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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

☆ 'Price bubble' in A.I. stocks will wreck rally, economist David Rosenberg predicts
▼ + stars: | 2023-05-25 | by ( Stephanie Landsman | ) www.cnbc.com time to read: +2 min

Economist David Rosenberg, a bear known for his contrarian views, believes enthusiasm surrounding AI has become a major distraction from recession risks. "No question that we have a price bubble," the Rosenberg Research president told CNBC's "Fast Money" on Thursday. "[This] looks very weird," said Rosenberg, who served as Merrill Lynch's chief North American economist from 2002 to 2009. Just seven mega-caps have accounted for 90% of this year's price performance," Rosenberg wrote. While mega cap tech outperforms, Rosenberg sees ominous trading activity in banks , consumer discretionary stocks and transports .

Persons: David Rosenberg, CNBC's, Rosenberg, Merrill Lynch's, Jensen Huang Organizations: Rosenberg Research, Nasdaq, Nvidia, Microsoft

☆ Toyota redesigns bestselling Tacoma pickup amid increased midsize competition
▼ + stars: | 2023-05-19 | by ( Michael Wayland | ) www.cnbc.com time to read: +4 min

The Tacoma has led the midsize pickup segment in sales for nearly 20 years, as competitors such as Ford, Jeep and Chevrolet have come, gone and returned to the segment. Midsize pickup trucks represented 4.4% of total U.S. vehicle sales in 2022, according to auto research firm Edmunds. Toyota has commanded a roughly 40% share of the American midsize pickup truck segment since 2019 when Ford Motor and Jeep reentered market, according to Edmunds. 2024 Toyota Tacoma Limited ToyotaTrailing Toyota is General Motors , which sells the Chevy Colorado and GMC Canyon. Tacoma is available in SR, SR5, TRD PreRunner, TRD Sport, TRD Off Road, Limited, TRD Pro, and Trailhunter.

☆ Recalled Peloton treadmills get US regulator approval for repair
▼ + stars: | 2023-05-18 | by ( ) www.reuters.com time to read: +1 min

May 18 (Reuters) - The U.S. Consumer Product Safety Commission (CPSC) on Thursday approved a repair for a rear guard of Peloton Interactive Inc's (PTON.O) recalled 'Tread+' treadmill. "The approved rear guard repair eliminates the potential for entrapment near the rear roller of the treadmill," the safety regulator said in a statement. "The rear guard repair features a breakaway design that pivots away from the treadmill when it comes into contact with a person or object, shutting off power to the unit and decelerating the belt." To date, in addition to the reported death, Peloton has received a total of 351 incident reports of pull-unders, including 90 reports of injuries to consumers, according to the CPSC. Peloton will offer the guard free of charge to all members who own a 'Tread+', the virtual workout company said in a statement on its website.

☆ Toyota unveils new Tacoma pickup hybrid option
▼ + stars: | 2023-05-18 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +4 min

CNN —The Toyota Tacoma has been the best-selling mid-sized pickup in America for the last 20 years but its territory is getting much more competitive. To help it stay ahead in a crowded auto-industry battle for small-truck customers, Toyota just unveiled an entirely new Tacoma. The Toyota Tacoma Limited is the most luxurious version of the truck. ToyotaPopular with off-road enthusiasts, the new Tacoma will be available in several different off-road-focused versions: the TRD Pro, TRD Off-road, and the new Trailhunter model. TRD Off-Road, on which the hybrid system will be optional, will be engineered for more rugged terrain.

☆ I drove Nissan's electric Ariya SUV — it proves that 13 years after the Leaf, the automaker can compete with Tesla
▼ + stars: | 2023-05-10 | by ( Tim Levin | ) www.businessinsider.com time to read: +7 min

The basicsThe 2023 Nissan Ariya Empower+ Tim Levin/InsiderThe Ariya landed in the US earlier this year with a starting retail price of $43,190. The 2023 Nissan Ariya Empower+ Tim Levin/InsiderThere's no bulky tunnel running down the middle of the vehicle. The 2023 Nissan Ariya Empower+ Tim Levin/InsiderThe quirks don't stop there. The 2023 Nissan Ariya Empower+ Tim Levin/InsiderHands-free driving isn't available across the board, but Nissan doesn't skimp on standard safety features. The 2023 Nissan Ariya Empower+ Tim Levin/InsiderNissan says the Ariya can charge from 20%-80% in 40 minutes using a sufficiently powerful fast charger.

☆ Ford reveals redesigned Ranger pickup with new Raptor performance model
▼ + stars: | 2023-05-10 | by ( Michael Wayland | ) www.cnbc.com time to read: +5 min

In this article F Follow your favorite stocks CREATE FREE ACCOUNT2024 Ford Ranger Raptor FordDETROIT — Ford Motor on Wednesday revealed its redesigned Ranger midsize pickup truck for the U.S., including a new Raptor performance model. 2024 Ford Ranger Raptor FordFord declined to release the current average transaction price of the Ranger. The Ranger Raptor, which is powered by a 3.0-liter EcoBoost V6 engine, adds to Ford's Raptor lineup that currently includes the F-150 full-size pickup and Bronco SUV. 2024 Ford Ranger Raptor Ford"The mission has always been to climb the mountain to No. 2024 Ford Ranger XLT Sport FordThe Ranger fits in between Ford's compact Maverick pickup and the automaker's full-size F-150 and larger F-Series trucks.

☆ Here are Tuesday's biggest analyst calls: Microsoft, Apple, Alphabet, JPMorgan, PayPal, Shoals & more
▼ + stars: | 2023-05-09 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

JPMorgan initiates Alkami as overweight JPMorgan said the regional banking software company has strong fundamentals. " Bernstein reiterates Microsoft as outperform Bernstein said AI is going "everywhere and in everything" that Microsoft does. Goldman Sachs reiterates PayPal as buy Goldman said it sees further earnings upside after the company's earnings report on Monday. " Raymond James reiterates Palantir as strong buy Raymond James said it's standing by its strong buy rating on shares of the AI beneficiary. Credit Suisse downgrades PayPal to neutral from outperform Credit Suisse said it's too "challenging" to recommend shares right now.

Organizations: & & .

☆ 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.

☆ 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 First Republic's rescue, economists predict further pain with a 'new era' of higher inflation
▼ + stars: | 2023-05-03 | by ( Elliot Smith | ) www.cnbc.com time to read: +5 min

Leah Millis | ReutersAfter the rescue of First Republic Bank by JPMorgan Chase over the weekend, leading economists predict a prolonged period of higher interest rates will expose further frailties in the banking sector, potentially compromising the capacity of central banks to rein in inflation. Almost 80% of chief economists surveyed said central banks face "a trade-off between managing inflation and maintaining financial sector stability," while a similar proportion expects central banks to struggle to reach their inflation targets. Yet several leading economists told a panel at the World Economic Forum Growth Summit in Geneva on Tuesday that higher inflation and greater financial instability are here to stay. That means inflation, the impulse of inflation will be higher." She added that it "defies logic" that as the industry tries to pivot rapidly to a higher interest rate environment, there won't be further casualties beyond SVB, Signature, Credit Suisse and First Republic.

☆ We're entering a 'structurally more inflationary' world —and that will mean more failures, Bain & Co MD says
▼ + stars: | 2023-05-02 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe're entering a 'structurally more inflationary' world —and that will mean more failures, Bain & Co MD says"The calibration to an era of low rates is so entrenched that getting used to higher rates, that torque, will create failures that we haven't yet seen or anticipated," said Karen Harris, managing director of the Macro Trends Group at Bain & Company.

☆ 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.

☆ GM expands high-end Chevy Silverado HD lineup with new ZR2 off-road model
▼ + stars: | 2023-04-13 | by ( Michael Wayland | ) www.cnbc.com time to read: +2 min

The latest model revealed Thursday is the Chevrolet Silverado HD 2500 ZR2, a new off-road model for one of GM's most expensive pickup trucks. 2024 Chevrolet Silverado HD ZR2 Bison GM"ZR2 has been a huge success for us," said Michael MacPhee, director of Chevy truck marketing. 2024 Chevrolet Silverado HD ZR2 GMThe company declined to disclose exact pricing for the new ZR2 pickups, saying they will be "aspirational but attainable." The current Chevrolet Silverado 1500 ZR2 starts at about $74,000 for a comparable model. The HD ZR2 trucks will be offered exclusively in the 2500 four-door crew cab configuration.

☆ 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.

☆ The Lamborghini Revuelto is a 1,001 horsepower hybrid supercar flagship
▼ + stars: | 2023-03-29 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +5 min

The Lamborghini Revuelto is a plug-in hybrid and, while it still has a V12 gasoline engine, it also has three electric motors. The new V12 engine is also slightly lighter – by 37.5 pounds – than the engine in the Aventador supercar it’s replacing. Lamborghini has not yet announced the price of the Revuelto but all these new plug-in hybrid models will cost significantly more than the models they replace, Winkelmann said. Still, the sharing of parts and production lines will do little to offset the increased cost of the shift to plugin hybrid power, he said. Given current battery technology, an electric Lamborghini supercar just isn’t possible, Winkelmann has said, because the batteries are simply too heavy.

☆ 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.

☆ Dodge says goodbye to gas-powered muscle cars with a $96,666 Challenger boasting outrageous horsepower and 'horrible' fuel economy
▼ + stars: | 2023-03-21 | by ( Tim Levin | ) www.businessinsider.com time to read: +3 min

The 2023 Dodge Challenger SRT Demon 170. The 2023 Dodge Challenger SRT Demon 170. The 2023 Dodge Challenger SRT Demon 170. The 2023 Dodge Challenger SRT Demon 170. The 2023 Dodge Challenger SRT Demon 170.

☆ Dodge resurrects controversial Challenger SRT Demon for final year of V8 muscle cars
▼ + stars: | 2023-03-20 | by ( Michael Wayland | ) www.cnbc.com time to read: +1 min

DETROIT — Dodge is resurrecting its controversial muscle car model, the Challenger SRT Demon, as a final special edition of the vehicle before production of the brand's current V8 engine cars ends later this year. The limited-edition drag racing car will be the fastest, most powerful version of the Dodge Challenger ever produced by the automaker. It builds upon a 2018 Challenger SRT Demon model that some criticized for being too powerful and barely street legal. Dodge says the new car will deliver 1,025 horsepower and 945 foot-pounds of torque on E85 ethanol blend fuel. The 2023 Dodge Challenger SRT Demon 170 will start at the diabolically evocative price of $96,666 — the last three figures are a reference to the devil — but it can top $120,000 or more with fees, options and accessories, according to Dodge.

☆ Meet some of the 'hot rodders' making classic gas-powered cars run on electric motors and batteries — see their coolest conversions
▼ + stars: | 2023-03-19 | by ( Alexa St. John | ) www.businessinsider.com time to read: +7 min

"We're seeing that more and more, as the next generation of hot rodders come up, that they do want to do an EV conversion. 1974 BMW 2002 5-Speed electric conversion Bring a TrailerThe proof? Gadget, who was featured in the "Revenge of the Electric Car" documentary, starts by taking batteries out of crashed Teslas. "You'll see electric cars actually beat gasoline cars with the same horsepower out of the gate, but when they're absolutely quiet, you'll lose some people," Drewry said. 1966 VW Bus 21 Window with a Netgain Hyper 9 motor and EV West’s bolt-in “6 pack” Tesla battery EV WestFor Bream, it's actually about prolonging legacy.

☆ A Tesla SUV drag raced 2 $500,000 supercars from Ferrari and Lamborghini — the results were too close to call
▼ + stars: | 2023-03-13 | by ( Tim Levin | ) www.businessinsider.com time to read: +2 min

A Tesla Model X raced against a Ferrari SF90 Stradale and Lamborghini Aventador SVJ. The Tesla won one race and was extremely close to the Ferrari across the board. The Model X Plaid has 1,020 horsepower but costs less than a quarter of the Italian supercars. Online car-buying marketplace CarWow proved as much in a recent YouTube video pitting the Tesla Model X, Ferrari SF90 Stradale, and Lamborghini Aventador SVJ against each other in a series of quarter-mile drag races. The super-sporty Model X Plaid that CarWow chose for the stunt costs $109,990 in the US.

☆ 2024 Ferrari Purosangue: A Touring Wagon That Howls
▼ + stars: | 2023-03-10 | by ( Dan Neil | ) www.wsj.com time to read: +1 min

GOOD SPORT The Purosangue’s front-mid-mounted V12 typically sends torque only to the eight-speed, dual-clutch rear transaxle, ensuring a super-sporty, rear-drive character. The AWD comes by way of a power takeoff and two-speed gearbox that transfers torque to the front predictively when the dynamic controls sense slip at the rear. IN ITS WISDOM, Ferrari staged the global press launch for the new Purosangue AWD wagon in February, in the Dolomites, near Madonna di Campiglio in northern Italy. Unfortunately, the region’s mild winter meant that scenic, snow-covered mountain trails were in short supply. While I waited my turn, visions of tree-slapping the six-figure, 12-cylinder Purosangue raced through my mind.

☆ 2023 Ford Maverick Lariat Tremor: A Nice Work Truck, if You Can Get It
▼ + stars: | 2023-02-24 | by ( Dan Neil | ) www.wsj.com time to read: +1 min

SMALL WONDER The 2023 Ford Maverick Lariat Tremor is a trail-capable version of the company’s compact pickup, with a sophisticated AWD system, a torque-vectoring rear differential and 30-inch all-terrain tires. THE FEW DAYS I spent in the company of Ford ’s new Maverick Lariat Tremor compact pickup ($37,465, as tested) left me with questions. Are those “Tremor” graphics on the bedsides an optional delete, I wondered? Second, with respect, why the hell aren’t more of your pickups like the Maverick—affordable, approachable, applicable, and that’s just the As? The Maverick with the Tremor package is a little knucklehead, a daily delight, as perky and over-performing as a Jack Russell Terrier that got into the freeze-dried coffee.

☆ LIV Golf finalizes all 12 team rosters for second season
▼ + stars: | 2023-02-21 | by ( ) www.reuters.com time to read: +3 min

February 21 - LIV Golf announced its 12 rosters of four-players teams for the upstart league's second season Monday night, making official the reported signings of Thomas Pieters, Danny Lee, Dean Burmester and Brendan Steele. 35 in the Official World Golf Ranking as of this week, joined Bubba Watson's team, RangeGoats. Players who finished in the top 24 of the 2022 Invitational Series were guaranteed spots for the 2023 LIV Golf League, according to a press release. "In less than a year, LIV Golf has reinvigorated the professional game and laid the foundation for the sport's future. In 2023, the LIV Golf League comes to life," LIV CEO and commissioner Greg Norman said in a statement.

☆ 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.

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