General Motors has maintained a slight advantage in the US automotive market through the first three quarters of the year, closely followed by Toyota and Ford. While GM has delivered a total of 1,949,920 vehicles, Toyota has sold 1,729,519, and Ford has delivered 1,548,172, representing a 2.7% increase from the same period last year. GM’s dominance is particularly evident in the full size pickup truck and SUV segments, where its Chevrolet Silverado and GMC Sierra, as well as its Chevrolet Tahoe, Suburban, GMC Yukons, and Cadillac Escalade, continue to outsell their competitors. However, Ford’s F-Series remains a formidable force, having…
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Here’s how to make the relationship between a VC and its strategic corporate LPs one that benefits both sides. It take two to tango: VCs give their corporate LPs a lot of hands-on attention but demand a lot in return Corporates that view investing in startups through an external VC fund as a passive, hands-off experience should think again. A growing number of venture capital firms specialise in taking on corporations as strategic limited partner (LP) investors in their funds. And those VCs expect their corporate LPs to play an active role in engaging with the VC team, the portfolio…
Image source: Getty Images Even though the UK stock market has done well so far this year, it doesn’t mean every UK stock has. Some companies have really struggled in 2024 and the damage might not be done yet. I need to be careful not to get drawn into some ideas that at first might appear to be good value purchases. Here are two that are on my list to stay well away from. Lacking a unique angle The first is CAB Payments (LSE:CABP). The stock is down 45% over the past year, after a large crash hit the share…
A significant advancement in solar powered aviation has been achieved with the recent successful test flight of the Horus A drone. Developed by AeroVironment, this military-grade aircraft is a modified version of the civilian Sunglider, a high altitude pseudo satellite (HAPS) designed to provide wireless communication services. Powered exclusively by solar energy, the Horus A has demonstrated remarkable capabilities, including extended endurance, a substantial payload capacity, and cutting-edge communication technologies. Horus A Solar Drone Revolutionizes Aviation with High Endurance and Advanced Tech (AeroVironment) The Horus A’s impressive performance is a testament to the potential of solar-powered flight. Its ability to…
The price of gold was trading at $2,642.77 per ounce as of 9 a.m. Eastern time today. That’s a +0.96% change from the same time yesterday and a +41.42% change from a year ago. Gold price per ounce% ChangePrice of gold yesterday$2,617.57+0.96%Price of gold 1 month ago$2,507.52+5.39%Price of gold 1 year ago$1,868.77+41.42%Price of gold yesterday$2,617.57+0.96%Price of gold 1 month ago$2,507.52+5.39%Price of gold 1 year ago$1,868.77+41.42% Gold is an asset that many like to own for inflation protection. Rising prices tend to erode the purchasing power of a currency like the U.S. dollar while gold generally increases in value over the…
The US automotive market has experienced a notable shift in the first three quarters of the year. While General Motors has maintained a narrow lead over its rivals, Toyota and Ford, its sales have begun to decelerate. In contrast, both Toyota and Ford have demonstrated growth, with Toyota experiencing a particularly significant surge. A more pronounced shift is evident in the passenger car segment. GM’s sales in this category have declined, especially for the Camaro, which has seen a dramatic drop. The Corvette, although successful in its own right, occupies a distinct market niche and does not directly compete with…
Tesla (TSLA) stock fell during morning trading on Friday, after its highly-anticipated robotaxi reveal failed to impress investors.The electric vehicle maker’s shares were down around 7.5% on Friday morning after being down about 6% during pre-market trading. Its shares closed down almost 1% Thursday before the event.Tesla chief executive Elon Musk unveiled the company’s Cybercab self-driving car prototype on Thursday night. The robotaxi is expected to be the EV maker’s first car that is capable of autonomous driving. While Tesla offers driving assistance software for self-driving, the vehicles still require a driver.Tesla expects the Cybercab to eventually be available for…
Image source: Getty Images One way I seek to benefit from having a Stocks and Shares ISA is by earning passive income. Thanks to dividends from shares, I can build a second income even without having to work for it. Doing that does not necessarily require tying up a lot of funds. If I had a spare £9,000 now I would happily put it into an ISA and use it to build a second income. Here is how. 1. Getting ready to invest My first move would be to find the Stocks and Shares ISA that suited my own needs…
A remarkable achievement, a Hyundai Elantra has reached the one millionkilometer milestone, equivalent to over 621,000 miles. Despite its extensive mileage, the car remains in remarkable condition. Hyundai Canada, recognizing this feat, decided to give the Elantra a new lease on life. The fourth generation Elantra, sold in 2008, was donated to a Canadian TV show, “Roulez au Suivant.” With the car came 100 parts, providing the show’s team with ample materials for a complete restoration. Under the guidance of automotive expert Antoine Joubert, the Elantra transformed. Hyundai Elantra Hits 1 Million Kilometers: Restored and Gifted to Teen After Major…
BEIRUT (Reuters) – Most Palestinian refugees living in camps in southern Lebanon or near Beirut have fled following escalating Israeli strikes, the head of the United Nations agency on Palestine refugees said on Friday, drawing parallels with mass displacement in Gaza. UNRWA chief Philippe Lazzarini told Reuters that the agency continued to provide services to the most vulnerable left behind – and that repeatedly fleeing was sadly “part of the history” of Palestinians. “Now, that’s part, unfortunately, of the plight, but if you compare with what happened also in Gaza recently, you might have heard me describing how people are…