The early 1970s marked a period of significant transformation for the Duster, beginning with the 1970 model year, which adopted many features, including engine options, from its sibling, the Valiant. This strategy continued until 1971 when the Duster emerged as a separate series, shedding the Valiant name. This transition heralded a series of refinements culminating in a major redesign in 1973, which also introduced bulky, mandatory bumpers. The 1974 model year saw the replacement of the 340ci unit with a 360 V8. One such Duster, a 1973 model year, is currently available for purchase on eBay. The VIN indicates that…
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Image source: Getty Images Keeping an eye on Wall Street’s best hedge funds is always worthwhile. These elite money managers have built fortunes through a keen ability to identify top value stocks in the market. One buying trend among some hedge funds recently has been China stocks. For example, billionaire David Tepper, founder of Appaloosa Management, has built up massive stakes in cheap stocks like Alibaba, JD.com, and Baidu (NASDAQ: BIDU) in recent quarters. Meanwhile, Michael Burry, the investor famously portrayed by Christian Bale in the film The Big Short, had almost 46% of his fund in those three Chinese…
The 1969 Dodge Charger, a legendary muscle car, is often associated with the iconic General Lee, but its Daytona variant is equally impressive. Known for its exceptional speed, the Daytona initially featured a 440ci big block engine. However, a limited number of customers sought even more power, opting for the legendary 426 Hemi. One particularly rare Daytona, believed to be modified by a dealer, reportedly received a 440ci engine rated at 390 horsepower. Beyond the Daytona, the Charger offered a diverse range of engine options, including a six cylinder 225ci unit. While the slant six was less popular, the V8…
By Maya Gebeily, Laila Bassam and Muhammad Al Gebaly BEIRUT (Reuters) -A Palestinian militant group said on Monday that three of its leaders were killed in an Israeli strike on Beirut, the first attack within city limits as Israel escalated hostilities against Iran’s allies in the region. The Popular Front for the Liberation of Palestine (PFLP) said the three leaders were killed in a strike that targeted Beirut’s Kola district. The strike hit the upper floor of an apartment building in the Kola district of Lebanon’s capital, Reuters witnesses said. There was no immediate comment from Israel’s military. Israel’s increasing…
The House of the Trident has issued a recall for the 2024 GranTurismo and GranCabrio models due to a software error in their body control modules. This error can cause the fuel gauge to display an inaccurate fuel level, potentially leading to stalling at high speeds and increasing the risk of accidents. The affected vehicles, produced between November 2022 and July 2024, include both coupes and convertibles. The recall affects a total of 524 vehicles, including 70 GranCabrio and 454 GranTurismo models. All affected vehicles are equipped with Maserati’s 3.0-liter Nettuno twin-turbo V6 engine, a ZF torque-converter automatic transmission, all-wheel…
A man walks past a housing complex by Chinese property developer Evergrande in Guangzhou, China’s southern Guangdong province on September 17, 2021.Noel Celis | Afp | Getty ImagesShares of Chinese property developers rallied on Monday after major cities in mainland China unveiled easing measures to boost homebuyer sentiment, following the central bank’s blitz of policy stimulus.The Guangzhou city government said in a notice on Sunday that all restrictions on home purchases would be removed, effective from Monday. Previously, migrant families were required to pay taxes or social insurance for at least six months in order to purchase up to two…
The Nissan GT-R, a legendary performance car that has fascinated enthusiasts for over a decade, is facing an uncertain future. The current R35 generation, introduced in 2007, is nearing its end, with Nissan hinting at its discontinuation. The recent introduction of the limited-edition T-spec Takumi and Skyline Editions, priced significantly higher than previous models, further suggests that the R35’s days are numbered. Several factors are contributing to the R35’s demise. The most pressing issue is the increasing pressure to meet stringent emissions regulations. While the GT-R’s powerful engine has been a hallmark of its performance, it has also proven challenging…
Image source: Getty Images Scottish Mortgage Investment Trust (LSE: SMT) aims to invest in the world’s best growth shares. These come in different forms, from established businesses to newer enterprises making waves somewhere in the world. A few days ago, the trust revealed its newest portfolio holdings — and they’re certainly very different companies. One originated in Paris in 1837, while the other was founded in 2013 in Brazil. Here’s the lowdown on these latest moves. Iconic luxury goods The first new addition is Hermès International, the French luxury brand known for its silk scarves and leather goods like the Birkin…
(Bloomberg) — Nio Inc. jumped the most in nearly five months Monday after unveiling a cash injection worth 13.3 billion yuan ($1.9 billion) from existing shareholders.Most Read from BloombergThe Singapore-listed shares of the loss-making Chinese electric vehicle maker gained almost 16% on the financial reinforcement of its China unit through a mix of its own cash and strategic investors’ funds.A group of strategic investors – including Hefei Jianheng New Energy Automobile Investment Fund Partnership, Anhui Provincial Emerging Industry Investment Co., and CS Capital Co. — has definitive agreements to invest 3.3 billion yuan in cash for newly issued shares of…
The recent rumors about Ford’s reluctance to let go of the V8 Mustang are hardly surprising, especially given the current world of American pony cars. With the Chevrolet Camaro, Dodge Charger, and Challenger all facing uncertain futures, the Mustang stands alone as a true icon. Ford’s commitment to the Mustang is further solidified by its decision to discontinue other passenger cars like the Ford GT. This leaves the Mustang as the sole survivor in a dwindling segment, making it a tempting target for those seeking to challenge Ford’s dominance. However, despite the Mustang’s iconic status, it is not without its…