The week has been a whirlwind for automotive enthusiasts, with a flurry of exciting new vehicle announcements. Passenger car fans were thrilled by the revealing of the 2025 Toyota GR Corolla, a revamped version of the popular hot hatchback that now features design tweaks, an optional eight speed automatic transmission, and other new features. Pickup truck enthusiasts were equally delighted with the introduction of the 2025 Chevy Silverado, Ford Super Duty, and Raptor lineup. The Silverado received subtle updates, while the Super Duty and Raptor models were showcased at the first Raptor Rally, featuring impressive upgrades and enhancements. 2025 Toyota…
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The recently discovered 1971 NASCAR Dodge Charger is a rare gem among the countless barn finds of the iconic muscle car. While the B-body Charger is a common sight in many garages due to its over 700,000 units produced from 1966 to 1978, this particular race car stands out due to its limited production and significant racing history. Unlike the more common production models, this Charger was specifically designed for NASCAR competition, featuring a reinforced chassis, a powerful Hemi engine, and aerodynamic modifications to enhance performance on the track. This unique vehicle was a product of Petty Enterprises, a legendary…
Image source: Getty Images Rolls-Royce‘s (LSE:RR.) earnings have rocketed since the depths of the pandemic, driving the value of its shares skywards. At 526p, the FTSE 100 engineer’s share price has grown almost 290% in the past three years alone. If City forecasts are correct, profits are tipped to continue rising strongly over the next few years at least, too. This could lay the foundations for further significant share price growth. The big question, of course, is how realistic these profits estimates are. It’s not unusual for corporate earnings to significantly beat or fall short of what analysts are predicting.…
There’s no doubt about it: Rivian (NASDAQ: RIVN) stock has massive long-term upside potential. Its current market cap is just $13 billion — $800 billion less than its biggest competitor in the electric vehicle (EV) space, Tesla. With new mass-market models on the way, we could see Rivian’s valuation soar over the coming years. But how have the shares performed since the company went public roughly three years ago?High hopes for an upstart EV makerRivian held its initial public offering (IPO) on Nov. 9, 2021, with a price of $78 per share, and closed that first trading day at just…
The Liberty Lifter program, a recent initiative by the Defense Advanced Research Projects Agency (DARPA), aims to develop a ground effect airplane capable of transporting military equipment and personnel to remote, water surrounded locations. This innovative aircraft, leveraging the principle of ground effect to achieve high speeds and reduced drag, is designed to carry a payload of over 220,000 pounds, surpassing the capacity of the C-17 Globemaster III. By operating at low altitudes over water, the Liberty Lifter can exploit the aerodynamic benefits of ground effect, resulting in increased lift and reduced fuel consumption. This enables the aircraft to achieve…
By Nelson Bocanegra BOGOTA (Reuters) – Colombia’s 12-month inflation is forecast to continue decelerating in September, despite the impact of a truckers’ strike, according to a Reuters poll on Wednesday, while expectations for this year remain stable. According to the median forecast from 20 analysts, Colombia’s 12-month inflation will reach 5.83% through September, lower than the 6.12% reported through the end of August, but still way above the central bank’s long-term target of 3%. If the median forecast is met, consumer prices will rise 0.26% in September, similar to the 0.25% in the same month last year, but higher than…
The 2025 Toyota GR Corolla has finally arrived in the US market, but it comes with a price tag that’s slightly higher than its predecessor. The base Core model starts at $38,860, while the Premium and Premium Plus trims are priced at $41,440 and $45,515 respectively. The all-new automatic transmission is available as an option for $2,000, raising the starting prices to $40,860, $43,440, and $47,515. Compared to the 2024 model, the 2025 GR Corolla is more expensive across all trims. The Core model is $2,360 more expensive, while the Premium and Premium Plus trims are $4,940 and $375 more…
Skoda revealed its latest electric crossover, the Elroq, on October 1. The new model, positioned below the Enyaq in the automaker’s electric lineup, is anticipated to feature a modern design language that emphasizes robustness and functionality. With a range of up to 348 miles and a top speed of 296 horsepower, the Elroq is poised to make a significant impact in the electric vehicle market. The Elroq will be available in four trim levels: 50, 60, 85, and 85x. The 85 and 85x models will feature a 77 kWh battery pack that supports charging speeds up to 175 kW, enabling…
MANILA (Reuters) – The Philippines will impose a 12% value-added tax (VAT) on digital services offered by tech giants such as Amazon (NASDAQ:), Netflix (NASDAQ:), Disney, and Alphabet (NASDAQ:), in a move that will level the playing field with domestic brick and mortar players, the internal revenue agency said on Thursday. President Ferdinand Marcos Jr signed into law on Wednesday the imposition of VAT on non-resident digital service providers such as streaming services and online search engines. “This will promote fair competition amongst businesses that are profiting from consumers here in the Philippines. A level playing field produces better products…
The Ford Explorer Hybrid, introduced in 2020, is facing another safety recall. Ford has determined that a cable issue could lead to a short circuit, potentially causing a check engine light and difficulties starting the vehicle. This issue is due to a positive cable from the 12-volt battery that may chafe against the belt-integrated starter generator. To address this problem, dealers will be installing a tie strap to secure the cable and prevent chafing. Owners can check if their vehicles are affected by the recall through Ford’s or the NHTSA’s recall portals. Simply enter the 17-character VIN of their vehicle…