Day: June 16, 2021

Chicago Man Killed When Car Hit By Tractor

By Betty C. Morrow 1 month ago

Lots of the modifications occurring within the automotive market immediately, together with tightened credit markets in a capital-intensive business and elevated government involvement are the newest international challenges. In 1892, German engineer Rudolf Diesel was granted a patent for a “New Rational Combustion Engine”. In 1897, he constructed the first diesel engine 1 Steam-, electrical-, and gasoline-powered automobiles competed for many years, with gasoline internal combustion engines achieving dominance within the 1910s. Although numerous pistonless rotary engine designs have tried to compete with the conventional piston and crankshaft design, solely Mazda ‘s model of the Wankel engine has had greater than very limited success.

Earlier than the contract is drawn up, the finance manager may even possible pitch you extra services. Buying an prolonged warranty at the proper price can present peace of mind. But check first to see how a lot guarantee nonetheless remains on the automobile. Many manufacturers … Read More

Self-driving car pioneer Waymo gets $2.5B to fuel ambitions

By Betty C. Morrow 1 month ago

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FILE – In this April 7, 2021 file photo, a Waymo minivan arrives to pick up passengers for an autonomous vehicle ride, in Mesa, Ariz. Waymo, the self-driving car pioneer spun off from Google, isn’t allowing a recent wave of executive departures to detour its plans to expand its robotic taxi service. The Mountain View, Calif., company made that clear Wednesday, June 16 by announcing it has raised another $2.5 billion from a group of investors ranging from venture capital firms such as Andreessen Horowitz to a major car dealer, AutoNation. (AP Photo/Ross D. Franklin, File)


Ross D. Franklin

AP

MOUNTAIN VIEW, Calif.

Waymo, the self-driving car pioneer spun off from Google, isn’t allowing a recent wave of executive departures to detour its plans to expand its robotic taxi service.

The Mountain View, California, company made that clear Wednesday by announcing it has raised another $2.5 billion from a group

… Read More

Car makers demand smooth trade links ‘closer to home’ after Australia agreement

By Betty C. Morrow 1 month ago

Car makers have called for smooth links “closer to home” following the UK’s free trade deal with Australia.



a person standing next to a car engine: Car makers have called for smooth links ‘closer to home’ following the UK’s free trade deal with Australia (Martin Rickett/PA)


© Martin Rickett
Car makers have called for smooth links ‘closer to home’ following the UK’s free trade deal with Australia (Martin Rickett/PA)

Figures released by the Society of Motor Manufacturers and Traders (SMMT) show the UK sold 20,000 cars to Australia in 2019, compared with 578,000 to the EU.

A Downing Street statement claimed the agreement with Australia means car makers in the Midlands and northern England will see “tariffs of up to 5% cut, boosting demand for their exports”.

SMMT chief executive Mike Hawes said: “Australia is an important growth market and the industry welcomes the agreement in principle of a trade deal between the two countries.

Video: Equinor Targets Renewables Investment by 2030 (Bloomberg)

Equinor Targets Renewables Investment by 2030

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“If tariffs can be

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The ten biggest companies in automotive retailing, services industry

By Betty C. Morrow 1 month ago


4 min read


This story originally appeared on ValueWalk

Automotive retailing and services is a massive industry. Primarily, this industry involves two types of players: those that sell replacement automotive parts and accessories, and those that sell new and used vehicles through dealerships or over the internet. Both types of players are affected by macro economic trends, but the impact of macro factors is less severe on automotive parts retailers. Let’s take a look at the ten biggest companies in the automotive retailing, services space.

Q1 2021 hedge fund letters, conferences and more

Ten Biggest Companies In Automotive Retailing, Services Industry

To rank the ten biggest companies in the automotive retailing, services industry, we have used the revenue figures. Following are the ten biggest companies in the automotive retailing, services industry:

  1. Rush Enterprises ($5,809 million)

Founded in 1965, it is a one-stop solution for the service

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