American automotive safety laws and regulations have kept many fast and exciting cars from being sold in the country. For instance, the “chicken tax” prevents Toyota from selling the Hilux pickup in the U.S., and the American preference for larger SUVs over wagons and small hatchbacks means some cool cars just aren’t financially practical to sell here. Additionally, strict emission rules, along with specific crash tests and safety standards, make it difficult for certain low-volume brands to bring their hypercars to the U.S. With that in mind, we’ve put together a list of high-performance wagons, sports cars, crossovers, and hatchbacks…
Author: user
Manual transmissions are becoming less common. According to J.D. Power, 90% of vehicles on American roads had automatic gearboxes in 2023, and there are only 25 cars in the U.S. that still offer a manual option. With some models like the Porsche Cayman and Boxster set to go electric soon, fans of manual driving may find their choices dwindling. However, there are still exciting performance cars available that come with traditional internal combustion engines and manual transmissions; you just need to know where to look. Manual gearboxes have been a key feature in some of the best-performance cars throughout the…
Investing.com — Third-quarter earnings downgrades have been significant across major regions, with persistent cuts in both the U.S. and Eurozone, JPMorgan strategists said, reflecting growing concerns about slowing topline growth and macro uncertainty. In a note published Monday, the Wall Street firm said the earnings outlook for companies has been substantially lowered. It notes that “the hurdle rate has come down for Q3, suggesting the bar for surprises is lower.” However, even with this reduced hurdle, the overall expectation for year-over-year EPS growth in Q3 has been cut from 8% a few months ago to just 4%. Particularly noteworthy is…
ZURICH (Reuters) -UBS is offloading part of the Credit Suisse business it acquired last year with a deal to sell the fallen bank’s 50% stake in credit card provider Swisscard. UBS will sell its 50% holding in the company to its joint venture partner American Express (NYSE:), Swisscard said in a statement. Terms of the deal were not disclosed. After the deal, Amex will become the sole owner of Swisscard, with Credit Suisse customers transferring to the existing UBS credit card platform. Swisscard said it would continue to issue all other cards it issues under the American Express, Mastercard (NYSE:)…
A special piece of Hollywood history is now available for car collectors. A 1989 Mercedes-Benz 300TE wagon, once owned by the legendary Shirley Temple, is up for auction on Bring a Trailer. At first glance, this 300TE might seem like an ordinary classic car, but its connection to one of the most famous child stars of all time makes it something truly special. 1989 Mercedes Up For Auction (Via Mercedes) The History Behind the Car The Mercedes-Benz 300TE belongs to the W124 family, which was introduced in 1985 as an executive car, known for its style, luxury, and practicality. The…
Steps to bolster the economy have set off a stock buying frenzy. Our columnist spoke to Chinese investors about why they are jumping in knowing the risks. Source link
Mopar is gearing up for SEMA 2024 with an exciting new electric muscle car project. They recently released a teaser video, giving us a glimpse of what’s to come. The project is a nod to the golden age of American muscle cars from the 1960s but with a modern, electrified twist. (Via Mopar) Mopar has already teased a Ram electric concept truck, but this latest teaser points to something truly special – a revived and electrified version of the classic 1967 Plymouth Belvedere GTX. The teaser video shows an intriguing mix of old and new. The electric car starts with…
Image source: Getty Images While there are a lot of growth stocks in the FTSE 250, the index is also home to some terrific-income-focused opportunities. For example, Safestore Holding (LSE:SAFE) has been quietly hiking shareholder payouts for almost 15 years in a row by an average of 14.3% each time. The self-storage operator doesn’t currently offer the most explosive yield. After all, a payout of 3.5% is pretty much on par with the FTSE 100 right now. But, providing the firm continues its track record of expanding shareholder payouts, that might change significantly in the long run. And with a…
By Alexander Marrow(Reuters) – Investors in Amsterdam-based Nebius Group expect volatile trading on Monday when the AI infrastructure firm’s Nasdaq listing, formerly held by Yandex, often dubbed “Russia’s Google”, is revived following a lengthy suspension.Trading was suspended soon after Russia’s February 2022 invasion of Ukraine, when the stock traded under Yandex’s ticker through its Amsterdam-based parent company. In July, Nebius emerged following a $5.4 billion deal to split Yandex’s Russian and international assets.Yandex once reached a market capitalisation of more than $30 billion, but with revenue-generating businesses in online search, advertising and ride-hailing siphoned off in Russia, Nebius, which targets…
Restomods are a great way to bring classic car designs back to life with modern technology, and S Klub has done exactly that with one of the most beautiful sports cars ever—the Mercedes-Benz 300SL Gullwing. In a recent video by Shawn Davies from the Autopia LA YouTube channel, we get a closer look at a remarkable 300SL Gullwing restomod powered by an AMG engine and worth over $1 million. It’s a stunning blend of vintage style and modern performance. Mercedes-Benz 300SL Gullwin (Via Mercedes) Why S Klub’s 300SL Gullwing Restomod Costs Over $1 Million S Klub is known for building…