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☆ Claudia Sheinbaum to be sworn in as first female president of Mexico, a country with pressing problems
▼ + stars: | 2024-10-01 | by ( Associated Press | ) edition.cnn.com time to read: +5 min

Mexico City Associated Press —Claudia Sheinbaum will take the oath of office Tuesday as Mexico’s first female president in more than 200 years of independence, promising to protect an expanded social safety net and fight for the poor like her predecessor, but facing pressing problems. Sheinbaum romped to victory in June with nearly 60% of the vote, propelled largely by the sustained popularity of her political mentor, former President Andrés Manuel López Obrador. “So, where López Obrador was charismatic, Claudia Sheinbaum will have to be effective.”He is not leaving her an easy situation. Things with its northern neighbor were already tense after López Obrador said he was putting relations with the US embassy “on pause” after public criticism of the proposed judicial overhaul. López Obrador built a massive new oil refinery and poured money into the state-owned oil company.

Persons: Claudia Sheinbaum, Mexico’s, Sheinbaum romped, Andrés Manuel López Obrador, Sheinbaum, “ López Obrador, ”, Carlos Pérez Ricart, López Obrador, Hurricane John, Hurricane Otis, John, Ismael “ El, Guzmán López, Donald Trump, Trump, Jill Biden, Sheinbaum’s, Jennifer Piscopo Organizations: Associated Press, National Guard, Mexico’s Center for Economic Research, Hurricane, Ismael “ El Mayo ” Zambada, “, Royal Holloway University of London Locations: Mexico, Acapulco, Pacific, Hurricane, Culiacan, Sinaloa, United States, Tijuana, Chiapas, Canada, America

☆ These dealers love their EVs. They just don't know how to convince shoppers.
▼ + stars: | 2023-11-18 | by ( Nora Naughton | ) www.businessinsider.com time to read: +3 min

These dealers who switched to EVs love their cars. Being an EV owner helps these dealers talk to their staff and customers about the cars. "People know what electric vehicles are, they know the pluses and the minuses – we're past that," Ricart said. The changing EV shopperDealers like Sheehy and Ricart have started warning manufacturers that a big shift in EV customers is going to change their business. While there may be interest in an electric car, these shoppers almost always land on a hybrid or a gas-powered car.

Persons: —, Rhett Ricart, he's, Ricart, Vince Sheehy, Sheehy Organizations: Service, Business, Depot Locations: Ohio, Washington, DC, Washington ,

Still, analysts say, electric vehicle sales are projected to jump sharply under the right conditions. Administration officials must speed the deployment of charging stations meant to ease the logistics of owning and driving an electric vehicle. Mr. Biden is trying to jump-start the electric vehicle market as the global transition to cleaner fuels is accelerating more quickly than expected. The administration’s policies to boost electric vehicles aren’t just aimed at climate change. Without an American supply chain, electric vehicles can’t qualify for the full $7,500 consumer tax credit the law created.

Persons: Biden, — they’re, ”, Rhett Ricart Organizations: Ricart Automotive, National Automobile Dealers Association Locations: U.S, America, Columbus , Ohio

☆ Feminism Can’t Stop Fighting the 1950s
▼ + stars: | 2023-08-25 | by ( Lucinda Rosenfeld | ) www.wsj.com time to read: 1 min

Illustration: AgnÈs RicartFrom Taylor Swift’s epic, 20-city concert Eras tour to Greta Gerwig’s “Barbie” movie, ladies in possession of talent and stature (plastic and otherwise) have lately swept the hearts of mostly female mass audiences. The phenomenon extends to the literary world, where two upmarket, explicitly feminist novels, Bonnie Garmus’s “Lessons in Chemistry” and Gabrielle Zevin’s “Tomorrow, Tomorrow, and Tomorrow” have become bestsellers and garnered legions of enthused readers.

Persons: Taylor, Greta Gerwig’s “ Barbie, Bonnie Garmus’s, Gabrielle Zevin’s “

It's just too early to tell," said George Glassman, president of Glassman Automotive Group, which sells five automotive brands outside Detroit. Since then, VinFast shares have retreated, and were down 17.2% at $24.92 at midday on Thursday. The new hybrid sales plan is just another challenge and the luxury carmaker is already talking to dealers. U.S. dealers said there are too many unanswered questions, including how VinFast will distribute parts needed to make repairs. Several dealers said VinFast may need to offer sweetened profit margins to dealers to account for the added risk.

Persons: It's, George Glassman, VinFast, Le, Thuy, Scott Fink, I'm, Tesla, Andrew DiFeo, Augustine, Warren Browne, Rhett Ricart, Dealers, it's, Ricart, Beau Boeckmann, Boeckmann, Ben Klayman, Phuong Nguyen, Matthew Lewis Organizations: Nasdaq, U.S, Reuters, Glassman Automotive, Ford, General Motors, U.S ., Fink Automotive Group, VW, Subaru, GM, Hyundai, Ricart Automotive, Toyota, Honda, Galpin Motors, Thomson Locations: U.S, North America, Detroit, VinFast, Tampa , Florida, St, Jacksonville , Florida, Columbus , Ohio, Los Angeles, VinFast's, Vietnam, Hanoi

The major Detroit pickup truck brands are sitting on growing inventories of unsold vehicles, according to Cox Automotive data provided to Reuters. Inventory levels are over 100 days’ supply for rival Stellantis NV's (STLAM.MI) Ram half-ton and heavy-duty pickups. Stellantis said in a statement it had no downtime planned at any of its North American plants, but constantly reviewed its inventory levels and would make production adjustments as needed. February sales growth was led by a 54% increase in sales to fleet customers, Power and LMC said. Especially for trucks," said Ohio dealer Rhett Ricart, whose Ricart Automotive Group sells Ford and GM trucks at different stores.

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