Anything with as much historic significance as a small-batch BMW is going to be fun and interesting for the novelty alone, though. And in this video, Catchpole also tells us that the brakes were too weak for hard driving, the only transmission option was a mediocre paddle-shifted semi-automatic, and even spends 20 seconds talking about how the steering wheel’s wrapping material isn’t viable.
Some exchange-traded funds bundle it all together. The Global X Millennials Thematic ETF (MILN) holds about 80 stocks that have a “high likelihood of benefiting from the rising spending power and unique preferences” of millennials. It consists of companies like Alphabet (GOOGL), Costco Wholesale (COST), Facebook (FB), Starbucks (SBUX), and Walt Disney (DIS). Another ETF, Principal Millennials Index (GENY), holds a basket of global growth companies, including an Australian education business, Navitas (NVT.Australia), the Japanese retail giant Fast Retailing (9983.Japan), and Chinese internet stocks Alibaba Group Holding (BABA) and Tencent Holdings (TCEHY).
A Model 3 isn’t exactly cheap — the starting price is about $35,000, and that’s down from a few years ago. But the Camps saved thousands of dollars on their Model 3s through state and federal incentives. Colorado offers a tax credit of $5,000 to $7,000 for electric passenger vehicles, and the federal tax credit is worth up to $7,500. City staff are considering upping the ante by making electric vehicles exempt from city sales tax or devoting the sales tax to EV charging projects and working with local businesses to offer more affordable leasing and interest rates for low-income residents.
If you’re into the style and grace of BMW’s revived 8-series coupe and convertible but need four doors, you’re in luck: Today the German automaker confirmed that the 8-series Gran Coupe model will bow later this year and join the 4-series Gran Coupe in the lineup, effectively replacing the 6-series Gran Coupe . BMW provided a moody teaser photo that shows the car’s nicely proportioned profile and bright red LED tail lamps, but not much else. We caught the 8-series Gran Coupe testing last year with minimal camo, though, so we basically know what to expect already.
We’re not sure what the Ranger’s sales lethargy can be chalked up to. The Ranger has been available since January, so it’s not like it got a late start on the year. It’s priced competitively with the newer stuff in the segment, starting at around $25,000 (the Frontier is a budget play that starts at $20,135). A Ford spokesman tells us there was a ramping-up period early on, as the company built up dealer supply, and further claims that Rangers spend less time on dealer lots (just 20 days) than the segment average. Still, we wonder if there is some sort of manufacturing bottleneck constricting vehicles reaching dealerships, and whether a limited supply explains both the trucks that reach dealerships being quickly snapped up as well as the low sales figures.
The convention was around the time when Safelite came out with its 15-mile radius feature, which allows customers to search for auto glass repair and replacement companies within that distance. According to Pfaff, when the automotive division changed its name to Auto Glass by Pfaff’s its customers were confused and in turn, many of them stopped going to the company.
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Producing in Canada will make it easier for Toyota to meet the auto requirements under the revised NAFTA — currently facing a range of challenges to ratification in the U.S. Congress. The deal raises the thresholds on regional automotive content — the amount of parts and raw materials in a vehicle that must come from American or Mexican sources — to 75 per cent from the current 62.5 per cent. It also requires 40 to 45 per cent of production to be done by NAFTA workers earning at least US$16 an hour.