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Are Insurance Companies Inflating Stats?
Plus, a mistake on our side, Tesla faces many challenges, cars could cost $12,000 more and much more information on the automotive sector
Issue 94
Hello!
We hope your Tuesday is going well.
The automotive market is bracing for massive change in the coming months, and we're monitoring it closely!
On another note, we'd like to recognize a mistake with our previous issue. We didn't update the "Key Takeaways" section, and used Issue 93’s Key Takeaways. We apologize, and we hope we didn't generate too much confusion.
We decided to remove the segment altogether
NEWSBITES
Every week, we scour the web for the most essential news. Here’s what you need to know this week:
These are six cars that should have never existed
Nissan CEO's future is in doubt after Honda fallout
Your Costco membership now has an added bonus: a $10K discount on this car!
These three cars wanted to dethrone the Corvette. They failed, but they looked amazing.
This writer loves the 4Runner but believes this SUV could be better
GM buyers are the most loyal in 2024. Can you guess which other brands ranked highly?
RECALLS
Two big recalls are impacting German automakers
Volkswagen recalls 60,000 VW and Audi EVs over this issue
BMW recalls 40,000 X3s over doors that don't work
Video of the week
Is car ownership done?! Kern thinks it might be!
Kern shares his thoughts on possible changes in the automotive sector that could lead to us never owning a car again. What do you think of this? Let us know with a comment!
IN THE KNOW
Insurance companies are increasingly totaling cars
Car insurance has spiked recently, and people across America feel the financial impact.
However, while an increase in premiums is unfortunately not new to anyone, one aspect of car insurance has also increased.
It's a concerning phenomenon that could have severe consequences for car costs.
Insurance companies are labeling more cars as "totaled." The following article explains why this is happening and what we can expect in the coming years.
Car prices could now surge $12,000 with tariffs
There are no two ways about it: Tariffs could shake up the car market beyond our wildest imaginations. What's even more concerning is the uncertainty surrounding them.
This article explains how two brands, in particular, could feel the most impact.
The reality is that everyone will feel the consequences of tariffs. As this article explains, some analysts even estimate that cars could cost up to $12,000 more.
We'd love to hear your thoughts on this. Will car prices increase so much?
Stellantis' profit plunged 70%, but things are looking up somehow
In our last issue, we discuss how former Stellantis CEO Carlos Tavares landed millions in severance packages, much to the discomfort of, well, everybody.
Then, the news got worse, as Stellantis reported a 70% drop in profit.
However, not all is bad in the land of Jeep, Chrysler, and Dodge. The company's price-slashing strategies could be paying off.
Tesla's stock plunges 40%, here's why
Tesla used to be the EV brand of choice for the US market. However, things are changing. A new EV sheriff is creeping up in town, and it's American.
However, that's not the only challenge Tesla is facing. In fact, it could be the smallest one.
Tesla's stock has taken a beating for many reasons. How many of them can the company control?
SPONSORED SECTION
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Reach out to thousands with your product. Write to us!
OUR THOUGHTS
Don't get ripped off on your auto loan
We've taken out our fair share of auto loans, which unfortunately means we've been ripped off more than once.
Oscar Wilde once said, "Experience is simply the name we give our mistakes."
We have plenty of that, so we've compiled key strategies to win the rate game and avoid those pesky scams.
BEST AND WORST
7 Reasons the Chevy Tahoe Gets Bad Reviews (And What You Should Know Before Buying One)
I'll (Bernard) be the first to admit that I love the Tahoe. Kern has one as well, and he loves it too.
However, something is interesting going on. Negative reviews have increased in recent years. So, why is this happening?
We discuss the seven most common reasons for the Chevrolet Tahoe's bad reputation and the years you should avoid.
TIPS AND KNOW-HOW
Does Walmart Auto Center offer headlight cleaning services?
Dirty headlights can be a nuisance, plus a safety risk, as they can lose brightness and color. So, it's essential to keep them clean.
However, not all auto centers offer a headlight cleaning service.
At the same time, Walmart Auto Centers are very common, which begs the question: does Walmart Auto Center offer headlight cleaning services?
We compiled all the information you should know.
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