Stellantis Sued By Shareholders Over Godawful Earnings

Stellantis Sued By Shareholders Over Godawful Earnings

Good morning! It’s Friday, August 16, 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. The Property Brothers First Car Literally Spoke To Them 1st Gear: Stellantis Shareholders Sue Over Sucky Earnings Stellantis … Read more

Some EVs Are Depreciating $600 A Day

Some EVs Are Depreciating 0 A Day

Photo: Mercedes-Benz The depreciation of electric vehicles is far steeper than data showed just last year. EVs can now lose up to half their value over a single year, based on recent observations. This is a sharp shift from when electric cars were projected in December 2023 to lose half their value in three years. … Read more

Ford Shows Off Plans For 4-Door, Off-Road Mustangs

Ford Shows Off Plans For 4-Door, Off-Road Mustangs

In Ford’s latest attempt to piss your uncle off, the automaker is expected to significantly expand the Mustang’s lineup with new variants including a four-door coupe and a four-wheel-drive off-roader. Undoubtedly, these new vehicles will be very cool, but for some folks, they will spell the beginning of the end times. Chevrolet Is The Target … Read more

Now Is A Really Good Time To Get A Deal On A Used Car

Now Is A Really Good Time To Get A Deal On A Used Car

Image: Carmax The used car market has been an up-and-down mess since at least 2020, with reduced new car inventory pushing more buyers into pre-owned purchases, which reduced the revolving supply of trade-ins. This perfect storm of pandemic-induced chip-shortage used car inflation appears to finally be subsiding. According to a new report from Edmunds Q2 … Read more

Arizona Dealership Is Out Millions After Allegedly Discriminating Against Latino Customers

Arizona Dealership Is Out Millions After Allegedly Discriminating Against Latino Customers

Image: NurPhoto (Getty Images) An Arizona dealership group is out millions of dollars over what sadly has nearly become normal dealer activity. The dealer is accused of fraud, misleading advertising and worse, being racist. Kia Dealers Dead Last in Customer Satisfaction Survey Phoenix’s NBC 12 reports that after an investigation by Arizona Attorney General Kris … Read more

Melbourne’s mayor has plan to lower energy bills through power of bulk-buying

Melbourne’s mayor has plan to lower energy bills through power of bulk-buying

People under pressure to save on energy have been promised a radical plan by one city’s leader, who says it will slash power bills. Melbourne Lord Mayor Nick Reece has pledged to establish Australia’s largest community-led bulk purchasing program for renewable energy across Melbourne, if he is re-elected. “Australians are desperate for power savings at … Read more

Annastacia Palaszczuk, former Queensland premier, takes board member role with Australia Post

Annastacia Palaszczuk, former Queensland premier, takes board member role with Australia Post

Former Queensland premier Annastacia Palaszczuk has been appointed to the board of Australia Post. Palaszczuk takes the place of former Liberal Party federal director Tony Nutt, who has vacated his position on the board after serving two terms. She will serve as a non-executive director to the government-owned corporation for at least three years. “Ms … Read more

The Auto Industry Knows The Recall System Is Leaving Dangerous Vehicles On The Road

The Auto Industry Knows The Recall System Is Leaving Dangerous Vehicles On The Road

Good morning! It’s Thursday, August 15, 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. Jalopinions | The Best Type is Jaguar’s E-Type 1st Gear: The Car Recall System Is Badly Broken Proposed … Read more

Bus manufacturer BusTech goes into administration, leaving hundreds of employees with uncertain futures

Bus manufacturer BusTech goes into administration, leaving hundreds of employees with uncertain futures

A bus manufacturer with operations in Queensland and South Australia has gone into voluntary administration. BusTech is the second-largest independent bus manufacturer in Australia, making diesel, hybrid and zero emission technology buses. It has more 270 employees across its two companies in Queensland and South Australia. Know the news with the 7NEWS app: Download today … Read more

Tiny detail on $100 note sparks police warning

Tiny detail on 0 note sparks police warning

Counterfeit $100 notes are circulating in Tasmania, police have warned. A handful of the fake notes are believed to be circulating around Hobart, Glenorchy and Bellerive recently, Inspector Jason Klug said. While the notes might at first appear real, one detail reveals they are fakes. Know the news with the 7NEWS app: Download today “While … Read more