New federal regulations make it easier to build and buy classic car replicas

America’s roads may look a little older in the future. Not the pavement, but the vehicles driving on it.

The Nationa Highway Traffic Safety Administration (NHTSA) has finally put the stipulations of a law passed in 2015 into effect that will make it easier to build and buy new replicas of classic cars.

The rules set down by the Low Volume Motor Vehicle Manufacturers Act were developed in partnership with SEMA, the organization that represents the U.S. automotive aftermarket industry.

The final regulations allow small manufacturers, who build less than 5,000 vehicles annually, to annually produce up to 325 licensed replicas of vehicles that are at least 25 years old without having to meet costly crash testing and other modern safety standards and sell them with a federally registered VIN.

Previously, these types of vehicles could only be sold as “component” or “kit” cars that had to

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GM shuts downs Marketplace, the app that let you buy gas and coffee from your car’s screen

General Motors is shutting down its in-car shopping app, Marketplace, which allowed customers to buy coffee, pay for gas, or make restaurant reservations from the infotainment screen of their vehicles. The service will be discontinued March 2022. (The news was first reported by CNBC.)

The app, which was first introduced in 2017, was part of GM’s mission to redesign the driving experience to include more smartphone-style features, as well as create new revenue streams through partnerships with third-party companies. When it was announcedhat, GM described Marketplace as “the automotive industry’s first commerce platform for on-demand reservations and purchases of goods and services.”

GM said its plans to discontinue Marketplace were the result of Xevo, a connected car software supplier, exiting the business. But this doesn’t signal the end of GM’s attempts to make in-car shopping a thing: the automaker says it will likely roll out a new

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2 Semiconductor Stocks to Buy Amid the Automotive Chip Shortage, and 1 to Watch

The empty lots at new car dealerships have attracted the attention of most Americans regardless of whether they pay attention to the semiconductor industry. Thanks to a shortage of semiconductor chips, automobile factories are being temporarily idled, and used car prices have shot higher amid the rising demand for cars.

However, the shortage of such chips has placed the focus on some semiconductor companies that previously received little attention, such as NXP Semiconductors (NASDAQ:NXPI), Texas Instruments (NASDAQ:TXN), and GlobalFoundries (NASDAQ:GFS). Let’s take a closer look at these three companies.

A close-up of a semiconductor designed for automotive applications.

Image source: Getty Images.

Understanding the automotive chip shortage

The semiconductor shortage has affected all tech-related industries. Nonetheless, the nature of the chip shortage differs in the automotive industry.

Consumers who have experienced a decades-long upgrade cycle often pay little heed to less advanced chips. However, a robust market for larger, slower chips remains, and the automobile sector

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7 Stocks to Buy as Used Car Prices Hit a Perfect Storm in 2022

Although cryptocurrencies have generated substantial intrigue and controversy, it may not be the most absurd bull market of stocks to buy right now. Instead, this dubious honor could belong to the used car market.

If you look at the Manheim index for used car prices, its upward trajectory exceeds that of benchmark equities indices and even certain cryptos. Thus, automotive-related stocks to buy have been big winners in the year recently passed.

However, the utterly ridiculous skyrocketing of used vehicles – which in turn accelerated prices of new cars as well – creates massive risks. Basically, what goes up must come down. Thus, analysts at KPMG warn that once global supply chains sort themselves out and the economic machinery starts churning again, used car prices could plummet, perhaps by 20% to 30%. No question exists that auto-related stocks to buy are incredibly speculative at this point.

InvestorPlace – Stock

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