This EV company will rule the world, and it’s not Tesla

Plus, car buyers want to refinance, Ferrari is in the news, and road rage is increasing

In partnership with

Hello! Do cars say something about politics?

This article seems to think so.

And with that, no more politics for this issue.

Key Takeaways

Don’t have much time? Here’s the summary of what we’re talking about:

  • A Company’s Global Rise: This Chinese automaker is rapidly expanding, surpassing Tesla in revenue with ambitious growth plans that could make it a global powerhouse.

  • High Demand for Auto Refinancing: Following recent rate cuts, a surprising percentage of recent car buyers are interested in refinancing, signaling the impact of economic shifts on car ownership costs.

  • Increasing Road Rage: Road rage incidents are on the rise in the U.S., fueled by societal tensions, making roads increasingly dangerous and highlighting the need for solutions.

  • Volkswagen's Struggles: VW is facing unprecedented challenges with plans to close multiple German plants, raising questions about the company’s future amid intense global competition and industry shifts.

  • Toyota Sequoia Buying Tips: While the Toyota Sequoia is a reliable SUV, some model years have known issues. Our article covers which years to avoid and which ones to consider.

NEWSBITES

Every week, we scour the web for the most essential news. Here’s what you need to know this week:

RECALLS

Here are some of the most important (and unusual) recalls right now:

IN THE KNOW

This EV company will rule the world (No, it’s not Tesla).

It might not have reached the US (yet), but one Chinese car company is quickly rising to become a global powerhouse.

In 2023, it sold 3 million vehicles, a 69% growth from 2022. 

Plus, this year, the company has beat Tesla in revenue, and there are no signs of slowing down.

In fact, it aims to grow 20% year over year. 

Do you know the company’s name? Click the link to find out more.

How many car buyers want to refinance?!

Under Water Pain GIF by King Of Destiny

The Fed lowered interest rates for the first time in a long time.

So, some are willing to buy a car now (although, others prefer to wait until the elections are over).

And that’s all great. 

What about those who bought a car in the past 24 months?

All of a sudden, their finances could be different. 

So, they’re looking to refinance, but we never thought it would be this many. 

Click the link to learn more about the surprising amount of people who’d like to refinance.  

Road rage is increasing uncontrollably.

Bill Murray GIF by Groundhog Day

These are tense times and America’s roads have become the battlefield.

Road rage incidents have increased dramatically, and there are no signs of slowing down. 

What are the reasons?

The answer is complex, and this article delves into the road rage phenomenon that’s overtaking our roads.

We found it fascinating and we hope you like it.

Looking for unbiased, fact-based news? Join 1440 today.

Upgrade your news intake with 1440! Dive into a daily newsletter trusted by millions for its comprehensive, 5-minute snapshot of the world's happenings. We navigate through over 100 sources to bring you fact-based news on politics, business, and culture—minus the bias and absolutely free.

OUR THOUGHTS

This unprecedented move by Volkswagen has us wondering: will VW survive?

Times are tough for traditional automakers.

Global electrification efforts, among other causes, have them against the wall, and one of the world’s biggest is struggling

VW took drastic measures, but many question whether they’re enough.

We even ask ourselves: will VW survive these trying times?

BEST AND WORST

What are the worst years for the Toyota Sequoia?

The Sequoia is a great truck. We’ve owned several and we love what it offers. 

However, it’s not perfect, and there are some years that you should avoid. 

We’ve gone deep into the Sequoia’s history to bring you the years you shouldn’t buy, and we tell you which to buy. 

Read our article to find out more.

TIPS AND KNOW-HOW

Are Ford maintenance plans worth it?

Maintenance plans are tempting, especially with newer cars.

However, there’s always a sense of doubt, and it lies in whether they are worth it. 

Fortunately for you, we’ve done the calculations and answered the question: Are Ford maintenance plans worth it? 

Click the link to find out more.

What did you think of this post?

We love your feedback!

Login or Subscribe to participate in polls.