Autos

7 factors that affect your car insurance rate | New & Used Cars for Sale – Buy or Sell a Car in Ma

How do auto insurers calculate rates? Cheap Insurance found seven factors that impact car insurance using research from across the internet. 7 factors that affect your car insurance rate How age, location and other factors affect your car insurance rate Car insurance provides drivers peace of mind knowing that if you’re ever in a car …

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Chip Shortage For Autos Likely To Last Through 2023

The chip shortage pleading the auto industry since early 2020 probably will persist through 2023, a semiconductor industry analyst says. Strong demand for automotive chips should provide a tailwind to semiconductor stocks with high exposure to the industry, including NXP Semiconductors (NXPI) and ON Semiconductor (ON). X “Shortages of automotive semiconductors will likely remain through …

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NIO Stock Rises. The EV Maker’s Internal Review Addresses Short Seller’s Claims.

Text size NIO continues to deal with fallout from short seller claims, which the company denies. Hector Retamal/AFP via Getty Images Chinese electric-vehicle maker NIO said Friday that an independent internal review found no evidence of improper accounting, refuting claims a short seller had made earlier this year. NIO stock (ticker: NIO) jumped 4.4% in …

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Bugatti Rimac CEO says no signs of a slowdown from super-rich car buyers

Ultra-wealthy buyers of supercars show no signs of slowing their spending despite recession fears, according to the CEO of Bugatti Rimac. Mate Rimac said demand for the company’s all-electric Rimac supercars and its combustion-engine Bugattis remains strong, and may even be accelerating. “We don’t see any slowdown at the moment, quite the opposite,” he said. …

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EV Winners and Losers From Inflation Reduction Act. Hint: Tesla Is a Winner.

Text size Electric vehicles get purchase credits in new US climate legislation. But the benefits might not filter all the way down to car buyers. Sean Gallup/Getty Images The electric-vehicle industry is one of the obvious winners from the Inflation Reduction Act, the law that advances President Biden’s climate change agenda. But the allocation of …

EV Winners and Losers From Inflation Reduction Act. Hint: Tesla Is a Winner. Read More »

EV Winners and Losers From Inflation Reduction Act. Hint: Tesla Is a Winner.

Text size Electric vehicles get purchase credits in new US climate legislation. But the benefits might not filter all the way down to car buyers. Sean Gallup/Getty Images The electric-vehicle industry is one of the obvious winners from the Inflation Reduction Act, the law that advances President Biden’s climate change agenda. But the allocation of …

EV Winners and Losers From Inflation Reduction Act. Hint: Tesla Is a Winner. Read More »