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☆ I'm a first-time property investor who grew my portfolio to $5.5 million in 3 years. Here's how I did it with minimal savings.
▼ + stars: | 2023-07-17 | by ( Salina Jivani | ) www.businessinsider.com time to read: +8 min

He now has a portfolio worth $5.5 million that generates tens of thousands in rent a month. The course gave me the confidence and knowledge to eventually build a real-estate portfolio worth £4.2 million, or about $5.5 million, in three years. For example, if the equity on the property I was completing was £50,000 short of what I needed to purchase the next property, I'd reach out to my network and crowdsource it. My current portfolio's valuation is nearly £4.2 million, with £1.2 million of that comprising my equity and the rest belonging to the bank. Because of the desirable locations, generally when one tenant moves out of a property another moves in within a week.

Persons: Alfred Dzadey, I'd Organizations: Service, Jaguar, Rover, Investors Locations: Wall, Silicon, Coventry , England, Coventry , West Midlands, Coventry

☆ A Rally Race in Morocco Led Her to This Rare Land Rover
▼ + stars: | 2023-07-01 | by ( A.J. Baime | Photographs Hana Mendel For The Wall Street Journal | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/a-rally-race-in-morocco-led-her-to-this-rare-land-rover-185ea1f8

Persons: Dow Jones Locations: morocco

☆ Technology is giving cars more nagging problems than ever
▼ + stars: | 2023-06-23 | by ( Alexa St. John | Tim Levin | ) www.businessinsider.com time to read: +4 min

Auto research firm JD Power assessed dozens of vehicle brands for its latest quality study. The overall quality of new vehicles is deteriorating and nagging problems are on the rise, according to a new study from JD Power. "The basic touch point of door handles is now a percolating problem area as manufacturers attempt to redesign them," JD Power said. JD Power assigned a score to each auto brand based on problems per 100 vehicles, and calculated an industry average of 192 problems per 100 vehicles (PP100), up from 180 in 2022. In terms of vehicles themselves, the Nissan Maxima had the highest initial quality overall, with 106 problems per 100 vehicles, according to teh survey.

Persons: Tesla, Dodge, Frank Hanley, Power, JD Power, Ram, Alfa Romeo, Polestar Organizations: Auto, JD Power, Fiat Chrysler, French PSA Group, Buick, Chevrolet, Volvo, Chrysler, Volkswagen, Nissan, JD, Dodge, Romeo, GMC, Porsche, Kia, Lexus, Maserati, Hyundai, Honda, BMW, Mitsubishi, Toyota, Ford, Benz, Rover, Mazda, Acura, Lincoln

☆ The best car brands of 2023
▼ + stars: | 2023-06-14 | by ( Alexa St. John | ) www.businessinsider.com time to read: +3 min

Consumer Reports released a list of top car brands Thursday. Consumer Reports released its list of the top car brands for 2023 on Thursday. Taking the bottom five spots are Mitsubishi, Alfa Romeo, Jaguar, Jeep, and Land Rover, with Land Rover at the very bottom. Consumer Reports ranked brands first by determining a road-test score using braking, handling, comfort, convenience, and fuel economy evaluations. The other domestic brands fell in the bottom-third of the rankings.

Persons: Alfa Romeo, Dodge, Genesis, Tesla Organizations: BMW, Land Rover, Consumer, Subaru, Lexus, Honda, Rover, Consumer Reports, Ford, GM, Fiat Chrysler, French PSA Group, Lincoln, Chrysler, Pacifica, Toyota, Kia, Mazda, Audi, Acura, Buick, Hyundai, Porsche, Dodge, Tesla, Infiniti, Volkswagen, Volvo, Nissan, Chevrolet, Cadillac, Benz, GMC, Mitsubishi, Alfa, Jeep

☆ Jaguar Land Rover's VC arm backed a $2 million round in plant-based leather startup Uncaged Innovations after seeing this 11-slide pitch deck
▼ + stars: | 2023-06-02 | by ( Tasmin Lockwood | ) www.businessinsider.com time to read: +3 min

Biotech startup Uncaged is mimicking the characteristics of traditional leather but using plants. Uncaged just nabbed $2 million from Jaguar Land Rover's investment arm using this pitch deck. A startup creating animal- and plastic-free leather just netted $2 million in a pre-seed round that was backed by Jaguar Land Rover's investment arm InMotion Ventures. US biotech company Uncaged Innovations, founded in 2020, mimics the characteristics of skin proteins with plants. Uncaged Innovations is taking a "two-pronged approach" by serving the fashion and automobile industries.

Persons: Stephanie Downs, Xiaokun Wang, Johns Hopkins, Tesla, Downs, VegInvest, Alwyn Capital Organizations: Biotech, Land, Jaguar Land, InMotion Ventures, Uncaged Innovations, Downs, Brands Locations: York

☆ Jaguar Land Rover recalling I-PACE vehicles in US over fire risks
▼ + stars: | 2023-05-31 | by ( ) www.reuters.com time to read: 1 min

WASHINGTON, May 31 (Reuters) - Jaguar Land Rover (JLR) said it is recalling nearly 6,400 I-PACE vehicles in the United States due to fire risks because the high-voltage electric vehicle battery may overheat. JLR, which is owned by India's Tata Motors (TAMO.NS), said the battery energy control module software will be updated and battery modules will be replaced as necessary in certain 2019 through 2024 model year vehicles. The automaker has reports of eight U.S. vehicle fires but no accidents or injuries. Reporting by David Shepardson; editing by Jason NeelyOur Standards: The Thomson Reuters Trust Principles.

Persons: India's Tata, David Shepardson, Jason Neely Organizations: Rover, PACE, India's, India's Tata Motors, Thomson Locations: United States

[1/2] The word Stock is seen on the facade of the New York Stock Exchange (NYSE) in New York City, U.S., May 30, 2023. REUTERS/Brendan McDermidFRANKFURT, May 31 (Reuters) - Germany's Schmid Group said on Wednesday it plans to list in New York via a special purpose acquisition company (SPAC), in a deal estimated to give the technology firm a valuation of $640 million. The fifth generation family-owned business, which specialises in electronics, would become a publicly-listed company on the New York Stock Exchange in the fourth quarter of this year. The transaction will be through blank-check company Pegasus Digital Mobility Acquisition Corp (PGSS.N) led by automotive veteran Ralf Speth, it said in a statement. "We have been considering this step for some time and see the NYSE and the U.S. capital markets as much more suitable for a technology company," CEO Christian Schmid told Reuters, regarding the location of the transaction.

Persons: Brendan McDermid FRANKFURT, Germany's Schmid, Ralf Speth, Christian Schmid, Schmid, StratCap, Speth, Emma, Victoria Farr, Madeline Chambers, Emelia Organizations: New York Stock Exchange, REUTERS, Pegasus Digital Mobility, Corp, NYSE, Reuters, Pegasus, BMW, Jaguar, Rover, Thomson Locations: New York City, U.S, New York, Freudenstadt, Germany's Black

[1/3] Nvidia Corp CEO Jensen Huang speaks at the COMPUTEX forum in Taipei, Taiwan May 29, 2023. Under the agreement, announced at the Computex technology trade show in Taipei, MediaTek will integrate an Nvidia graphic processing unit chiplet and Nvidia software into the system-on-chips it supplies to automakers for infotainment displays. MediaTek systems using Nvidia software would be compatible with automated driving systems based on Nvidia technology, the companies said. The partnership with MediaTek gives Nvidia wider access to the $12 billion market for infotainment system-on-chips, the companies said. MediaTek, which has its base in the Android smartphone chip sector, sells its Dimensity Auto technology to lower-priced, mass market vehicle lines, and has strengths in mobile connectivity and Android systems.

☆ Lego to launch 'Pac-Man' arcade cabinet model
▼ + stars: | 2023-05-22 | by ( Jack Guy | ) edition.cnn.com time to read: +2 min

Toy company Lego is about to release a 2,561-piece set celebrating “Pac-Man.”The set is based on a real 1980s arcade game cabinet and comes complete with a light brick to illuminate the coin slot, Lego said on its website. LEGO“Pac-Man” was launched in Tokyo in 1980 and went on to become the most successful arcade game of all time. While the Lego set does not actually function as a gaming system, it is “loaded with retro game details you’ll want to devour,” the company says. The creation of 25-year-old game designer Toru Iwatani, “Pac-Man” pioneered a number of innovations in gameplay and game design. The Pac-Man Arcade set goes on sale for $270 on June 4, as part of Lego’s Icons collection, which is “designed for a challenging yet rewarding building experience,” the company says.

☆ Hegra has been inhabited for 12,000 years -- but has only had tourists for four
▼ + stars: | 2023-05-16 | by ( Lilit Marcus | ) edition.cnn.com time to read: +8 min

Now, increased investment in archeology from the Saudi government means that more and more information is coming out of Hegra and other Nabatean sites. I think they just get absorbed in the story of the growth of the Roman Empire.”"Hinat" greets travelers at the Hegra visitor's center. Now, travelers can see her in the Hegra visitors’ center. Expand your searchMany visitors combine their Hegra trip with visits to the smaller nearby historic sites of Dadan and Jabal Ikmah. Don’t miss the covered outdoor station near the Hegra visitor’s center, where you can practice using a small chisel to carve your name or initials into pieces of stone.

☆ Seven people remain hospitalized after fatal crash outside Texas migrant shelter
▼ + stars: | 2023-05-09 | by ( Nouran Salahieh | ) edition.cnn.com time to read: +4 min

CNN —Seven people remain hospitalized in Brownsville, Texas, as a candlelight vigil is planned Tuesday in another Texas border town for the eight others who were killed when a vehicle plowed into a group of people at a bus stop over the weekend. The fatal crash comes as Brownsville and other border towns brace for a migrant surge when the public health emergency measure known as Title 42 lapses on Thursday. A memorial site set up after a deadly crash at a bus stop in Brownsville, Texas, seen on Monday. Romero said that after the crash, the driver got out of his vehicle and appeared to be impaired. The driver was uncooperative after the crash and gave authorities different names, Brownsville Police spokesman Martin Sandoval said.

CNN —As the death toll from the Texas crash rises to eight, witnesses are describing the horrifying moment a driver plowed into people Sunday near a shelter in Brownsville. There were about 20 to 25 migrants sitting on the curb at around 8:30 a.m. when police reported receiving reports of the crash, according to the shelter’s director. The migrants were from Venezuela and had arrived at the shelter just days ago, Maldonado said. Police say driver isn’t cooperatingAfter the crash, witnesses at the scene detained the driver until officers arrived, Sandoval said. The Ozanam shelter has been housing immigrants while they wait for more permanent housing, according to Sandoval.

☆ Texas tragedy: One weekend spotlights two distinctly American political fissures
▼ + stars: | 2023-05-08 | by ( Stephen Collinson | ) edition.cnn.com time to read: +9 min

CNN —The national season of violence deepened with a weekend of tragedy in Texas that hit two of the rawest political divides, guns and immigration. It was the latest in a string of mass shootings in Texas and across the country that have killed many innocent people but have brought no action to end the cycle of loss. Then, on Sunday, a driver slammed into a group of migrants waiting at a bus stop outside a shelter in the Texas border town of Brownsville. But as in the case of mass shootings, there is little chance that the nation’s polarized politics will ease in order to offer the space for meaningful resolution. The latest mass shooting in Texas came after a spree of such killings in schools, supermarkets, at community parades, a bank and places of worship nationwide.

☆ Eight People Fatally Struck by Vehicle Outside Texas Homeless Shelter Housing Migrants
▼ + stars: | 2023-05-07 | by ( Ginger Adams Otis | ) www.wsj.com time to read: 1 min

A Land Rover plowed into a group of people at a Brownsville, Texas, bus stop Sunday, killing at least eight and injuring others. Photo: ABC affiliate KRGV/ReutersEight people were killed in Brownsville, Texas, on Sunday when a vehicle plowed into a group at a bus stop near a homeless shelter currently housing migrants. Several migrants were among the fatalities and injured, said Brownsville Police Department spokesman Martin Sandoval. At least 10 people were taken to local hospitals for treatment, he said.

CNN —A driver plowed into a group outside a shelter that had been housing migrants in a Texas border town on Sunday, leaving seven people dead and several others injured, authorities say. The crash left seven dead and between four to six others injured, Martin Sandoval, a Brownsville police spokesperson, told CNN. Police have not released the name of the driver, but say it was a Hispanic man, Sandoval told CNN. He said witnesses described seeing the car “lose control.”The shelter has been housing immigrants while they wait for permanent housing, he said. Brownsville, Texas is located on the southern tip of Texas, just across the Rio Grande River.

☆ Auto giants are setting their sights on a new growth market for EVs: India
▼ + stars: | 2023-05-04 | by ( Anmar Frangoul | ) www.cnbc.com time to read: +3 min

When it comes to electric cars, however, the country is playing a game of catch up. During a recent interview with CNBC's Charlotte Reed, Thierry Koskas accepted that the market in India was "just starting." Citroën India, which launched the fully electric ë-C3 in Feb. 2023, is not alone when it comes to making a move in India's nascent electric car sector. According to the IEA, Tata was responsible for more than 85% of battery electric vehicle sales within India last year. Other Indian firms jostling for position in the sector include Mahindra and Mahindra and Ola Electric.

☆ Thieves can steal a car in minutes by hacking it through its headlights with devices sold online, experts warn
▼ + stars: | 2023-04-24 | by ( Bianca Giacobone | ) www.businessinsider.com time to read: +4 min

Emergency start devices sold online starting at $1,600 can hack into a car through its wire network. The easiest access to car wires is through the headlights, car security experts say. "Normally, the wake-up message happens when you've pressed your car key. The hacking device sends a message to the car's front network — a car has many networks for logistic reasons — pretending to be the key. To study the hacking system, Tindell and Tabor purchased a similar hacking device online and reverse-engineered it.

☆ Jaguar Land Rover plans to invest 15 bln pounds in electric push
▼ + stars: | 2023-04-19 | by ( ) www.reuters.com time to read: 1 min

April 19 (Reuters) - British luxury carmaker Jaguar Land Rover (JLR) on Wednesday said it plans to invest 15 billion pounds ($18.65 billion) over the next five years to expand its electric-vehicle offerings. JLR, which is owned by India's Tata Motors (TAMO.NS), added that its Halewood plant in Merseyside, UK, will become an all-electric manufacturing facility. ($1 = 0.8042 pounds)Reporting by Chandini Monnappa in Bengaluru; Editing by Devika SyamnathOur Standards: The Thomson Reuters Trust Principles.

☆ Tesla's biggest Chinese rival showed off a supercar that can balance on 3 wheels, dance, and jump off the ground
▼ + stars: | 2023-04-11 | by ( Tim Levin | ) www.businessinsider.com time to read: +2 min

Chinese electric-car maker BYD posted a video of its upcoming Yangwang U9 supercar. The luxury vehicle will be able to bounce and jump off the ground. Chinese Tesla rival BYD showed the world just that on Monday. In a video from a BYD event posted to Twitter, its upcoming Yangwang U9 can be seen dancing and bobbing side to side as it slowly drives across the stage. It looks a lot like a feature in some Mercedes SUVs that makes the vehicle bounce vigorously up and down.

☆ India's Tata Motors jumps to a 7-month high on strong Q4 JLR sales
▼ + stars: | 2023-04-10 | by ( ) www.reuters.com time to read: +2 min

Tata Motors's shares were the top gainer on India's bluechip Nifty 50 index (.NSEI), which was up 0.33%, and pushed the auto index (.NIFTYAUTO) up 1.16%. Tata Motors' global wholesales rose 8% in the quarter. JLR's sales contribute nearly 60% of Tata Motors's revenue from operations and the British automaker's strong sales in the October-December quarter had lifted the group to its first profit in two years. "The market is underestimating JLR's EBIT (earnings before interest and tax) margin potential from upcoming phase of wholesale volumes," Goldman Sachs said in a note. Tata Motors's stock hit a high of 473.30 rupees on the day, before giving up some gains to trade up about 6% at 463.75 rupees in early afternoon trading.

☆ After driving 25 electric vehicles, these are my 7 favorites
▼ + stars: | 2023-04-01 | by ( Tim Levin | ) www.businessinsider.com time to read: +6 min

I've tested 25 electric cars from Tesla, Mercedes, Hyundai, Ford, and more. Picking an absolute favorite is tough, since I've had so many memorable experiences with so many interesting vehicles. Pininfarina BattistaThe Pininfarina Battista. The Battista has four motors (most electric cars have one or two) and cranks out a certifiably bonkers 1,900 horsepower. The Pininfarina Battista.

☆ Matte car colors in muted earth tones are suddenly taking over — but the trendy paints come at a cost
▼ + stars: | 2023-03-18 | by ( Bethany Biron | ) www.businessinsider.com time to read: +4 min

Earthy, muted shades are becoming increasingly popular among car buyers, according to the LA Times. The muted cars are suddenly popping up everywhere, lining freeways and parking lots in unassuming shades of gray, black, brown, tan, and green. "The term 'stealth' comes to mind when we see a car in matte gray or matte black. Derek Joyce, a spokesman for Hyundai Motor North America, told the Los Angeles Times that the muted shades of its Hyundai Santa Cruz model are outselling more traditional hues. The styles are also picking up steam on TikTok, where users are sharing videos of their matte cars, or of transforming old models using the new trendy paints.

☆ Bank of America sees this chipmaker rallying more than 25% as electric vehicle demand grows
▼ + stars: | 2023-03-08 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

On Semiconductor is a top chip stock for autos that could jump more than 25%, Bank of America said. This was in addition to news that On Semiconductor signed a long-term electric vehicle supply deal with BMW. "This win complements ON's other notable wins at Tesla, Mercedes, Jaguar Land Rover, VW, Hyundai, and Nio," Arya wrote in a Tuesday note. On Semiconductor shares are more than 26% higher in 2023, after also outperforming last year in spite of an 8% drop. "We expect ON to maintain/expand its 25-30% CY23E SiC device mkt share, while also benefitting from its leadership in image sensors for advanced driver assist systems," Arya wrote.

☆ Jaguar Land Rover opens three European self-driving tech hubs
▼ + stars: | 2023-02-21 | by ( Nick Carey | ) www.reuters.com time to read: +1 min

[1/2] Jaguar Land Rover unveils the new Jaguar F-Type model during its world premiere in Munich, Germany, December 2, 2019. REUTERS/Michaela RehleLONDON, Feb 21 (Reuters) - Luxury carmaker Jaguar Land Rover said on Tuesday it is opening three new engineering hubs in Europe to develop autonomous vehicle technologies as part of its partnership with Silicon Valley artificial intelligence company Nvidia (NVDA.O). The hubs in Munich, Bologna and Madrid will develop self-driving systems for JLR's next generation of luxury vehicles. JLR already has six global tech hubs the United States, China and Europe. The partnership with Nvidia gives JLR a well-funded ally as it tries to catch up with Tesla Inc (TSLA.O) and other luxury vehicle rivals in a digital technology arms race.

☆ These are the best car brands of 2023
▼ + stars: | 2023-02-17 | by ( Alexa St. John | ) www.businessinsider.com time to read: +3 min

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