Chrysler’s recent struggles have been exacerbated by the discontinuation of the 300 sedan and the Pacifica’s budget oriented sibling, the Voyager. Despite being the segment’s top seller, the Pacifica’s sales have declined in recent quarters, and the Voyager’s absence has limited Chrysler’s ability to cater to budget conscious consumers. The automaker’s decision to discontinue the Voyager in favor of higher margin Pacifica models may have been a strategic misstep, especially as the economy continues to face challenges. The Voyager’s discontinuation has left a gap in Chrysler’s lineup, particularly as rising prices and economic uncertainty have made consumers more cautious about…
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SYDNEY (Reuters) – An Australian court upheld an order on Friday for Elon Musk’s X to pay a fine of A$610,500 ($418,000) for failing to cooperate with a regulator’s request for information about anti-child-abuse practices. X had challenged the fine but the Federal Court of Australia ruled it was obliged to respond to a notice from the eSafety Commissioner, an internet safety regulator, seeking information about steps to address child sexual exploitation material on the platform. Musk took X, then called Twitter, private in 2022. But the company had argued it was not bound to respond to the notice in…
The classic Chevrolet Caprice, a timeless symbol of American automotive elegance, is up for grabs at a competitive auction. The owner, who has meticulously maintained the vehicle, assures potential buyers that it is in excellent condition and ready for road trips anywhere in the country. The interior is pristine, and the car is equipped with everything one would expect from a Caprice. With only 18,000 miles on the clock, this Caprice is practically new. It’s a perfect choice for those seeking a classic car to drive on sunny days and preserve its pristine condition. The auction has already generated significant…
The S&P 500 (SNPINDEX: ^GSPC) is widely regarded as the best barometer for the overall U.S. stock market. The index tracks 500 domestic companies that meet specific inclusion requirements concerning market value, profitability, and liquidity.Last month, S&P Global announced that Palantir Technologies (NYSE: PLTR) would be added to the S&P 500 on Sep. 23. Dan Ives at Wedbush Securities called it a “validation moment for the Palantir story.” Shares have advanced 22% since the annoucement, but one analyst still sees huge upside on the horizon.Hilary Kramer, portfolio manager at Greentech Research, recently told Fox Business that Palantir could be a…
The allure of vintage aircraft, especially those with a storied history like the Grumman TBM-3U Avenger, often rivals the appeal of modern hypercars. While the latter may boast cutting edge technology and jaw dropping performance figures, there’s a certain raw charm and character to vintage aircraft that simply cannot be replicated. The Avenger, with its iconic silhouette and powerful Wright R-2600-20 Twin Cyclone radial engine, offers a unique flying experience that transcends mere transportation. The exposed cockpit, the roar of the engine, and the sheer physicality of piloting such a machine create a sense of connection to aviation’s golden age…
A general view of the Port of Kharg Island Oil Terminal in Iran on March 12, 2017.Fatemeh Bahrami | Anadolu Agency | Getty ImagesSatellite imagery revealed a number of oil tankers vacating the waters around Iran’s key Kharg Island oil loading terminal, amid fears of an Israeli counterattack on Tehran’s energy infrastructure.”The National Iranian Tanker Company (NITC) appears to be fearing an imminent attack by Israel. Their empty VLCC supertankers vacated the country’s largest oil terminal, Kharg Island, yesterday,” tracking firm Tanker Trackers wrote in a post on the X social media platform on Thursday evening.Markets have been on edge…
PARIS–(BUSINESS WIRE)–Regulatory News: In accordance with Article 5 of EU Regulation n ° 596/2014 (Market Abuse Regulation), detailed information is available on the website of Tikehau Capital (Paris:TKO): https://www.tikehaucapital.com/fr/shareholders/regulatory-informationName of the issuerIssuer Identity Code (LEI)Trading DayISINAggregated volume per day (number of shares)Weighted average price per dayMarket (MIC Code)TIKEHAU CAPITAL969500BY8TEU16U3SJ9427/09/2024FR00132306123,42224.8917XPARTIKEHAU CAPITAL969500BY8TEU16U3SJ9430/09/2024FR00132306121,24024.3121XPARTIKEHAU CAPITAL969500BY8TEU16U3SJ9401/10/2024FR00132306121,53624.2462XPARTIKEHAU CAPITAL969500BY8TEU16U3SJ9402/10/2024FR00132306122,16624.3714XPARTIKEHAU CAPITAL969500BY8TEU16U3SJ9403/10/2024FR00132306121,36724.2941XPAR TOTAL9,73124.5162 View source version on businesswire.com: https://www.businesswire.com/news/home/20241004499185/en/ Tikehau Capital Source: Tikehau Capital Source link
The year 1971 was a challenging one for car manufacturers that focused on high-performance vehicles. Pontiac experienced this firsthand, as Dodge felt the pressure to downsize its engines to improve fuel efficiency. The Challenger, in particular, suffered a significant decline in sales, dropping from 83,000 units in 1970 to 29,000 in 1971. The V8 engine remained the most popular option, accounting for 27,900 sales, while the convertible and R/T models were less sought after, with only 2,100 and 4,630 units sold, respectively. One of the Challengers produced in 1971 recently appeared on eBay, seeking a new home after spending over…
The 1967 Ford Mustang, despite its redesign, struggled to compete against newer rivals like the Camaro and Firebird. Sales totaled around 472,000 units, with hardtops accounting for the majority. The convertible, though the most expensive at $2,686, was the rarest with only 44,808 units sold. The engine lineup remained largely unchanged, except for the new 390ci engine, which proved popular with over 28,800 orders. 1967 Ford Mustang Project Car Listed on eBay Despite Severe Rust Issues (Ford) A 1967 Mustang recently appeared on eBay, advertised as a restoration project. However, the car’s condition suggests it may be better suited as…
By Pranav Kashyap (Reuters) -European shares inched higher on Friday, supported by regional energy stocks after prices climbed on concerns over a deeper conflict in the Middle East. The pan-European edged 0.2% higher. Still, the index is on track for its worst week since Sept. 2, if losses hold. The index tumbled by nearly 2% this week as investors shied away from making significant bets amid escalating tensions in the Middle East. The only sector to shine was energy, with a 4.5% jump so far this week. The sector is on track for its best weekly performance in nearly six…