marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
cars
01/05/2024
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By Kevin Hughes
Chinese electric car manufacturer BYD OVERTAKES Tesla as world’s top seller of EVs
Chinese electric vehicle manufacturer Build Your Dreams (BYD) has surpassed Elon Musk’s Tesla as the world’s top seller of EVs. BYD, which has been supported by the American investment billionaire Warren Buffett since 2008, has defeated Tesla’s production for the second straight year. BYD announced that it made 3.02 new EVs in 2023. Meanwhile, Tesla recently announced […]
01/03/2024
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By Zoey Sky
Only half of Ford dealers agreed to sell electric vehicles in 2024
Ford has announced that only half of all 1,550 Ford dealers have agreed to sell electric vehicles in 2024. The figure has gone down from two-thirds who in 2022 said they would sell electric cars in 2023. The other half of Ford dealers will sell and service internal combustion engine (ICE) and hybrid models. According to Ford spokesman […]
11/07/2023
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By Laura Harris
FreedomWorks economist predicts EVs will be the auto industry’s “NEXT BIG FLOP”
Stephen Moore, a senior economist at FreedomWorks and former senior economic adviser to former President Donald Trump, has predicted that America’s electric vehicle (EV) market will be the auto industry’s “next big flop.” In an interview on Fox News’s Varney & Co. program and an op-ed in the Daily Caller, Moore drew a parallel connection between the Ford Edsel, which was […]
10/31/2023
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By Kevin Hughes
United Auto Workers end strike after reaching tentative agreements with Ford, Stellantis, General Motors
The United Auto Workers union has reached tentative deals with the United States’ Big Three automakers Ford, Stellantis and General Motors, securing massive wage increases, better benefits and a right to strike whenever the companies announce future plant closures. Ford was the first of the Big Three dominoes to fall, after it reached a tentative […]
10/09/2023
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By Richard Brown
HAZARDOUS AIRBAG: General Motors faces recall of 20 million vehicles
General Motors (GM) is facing the grim possibility of recalling approximately 20 million vehicles equipped with a potentially hazardous airbag component, according to the Wall Street Journal (WSJ). Government authorities have urged for these vehicles to be recalled to prevent further harm or fatalities. This development places GM among the companies most affected by the U.S. […]
09/27/2023
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By Laura Harris
Canada and Japan sign electric vehicle battery supply chain agreement to strengthen their position in the EV market
Canada and Japan have inked an electric vehicle battery supply chain agreement to strengthen the former’s position in the EV battery sector while helping the latter secure better access to lucrative American EV subsidies for its automakers. The deal was finalized during a state visit of Japanese Minister of Economy, Trade and Industry Yasutoshi Nishimura, […]
09/15/2023
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By Zoey Sky
3 Suspicious narratives behind the big push toward electric vehicles
If the average American household switched to electric vehicles (EVs), the additional electricity consumption per household would be equivalent to 25 refrigerators. But if EVs use up this much energy, why are manufacturers and the government still urging the public to switch to electric cars? Rep. Thomas Massie (R-KY), himself an electrical engineer, revealed this information while […]
09/06/2023
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By Laura Harris
EV COLLAPSE: Car dealerships are now rejecting EV deliveries due to low sales
Car dealerships are now rejecting further deliveries of electric vehicles (EVs) due to low sales. But despite this, EV manufacturers are continuing to scale up their production. According to Scott Kunes, the COO of Kunes Auto and RV Group, they have turned away additional EV inventory to ensure a healthy turnover rate. Other dealers are sharing the […]
07/17/2023
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By Belle Carter
Car insurance rates hit highest levels in 30 years due to more accidents, higher repair costs, bigger medical bills and increased litigation
Rates of car insurance have hit highest levels in the past 30 years as cost of claims soared since the pandemic, due to more accidents, higher repair costs, bigger medical bills and increased litigation. The Wall Street Journal reported that many insurers have experienced significant losses over the last few years, which only means that premiums will continue to rise. “Rates […]
07/14/2023
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By Ethan Huff
Nobody is buying electric cars, but automakers continue to manufacture them in accordance with “green” agenda
The automobile industry in the United States is rapidly declining thanks to the government’s “green” energy and electric vehicle (EV) push. In 2023 alone, Ford is slated to lose $3 billion on electric cars, which very few people want to buy. EVs are piling up on both new and used car lots because most Americans […]
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