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☆ A haulage firm finds itself on the sharp end of France's refinery strike
▼ + stars: | 2022-10-19 | by ( Caroline Pailliez | ) www.reuters.com time to read: +3 min

The walkouts over wage increases as Europe's cost-of-living crisis deepens have caused thousands of fuel stations to run dry. Workers at TotalEnergies' Donges refinery voted to end their strike on Wednesday. But one in five fuel stations face supply difficulties, with the number higher in the Paris region. Drivers are running out of diesel as they search for open fuel stations. Delays have resulted in a small number of contracts being cancelled, she said, speaking at her office in Mitry-Mory, east of Paris.

☆ Madagascar minister fired for voting against Russia's Ukraine annexation
▼ + stars: | 2022-10-19 | by ( ) www.reuters.com time to read: +2 min

Foreign Minister of Madagascar Richard Randriamandrato signs a book of condolence at Lancaster House in London, following the death of Queen Elizabeth II. Jonathan Hordle/Pool via REUTERSANTANANARIVO, Oct 19 (Reuters) - Madagascar's president has fired his foreign affairs minister for voting at the United Nations to condemn Russian-organised referendums to annex four partially-occupied regions in Ukraine, two sources at the president's office said. read moreOf the 193-member General Assembly, 143 countries voted in support of a resolution that also reaffirmed the sovereignty, independence, unity and territorial integrity of Ukraine within its internationally recognised borders. Russia's invasion of Ukraine this year has put many African countries in an awkward diplomatic position. Until last week, Madagascar always abstained during the various votes on resolutions related to the crisis in Ukraine.

☆ New cars are still selling for over MSRP. Here's how to avoid sticker shock
▼ + stars: | 2022-10-15 | by ( Ian Thomas | ) www.cnbc.com time to read: +6 min

A couple browses a car's sticker price. For example, Mercedes-Benz purchasers paid between 2% to 4% more than the sticker price. On top of that, the average price of used cars has been steadily dropping, even if that was coming down from a very high point. In August, the average used car sold for $28,061, a 4% year-over-year decline but still up nearly 40% from December 2019 before the Covid-19 pandemic. The recent decline is a function of used car sales slowing, down 9% in August from a year earlier, making it even more likely you might get a good deal on a used car lot.

☆ The 'bummer' of the $7,500 electric vehicle tax credit: Its full value may be hard to get
▼ + stars: | 2022-10-15 | by ( Greg Iacurci | ) www.cnbc.com time to read: +6 min

But it may be tough for consumers to get the full value of the tax credit — at least initially. The tax credit 'bummer': It's nonrefundableThe legislation, called the Inflation Reduction Act, made the tax credit "nonrefundable." This person wouldn't get the full $7,500 tax credit — they'd be able to claim $5,000 and cut their tax bill to zero. More from Personal Finance:Missed a tax credit from last year? It's unclear which electric vehicles will meet these standards and qualify for a tax credit next year.

☆ Honda and Sony are launching an EV that could connect to the metaverse — and Americans will be the first to get behind the wheel
▼ + stars: | 2022-10-13 | by ( Stephen Jones | ) www.businessinsider.com time to read: +3 min

Honda and Sony will launch their first EV in the US in 2025, under a joint partnership. The EV could have level-3 automation and its entertainment system could connect to the metaverse. Sony Honda Mobility Inc (SHM) — a strategic partnership between the automaker Honda and electronics giant Sony — announced Thursday that it will launch its first EV in the US. On Tuesday, Honda announced plans to invest $4.4 billion in an EV battery production plant in Anna, Ohio, in another joint venture with LG Energy Solution. The Honda Prologue, built in partnership with GM, is set to launch in 2024.

☆ I drove sporty electric SUVs from Tesla and Kia: Why I'd buy the $41,000 EV6 over the $66,000 Model Y
▼ + stars: | 2022-10-11 | by ( Tim Levin | ) www.businessinsider.com time to read: +5 min

I drove the Tesla Model Y and Kia EV6 to see how the two electric SUVs stack up. The Tesla Model Y. Tim Levin/InsiderTesla sells some of the longest-range EVs on the market. The Tesla Model Y. Tim Levin/InsiderThe EV6 is one of the quickest-charging electric cars you can buy. The Tesla Model Y. Tim Levin/InsiderBut some buyers might prefer the Kia's sporty and bold interior over Tesla's minimalist and button-free aesthetic. The Tesla Model Y. Tim Levin/InsiderThe Model Y's big touchscreen makes it a tech fan's dream.

☆ Here's how to avoid buying a flood-damaged car following Hurricane Ian
▼ + stars: | 2022-10-11 | by ( Sarah O'Brien | ) www.cnbc.com time to read: +3 min

Sean Rayford | Getty ImagesIf you're planning to shop for a used car in the next few months, be sure to check for flood damage before signing on the dotted line. Flooded cars are 'rotting from the inside out'Floodwaters can destroy — sometimes slowly — electronics, lubricants and mechanical systems in vehicles. Not all titles will reflect flood damageThat's because not all flooded cars are recorded as such unless an insurance company is involved. Reselling them to consumers can get on the right side of the law if the title discloses the flood damage. So, with no insurance company involvement there may not be any official record of the flood damage.

☆ Betting on flexibility, China's Nio will only rent cars in new EU markets
▼ + stars: | 2022-10-07 | by ( Victoria Waldersee | ) www.reuters.com time to read: +4 min

Chinese Nio electric car is seen at Nio's first European plant and power swap station in Biatorbagy, Hungary, September 16, 2022. Prices range from around 50,000-70,000 euros ($49,000-$69,000), depending on the car's range and whether customers buy or rent the battery. Nio will stick to direct sales in existing markets in part due to less attractive taxation on subscription models in Norway and restrictions around licence plates in China, Li said. "The advantage of our business separating the car from the battery is that we may reach economies of scale for the batteries faster than the cars," Li said. "In the long-run we believe any top company in the automotive industry will soon have in-house battery production," Li said.

☆ Citroën invents cardboard car for resourceless world
▼ + stars: | 2022-09-29 | by ( Gilles Guillaume | ) www.reuters.com time to read: +3 min

That's what Citroën has done with a new concept car designed in anticipation of a resourceless world, using cardboard instead of steel for those parts. This and a vertical windscreen designed to reduce the amount of glass needed and save weight make the electric Citroën "Oli" concept car look like a futuristic SUV. "It's more than just a concept car like you're used to seeing," Citroën director of future products Anne Laliron told Reuters. Designers at Dacia, the low-cost brand of Renault (RENA.PA), have also tried their hand at this exercise, coming up with the "Manifesto" concept car. Work on the concept car began in 2019 and has arrived in an era beset by raw material shortages caused by the coronavirus pandemic and the war in Ukraine.

☆ Tata Motors launches $10,000 electric car in India to further its lead
▼ + stars: | 2022-09-28 | by ( Aditi Shah | ) www.reuters.com time to read: +3 min

A general view of the Tata Tiago EV electric hatchback that was unveiled during a global launch event in Mumbai, India, September 28, 2022. REUTERS/Francis MascarenhasNEW DELHI, Sept 28 (Reuters) - Tata Motors (TAMO.NS) launched India's lowest priced electric car at a little over $10,000 on Wednesday as the country's only electric vehicle (EV) maker looks to draw in more buyers. Tata leads India's EV market, helped by government subsidies and high tariffs on imports. That is much cheaper than India's next most affordable EV - the electric version of Tata's Tigor compact sedan which starts at around $14,940. China, however, has some EV models that start as low as 32,800 yuan ($4,525).

☆ See the 11-slide presentation that got General Catalyst to back Oscar Health alums building a better system to track medical providers' information
▼ + stars: | 2022-09-26 | by ( Rebecca Torrence | Sarah Braner | ) www.businessinsider.com time to read: +2 min

A group of Oscar Health alums aims to create tech to tame the chaos of healthcare-provider data. When Anshul Rathi joined Oscar Health in 2017, the health-insurance upstart didn't have a system to verify the credentials of medical providers covered by the insurer's health plans. General Catalyst led the startup's $14.5 million Series A in September, bringing CertifyOS's total funding to $20 million. Existing investors Upfront Ventures, Max Ventures, and Arkitekt Ventures also contributed to the Series A. The startup removed information about its financial growth and private client details from the pitch deck before sharing it with Insider.

☆ Convertibles drive into the sunset as automakers invest in electric vehicles
▼ + stars: | 2022-09-24 | by ( Michael Wayland | ) www.cnbc.com time to read: +5 min

Automakers are also investing capital in off-road models and electric vehicles. "In the transition to electric vehicles, and where do automakers put their development money, it just isn't going to convertibles." Even counting those vehicles, sales last year were down by 26% since 2015. Jim Owens, head of Ford Mustang marketing, said only about 15% of the car's sales to consumers — 72,500 units in 2019 — are convertibles. Could we see a possible convertible electric Challenger in the future?

☆ How a rusted '60s Beetle is restored and customized
▼ + stars: | 2022-09-22 | by ( Melissa Estrada | ) www.businessinsider.com time to read: +7 min

Cate Culp: So today, we're going to be looking at Paisley, it's a 1960 Euro beetle and this car was built for our charity beetle promotion. Cate: Once it comes back from blast, we make a sort of a full list of the amount of metal work that needs to be done so any replacement panels that we need to purchase to go into metal work. So there was a bit of a bit of a process trying to work out how to engineer that. I think I bring a lot of that into the design work of the cars that we build. But at the end of the day, they're still a beetle, and they still have that same energy.

☆ A Tesla owner says he was locked out of his electric car after the battery died — an issue that he says would cost over $20,000 to fix
▼ + stars: | 2022-09-21 | by ( Grace Kay | ) www.businessinsider.com time to read: +4 min

Last year, a Finnish Tesla owner blew up his EV to protest a similar issue. Last week, Mario Zelaya posted a TikTok video calling out the issue and it received over 15 million views. In an earlier video, the Toronto-based Tesla owner posted images of a service estimate from Tesla dated March 14. The estimate showed that a replacement battery for the electric car would cost over $28,000 in Canadian dollars or more than $21,000 US dollars. Last year, a man from Finland filmed a video of himself blowing up his 2013 Tesla Model S after he discovered a replacement battery would cost $22,600.

☆ I used Tesla's Autopilot for the first time and found it makes a long drive bearable — as long as you remember what it can't do
▼ + stars: | 2022-09-21 | by ( Tim Levin | ) www.businessinsider.com time to read: +5 min

I tried Autopilot, Tesla's advanced driver-assistance system, in the Model Y SUV. Needless to say, I was eager to test out Autopilot for myself when reviewing a Tesla Model Y recently. The Tesla Model Y. Tim Levin/InsiderAutopilot performed impressively well over a couple of hours of driving on divided highways and some two-lane roads. The few times that another car merged in front of the Tesla, Autopilot responded well. The Tesla Model Y. Tim Levin/InsiderAutopilot handles highways admirably and could be a great asset on long, monotonous road trips.

☆ 'Massive ask' for Red Bull to win all remaining races - Horner
▼ + stars: | 2022-09-19 | by ( ) www.reuters.com time to read: +1 min

Sept 19 (Reuters) - Red Bull team boss Christian Horner said it would be a "massive ask" for them to win all six remaining races on the calendar despite the team having won five in a row and closing in on the drivers and constructors' championships. Red Bull have won 11 of the 16 races so far and Max Verstappen could wrap up the title in Singapore early next month. When asked if Red Bull could run the table over the final weeks of the season, Horner told Autosport, "that's a massive ask and (there is) some huge variance of circuits. Register now for FREE unlimited access to Reuters.com Register"Singapore compared to Monza, it's got the most corners on the calendar. Register now for FREE unlimited access to Reuters.com RegisterReporting by Aadi Nair in Bengaluru; Editing by Peter RutherfordOur Standards: The Thomson Reuters Trust Principles.

☆ Why your car's speedometer goes up to 160 mph
▼ + stars: | 2022-09-10 | by ( Matt Mcfarland | ) edition.cnn.com time to read: +5 min

It displayed a classically-styled speedometer that reached 160 mph, an auto industry norm. As early as the 1920s, cars could be purchased with speedometers going as high as 120 mph, according to Bruce Woolsey, president of Michigan-based auto parts supplier Bob’s Speedometer. The first 160 mph speedometer he’s aware of was in the Cunningham C-3 from the 1950s. Apple Carplay's speedometer includes a 160 mph speed limit in one version. AppleFollowing Claybrook, auto safety leaders have turned to other tactics to address speeding.

☆ Sean Connery's own 'James Bond car' sold for $2.4 million
▼ + stars: | 2022-08-20 | by ( Peter Valdes-Dapena | Cnn Business | ) edition.cnn.com time to read: +1 min

(CNN) A silver Aston Martin DB5 that had been owned by actor Sean Connery was sold at auction Thursday for $2.4 million. It was a 1964 Aston Martin DB5, just the sort of car that British secret agent James Bond drove in the 1960s films in which he was played by Connery. But the 1964 is still the best known "Bond car." The company had expected it to sell for between $1.4 million and $1.8 million at its collector car auction in Monterey, California. The auction is one of a number of collector car sales during Monterey Car Week, an annual series of classic car events on California's Monterey Peninsula.

☆ A company hacked into a Tesla Model S Plaid to hit a record 216 miles per hour
▼ + stars: | 2022-07-01 | by ( Grace Kay | ) www.businessinsider.com time to read: +3 min

Ingenext bypassed Tesla software to help the Model S plaid hit 216 miles per hour, Electrek reported. A Tesla Model S Plaid hit its fastest speed on record Thursday after a software company hacked into the vehicle's software restrictions. The nearly $130,000 Tesla model has not previously been reported to have run faster than 200 miles per hour. André is not the first company to test the limits of the Model S Plaid. MotorTrend said in 2021 that the Model S Plaid hit the highest 0 to 60 acceleration speed the publication has ever seen from a production car.

Persons: Tesla, Guillaume André, André, Ingenext, Electrek, Fred Lambert, Brooks Weisblat, MotorTrend Organizations: Tesla, Plaid, Ingenext, YouTube, Model, Porsche Locations: Rivières, Québec, Canada, Quebec

An auto loan's interest rate will depend largely on your credit score. Those with a credit score between 781 and 850 saw an average new car interest rate of 2.4% in the first quarter of 2022. The average auto loan interest rate looks very different depending on your credit score. Average new car loan interest rateCredit score range Average interest rate 300 to 500 14.76% 501 to 600 10.87% 601 to 660 6.70% 661 and 780 3.56% 780 to 850 2.40%Average used car loan interest rateCredit score range Average interest rate 300 to 500 20.99% 501 to 600 17.29% 601 to 660 10.48% 661 and 780 5.58% 780 to 850 3.71%What factors influence auto loan interest rates? How to find a car loan with a low APRThe car itself shouldn't be the only thing you're shopping for: Shop for your car loan.

☆ Preparing for Category 6 hurricanes, a new facility will test winds of 200 mph and storm surge
▼ + stars: | 2022-02-07 | by ( Jennifer Gray | Cnn Meteorologist | ) edition.cnn.com time to read: +22 min

Hide Caption 1 of 99 Photos: Hurricane Dorian Homes are in ruins one week after Dorian hit Marsh Harbour. Hide Caption 11 of 99 Photos: Hurricane Dorian Waves crash into boats in Halifax, Nova Scotia, as Hurricane Dorian approached on September 7. Hide Caption 27 of 99 Photos: Hurricane Dorian Emerald Isle employees work to clear a road after a tornado hit. Hide Caption 67 of 99 Photos: Hurricane Dorian Dorian left heavy damage at this resort in Hope Town, Bahamas. Hide Caption 74 of 99 Photos: Hurricane Dorian Palm trees blow in strong winds prior to Dorian's landfall in Freeport.

When you are upside down on your car loan, you owe more money on your vehicle than it's worth. Consider refinancing your car loan or contributing more money per month to reduce negative equity. What is an upside-down car loan? When you are upside down on your car loan, you owe more money on your car than it's worth. Let's say you took out a car loan of $20,000 with a five-year term and a 5% interest rate.

Not only is it possible to refinance an auto loan, but it's usually a much simpler process than a home loan refinance. If you're considering an auto loan refinance, you may not know where to start. This step-by-step guide will show you how to refinance an auto loan. We work with trusted local and community lenders to bring you competitive auto refinance loan offers and rates. We work with trusted local and community lenders to bring you competitive auto refinance loan offers and rates.

☆ Watch Tesla's $133,000 Model S Plaid race around the Nürburgring in record time
▼ + stars: | 2021-09-13 | by ( Isobel Asher Hamilton | ) www.businessinsider.com time to read: +1 min

Elon Musk tweeted that the Tesla Model S Plaid broke a record for the Nürburgring race track. CEO Elon Musk tweeted on Thursday that a Tesla Model S Plaid had completed the Nürburgring in 7 minutes, 30.9 seconds. The $133,000 Model S Plaid broke the previous record for production EVs, set by Porsche's Taycan Turbo, by just over 11 seconds. Tesla would go again with a modified version of the Model S Plaid, Musk said. The 1,000-horsepower Plaid is the most powerful version of the Model S.It's one of the fastest production cars ever made.

Persons: Elon Musk, Plaid, Tesla, Porsche's Taycan, Musk Organizations: Tesla, Porsche, Plaid, Model

☆ Review: The $23,000 Hyundai Venue Denim compact SUV is an absolute steal for the price
▼ + stars: | 2021-09-09 | by ( Alanis King | ) www.businessinsider.com time to read: +12 min

But when a 2021 Hyundai Venue Denim recently showed up at my door for a two-week test drive, I realized maybe the Denim wasn't the ugly one. The Hyundai Venue Denim. Hyundai Venue Denim ($22,050): adds LED headlights as well as "Denim" appearance package with blue body, white roof, and blue interior. Blue, blue, blue. The Hyundai Venue Denim.

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