[ad_1] Hyundai Motor America has issued a recall for a small number of its recently refreshed Tucson SUVs due to a technical oversight. The affected vehicles were manufactured between June 7 and July 30, 2024, and were shipped without the necessary glovebox airbag warning label, which is a violation of federal safety regulations. The South Korean automaker discovered the issue in August and promptly launched an investigation. It was determined that a limited number of 2025 Tucson models were built without the required label. Hyundai has notified owners of the recall and will be providing replacement labels. Dealers will also…
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[ad_1] What’s Going On With Stellantis Stock Monday?Stellantis NV (NYSE:STLA) stock is plunging Monday after it revised its fiscal 2024 guidance to reflect its remediation actions on North American performance issues and deterioration in global industry dynamics. Auto rivals, including General Motors Co (NYSE:GM) and Ford Motor Co (NYSE:F), are trading lower in sympathy with Stellantis.The company projects a fiscal 2024 adjusted operating margin of 5.5%—7.0%, down from its prior double-digit growth expectations.It now expects fiscal 2024 industrial free cash flow of negative 5 billion euros—negative 10 billion euros versus the prior positive cash flow expectations.The automotive company targets 330,000 units of…
[ad_1] Image source: Getty Images Aston Martin (LSE: AML) stock was sticking out like a sore thumb in the FTSE 250 today (30 September). It fell by as much as 27%! As I write, it’s started to tentatively rise, narrowing the decline to ‘just’ 22%. Nevertheless, this is turning out to be (another) bad day for long-suffering shareholders. The stock is down 89% in five years. Are Aston Martin shares now in bargain-basement territory? And if so, should I buy them? Why has the stock tanked? Today’s sell-off was sparked by an unexpected profit warning from the luxury carmaker. In…
[ad_1] Hyundai’s next generation Nexo fuel cell SUV has been captured undergoing rigorous testing in Europe. The vehicle, which made its debut in South Korea in April 2024, showcases a more robust and angular design compared to its predecessor. Codenamed NH2 and FE PE, the new Nexo is anticipated to make its official debut in the first half of 2025. Initially conceived as a facelift for the current Nexo, Hyundai opted to introduce a completely new generation instead, driven by advancements in fuel cell technology. The new Nexo is believed to be underpinned by a revised version of the existing…
[ad_1] Awards recognize companies driving fintech innovation forward SIOUX FALLS, S.D.–(BUSINESS WIRE)–Pathward Financial, Inc. (Nasdaq: CASH) through its subsidiary, Pathward ®, N.A. (Bank or Pathward), announced the Bank’s Partner Solutions line of business won the 2024 Finovate Award for Best Banking as a Service Provider. According to Finovate, its awards recognize the companies driving fintech innovation forward and the individuals bringing new ideas to life. Pathward’s Partner Solutions team is honored to be recognized by Finovate. We have an incredible team, and it’s rewarding to earn national recognition as the Best Banking as a Service Provider, said Pathward’s Divisional President…
[ad_1] Despite the slowdown in EV sales, the luxury segment remains a bright spot, particularly for brands like Rolls-Royce. The Spectre, their first electric model, has been a hit among the ultra-wealthy. Even as European EV sales plummeted 44% in August, Rolls-Royce has maintained steady production, catering to the exclusive demands of their clientele. The Spectre’s high visibility in the aftermarket and digital realms has further boosted its appeal. Customizers and tuners have showcased their creativity, transforming the car into even more opulent and personalized vehicles. Meanwhile, digital artists have explored the boundaries of virtual customization, envisioning futuristic and fantastical…
[ad_1] Default: The Landmark Court Battle over Argentina’s $100 Billion Debt Restructuring. 2024. Gregory Makoff. University of Georgetown Press. In his autobiography, preeminent financier William R. Rhodes notes a phrase inscribed on the gold Cross pen used by Nicaraguan authorities to sign off on their 1980s debt restructuring with private creditors: “Firmar me harás. Pagar jamás.” The phrase translates to “You can make me sign, but you’ll never make me pay” — a prescient warning that proved true. Gregory Makoff continues in the tradition of Rhodes with his book Default: The Landmark Court Battle over Argentina’s $100 Billion Debt Restructuring.…
[ad_1] The custom motorcycle scene has seen a surge in R series BMW-based projects, but this R 100 scrambler from Cafe Racer Dreams (CRD) stands out. Hailing from Spain and celebrating its 121st completed project, CRD has earned a reputation for excellence under the leadership of Pedro Garcia. Their expertise in classic BMW airheads is evident in this meticulously crafted 1982 R 100, which was transformed into a stunning scrambler in just four weeks. The transformation involved a complete overhaul of the bike’s chassis. The stock subframe was replaced with a custom-built unit, crafted in-house to accommodate the new design.…
[ad_1] Image source: Getty Images To earn long-term passive income, we need to look for a stock with a high dividend yield, right? Well, a high yield means more income. But no dividend is guaranteed, so we need to take care. For example, earlier this year the forecast Burberry Group dividend was up at 7%. But my Motley Fool colleague Stephen Wright wrote that “it would be a brave investor who banks on that being sustained if things don’t look up for the underlying business“. A few days later, the company posted an update saying that “we have decided to…
[ad_1] The 2025 Ford Mustang GTD, the pinnacle of the storied Mustang series, is a high-performance beast that comes with a hefty price tag. While it offers unparalleled power and speed, its $325k price point raises eyebrows, especially considering the more affordable options within the Mustang lineup. The Mustang EcoBoost Fastback starts at a mere $32k, the 5.0-liter Coyote V8-equipped Mustang GT at $45,460, and even the high-performance Dark Horse Premium at just over $68k. Moreover, the aftermarket tuning scene offers numerous options to boost the power of the 2024 Mustang, with renowned outlets like Shelby American and Hennessey Performance…