Right now, the reality for electric vehicles is pretty grim. People are buying EVs, but the growth in sales is cooling. That’s having a ripple effect, from rising EV inventory at dealers to automakers rethinking their EV investments and production plans. Even EV charging companies are taking a hit. Electric Car Charging Still Sucks, But … Read more
Movie posters for “Barbie” and “Oppenheimer” are pictured outside the Cinemark Somerdale 16 and XD in Somerdale, New Jersey, 2023. Hannah Beier | The Washington Post | Getty Images Call 2023 an explosive comeback at the box office. There were blonde bombshells, in “Barbie,” actual bombs, in “Oppenheimer,” and small-budget blockbusters — each of them … Read more
Apple smartwatches ads are displayed as customers take a look at smartwatch accessories at the Apple store in New York, U.S., December 26, 2023. Eduardo Munoz | Reuters Apple will be able to sell the latest Apple Watches after an import ban was temporarily paused by an appeals court on Wednesday, in a major victory … Read more
NEW YORK — Eight years ago, Steven Spielberg predicted that the superhero movie would one day go “the way of the Western.” Spielberg’s comments caused a widespread stir at the time. “Avengers: The Age of Ultron” was then one of the year’s biggest movies. The following year would bring “Captain America: Civil War,” “Deadpool” and … Read more
The ever-evolving electric vehicle landscape and lingering skepticism about going green has forced automakers to get creative with their marketing and sales strategies. Microleasing, according to Bloomberg, is the latest way to get butts in seats. The whole goal is to just get a prospective EV buyer behind the wheel of an EV while they … Read more
Monitors display Coinbase signage during the company’s initial public offering at the Nasdaq MarketSite in New York on April 14, 2021. Michael Nagle | Bloomberg | Getty Images For crypto bulls, the most lucrative bets in 2023 were in the stock market. While bitcoin rallied over 150% for the year, shares of Coinbase, MicroStrategy and … Read more
Consumer advocate Ralph Nader has built his life’s reputation on his fights with corporate America. But it turns out there are some CEOs he actually likes. At least that’s the premise of “The Rebellious CEO: 12 Leaders Who Did It Right,” Nader’s look at executives who he says “stood against the gray crowd” by putting … Read more
Happy Tuesday! It’s December 26, 2023, and this is The Morning Shift — your daily roundup of the top automotive headlines from around the world, all in one place. Here are the important stories you need to know. Ed Begley Jr. On The Past And Present Of Electric Vehicles 1st Gear: 2024 Will Be A … Read more
The country with the highest drunk driving rate in Europe has been sending confiscated cars to Ukraine to help in the war effort against Russia for over a year now and, by Christmas Eve, the country managed to move another 271 cars to frontline fighters, and that’s not all. The Dirtiest Things On An Airplane … Read more
Edward Scott Rock, a Philadelphia used car dealer, was arrested last week by federal authorities on charges of mail and wire fraud. Rock is accused of accepting payments from around 120 buyers across 36 states but failing to deliver a vehicle. Most of the vehicles involved were accessible for seniors, wheelchair users and people with … Read more
