Most car sales are used car sales for a good reason. In April, the new luxury car cost an average of $64,144. That was down from the March average, but still out of reach for many. Used cars are a much more realistic possibility for most Americans. They sold for an average of $26,799 in April. A used luxury vehicle makes for a unique bargain. Luxury cars depreciate faster than more affordable cars, meaning you can often find a used model recently for just a fraction of what a buyer paid for it a few years ago. Buying a used…
Author: Automotivedealernews.com
Three men were seriously injured after a car crash Wednesday in East Garfield Park. Two of them appeared to have suffered gunshot wounds, authorities said. The drivers of a black SUV and a white sedan collided around 5:30 p.m. near the intersection of North Homan Avenue and West Fulton Boulevard, Chicago fire officials said. One of the cars then rolled and hit a tree. Two men were taken to Mount Sinai Hospital and another to Stroger Hospital, where they were listed in critical condition. Two of them appeared to have gunshot wounds, officials said. None of their ages were immediately…
Market overview The global high performance fluoropolymer (HPF) market is expected to reach USD 5,935.9 million by 2030, showing a rapid compound annual growth rate (CAGR) of 7.0% during the forecast period. The growing demand for HPF in the production of semiconductors used in electrical products such as computers and smartphones, as well as coatings in various industries such as automotive, industrial textiles, wire and cable, and industrial machinery, is a major driver of market revenue growth. Fluoropolymers are widely used in sectors such as automotive, electronics and electronics, and chemical processing due to their excellent heat resistance and tensile…
Italian oilfield services company Saipem has obtained a Qualified Technology Statement for its Integrated Acoustic Unit (IAU) technology from safety and risk management expert DNV. Saipem’s IAU is an innovative digital instrument, based on acoustic technology, that enables remote and non-intrusive monitoring of the integrity of offshore pipelines during laying activities, Saipem said. In real time, it can locate blockages, pipe deformations and water ingress up to several kilometers away, he added. It can also classify and quantify detected anomalies and send the data to an operator, the company continued. Saipem has highlighted that a qualified technology statement has been…
SAVANNAH, Ga. (WSAV) — Some automakers are choosing to remove AM radio from their new vehicles. Companies like BMW, Volkswagen and many others are part of this change. With the rise of new platforms such as streaming music and podcasts, AM radio is being phased out. Radio is no longer the preferred source of music for Americans: only 31% of Americans listen to music through the radio. E. Larry Mcduffie, Grammy-nominated gospel artist and local radio legend, explained that young people began to devalue AM radio. Governor McMaster to send SC National Guard troops to southern border “The mainstream market…
Climate campaigners have scored another victory against Big Oil after Norway’s giant sovereign wealth fund announced will support the proposals for ExxonMobil Corp. (NYSE:XOM) and Chevron Corp. (NYSE:CVX) shareholders at its annual general meetings (AGM) on Wednesday to introduce emissions targets. With $1.4 trillion in assets, Norway’s wealth fund is the largest in the world, and its voice on issues like these carries a lot of weight. The fund is Exxon’s sixth-largest investor with a stake of nearly 1.2%. The move comes barely a week after climate protesters unleashed chaos at TotalEnergies’ (NYSE:TTE) AGM in Paris where shareholders backed a…
David Allio/Icon Sportswire via Getty Images Penske Entertainment, owner of the Indianapolis Motor Speedway and the IndyCar Series, is giving away a new car to the owner of a Chevrolet that was damaged by a blown tire during the Indianapolis 500. A spokesman told The Indianapolis Star on Wednesday that Penske Entertainment will give Robin Matthews of Indianapolis a new car. The damage occurred when driver Kirk Kirkwood’s car was thrown into the back of another driver who hit the wall between turns 1 and 2. Kirkwood’s car overturned and his tire blew out above the fence that protects the…
Oil extended this week’s slide as China’s economic recovery outpaced an upbeat US jobs report. West Texas Intermediate fell more than 1% to settle near $68 a barrel. New data showed manufacturing activity in China fell at a faster pace than the previous month, prompting fears that a post-Covid rebound had faded. Futures attempted a rally after US figures revealed job openings rose unexpectedly, but could not withstand growing disappointment with China and a stronger dollar. “Sentiment remains extremely bearish and positioning reflects limited risk appetite in the commodity over the weekend with the OPEC+ meeting,” said Rebecca Babin, senior…
The rare W-32 package made the Olds 442 a performance legend. May 31, 2023 at 6:51pm ET Although Oldsmobile closed its doors almost 20 years ago, it remains very popular among classic and muscle car enthusiasts. The best known of these cars is the Cutlass and its performance models like the 442. The 442 originally meant a 4-speed, with a 400 cubic inch engine and dual exhaust. Of all the 442 variants, one of the rarest and most legendary is the W-32. We recently spotted a rare 4,475 Chevrolet Chevelle SS454 with an LS6 engine, but this 1969 Oldsmobile 442…
Technology could help reduce fatal accidents.Traffic fatalities are one of the most persistent causes of death in the United States, and are increasing despite advances such as crash warning and avoidance systems and increased use of air bags . Almost 43,000 people died in road accidents in 2022. This was slightly less than in 2021, but 31 percent more than in 2014.Traffic deaths had been declining until about a decade ago, when they began to rise rapidly. The increase has been driven by an uptick in pedestrian deaths. An estimated 3,500 pedestrians were killed in the first half of 2022,…