Author: Automotivedealernews.com

Newark, Feb. 20, 2023 (GLOBE NEWSWIRE) — The Brainy Insights estimates that the carbide tools market will grow from $10.67 billion in 2022 to reach $16.38 billion by 2030. Carbide tools are widely used in machining applications that will drive their use. sales in the regions. Their unique capabilities make them favorable to be used in high-end machinery. To get the right perspective and competitive insights, get a sample report at: https://www.thebrainyinsights.com/enquiry/sample-request/13222 Key Carbide Tool Market Insights North America holds the largest market size during the forecast period. North America is expected to hold the largest market share in the…

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The countdown to the new era of the Repco Supercars Championship is underway, with the Gen3 era officially launched in Sydney on Monday. Four star drivers from the Chevrolet and Ford camps, Shane van Gisbergen, Mark Winterbottom, Will Davison and Chaz Mostert, gathered in front of the media on the world-class stage of Sydney Harbour. Van Gisbergen, Winterbottom, Davison and Mostert combine for four drivers’ titles and seven Bathurst 1000 wins. The star quartet posed in their new cars with the Sydney Harbor Bridge in the background. It comes just three weeks before the season-opening Thrifty Newcastle 500 in NSW’s…

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Nigeria’s inflation rate rose to 21.8% in January 2023 from 21.34% in the previous month, the highest increase since September 2005. Headline inflation in January 2023 was 21.82%, up from 21.34% in December 2022.Food inflation was 24.32% in January 2023, up from 23.74% in December 2022. Urban inflation was 22.55%. Rural inflation was 21.13%.Read the full January 2023 CPI report here: https://t.co/ResHYKcEhK pic.twitter.com/E4r5X6CzPr — NBS Nigeria (@NBS_Nigeria) February 15, 2023 In monthly terms, consumer prices rose a strong 1.87%, marking the highest increase in nearly 16 years, after a 1.71% increase the previous month. The main factors that contributed to…

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The motor show is dead. It was already swaying drunk and coughing up blood before the pandemic, but the lockdown provided automakers with a useful case study for cost-cutting. It does no Does spending millions on a show stand, filling it with smiling droids in matching outfits and turntables carrying the latest show models make a bit of a difference in how many new cars you trade in? Or how many hits does your website get? “No” seems to be the answer, and auto shows have life support turned off at the wall. Apart from Geneva. Now staying in Qatar.…

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GLOBAL MARKETS DJIA 33826.69 129.84 0.39% Nasdaq 11787.27 -68.56 -0.58% S&P 500 4079.09 -11.32 -0.28% FTSE 100 8004.36 -8.17 -0.10% Nikkei Stock 27522.22 9.09 0.03% Hang Seng 20767.75 47.94 0.23% Kospi 2452.13 0.92 0.04% SGX Nifty* 17968.00 31 0.17% *Feb contract USD/JPY 134.31-32 +0.16% Range 134.53 134.11 EUR/USD 1.0680-83 -0.13% Range 1.0722 1.0673 CBOT Wheat March $7.654 per bushel Spot Gold $1,838.70/oz -0.2% Nymex Crude (NY) $76.35 -$2.14 U.S. STOCKS The S&P 500 fell on Friday as investors raised bets on how much the Federal Reserve will raise interest rates in the coming months. The broad U.S. stock index lost…

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A new study says the time to buy a new or used vehicle increased throughout 2022 for Brad Anderson comments comments 4 hours ago A comprehensive report by Cox Automotive has revealed that consumer satisfaction with the car buying process fell in 2022 for the second year in a row, due to factors such as high prices, limited availability and a lengthy purchase process of a car The annual Car Buyer’s Journey Study surveyed more than 10,000 consumers who were in the market for a vehicle in 2022, consisting of 4,150 vehicle buyers and 6,118 vehicle buyers. The study revealed…

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Gears, listen up: Most cars are slowly turning into mere commuters or luxury gliders. Anything in between will either be too expensive or so bland that you’d rather take public transport than worry about charging (or fueling yourself with hydrogen), insurance and speed traps.Oh, and let’s not forget the industry’s desire to automate driving. Waymo, Cruise, Zoox, Tesla, Mercedes-Benz, Bosch and many other brands are racing to make the person behind the wheel irrelevant.Also, corporations like Uber or Lyft proved that car sharing can work wonderfully for certain populated areas by taking the concept of carpooling and turning it into…

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FRESNO COUNTY, Calif. (KSEE/KGPE) – Two people are dead after the driver of a vehicle attempted to make a U-turn with his arms down Sunday afternoon, according to authorities. The California Highway Patrol says the crash was reported around 2:45 p.m. on Conejo Avenue, west of Peach Avenue, southwest of Selma. Investigators say the train was traveling northbound when a sedan traveling westbound allegedly tried to go around the railroad crossing arms that were down. According to the officers, the occupants of the vehicle, an adult man and an adult woman, died at the scene following the collision. They also…

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Forward-looking statementsSome of the information presented in this Annual Report on Form 10-K, includingthe documents incorporated by reference herein, may constitute forward-lookingstatements within the meaning of the Private Securities Litigation Reform Act of1995. Such forward-looking statements are based on our current expectations,which are in turn based on assumptions that we believe are reasonable based onour current knowledge of our business and operations. We have used words such as”anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,””should,” “would,” “will” and variations of such words and similar expressionsto identify such forward-looking statements.These forward-looking statements are not guarantees of future performance andinvolve certain risks, uncertainties…

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Its PS VR2 version is just days away. After the upcoming launch of PlayStation VR2, Gran Turismo 7 will receive a free update, which will make the game fully playable in virtual reality, however, the studio’s CEO recently said that the update will not only add a new way to play PS VR2 owners, but will also add new content for all Gran Turismo 7 players. Kazunori Yamauchi, studio head of longtime Gran Turismo developer Polyphony Digital, tweeted the image as seen below, clearly showing four new cars that will be added to the game. These cars will no doubt…

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