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☆ I drove Kia's $63,000 electric SUV. It's quick and stylish — but falls short in range and cargo space.
▼ + stars: | 2023-06-02 | by ( Tim Levin | ) www.businessinsider.com time to read: +4 min

I drove Kia's high-performance electric SUV: the 2023 EV6 GT. A super-sporty version of Kia's EV6 series, the 2023 EV6 GT is one of the coolest electric cars I've driven recently — but it isn't perfect. Pro: Impeccable styleThe 2023 Kia EV6 GT. Tim Levin/InsiderThe EV6's saving grace is it offers some of the quickest charging on the electric-car market. Tim Levin/InsiderThe EV6 GT comes loaded with impressive features that make driving it feel safe and convenient.

Persons: Kia, Tim Levin, Kia EV6, Red Bull, oomph, you'll Organizations: Kia, Morning, Tesla, Con, Ford, EV

☆ Orlando Bloom at Cannes for 'Gran Turismo' story of gamer-turned-racer
▼ + stars: | 2023-05-26 | by ( Alicia Powell | ) www.reuters.com time to read: +1 min

[1/3] The 76th Cannes Film Festival - Photocall for the film "Gran Turismo" - Cannes, France, May 26, 2023. Geri Halliwell-Horner and Orlando Bloom pose at the Carlton Pier. REUTERS/Eric GaillardCANNES, May 26 (Reuters) - Actor Orlando Bloom and former Spice Girl Geri Halliwell-Horner were at the Cannes Film Festival on Friday to promote "Gran Turismo", based on a true story about a video game player who used his skills to become a professional racing driver. Archie Madekwe, who was in the 2019 folk horror "Midsommar", plays Mardenborough, who now races in Japan's Super GT series, in the film distributed by Sony Pictures. "You have this very honest, real and true-to-life story, which is, I think, something everyone can relate to," he said.

☆ Bentley CEO says customization craze among the wealthy is boosting profit
▼ + stars: | 2023-05-18 | by ( Robert Frank | ) www.cnbc.com time to read: +3 min

After a record-breaking year in 2022, Bentley Motors reported surging profits in the first quarter due in large part to car customization, CEO Adrian Hallmark said. Bentley reported its best-ever first quarter, with operating profits up 27% to 216 million euros, or about $232 million. The reason: Wealthy buyers are spending more to personalize their cars with special paint colors, leather, stitching and details. "Customers are choosing one of our 62 paint colors, the 43 leathers we offer and lots of options," Hallmark told CNBC. Bentley's Mulliner Edition department at the company's Crewe factory is turning out record numbers of one-of-a-kind Bentleys with special paint colors, metal finishes and embroidery.

But Michelin, Continental and Pirelli (PIRC.MI) told Reuters they are pursuing alternatives to 6PPD, with Michelin and Continental adding collective industry action may be necessary to find solutions. Continental said its dandelion tyres were developed to find a sustainable form of natural rubber, and addressing 6PPD was a separate focus. The worst-performing rival tyres Michelin has tested so far emit around 8 kg per year. Michelin and Continental said they are already focused on making their tyres more durable - Michelin cut its tyre emissions 5% between 2015 and 2020, Roget said. "The advent of the EV is the time to make this change," to improve tyres," Enso's Erlendsson said.

☆ ‘Succession’ Style, Episode 7: Snakes and Scorpions
▼ + stars: | 2023-05-07 | by ( The Styles Desk | ) www.nytimes.com time to read: 1 min

This article contains spoilers for Episode 7 of the final season of “Succession.”It’s election eve in the world of “Succession,” and the Roys are jockeying for position. Kendall and Roman ramp up their efforts to stop the Matsson deal, and Shiv and Tom host the tailgate party with Logan’s preordained guest list. This “AOL era, legacy media, putrid stuffed-mushroom” fest, as Matsson calls it, even has an electoral party game with a kettle corn prize. Matsson stuns in a golden bomber jacket, but Tom may be the quiet style star of the night. GT: Fur confidence or velvet confidence?

☆ I drove the $62,000 Kia EV6 GT — a genius electric SUV with supercar speed. Here are 8 things it taught me.
▼ + stars: | 2023-05-04 | by ( Alanis King | ) www.businessinsider.com time to read: +8 min

I heard a lot of great things about the Kia EV6 GT before driving one myself. The Kia EV6 GT is geniusThe EV6 is Kia's new electric crossover, and it starts at $48,700. The 2023 Kia EV6 GT. The 2023 Kia EV6 GT. The 2023 Kia EV6 GT.

☆ NASCAR Le Mans entry can be springboard for Button and Johnson
▼ + stars: | 2023-05-04 | by ( Alan Baldwin | ) www.reuters.com time to read: +2 min

LONDON, May 4 (Reuters) - Former Formula One champion Jenson Button wants to drive a Hypercar at Le Mans next year and says he would be up for a full season of the world endurance championship if the right opportunity comes along. The Briton will be taking part in the 24 Hours race at the Sarthe circuit on June 10-11 this year as part of a special NASCAR entry with seven times NASCAR champion Jimmie Johnson and former Le Mans winner Mike Rockenfeller. Johnson, 47, has never been to Le Mans while Button, 43, endured a short-lived debut in 2018 with the Russian-backed SMP team. The World Endurance Championship (WEC) has seven rounds, including Le Mans, while the North American IMSA series has 11 but is nearer to home. "I’m running out of items, especially in a major professional setting," said the Californian, who was never able to race Le Mans previously due to calendar clashes with NASCAR and IndyCars.

☆ Why you should think twice before splurging on all-wheel drive in your new electric car
▼ + stars: | 2023-05-03 | by ( Tim Levin | ) www.businessinsider.com time to read: +3 min

AWD EVs have an extra motor, which consumes more energy and decreases range. Two extra drive wheels help increase traction and mean an AWD EV will be more capable and confident in snow and other slippery conditions. Thanks to that boost in horsepower and torque, AWD EVs tend to accelerate much quicker than ones with front- or rear-wheel drive. Ford rates the entry-level Mustang Mach-E at 250 miles for RWD models and 226 miles for AWD ones. AWD gas vehicles are also less fuel efficient than their 2WD counterparts, but it isn't a big deal beyond the added emissions and gas costs.

☆ After testing more than 25 electric cars, these 5 were the most fun to drive
▼ + stars: | 2023-04-27 | by ( Tim Levin | ) www.businessinsider.com time to read: +5 min

The electric Hummer, Porsche Taycan, Rivian R1T, and Pininfarina Battista are each a blast for different reasons. Kia EV6 GTThe 2023 Kia EV6 GT. Tim Levin/InsiderWarn your passengers to brace themselves before pinning it in Kia's new EV6 GT. The 2023 Kia EV6 GT. Porsche TaycanThe 2022 Porsche Taycan Cross Turismo Turbo S. Tim Levin/InsiderPorsches are renowned for their superior driving dynamics.

☆ Maserati's going electric while simultaneously reconnecting to its gas-powered past
▼ + stars: | 2023-04-19 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +5 min

Next year, Maserati will reveal a fully electric sedan for which they will be no gas-powered version at all. So does Ferrari, Maserati’s sister brand until a few years ago when it was spun off under its own stock symbol. The Maserati Grecale SUV has an aggressive driving feel. Now that the spinoff of Ferrari has left Maserati the company’s only ultra-luxury brand, Grasso feels more is expected, he said. “We can only be at ease when Maserati’s profitability is above Stellantis’s profitability,” he said.

☆ Renault strikes battery deal with Verkor for premium EVs
▼ + stars: | 2023-04-13 | by ( ) www.reuters.com time to read: +1 min

PARIS, April 13 (Reuters) - Renault (RENA.PA) on Thursday announced a long-term commercial partnership with French start-up Verkor for the supply of electric batteries with an overall capacity of 12 GWh per year, including for Renault's future compact Alpine model. Under the new deal, Verkor - in which Renault started to invest in 2021 - will produce batteries for its premium Renault and Alpine models in a plant in Dunkirk, northern France. The first car using the Verkor batteries will be the Alpine C-Crossover GT, which Renault plans to start building in 2025. Asian battery producer Envision AESC will also provide batteries to the group, used in smaller and less powerful vehicles from another factory located in Douai, close to Dunkirk. Reporting by Gilles Guillaume, writing by Tassilo Hummel, editing by Benoit Van OverstraetenOur Standards: The Thomson Reuters Trust Principles.

☆ These are the best cars for families of every size
▼ + stars: | 2023-04-08 | by ( Tim Levin | ) www.businessinsider.com time to read: +2 min

US News & World Report released its ranking of the best cars for families in 2023. US News & World Report on Tuesday issued its annual ranking of the best new cars for families. Best 2-Row SUV: Hyundai Santa FeThe Hyundai Santa Fe. HyundaiBest Hybrid Car: Toyota Camry HybridThe Toyota Camry Hybrid. Tim Levin/InsiderBest Hybrid SUV: Toyota Highlander HybridThe 2023 Toyota Highlander.

Companies Goodyear Tire & Rubber Co Follow(Reuters) - Goodyear Tire & Rubber Co (GT.O) convinced an Ohio federal judge on Friday to throw out a $64 million jury verdict over its alleged theft of trade secrets related to self-inflating tires. A jury decided last year that Goodyear misappropriated five of the 12 trade secrets Coda accused it of misusing. But Lioi said Friday that four of the five secrets – related to Coda's design, development and placement of self-inflating tire pumps – were not specific enough to be considered protectable trade secrets. Lioi said Coda's fifth alleged secret, related to developing a functional self-inflating tire, was "no secret at all" because the concept was not new in 2009. The case is Coda Development SRO v. Goodyear Tire & Rubber Co, U.S. District Court for the Northern District of Ohio, No.

☆ 4 reasons to buy Kia's super-quick $63,000 electric SUV and 3 ways it falls short
▼ + stars: | 2023-03-26 | by ( Tim Levin | ) www.businessinsider.com time to read: +4 min

I drove Kia's high-performance electric SUV: the 2023 EV6 GT. Pro: Impeccable styleThe 2023 Kia EV6 GT. Con: Stiff rideThe 2023 Kia EV6 GT. Tim Levin/InsiderThe EV6's saving grace is it offers some of the quickest charging on the electric-car market. Tim Levin/InsiderThe EV6 GT comes loaded with impressive features that make driving it feel safe and convenient.

☆ The 9 best cars for families
▼ + stars: | 2023-03-14 | by ( Tim Levin | ) www.businessinsider.com time to read: +2 min

☆ An $18 million Ferrari leads record classic-car auction at Amelia Island. See all 10 top sellers
▼ + stars: | 2023-03-08 | by ( Robert Frank | ) www.cnbc.com time to read: +2 min

Wealthy car collectors spent a record amount at the classic-car auctions at Amelia Island over the weekend, suggesting the market remains strong despite recession fears and falling stocks. Total sales at the Amelia Island auction reached $178.4 million — a record for the event, topping the 2016 record of $140 million, according to classic-car insurance and events company Hagerty. Over 390 cars sold, at an average price of $455,293, up from $435,939. The most expensive car sold at Amelia Island was a 1962 Ferrari 250 GT SWB California Spider, sold at Gooding & Company for $18 million — setting a record for a car sold at the Amelia Island auctions. Here are the top 10 cars sold by value at the Amelia Island auctions, according to Hagerty.

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☆ I've tested 19 electric cars. There are 4 huge reasons you should consider buying one.
▼ + stars: | 2023-03-01 | by ( Tim Levin | ) www.businessinsider.com time to read: +4 min

I've driven electric cars from Tesla, Audi, Porsche, Hyundai, Kia, Volkswagen, Rivian, and more. EVs are quick, fun, and quietThe 2022 Kia EV6 GT-Line. Tim Levin/InsiderAlmost all EVs, from budget Chevys to sporty Audis, have more pep in their step than comparable gas cars. The 2022 Kia EV6. Tim Levin/InsiderSince electric cars lack bulky components like an engine and transmission, automakers enjoy lots of flexibility to add extra interior room for people and stuff.

☆ Buy this little-known biotech stock set to rally nearly 60% as use of gene therapy grows, Goldman Sachs says
▼ + stars: | 2023-02-28 | by ( Samantha Subin | ) www.cnbc.com time to read: +1 min

Shares of Krystal Biotech can rally nearly 60% as use of its gene therapy to treat cases of herpes simplex virus mount, Goldman Sachs said. Given the promising outlook for the treatment, Kumar raised Goldman's peak global unadjusted sales expectations to $1.2 billion from $1.5 billion. He also expects a rapid launch of the therapy, anticipating 25% and 48% peak penetration in 2024 and 2025. Along with the upgrade, Kumar upped the Wall Street firm's price target to $124 from $79, suggesting that shares could potentially rally about 59%. KRYS YTD mountain Krystal Biotech shares so far this year — CNBC's Michael Bloom contributed reporting

☆ Bentley to end production of ultra-performance 12-cylinder engine as it transitions to EVs
▼ + stars: | 2023-02-21 | by ( Michael Wayland | ) www.cnbc.com time to read: +2 min

A staff member checks a Bentayga SUV on the Bentley production line at their factory in Crewe, Britain, December 7, 2022. Bentley Motors plans to end production of its 12-cylinder engine next April as the famed luxury carmaker transitions to electric vehicles. Bentley said the upgraded engine will only be used in 18 Bentley Baturs — handcrafted two-seat performance cars that start at about $2 million. Production of the W12 engine will be replaced with expanded assembly of V8 and V6 hybrid engines, according to the company. Bentley says it has produced more than 100,000 of the W12 engines since the assembly began in 2003.

☆ Driving electric SUVs from Tesla, Kia, and Hyundai showed me why the Korean brands are gaining on Elon Musk
▼ + stars: | 2023-02-18 | by ( Tim Levin | ) www.businessinsider.com time to read: +4 min

The Kia EV6 and Hyundai Ioniq 5 are some of the trendiest new electric vehicles challenging Tesla. The trendy Korean SUVs are stylish, fun, and technologically advanced — and are making trouble for Tesla's Model Y. The 2022 Hyundai Ioniq 5. The 2022 Kia EV6. The Tesla Model Y. Tim Levin/InsiderPlus, they drive greatThe Model Y accelerates like nobody's business and takes turns like a sports car.

☆ Kia's new electric SUV is the stylish, super-quick competitor of Elon Musk's nightmares — but it has one big downside
▼ + stars: | 2023-02-16 | by ( Tim Levin | ) www.businessinsider.com time to read: +4 min

The 2023 EV6 GT Kia lent me came out to roughly $63,000, including a destination fee. The 2023 Kia EV6 GT. The 2023 Kia EV6 GT. The 2023 Kia EV6 GT. Our impressionsThe 2023 Kia EV6 GT is a unique, adrenaline-inducing ball of energy that makes you feel outrageously cool while behind the wheel.

☆ Kanye West's ex-lawyers finally found him after months of trying to tell him they quit
▼ + stars: | 2023-02-06 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +4 min

Lawyers who represented Ye — aka Kanye West — finally found him after months of trying. After months of searching, attorneys at Greenberg Traurig LLP, the firm that represented West for everything from contract disputes to employment lawsuits, tracked Ye down and told him they quit. He was found at a location "primarily used by persons and entities not affiliated with Ye or his businesses," according to lawyers for Greenberg Traurig. He stopped responding to texts from Greenberg Traurig, the lawyers wrote in a series of court filings, asking for repeated extensions for the deadline to track him down. While the service may mark the end for Greenberg Traurig, it's only the beginning for Ye, whose legal risks couldn't get much higher.

☆ Did investors learn nothing from last year’s market meltdown?
▼ + stars: | 2023-02-05 | by ( Paul R. La Monica | ) edition.cnn.com time to read: +6 min

Shares of movie theater chain AMC (AMC) have soared nearly 65% so far in 2023, and AMC (AMC)’s companion preferred stock (which trades under the ticker APE as a nod to the nickname AMC (AMC) fans have given themselves on social media) has more than doubled. So did investors learn nothing from last year’s market meltdown? I don’t agree with this market rally in meme stocks,” said Erik Ristuben, chief investment strategist with Russell Investments. Another strategist agrees this recent rally for meme stocks and other speculative bets may not end well. If they’re upbeat about spending, that could keep the rally in consumer stocks going.

☆ Confessions of 20-somethings who live at home and splash out on cars, designer handbags, and nightclubs instead
▼ + stars: | 2023-02-04 | by ( Dan Latu | Kelsey Neubauer | ) www.businessinsider.com time to read: +9 min

They're also spending the money they would have spent on rent on pricey goods and travel. Courtesy of Julia MachajProfession: EngineerIf she weren't living with her parents she'd live in: Stamford, Connecticut, where the rent starts at $1,875, according to Rent.com. Courtesy of Jonathan BranchProfession: AccountantIf he wasn't living with his parents he'd live in: Arlington, Virginia, where rent starts at $1,999, according to Rent.com. He's spent money on: $700 Sony camera and $800 lensesJonathan Branch recently turned 30, but spent his twenties living at home in Fairfax, Virginia. Courtesy of Gabby BeckfordProfession: Travel influencerIf she weren't living with her parents she'd live in: Seattle, Washington, where rent starts at $1,560, according to Rent.com.

☆ A flurry of earnings reports, Fed rate hike, signs of a bull market
▼ + stars: | 2023-02-04 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

Earnings season continues next week, with Club holdings Linde (LIN), Emerson Electric (EMR) and Walt Disney (DIS) all set to report. Similarly, shares of Meta Platforms (META) have surged over 20% since CEO Mark Zuckerberg reassured investors Wednesday evening that 2023 would be the technology giant's "year of efficiency." The bull case is further supported by continued signs inflation is easing, a still-robust job market and the breadth of market-buying activity since the start of the year. Lastly on Wednesday, the Fed's Federal Open Market Committee raised the federal funds rate by 25 basis points, in line with expectations. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

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