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The Self-Driving Aspect We're Not Considering
Plus, tariffs are here, companies rush to adjust to the change, we look at a cheap sportscar (for under $10K), Stellantis buys out employees and much more!
Issue 101
Hello, we hope you have a great weekend.
Tariffs on cars are finally here! That one-month break sure was short!
We'll cover development as much as possible. At the same time, we're incorporating some of the other things happening around the automotive industry.
Market News
Should you buy a car before tariffs come in? It's a question on everyone's mind, and here's an interesting analysis.
Stellantis is buying assembly workers. Here's why.
With 47% of cars in the US being imported, here's how to save money on a new car.
Tesla investors are concerned about Musk's leadership at the company.
Ferrari raises prices on some models in response to tariffs.
Nissan will launch 10 new models in the US to mount a comeback.
Here's why automakers are withholding from moving their factories to the US.
Companies must not raise prices, according to Trump. It puts Ford and GM at risk. Here's why.
Safety and Recalls
NHTSA opens probes into more than 2 million Honda vehicles over this issue
Jeep recalls Wagoneer S over headlight issues
Volvo issues massive recall, telling owners basically not to charge their cars
Cadillac and Chevy recall 1,000 cars over steering issue
Car Culture
The fastest car you can buy for under $10K.
Toyota was bummed out by how Nissan and Honda managed things.
Here are some excellent sports cars if you want fuel economy.
BMW has restored this classic car once owned by Elvis, and it's amazing.
A GMC Typhoon just sold for a lot of money (we mean a lot!)
This is the fastest road-legal car around the iconic Top Gear track.
Here are some fascinating cars from Ford's Heritage Museum.
Video of the week
Tyler Hoover, from Hoovie’s Garage, is a scam-magnet.
A WORD FROM 1440 MEDIA
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IN THE KNOW
How will autonomous vehicles change the automotive industry?
There's no denying that autonomous vehicles will change how we move about, but few people consider the impact they could have on the industry as a whole.
One thing is evident, while their progress has been slow, autonomous vehicles will become a reality, starting with taxis and trucks, as this article explains.
It will take longer for private and individual self-driving cars to take over our streets because of the many variables that need sorting out.
For example, there's something called the Wile E. Coyote test, and one popular self-driving car model failed it. You can read the article here to learn more about this test and that company.
Even so, small and big companies are taking necessary measures to remain competitive in the autonomous future.
Those taking part aren't only from the automotive sector. GM partnered with Nvidia to reinject life into its failing self-driving projects, and it could be a significant boost, as Nvidia is a key player in the AI game.
On the other hand, Uber partnered with two startups to step up its self-driving game, although it's focusing first on deliveries. Here's how it plans to use self-driving cars to cut the cost of trips and improve its cash flow.
Self-driving car madness is not only happening here in the US. China is expanding its EV dominance by introducing self-driving cars from two key companies, Zeekr and Xpeng.
Interestingly, these plans are worldwide, not just in China. This will quicken the use of self-driving cars as China has 76% of the world's EV market.
Unfortunately, the fact is that self-driving cars are still being perfected. That's an understatement.
Here's how self-driving cars managed to rack up nearly 600 tickets in California. Yes, self-driving cars can get tickets.
So, as you can see, this new stage in driving is still improving, and it coincides with how the insurance industry is also changing. We've all seen (and felt) the rapid increase in insurance.
If you're not up to date with that, here's why rates are increasing.
And, within that list, something caught our eye. EVs are now 24% more expensive to insure because they are more expensive to repair.
We dove deep into this topic with this article, and yes, insurance companies are totaling them over nothing.
These are all the paradigms we must learn to accept as the automotive scenario changes.
However, there's another that we haven't considered. Sure, EVs will be more expensive to repair, but when are you liable in a self-driving car accident?
That question had us scratching our heads, so we answered it in our article below.
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