The new double-decker regional rail passenger cars are three years behind schedule, and SEPTA officials have expressed concern about the quality of work done by China Railway Rolling Stock Corporation (CRRC), the government-owned car manufacturer from ChinaBoston’s Massachusetts Bay Transit Authority says CRRC has delivered only 90 of the 404 new cars it ordered in 2014 for $800 million. Many of them have been sidelined by problems including a battery explosion, a derailment, loose brake bolts and faulty wiring that caused an electrical current to arc and hit a nearby train.Separately, SEPTA’s $138 million contract with the Chinese company is…
Author: Automotivedealernews.com
You can’t have weight distribution without weight, and weight can be the slipperiest key performance factor for sports cars. At around 2700 pounds, the 240SX is moderately light, as we can see when comparing it to other performance cars of its era and others. Weight can be hard to wrap your brain around because of the wild variability in numbers you’ll encounter. JD Power says the average car in 2022 was 4,094 pounds, for example, but that includes SUVs and the like. The 240SX weighed in at the lower end of the modern compact car weight class, which starts around…
Dramatic body camera footage showed Florida officers rescuing a driver whose car ended up submerged in a canal after the victim’s cellphone sent an SOS signal. Officials with the Martin County Sheriff’s Office said 911 dispatchers were alerted early Wednesday after the crash caused the driver’s phone to send the alert with automated coordinates. Using the coordinates, deputies responded and found the car upside down in the dark, murky waters of the canal, officials said. Officers could hear the injured man calling for help and jumped into the water to help him out of the car. “Okay buddy, I got…
DUBLIN , March 2, 2023 /PRNewswire/ — The report “Lubricants and Greases Market by Type, by Application: Global Opportunity Analysis and Industry Forecast, 2021-2031” has been added to ResearchAndMarkets.com’s offersThe global lubricants and greases market was valued at USD 123.8 billion in 2021 and is forecast to reach USD 168.2 billion by 2031, growing at a CAGR of 3.2% from 2022 to 2031.Key market playersArmor lubricantsTotal S.A.,Petromin Corporationaljomaih and shell lubricating oil company limitedBehran Oil Co. Ltd.FUCHSExxon Mobil CorporationGULF OIL Middle East Limited (GULF OIL International)emiratesIdemitsu Kosan Co., Ltd. ENTER TO WIN $500 IN STOCK OR CRYPTOEnter your email and…
The Extractive Industries Transparency Initiative has gained a new name in its ranks with the signing of independent global E&P firm Neptune Energy. The initiative is designed to improve accountability for revenues paid and received for a country’s oil, gas and mineral resources. By supporting the initiative, companies commit to transparently reporting on their operations in EITI-supporting countries, helping to inform policymakers and raise governance standards, Neptune Energy noted in its statement “We are proud to help support the EITI’s goal of strengthening public awareness of how countries’ natural resources are managed,” said Neptune Energy’s head of ESG, Kate Niblock.…
Manual cars reached an all-time low market share in 2021, consisting of less than 1% of new car sales, according to JD Power figures. From its floor of 0.9%, there has been a rebound. Sales increased in 2022 to 1.2% and now in 2023 manual cars represent 1.7% of the new car market. Now, the The Wall Street Journal is report that it’s because more people, especially young people, are starting to intentionally look for manual-equipped cars, rather than buying them just because they’re the cheapest or most fuel-efficient option available. Some evidence definitely points to this.According to JD Power,…
New York, March 02, 2023 (GLOBE NEWSWIRE) — Reportlinker.com announces the launch of the “High Speed Motors Market by Speed, Power Output, End User and Region – Global Forecast to 2028” report. – https://www. .reportlinker.com/p06036843/?utm_source=GNW Industries such as construction, chemical and petrochemical, oil and gas, and utilities are also growing as a result in these regions. High-speed motors help achieve power reliability, which is crucial to support urbanization and industrialization leading to market growth.The 1 to 2 MW segment, by output power, is expected to grow the fastest from 2022 to 2028.The high speed motor market by power is classified…
A thousand dollars a month is a lot to pay for a car. But that’s what many American consumers are facing as interest rates rise and new and used vehicle prices remain stubbornly high. It appears that consumers are beginning to buckle under the weight of rising finance costs, with car loan defaults on the rise. That’s a “canary in the coal mine” for the American consumer and the broader American economy, warns Wolfe Research chief investment strategist Chris Senyek. Delinquencies at auto lender and bank Ally Financial (ticker: ALLY ) ended 2022 with 3.56% of auto loans more than…
PRESS RELEASEPublished on March 2, 2023The synthetic motor oil market is a rapidly growing industry that offers a variety of advantages over traditional mineral-based motor oils. Synthetic oils are formulated using advanced chemical processes that create highly refined and purified base oils, which are then blended with high-performance additives to provide superior lubrication and protection to engines. These oils offer several benefits including better performance, longer engine life, better fuel efficiency and reduced emissions. To stay “ahead” of your competitors, request a sample @ https://www.persistencemarketresearch.com/samples/2838 One of the main drivers for the growth of the synthetic motor oil market is…
The Biden administration is moving forward with a fuel policy change demanded by Midwestern governors who hope it will encourage gas stations to sell higher-ethanol E15 gasoline and offer it year-round. Under the Environmental Protection Agency’s proposal presented Wednesday, the change would begin in the 2024 summer driving season, with effects extending throughout the fuel supply chain, from refineries to service stations While the EPA’s move is a positive for ethanol advocates on the one hand, it’s also a blow to supporters who called for action this summer. But refiners and pipeline operators argued they needed time to adapt, including…