Day: August 5, 2021

Car & Automotive

2 Automotive Retailer Stocks Wall Street Predicts Will Rally by 35% or More By StockNews

Because a global semiconductor chip shortage continues to negatively affect automobile production, the demand for used cars has increased as people seek to avoid public transport amid rising COVID-19 cases. Hence, Wall Street analysts expect auto retailers KAR Auction Services (KAR) and Cars.com (CARS) to rally by more than 35% in the near term. Read on for details.A global semiconductor chip shortage continues to pose supply challenges for new cars, which is driving up the prices of the used cars. According to the Bureau of Labor Statistics, used car and truck prices have increased 45.2% over the last 12 months, while car and truck rental costs have skyrocketed 87.7%.

With the resurgence of COVID-19 cases due to the rapid spread of its Delta variant, people are expected to continue using private cars rather than public

Car & Automotive

12 unique cars that should be resurrected

By Michael J. Moody 2 months ago

12 unique cars that should be resurrected

Microsoft and partners may be compensated if you purchase something through recommended links in this article.

Packard 900

Founded by brothers James and William Packard in 1899, Packard was one of America’s preeminent luxury car manufacturers for the early part of the 20th century. Rivaling overseas competitors such as Roll-Royce and Bentley, Packards were beloved for their elegantly large bodies, smooth engines and handling, high-quality craftsmanship, and a revolutionary “Twin Six” V12 engine. And while the popularity of Packard survived the Depression and both world wars, the final model rolled of the line in 1956 following dwindling sales. A return of

Car & Automotive

Automotive Instruments

By Michael J. Moody 2 months ago

Many of the modifications occurring within the automotive market in the present day, including tightened credit score markets in a capital-intensive trade and elevated government involvement are the most recent international challenges. Natural gas is used to generate electrical energy and heat for desalination Similarly, some landfills that additionally discharge methane gases have been set as much as seize the methane and generate electricity. Toyota is always at or close to the top of this record in terms of largest manufactures of vehicles worldwide. Payment Terms. We may charge for charge-based mostly Providers upfront and on a day by day, month-to-month, yearly, lump sum, or different foundation in accordance with the said terms, as long as your subscription stays active, even if in case you have not downloaded or used the Service or accessed your on-line account.

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Car & Automotive

Step One Automotive car dealership opens in Andalusia – The Andalusia Star-News

By Michael J. Moody 2 months ago

Step One Automotive Group opened the doors to its new Andalusia dealership on Monday.

Step One Andalusia will be holding a launch event Saturday, August 7 from 10 a.m. until 2 p.m. to celebrate the new dealership. Community members are invited to enjoy free food and refreshments inside the store. Participants who take a test drive during the event can take home a free t-shirt.

Step One Automotive Group broke ground on the new dealership on July 1. Andalusia is the first Alabama dealership for the automotive group. The company plans to continue expanding throughout the South, as they have three dealerships in Georgia as well.

Project Management Director Bud Lubben is happy about his company’s new location. He said, “The opening of our newest dealership will allow more job opportunity and growth within the community of Andalusia.” Lubben also said those looking for a career within the Step One

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