor-trailer caught fire about 2 a.m. along Interstate 69 in Grant County and a state trooper, a Grant County Sheriff's deputy and a third person rescued the five zebras, four camels and a miniature horse by leading them off the smoked-filled trailer, said Sgt. The Grant County Sheriff's Office posted photos and videos on Facebook of camels walking on the highway and later standing along its shoulder and its median with zebras and law enforcement officers. Political Cartoons View All 253 Images“It’s not something we see every day,” said Deputy Brent Ressett with the Grant County Sheriff’s Office. The truck was bringing the animals from Florida to Fort Wayne for four weekend circus performances in the northeastern Indiana city benefitting the Mizpah Shrine Circus, said Steve Trump, its circus director.
Persons: Steven Glass, , Brent Ressett, Grant, Steve Trump, ” Trump, Organizations: Indiana State Police, Sheriff's, Sheriff’s Office, Shrine, Fort Wayne's Locations: MARION, Ind, Indiana, Grant County, Grant, Sarasota , Florida, Marion, Indianapolis, Florida, Fort Wayne
CNN —A judge dismissed a lawsuit filed by the state of Indiana against TikTok accusing the company of making false claims about the safety of user data and age-appropriate content. Judge Jennifer DeGroote of Allen County Superior Court in Fort Wayne, Indiana, said the court “lacks personal jurisdiction” over TikTok and that downloading an app at no cost does not constitute a “consumer transaction” under the Indiana Deceptive Consumer Sales Act, according to court documents. Similar lawsuits now remain active in other states including Arkansas and Utah. The lawsuit alleged TikTok attracts young people to its platform under the pretense that it’s safe yet still exposes them to inappropriate content including drug and alcohol use, nudity and profanity. Indiana was also one of the first states that ordered TikTok to be banned on government-issued devices, citing the threat of “gaining access to critical U.S. information and infrastructure.”- CNN’s Clare Duffy contributed to this report
Persons: CNN —, TikTok, Jennifer DeGroote, Todd Rokita, , Rokita, ” TikTok, , Frances Haugen, CNN’s Clare Duffy Organizations: CNN, Superior Court, Associated Press, Indiana, TikTok, Big Tech, Communist Party, Instagram Locations: Indiana, Allen, Fort Wayne , Indiana, Arkansas, Utah
They alleged the app contains “salacious and inappropriate content” despite the company claiming it is safe for children 13 years and under. In the second complaint, the state argued that the app deceives consumers into believing their sensitive and personal information is secure. Judge Jennifer L. DeGroote of the Allen County Superior Court in Fort Wayne made the ruling. A federal judge later rejected TikTok’s request to move the lawsuit to federal court but also described the attorney general's lawsuit as largely “ political posturing ” in a ruling. Indiana is among several states and the federal government that have ordered the TikTok app deleted from government-issued devices.
Persons: TikTok, Jennifer L, Todd Rokita, DeGroote, general's, Craig Bobay, Meta Organizations: INDIANAPOLIS, Superior Court, TikTok, Big Tech, Associated Press, Republican, Meta, ByteDance, Indiana, Facebook, Inc Locations: An Indiana, Allen, Fort Wayne, Arkansas, Utah, Indiana, California, Singapore, Montana, U.S
Supporting nonprofits on GivingTuesday this year could have a bigger impact than usual. Many nonprofits will run matching campaigns, meaning a supporter has pledged to double or sometimes triple the donation of other, smaller donors. That would follow the trend of charitable giving in 2022, which dropped for only the fourth time in 40 years. Other nonprofits, though, aim to rally support from the communities they seek to serve, and GivingTuesday can help with that. ___Associated Press coverage of philanthropy and non-profits receives support through the AP’s collaboration with The Conversation US, with funding from Lilly Endowment Inc.
Persons: Tim Pries, , ” Pries, Amy Pirozzolo, ” Pirozzolo, Natasha Andrews, they've, , Ciara Coleman, ” Coleman, Jacob Qualls, he's, Qualls Organizations: Area, Fidelity Charitable, DAF, Fidelity, National, of America, Alpha Phi Alpha, mater, Morehouse College, Associated, Lilly Endowment Inc, AP Locations: Indiana, Fort Wayne, New Orleans, Chicago
INDIANAPOLIS (AP) — An Indiana man accused of intimidating and harassing GOP U.S. Rep. Jim Banks and his family earlier this year was sentenced to probation Friday, according to court records. He was sentenced to nearly three years of probation by an Allen County judge after entering a plea deal, records show. Thompson told police he was intoxicated and disagreed with Banks' political views, according to the report. “Boom, boom you pick”Political Cartoons View All 1256 ImagesThompson also told Banks he hoped the congressman died in a car crash or got "his brains blown out," WPTA reported. He also thanked Allen County prosecutors, Indiana State Police, U.S. Capitol police and the Allen County Sheriff's Department.
Persons: Jim Banks, Aaron L, Thompson, Bart Arnold, Banks, , ” Thompson, WPTA, Allen, Sen, Mike Braun Organizations: INDIANAPOLIS, GOP U.S . Rep, Associated Press, Congressional, Indiana State Police, U.S, Capitol, Sheriff's Department, Senate Locations: An Indiana, Fort Wayne, Allen County, Allen, U.S
REUTERS/Rebecca Cook/File Photo Acquire Licensing RightsNov 15 (Reuters) - General Motors' (GM.N) tentative labor deal with the United Auto Workers (UAW) union closed in on ratification as the votes were counted on Wednesday. This would mark the first ratification of a deal, which runs through April 2028, with one of the Detroit Three automakers. The Arlington plant, with about 5,000 UAW members, has the most of any GM plant. Only nine facilities are still listed without vote totals on the UAW vote tracker, including GM's Lockport, New York, components plant with about 1,200 members. Currently, about 66% of Ford workers who have voted are in favor of the UAW deal, and about 72% of Stellantis workers have so far voted in favor, according to UAW figures.
Persons: Rebecca Cook, Stellantis, Tesla, David Shepardson, Ben Klayman, Matthew Lewis Organizations: General Motors, REUTERS, United Auto Workers, UAW, Detroit, Detroit Three, Ford, GM's, GM, Thomson Locations: Detroit , Michigan, U.S, Arlington , Texas, Arlington, Fort Wayne , Indiana, , Missouri, GM's Lansing Grand, Lansing Delta, Detroit, Fairfax , Kansas, Orion , Michigan, Lockport , New York, Michigan, Washington
The GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. The UAW's GM vote tracking site currently shows approval of the contract leading by a 52% to 48% margin with about 22,150 workers having cast votes out of about 46,000 UAW-represented GM workers. That total does not include Arlington, which has about 5,000 UAW members, the most of any GM plant. Workers at other GM plants have voted against the deal, including 60% of workers at its Fort Wayne, Indiana truck plant, 53% at its Wentzville, Missouri plant, and 58% of workers at GM's Lansing Grand River plant. Currently, about 66% of Ford workers that have voted are in favor of the UAW deal; about 79% of Stellantis workers have so far voted in favor, according to UAW figures.
Persons: Rebecca Cook, Shawn Fain, Tesla, David Shepardson Organizations: General Motors, REUTERS, United Auto Workers, Detroit automakers, UAW, GM, Ford, Detroit, GM's, Capitol, Thomson Locations: Detroit , Michigan, U.S, Arlington , Texas, Arlington, Fort Wayne , Indiana, , Missouri, GM's Lansing Grand, Lockport , New York, Michigan
DETROIT (AP) — Voting on a tentative contract agreement between General Motors and the United Auto Workers union that ended a six-week strike against the company appears too close to call after the latest tallies at several GM factories were announced Wednesday. However a factory in Arlington, Texas, with about 5,000 workers voted more than 60% to approve the deal in tallies announced Wednesday. In most cases the vote tallies ranged from 55% to around 60% against the contract. But in Arlington, production workers voted 60.4% in favor and nearly 65% of skilled trades workers approved the deal, making the tally tight. The union's vote tracker shows that 79.7% voted in favor with many large factories yet to finish.
Persons: hasn't, General Motors, Tony Totty, , Organizations: DETROIT, General Motors, United Auto Workers, General, Local, GM, UAW, Detroit Locations: Arlington , Texas, Fort Wayne , Indiana, Wentzville , Missouri, Lansing Delta Township, Lansing Grand River, Michigan, Toledo , Ohio, Arlington, Ford, Toledo, Detroit
The big gun rights case the Supreme Court is set to hear on Tuesday presents the justices with a tricky problem. They must start to clear up the confusion they created last year in a landmark decision that revolutionized Second Amendment law by saying that long-ago historical practices are all that matter in assessing challenges to gun laws. That standard has left lower courts in turmoil as they struggle to hunt down references to obscure or since-forgotten regulations. Judging the constitutionality of gun laws has turned into a “game of historical ‘Where’s Waldo?’” Judge Holly A. Brady of the Federal District Court in Fort Wayne, Ind., wrote in December. But this week’s case is an imperfect vehicle for achieving greater clarity about the reach of the Second Amendment.
Persons: Where’s Waldo, , Holly A . Brady Organizations: Federal, Court Locations: Fort Wayne, Ind
GM said it was disappointed by the UAW strike at Spring Hill and that it still seeks "to reach an agreement as quickly as possible." Spring Hill Manufacturing, an assembly and propulsion plant, is the largest GM facility in North America with nearly 4,000 total employees. A lengthy Spring Hill strike could greatly increase the financial pain for GM, which said in a filing earlier this week that strike costs had risen to $400 million a week. Moments before employees walked out in Tennessee, the UAW said it reached a tentative labor agreement with Chrysler parent Stellantis (STLAM.MI). The UAW previously struck GM assembly plants in Missouri and Michigan as well as 18 parts distribution warehouses.
Persons: Rebecca Cook, Shawn Fain, Stellantis, ” Fain, David Shepardson, Joseph White, Cynthia Osterman Organizations: General Motors, REUTERS, United Auto Workers, UAW, GM, Ford, Manufacturing, Chrysler, Ford Motor, Thomson Locations: Detroit , Michigan, U.S, Spring Hill , Tennessee, Spring, North America, Fort Wayne , Indiana, Silao, Mexico, Bowling Green , Kentucky, Ramos Arizpe, Fairfax , Kansas, Arlington , Texas, Wentzville , Missouri, Tennessee, Missouri, Michigan
DETROIT (AP) — General Motors and Jeep maker Stellantis are meeting with United Auto Workers bargainers Thursday to see if they can reach a contract agreement that mirrors a deal signed with crosstown rival Ford. Nearly 17,000 striking workers at Ford left the picket lines when the agreement was announced Wednesday night and will return to work shortly. About 57,000 Ford workers still have to vote on the tentative pact. It wasn't clear what Ford agreed to in terms of battery factories. Ford had announced plans to build two battery factories in Kentucky, one in Tennessee and another in Michigan, but the Michigan plant is now on hold.
Persons: Shawn Fain, Wheaton, “ Fain, ” Wheaton, it's, Ford, haven’t Organizations: DETROIT, , Motors, United Auto Workers, Ford, GM, Cornell University, Chevrolet, UAW, Workers, Toyota, Moody’s Investor Service Locations: Fort Wayne , Indiana, Flint , Michigan, Arlington , Texas, Kentucky, Tennessee, Michigan
Canadian autoworkers go on strike at GM plants
  + stars: | 2023-10-10 | by ( Chris Isidore | ) edition.cnn.com   time to read: +2 min
But the plants that are on strike could affect GM’s US operations, because its engines and transmissions are used in vehicles built here. GM already is dealing with a strike by the United Auto Workers union at two of its US assembly plants and a strike of 18 parts distribution centers across 20 states. The UAW is also on strike against plants at GM rivals Ford and Stellantis, which builds cars under the Jeep, Ram, Dodge and Chrysler names. GM had already disclosed that it lost $200 million in the first two weeks of the UAW strike, which began on September 15. The UAW remained on strike at the GM plants where its members had already walked out.
Persons: , ” Unifor, Shawn Fain Organizations: New, New York CNN, General Motors, Ford, Silverado, GM’s, United Auto Workers, UAW, GM, Jeep, Dodge, Chrysler, EV Locations: New York, Canada, Oshawa , Ontario, St . Catharines , Ontario, GM’s CAMI, Ingersoll , Ontario, Flint , Michigan, Fort Wayne , Indiana
Prices are rising in satellite cities like Trenton, New Jersey, and Fort Wayne, Indiana. Homebuyers are departing larger metros for satellite cities in search of affordability — but as demand increases, so do the home prices that attracted them. Evan Wyloge, a data journalist with Realtor.com, suspects these satellite cities are bringing in new residents as culture around office work changes. Here are the 10 cities where home prices increased the most between August 2022 and August 2023, according to Realtor.com. And don't forget to peek at the list of cities where home prices are falling the most, too.
Persons: , Evan Wyloge, Realtor.com, Wyloge Organizations: Service, metros, US Census Bureau, Boston Locations: Trenton , New Jersey, Fort Wayne , Indiana, Philadelphia, Indianapolis, Manchester , New Hampshire, Boston
According to U.S. News and World Report, Hickory, North Carolina is the cheapest place to live in the U.S. This month, U.S. News and World Report released its ranking of the cities with the lowest cost of living, based on the median gross rent and annual housing costs for mortgage-paying homeowners. The average Hickory home value is $276,748, up 5.3% over the past year, according to Zillow's Home Value Index. Youngstown, Ohio is the second cheapest place to live in the U.S., according to U.S. News and World Report. Since 2010, new businesses have been popping up in its downtown, according to U.S. News and World Report.
Persons: it's, IN, TN Organizations: U.S . News, Black, U.S . Census Bureau, FBI, U.S . Department of Labor, Hickory, Hickory Furniture Mart, Huntsville, AL Fort Wayne, IL, . Census, Tri - State, Istock, Getty Locations: U.S, Hickory , North Carolina, Hickory , NC Hickory , North Carolina, Catawba County, Charlotte, Asheville, Hickory, North Carolina, Youngstown , Ohio, Hickory , NC Youngstown, Huntington, WV, Ashland , KY, IN Beaumont , TX Peoria, IL Green, , WI, IL Knoxville, Pittsburgh, Cleveland, Youngstown, Ashland , West Virginia , Kentucky, Ohio
How Barbie made a surprising comeback
  + stars: | 2023-07-14 | by ( Vanessa Yurkevich | ) edition.cnn.com   time to read: +4 min
And now she is getting new life in “Barbie” the movie, distributed by CNN’s parent company Warner Bros. And at HomBom Toys in New York City, ‘movie Barbie’ is sold out. I thought of every child who played with a Barbie doll as my child. She’s thrilled to see Barbie break out of Barbie Land and out of her heels, a sign Barbie may be keeping up with the times. And that introduced a lot of fun and introduced I think people into the world of Barbie that hadn’t been there before,” she said.
Persons: Barbara Millicent Roberts ”, — Barbie —, Barbie, “ Barbie, Margot Robbie, ’ ”, Ricard Dickson, Mattel, There’s, , Katie Mancini, Landor, Landor & Fitch, Ken, they’ve, Oppenheimer, , Ilene Gayer, , Patty Steffen, Fort, She’s, Barbie Carol Sanger, she’s, Sanger, Barbies, hadn’t Organizations: CNN, Mattel, Warner Bros ., Landor &, AMC, Barbies Locations: New York City, Fort Wayne , Indiana, Los Angeles
Last October, when Roger Waters brought his “This Is Not a Drill” tour through Austin, Texas, he also took the time to record a nearly three-hour appearance on the podcast “The Joe Rogan Experience.” During the episode, Rogan said he had to ask Waters — the former lead lyricist, bassist and co-lead vocalist for Pink Floyd — about the synchronicity that arises from watching “The Wizard of Oz” while listening to “The Dark Side of the Moon.”This phenomenon is sometimes called “The Dark Side of the Rainbow”: If you start the album at just the right time, the music and lyrics uncannily align with the movie’s visuals. Some coincidences are lyrical, as when Dorothy runs away from home at the line “No one told you when to run.” Some are tonal, as when the tornado sequence seems practically choreographed to Clare Torry’s wordless vocals in “The Great Gig in the Sky” — rising to a frenzy as the twister rolls in and then shifting to dreaminess just as Dorothy is knocked unconscious. Charlie Savage, who wrote the first article about the phenomenon as a summer intern at The Journal Gazette in his hometown, Fort Wayne, Ind., looks back at the discovery he made known when he was 19. ◆ ◆ ◆Written and narrated by Sheryl Gay Stolberg
Persons: Roger Waters, Joe Rogan, Rogan, Waters, Pink Floyd —, Oz, Dorothy, Clare Torry’s, , Charlie Savage, , Sheryl Gay Stolberg Organizations: The, Gazette Locations: Austin , Texas, Fort Wayne, Ind
June 22 (Reuters) - Interest and investment in lithium iron phosphate (LFP) battery cells and materials, used to power electric vehicles, continue to climb in the United States. FORDFord Motor (F.N) is planning to open a $3.5 billion LFP manufacturing plant in 2026 in Marshall, Michigan, using technology licensed from China’s CATL (300750.SZ). GMGeneral Motors (GM.N) has announced a $3 billion LFP plant in Fort Wayne, Indiana, with partner Samsung SDI (006400.KS), to open in 2026. FREYRNorwegian battery startup Freyr (7XN.F) expects to open a $1.7 billion battery plant outside Atlanta, using technology from Aleees and 24M. ICLIsrael’s ICL Group (ICL.TA) has announced it will build a $400 million battery materials plant near St Louis, Missouri, to open in 2024.
Persons: China’s, FREYR, Paul Lienert, Matthew Lewis Organizations: FORD Ford Motor, GM General Motors, Samsung SDI, LG, ICL, Thomson Locations: United States, U.S, Marshall , Michigan, Fort Wayne , Indiana, KS, Holland , Michigan, Big Rapids , Michigan, FREYR Norwegian, Atlanta, Aleees, Michigan, Van Buren Township, St Louis , Missouri, Detroit
Pink Floyd, ‘The Wizard of Oz’ and Me
  + stars: | 2023-06-21 | by ( Charlie Savage | ) www.nytimes.com   time to read: +19 min
Muted tk tkLike other band members have done consistently over the years, Waters denied that Pink Floyd intentionally structured its 1973 album to align with the 1939 film. Before my article, “The Dark Side of the Rainbow” was just a word-of-mouth thing on an early internet message board. I mostly listened to alternative rock in those days, but Pink Floyd’s Usenet group had a hold on me. I shared that page on the Usenet group and added it to a Pink Floyd “Web ring” — a system in which people with related pages linked to one another. The article page was logging hundreds, then thousands, and eventually tens of thousands of visitors.
Persons: Floyd, , Oz ’, , Roger Waters, Joe Rogan, Waters, Noam Chomsky, Rogan, Pink Floyd —, Oz, Dorothy, Clare Torry’s, , Pink Floyd, Alan Parsons, Willie Nelson, ” Waters, ” Rogan, “ I’ve, it’s, I’m, floyd, Kurt Cobain, Toto, Marvel, grooving, Dave Gilmour, Pink, Kurt Loder, Oz ”, “ Akira ” —, Dorothy tiptoeing, perversely Organizations: The, Gazette, New York Times, Hoosier, MGM, Miss, Journal Gazette, Columbia Records, Dave Gilmour & Co, MTV, New York Daily News, The Washington Post, The Baltimore Sun, YouTube Locations: Austin , Texas, Louisiana, Fort Wayne, Ind, Indianapolis, Los Angeles, Indiana, Boston, York
Companies General Motors Co FollowWASHINGTON, June 20 (Reuters) - General Motors (GM.N) on Tuesday said it was investing $920 million to expand operations at its Ohio diesel engine plant for production of future internal combustion engine (ICE) heavy-duty truck powertrain products. GM on Tuesday said it will build a 1.1-million-square-foot expansion of the its Brookville, Ohio, diesel engine facility and install new technology and equipment, more than quadrupling the current size of the facility, which produces Duramax diesel engines for the Chevrolet Silverado HD and the GMC Sierra HD. GM declined to release "product details and timing related to its "future HD truck powertrain products." GM also announced C$280 million ($210 million) in its Canadian Oshawa Assembly and $632 Million in Fort Wayne, Indiana, for future next-generation ICE full-size trucks. GM did not post an announcement on its website about the $920 million Ohio investment, but sent a press release to Reuters after Senator Sherrod Brown, of Ohio, issued a statement touting the plan.
Persons: Sherrod Brown, David Shepardson, Leslie Adler Organizations: General Motors, Ohio, U.S, GM, Chevrolet Silverado, GMC Sierra HD, Canadian Oshawa Assembly, U.S . Environmental Protection Agency, Reuters, Thomson Locations: WASHINGTON, Brookville , Ohio, Flint , Michigan, Arlington , Texas, Fort Wayne , Indiana, California, Ohio
This should enable the automaker to reap tens of billions of dollars in additional profit, according to Reuters estimates, before it shifts completely to zero-emission electric vehicles in 2035. It never said when exactly it would stop producing gasoline-powered trucks and SUVs, though suppliers and analysts expected it would be well before 2035. GM plans to run its heavy-duty combustion pickups at both plants until 2035, according to AFS, which provides data and analysis to vehicle manufacturers and suppliers. The automaker will gradually reduce annual production of its big SUVs in Arlington as it begins to introduce new electric companions, starting around mid-decade. By 2030, AFS forecasts Arlington production could drop to around 200,000 vehicles, which could still produce at least $2 billion in pretax earnings.
Persons: Paul Jacobson, , Jim Farley, May, Michael Ward, ” Ward, Paul Lienert, Joe White, Matthew Lewis Organizations: DETROIT, General Motors, GM, Reuters, U.S, United Auto Workers, ICE, Chevrolet Silverado, Ford, SEC, Arlington, AutoForecast Solutions, Ward, Benchmark, GMC, Silverado, GMC Sierra, AFS, Yukon XL, Thomson Locations: United States, Canada, Flint , Michigan, Arlington , Texas, Fort Wayne , Indiana, Oshawa , Ontario, Flint, Fort Wayne, Arlington, Oshawa, Suburban, Yukon, Ward, Detroit
Trucks come off the assembly line at GM's Chevrolet Silverado and GMC Sierra pickup truck plant in Fort Wayne, Indiana, July 25, 2018. DETROIT – General Motors announced plans Monday to invest $632 million for production of its next-generation full-size pickup trucks at a plant in Indiana. GM said the investment in its Fort Wayne plant in Indiana will support new conveyors, tooling and equipment in the plant's body and general assembly areas for production of the Chevrolet Silverado and GMC Sierra 1500 models. The investment in Indiana is further confirmation that the company plans to continue to spend on its traditional operations to assist in funding its emerging electric vehicle business. The investment announcements come ahead of contract negotiations between the Detroit automakers, including GM, and the United Auto Workers union this summer.
Persons: Trucks, GM's Organizations: Chevrolet Silverado, GMC, DETROIT – General Motors, GM, Silverado, Sierra Denali, Detroit, United Auto Workers Locations: Fort Wayne , Indiana, DETROIT, Indiana, Fort Wayne
Throughout the height of COVID, carmakers got used to getting high prices. Car companies have a new way of keeping prices up: limiting options on the dealer lot. Since recovering from COVID-related plant shutdowns and an extended shortage of chips required for today's tech-laden cars, companies like Ford, General Motors, and Stellantis have finally seen more cars head to dealer lots. But they got used to selling vehicles for high prices with minimal inventory on their lots. But shoppers shouldn't necessarily see some automaker's low inventory as a signal of high demand for a vehicle that they'd have to pay big dollars to compete on.
Persons: carmakers, that's, Karl Brauer, We've, Brauer, Kelley, Ed Kim, Kim Organizations: Morning, Ford, General Motors, Deutsche Bank, Fort Locations: COVID, Fort Wayne
Throughout the height of COVID, carmakers got used to getting high prices. But some carmakers might limit their inventory to keep supply down and prices up. Since recovering from COVID-related plant shutdowns and an extended shortage of chips required for today's tech-laden cars, companies like Ford, General Motors, and Stellantis have finally seen more cars head to dealer lots. But they got used to selling vehicles for high prices with minimal inventory on their lots. But shoppers shouldn't necessarily see some automaker's low inventory as a signal of high demand for a vehicle that they'd have to pay big dollars to compete on.
NEW YORK, April 13 (Reuters) - Face it, we could all use a little help with our money. So who better to ask for personal finance advice than a couple of the most powerful chatbots on the planet? Each has far more processing power than, say, any individual personal finance writer (ahem). That in mind, we asked our AI assistants-slash-overlords these classic personal finance questions:What is one great business idea? I couldn’t leave our new AI friends without asking a deeper question about money and its role in our existence.
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