Wireless earbud company Nuheara enters voluntary administration

Wireless earbud company Nuheara enters voluntary administration

A Perth-based wireless earbud company, voted one of the best inventions of 2020, has appointed a voluntary administrator. Nuheara announced to the ASX it had been expecting a $2.5 million investment known as a convertible note from audio company Realtek Semiconducter Corporation that did not eventuate. It was also expecting a commercial and royalty agreement … Read more

Honda Dealership Facing Civil Charges For ‘Unfair Or Deceptive’ Sales Tactics

Honda Dealership Facing Civil Charges For ‘Unfair Or Deceptive’ Sales Tactics

A Honda dealership in Bowie, Maryland is facing civil charges after it allegedly engaged in “unfair or deceptive trade practices at nearly every stage” of new vehicle sales, according to Maryland Attorney General Anthony Brown. Take A Lap With Us In Honda’s ‘The Beast’ The July lawsuit from the AG’s office alleges the dealership – … Read more

Lucid Gets An Additional $1.5 Billion From Saudis After Losing $790 Million In Q2

Lucid Gets An Additional .5 Billion From Saudis After Losing 0 Million In Q2

Good morning! It’s Tuesday, August 6, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. It’s Time The Nissan Altima Got Some Respect | Jalopinions 1st Gear: Lucid Gets Another Lifeline Despite Cash … Read more

The Ram 1500 Classic Will Finally Die After 17 Years In Production

The Ram 1500 Classic Will Finally Die After 17 Years In Production

Photo: Ram Ram redesigned its pickup truck for the 2019 model year, which means it’s relatively old at this point. And yet, it’s not the oldest Ram you can still buy new. For whatever reason, Ram just kept selling the old 1500 alongside the new one. The Ram 1500 Classic as it is now known … Read more

Australians warned against heeding financial advice from ‘finfluencers’ as scammers take advantage

Australians warned against heeding financial advice from ‘finfluencers’ as scammers take advantage

Easy to access and engaging, social media is flooded with financial advice. But for a generation turning to the internet, following “finfluencers” — or financial influencers — is proving costly. The Association of Superannuation Funds of Australia has found that trusting financial advice that comes via TikTok, X and Reddit can exacerbate the risks of … Read more

The AI Bubble Is Bursting, And Tesla Is Going To Get Burned

The AI Bubble Is Bursting, And Tesla Is Going To Get Burned

Tesla is a car company, no matter what Elon and his army of Long $TSLA hodlers will tell you. Artificial intelligence, or the fancy machine learning models and response generators often referred to as AI, is proving (at least in the short term) to be an expensive boondoggle aimed at replacing workers with computers. If … Read more

Australians advised to get organised and start thinking about work-related expenses for next year’s tax-return

Australians advised to get organised and start thinking about work-related expenses for next year’s tax-return

While it may be far too early for some people to even think about next year’s tax return, it might be in your best interest to do so, an ATO top dog says. Australian Taxation Office assistant commissioner Rob Thomson has encouraged taxpayers to get organised early and start thinking about what work-related expenses they … Read more

Dead: The Mitsubishi Mirage

Dead: The Mitsubishi Mirage

Image: Mitsubishi The small, cheap new car market has just been dealt a massive blow. The Mitsubishi Mirage, one of the cheapest new cars on the market, will be discontinued. My First Car: Danielle Moné Truitt’s ‘Blue Magic’ Mitsubishi Mirage A Mitsubishi spokesperson confirmed the news to Car & Driver. They confirmed that both the … Read more

To unlock full potential of Finance & IT Arms, Mahindra & Mahindra to rev up services business

To unlock full potential of Finance & IT Arms, Mahindra & Mahindra to rev up services business

The auto to tractor major is closely watching its services contribution, which now accounts for 30-40 percent of the group’s profitability. With a five-fold growth in the services portfolio and unlocking the full potential in Mahindra Finance and Tech Mahindra, the share of the profits from non-auto and farm businesses would go up over the … Read more