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

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:

• There’s a new Ferrari in town, and this is what people say about its noise

• Speaking of Ferrari, the company claims these many Ferraris are still on the road, and that’s impressive

• The Stellantis debacle continues and is actually accelerating 

• Was this the first “real” SUV? 

RECALLS

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

• Volvo recalls 126,000 trucks, and here’s why

• BMW recalls only 7 vehicles but for this critical issueStellantis recalls 21,000 vehicles over brake collapse. Here are the models

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?!

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.

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.

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.