Car & Automotive

  • Car & Automotive

    Hagerty Goes Public to Pursue a Simple Mission: Save Driving

    For one Monday in early December, the New York Stock Exchange played the role of vintage car museum. At one end of Broad Street, outside the exchange, sat a high-roofed and stately 1921 Duesenberg coupe. At the other, a fearsome 1966 Ford GT40 racecar. Between them, encased in a glass vitrine, was an imperturbably cheery 1967 Porsche 911S. Shaking hands by the coffee stand was McKeel Hagerty. The chief executive of the classic car insurance company that bears his name, Mr. Hagerty was there to ring the opening bell, and celebrate the first day of trading for his newly public  

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  • Car & Automotive

    FACT SHEET: The Biden-Harris Electric Vehicle Charging Action Plan

    Vice President Kamala Harris to Announce Action Plan that Fast Tracks Bipartisan Infrastructure Law Investments President Biden has united automakers and autoworkers to drive American leadership forward on clean cars, and he set an ambitious target of 50% of electric vehicle (EV) sale shares in the U.S. by 2030. Now, the Bipartisan Infrastructure Law will supercharge America’s efforts to lead the electric future, Building a Better America where we can strengthen domestic supply chains, outcompete the world, and make electric cars cheaper for working families. President Biden, American families, automakers, and autoworkers agree: the future of transportation is electric. The  

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  • Car & Automotive

    South Korea’s rental car companies seen leading auto transport sector’s green fuel switch

    Highlights SK rent-a-car adds 4,200 electric vehicles to its fleet in 2021 Rental firms expected to absorb more than 8% of total green vehicle sales by 2025 Refiners expect gasoline demand to continue falling but exports seen stable Rental car companies are expected to play a big part in the South Korean automobile transport sector’s fuel switch from gasoline and diesel to greener energy, with SK rent-a-car and Lotte Rental absorbing a significant portion of the country’s annual electric vehicle sales, industry and market participants said Dec 10. Not registered? Receive daily email alerts, subscriber notes & personalize your  

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  • Car & Automotive

    Michigan to refund drivers $400 for each vehicle they own : NPR

    Every car in Michigan that was covered by insurance as of the end of October will bring its owner $400, under a new refund plan approved by Gov. Gretchen Whitmer’s administration. Carlos Osorio/AP hide caption toggle caption Carlos Osorio/AP Every car in Michigan that was covered by insurance as of the end of October will bring its owner $400, under a new refund plan approved by Gov. Gretchen Whitmer’s administration. Carlos Osorio/AP Michigan’s attempts to lower its famously high insurance rates seem to be working: every driver in the state will be refunded $400 for each vehicle they own, Michigan  

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  • Car & Automotive

    Supply Chain Snarls for Cars on Display at a Kansas Terminal

    KANSAS CITY, Kan. — Just after 5:30 on a chilly November morning, David Heide arrives at the shipping terminal on the industrial fringes of Kansas City, wondering what fresh torment the day has in store. His company, Jack Cooper Transport, delivers new cars to dealerships from auto factories around the United States. It carries some on tractor-trailers, and sends more by rail. Before the global supply chain descended into chaos, the terminal ran on a steady and dependable rhythm. Roughly once every minute, a new car emerged from the General Motors Fairfax factory next door and landed in the terminal  

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