Money News

Cars from Beijing auto show reflect China's vision for the future of driving

Organisers say that 117 new models are making their debut at Auto China 2024, which runs through May 4

Hyundai Kona Electric Now Cheaper To Lease Than Gas Kona

The large battery Kona Electric leases for just $199 a month with $1,579 down.

Audi confirm long-suspected Nico Hulkenberg move after Haas exit sealed

Nico Hulkenberg's long-suspected move to Audi has finally been confirmed.

DOTr to continue promoting cycling, walking, light electric vehicles

MANILA, Philippines — The Department of Transportation (DOTr) on Friday committed to continue promoting cycling, walking and the use of light electric vehicles amid proposals to modify bicycle and motorcycle lanes in Edsa. According to the DOTr, in line with the National Transport Policy (NTP) and the Philippine Development Plan 2023-2028 (PDP), it will commit to continue promoting the use of non-motorized transport (NMT) and light electric...

How a sportscar friendship prevailed over F1 rivalry

Formula 1 isn’t usually a category that can be associated with selflessness. But Manfred Winkelhock’s gesture in qualifying for the 1984 South African Grand Prix to a driver from a rival team he’d frequently collaborated with in sportscars underlines why Marc Surer picks him as his favourite team-mate

Kawasaki Is Turning Into Bimota Racing Team For The 2025 WSBK Season

More specifically, the new team will be called 'Bimota by Kawasaki Racing Team'.

The Alfa Romeo Giulia Is Still Charming Without the V-6

The Ferrari-powered Giulia Quadrifoglio is phenomenal. But the Giulia with the base engine is pretty darn good, too.

A century of speed: Britain’s fastest cars

Tesla’s Autopilot is under investigation again following ‘recall’ software update

Over 2 million Tesla vehicles are subject to a new NHTSA probe to determine whether enough was done to resolve Autopilot safety issues.

Ford tapped the brakes on EVs and bet on hybrids. It's paying off.

Ford announced in its earnings on Wednesday that hybrid sales rose 36% in the first quarter of 2024.

KTM's 450 Rally Replica Gets A Major Overhaul For The New Year

New engine, new frame, and a connected system of fuel tanks that holds over 9 gallons are three of the highlights.

Marquez says Ducati MotoGP bike adaptation “is finished”

Marc Marquez says that his adaptation to the Ducati MotoGP bike has now “finished” and he can now “work on the small details”.

Toyota weighs up third Hypercar for WEC

Toyota is evaluating an expansion of its World Endurance Championship assault with a third GR010 HYBRID Le Mans Hypercar.

Some Small SUVs Show Worrying Results in Updated Crash-Avoidance Tech Tests

The Chevrolet Equinox, Mazda CX-5, Mitsubishi Outlander, and Volkswagen Taos all received poor ratings in this updated test.

End of the road? Jeepneys face uncertain future

MANILA, Philippines — The first jeepneys rolled onto the streets of the Philippines just after World War II — noisy, smoke-belching vehicles initially made from leftover US Jeeps that became a national symbol. Seven decades later, the colorfully decorated vehicles face an existential threat from a plan to replace them with modern mini-buses. Easy to fix and cheap to ride, the vehicles grew in size and length to become the backbone of the...

Big Investments From Toyota, Honda Prove EVs Are Far From 'Done'

We also discuss the brutal “elimination round” in China’s EV market and former Tesla executive Drew Baglino selling over a million Tesla shares.

Someone Bought a $20M McLaren F1 and Drove It 14 Miles. Now They're Flipping It

This McLaren F1 sold at Pebble Beach in 2021 for over $20 million. In the three years since, the new owner has driven just 13 miles.

A2RL May Be Autonomous, but Humans Are at Its Heart

Ahead of the first A2RL fully autonomous race, we take a closer look at the cars, and the people behind them.

More space eyed for sustainable transport modes

THE Department of Transportation (DoTr) said Friday that it is designating and reclaiming more road space, and providing safe infrastructure for more efficient and sustainable modes of transport, such as bike lanes and walkways, as it seeks solutions to the perennial traffic problem. The DoTr stated this after the Metropolitan Manila Development Authority (MMDA) disclosed that it is considering the removal of bicycle lanes on EDSA and...

Tesla’s Autopilot and Full Self-Driving linked to hundreds of crashes, dozens of deaths

NHTSA found that Tesla’s driver-assist features are insufficient at keeping drivers engaged in the task of driving, which can often have fatal results.

Red Bull's 217 Mph Drone Aims to Revolutionize Race Broadcasting

Motorsports can live and die by our ability to portray the live-action. Finally, we have a drone capable of showcasing MotoGP's ferocity.

DS Penske to run special livery for Monaco Formula E round

DS Automobiles, which considers Monaco to be its home race, has prepared a special livery for the two single-seaters it supplies to the DS Penske team.

Expired Driver's License? LTO to Release Plastic Cards

Check out the schedule.

Comparison Test: 2024 Compact SUVs for the Real World

Dodge Hornet, Ford Escape, Honda CR-V, Kia Sportage, Mazda CX-50, Nissan Rogue, Toyota RAV4, and Volkswagen Tiguan.

Private parking firms accused of ‘confusing drivers’ over new code of practice

Private parking firms accused of ‘confusing drivers’ over new code of practice - The RAC said the sector’s decision to create its own set of rules ‘muddies the waters’ amid delays in new Government regulations being implemented.

Japanese superstar Ryohei Suzuki trained in Phl for ‘City Hunter’

Remember in February 2023 when we shared in this column that we flew to Tokyo for a yet to be revealed title of one of the biggest budgeted films in recent years? Well, surprise! It’s the much-anticipated live-action adaptation of the legendary manga City Hunter, which sold over 50 million copies to date and is much loved globally. Finally, after more than a year, we can now share what went down during the trip. I remember that it was our first...

Car racing techniques that'll make you a better driver

Driving is an essential part of many people's lives. It is one the best ways to move around without having to rely on public transport, and indeed the only option to do so in some parts of the world. You can get a driver's license, but you won't really learn how to drive until you've actually done it for some time. You will learn how to react in certain circumstances and drive in a number of different weather and road conditions. After some time, you can become a quite proficient driver. But how do you take it a step further? How do you improve and learn new driving skills? Well, not in a regular driving school, that's for sure. One way to delve into advanced driving techniques is to look at what pro racing drivers do. After all, you can always learn from the best at any given activity. There are a number of techniques and tips that can help you become an even better driver. With these under your (seat)belt you will be able to drive safer and more efficiently than ever. From defensive driving techniques, to full-on racing tips, put the pedal to the metal and cruise through this gallery. You'll be a better driver at the end of it, or at least you'll have the tools to become one.

Da Costa: FIA must "find another way" other than disqualifying cars post-race

Formula E driver Antonio Felix da Costa believes that the FIA must “find another way” other than disqualification for cars that fail post-race checks “for the good of the sport”.

8 Habits of Frugal People To Use When Car Shopping

With both new and used car prices near record highs and sky-high interest rates shrinking buyers' budgets, anyone in the market for a vehicle would be wise to think like a frugal person when heading...

EV owner and car enthusiast says all electric push was ‘foolish’, predicts hybrids will be better transition

David Tracy, a former auto engineer and car enthusiast, says, "The marketplace has spoken," and "not everyone's ready to go fully electric."

Tesla Cybertruck Teardown Continues With A Look At Its Steer-By-Wire System

The Tesla Cybertruck is one of the first passenger vehicles with no mechanical link between the steering wheel and the wheels.

Police car damaged after man jumps on windscreen

The police car is out of action after its bonnet, windscreen and roof were damaged.

Queen Elizabeth II’s Daimler V8 for sale

Binder “had my bike back” in Jerez MotoGP practice breakthrough

KTM’s Brad Binder says he “had my bike back” after making a breakthrough with set-up on Friday at the MotoGP Spanish Grand Prix.

Removing EDSA bike lanes is the wrong thing to do

IT is a fantasy for the MMDA to claim that removing the bike lanes on EDSA will improve traffic. From decades of experience, we know that removing the bike lanes do very little as more road space for motor vehicles leads to greater motor vehicle use due to the phenomenon of induced demand. "Adding highway lanes to deal with traffic congestion is like loosening your belt to cure obesity," as Lewis Mumford put it in 1955. With EDSA constantly...

Six things to watch in BTCC 2024

Hybrid and turbo boost, a new qualifying system, a punitive tyres tweak… There’s a lot to get to grips with as the new British Touring Car Championship season looms. Here are six of the key themes to follow in 2024

Chinese EV start-ups Nio and Xpeng turn to the mass market for growth

Chinese electric car start-ups Nio and Xpeng are turning to a lower-priced segment of the market with plans to release newly-branded cars this year.

Owners of SUVs linked to Batangas shabu haul identified

MANILA, Philippines — Police have identified the owners of the two sport utility vehicles linked to 1.4 tons of shabu valued at P9.68 billion that were seized in Alitagtag, Batangas last week. A white Ford Explorer and a black Toyota Land Cruiser were found around 400 meters apart in Barangay Sta. Lucia in San Luis, Pampanga. Col. Jean Fajardo, Philippine National Police spokesperson, said the Land Cruiser was registered under the name of the...

42 cute classic kei cars

Why You Should Stick to the One-Tenth Rule When Buying a Car

With very few exceptions, cars are guaranteed to lose value. You may love your car, but there's no reason to overspend on a depreciating liability, especially at a time when all other goods and...

You Can Lease An EV For As Low As $56 A Month In Washington State

The program is aimed at middle- and lower-income families and individuals. But they make a Toyota bZ4X as cheap as $56 a month to lease.

Hertz To Sell Off Even More EVs As Depreciation Losses Mount

But the rental giant's losses can be your gain if you're shopping electric and want to save a buck.

Volvo Crashed Its Biggest SUV into Its Smallest in the Name of Safety

The mighty EX90 T-boned the tiny EX30, on purpose.

Toyota's Hybrid Truck System Will Be a Game-Changer. Here's How It Works

The chief engineers of Toyota’s mid-size trucks explain the new four-cylinder hybrids.

MotoGP to have new logo next year under brand revamp

The MotoGP world championship will have a new logo at the end of 2024 as part of ongoing plans to revamp the series' brand identity, Autosport can confirm.

LTO-7 eyes distribution of 300,000 license plates before 2024 ends

CEBU CITY, Philippines — Almost 300,000 plates are yet to be distributed to the owners, according to an official from the Land Transportation Office (LTO) in Cebu. This is already half of the figures from the total number of unclaimed licensed plates last year, which was almost 600,000. Joel Maloloy-on, chief of LTO Cebu City District Office, said that the number was already an achievement of the agency, noting that they had already dispensed...

2026 Genesis GV70 Will Be Updated with a Huge New Screen Inside

The compact luxury crossover also has a revised front end and a Sport trim level that's meant to look a bit, er, sportier.

The Kia EV9 GT Arrives January 2025 with 'Enormous Power'

Meanwhile, an updated EV6/EV6 GT and Sportage will debut later this year.

Jaguar commits to Formula E until 2030

Jaguar has become the second manufacturer to commit to Formula E’s Gen4 regulations, taking its involvement with the championship through until the 2030 season.

MMDA fines 105 in road clearing operation

MANILA, Philippines — One hundred five people were fined at least P1,000 each for leaving obstructions such as tables, chairs and vehicles as well as food carts and stalls during a road clearing operation yesterday in preparation for the closure of the EDSA-Kamuning flyover on May 1. Personnel from the Metropolitan Manila Development Authority (MMDA) Special Operations Group Strike Force cleared Panay Avenue, Scout Borromeo street and Sergeant...