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- GOBankingRates
I Have Driven Over 250 Car Models: These Are the 3 Best and Worst for Your Money
With so many models and options on the market, choosing the right car for your money isn't easy. The wrong choice leaves you trapped in a money pit, draining your finances with repair costs, poor gas...
- The Canadian Press
Automakers hit 'significant storm,' as buyers reject lofty prices at time of huge capital outlays
DETROIT (AP) — Investors are punishing automakers' stocks this week after second-quarter earnings reports exposed industrywide issues of slowing sales and high prices, just as the companies are having to spend huge sums to make new electric and gas vehicles.
- CBC
Ferry operator's ban on recalled EVs highlights need for more safety rules, experts say
A decision by an Ontario ferry operator to ban recalled Chrysler Pacifica plug-in hybrids from its boats has highlighted the potential fire risk posed by electric vehicles — and some experts say governments and businesses need to do more to establish safety standards for their use and storage.The risk of EV fires appears to be low, and vehicle makers have been responsive to the problems that have emerged, said George Iny, the president of the Automobile Protection Association.But EV fires, when
- CBC
Cyclist dead after Yorkville collision with dump truck driver
A cyclist is dead after she was struck by a dump truck driver in Yorkville Thursday morning, Toronto police say.The crash happened around 8:48 a.m. in the area of Bloor Street W. and Avenue Road, Acting Duty Insp. Jason Bartlett told reporters at the scene.The cyclist was going west in the Bloor bike lane when she exited the lane and continued on in the same direction, he said."At that same time, a dump truck that was also travelling westbound struck that cyclist and they were pronounced decease
- Motorious
Motorious Readers Get More Entries to Win the Hurst Performance Pair Up of a Lifetime
Get more tickets to win.
- Reuters
Toyota to build EV battery plant for Lexus cars, Nikkei reports
TOKYO (Reuters) -Japan's Toyota Motor plans to build a battery plant for electric vehicles in the southwestern prefecture of Fukuoka and supply its batteries to a factory that makes luxury Lexus brand cars, the Nikkei business daily reported on Friday. The world's top-selling automaker would seek to make the island of Kyushu where Fukuoka is located a central part of its supply chain for battery-powered vehicles and an export base for Asia, the newspaper said. A Toyota spokesperson said the company was aware of the report, but that it was not something it had announced.
- Reuters
Nissan cuts output at top Japanese plant, sources say
Nissan cut planned production by a third at its top Japanese plant this month, a move that will also see it slash output of a flagship crossover model, two people said, as it struggles with weak U.S. demand for its ageing line-up. The Japanese automaker on Thursday reported an almost complete wipe-out in April to June profit and cut its full-year outlook after it was forced to offer deep discounts in the U.S., highlighting the deepening risk it faces in its largest market. Unlike rivals Toyota and Honda, Nissan doesn't offer hybrid models in the U.S. and therefore hasn't benefitted from recent upswing in demand from U.S. consumers for hybrids as enthusiasm around EVs has cooled.
- Sky video
Cut taxes to fuel flagging electric car sales and hit climate goals says SMMT
The new government should cut taxes on electric vehicles to revive flagging sales and help the industry hit its climate goals, the motor trade body has said.
- CBC
Driver dead after 2 vehicles collide in Mississauga
A driver is dead after two vehicles collided in Mississauga on Wednesday, one hitting a hydro pole and catching fire, Peel police say.The collision happened near the intersection of McLaughlin Road and Britannia Road West. Police said they were called to the area at about 3:30 p.m.Const. Nikhil Chakravarthy, spokesperson for Peel Regional Police, told reporters that the driver of the vehicle that hit the pole was pronounced dead at the scene. The other driver remained at the scene and is co-oper
- Canadian Press Videos
AP Explains: French train lines hit by 'malicious acts' disrupting traffic ahead of Olympics
High-speed trains around France were hit by several “malicious acts”, heavily disrupting traffic on the day of the high-risk opening ceremony of the Paris Olympics. The AP's Angela Charlton explains.
- Road & Track
Porsche Will Keep the Gas-Powered Cayenne Alive into the 2030s
Porsche says the internal combustion Cayenne is sticking around. The automaker will continue development on the 3rd-gen SUV even after the electric 4th gen arrives.
- KameraOne
Barges swept down raging river crash into bridge in Philippines
A dramatic scene in Metro Manila, Philippines on Wednesday afternoon as several barges crashed into a bridge after being swept downstream by the raging Marikina River. Shocking footage captured the flat-bed vessels slamming into the bridge, with some getting stuck underneath and even sinking. Typhoon Gaemi has brought more intense monsoon rains to the region.
- Reuters
Train driver, safety official convicted over Spain's worst train crash in decades
A Spanish train driver and a former traffic safety chief at national rail infrastructure operator ADIF were sentenced on Friday to two-and-a-half years in prison over a train disaster that killed 79 people 11 years ago. Presiding judge Elena Fernandez Curras said two elements caused the derailment: the driver got distracted when receiving a call, and there was no safety system in place in case the driver did not respect the speed limit. The defendants and the insurance companies of ADIF and Renfe were sentenced to pay 25 million euros ($27.14 million) in damages to the victims in the civil part of the trial.
- Sacramento Bee
Carmichael man among 2 dead in Humboldt County plane crash near airport, officials say
Gabriel Joshua Kulp, 49, of Grass Valley, and Thomias Edward Smith, 60, of Carmichael, died in a crash Tuesday.
- BBC
Car firms demand more help to meet 2030 petrol ban
Manufacturers say support packages are required to electric vehicles more affordable.
- Reuters Videos
Nissan's Q1 profit plunges 99% as US discounts shred margins
STORY: Nissan slashed its annual outlook Thursday after reporting a 99% plunge in first-quarter profits.That’s as deep discounting in the U.S. shredded the Japanese automaker’s margins. Nissan’s shares fell following the results, which were far short of analyst expectations.Operating profit for April-June was just $6.5 million.That was just a fraction of the roughly $1 billion profit predicted ahead of the results. It marks Nissan’s worst quarterly performance in more than three years.While global sales remained even year-on-year at 787,000 vehicles, the profit from those sales was hit by an increase in discounts and marketing costs. That’s as Nissan tried to ride out intense competition, particularly in the U.S. The automaker, which has struggled in the U.S., said sales there were also hurt by an aging portfolio and a market shift to hybrid vehicles. However, the firm's CEO told Reuters that Nissan plans to bolster sales with fresh models in the second half of the year. Despite this, investors will now likely worry about the car maker's outlook in the United States.That concern adds to Nissan’s woes in China, where it has seen tough competition from domestic rivals.Shares in the company tumbled around 11% at one point before finishing down 7% - their biggest one-day decline since February.
- BBC
Nine dead after Spanish fishing boat sinks off Falklands
The crew of the Argos Georgia took to life rafts when it started taking on water on Monday.
- CNN
French rail lines disrupted by ‘coordinated sabotage’ ahead of Paris Olympics opening ceremony
France’s high-speed train lines were targeted by multiple “malicious” acts including arson on Friday, in what has been described as “an attack on France” and “coordinated sabotage” to disrupt travel ahead of the opening ceremony of the Paris Olympics.