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Hyundai exports hit new record driven by strong demand for EVs

South Korean automakers Hyundai and Kia hit their highest export performance ever. The surge in exports was driven by Hyundai’s competitive EVs and expanding global sales. Hyundai and Kia were recognized for their performance at the 60th Trade Day ceremony in South Korea on Tuesday. After a record-setting year, both companies won the “Top of Export” award. Hyundai ranked first, with exports reaching $31 billion (+29.6% YOY), while Kia came in second with $23.5 billion (+30.7%). The growth…

Mahindra Thar driven by a young boy crashes into a truck [Video]

Distracted driving is one of the most common reasons for accidents across the globe. What happens is the drivers get occupied with using their phones, tweaking the music system, or doing something else and eventually crash. No matter how many times it’s said to be alert while driving, accidents due to the lack of alertness are prevalent. Recently, another such crash of young boys in their Mahindra Thar off-roader SUV has been shared online. These young men were busy grooving to the music in the vehicle, and because of…

US inflation eased in October, driven lower by cheaper gas, cars and airfares

By CHRISTOPHER RUGABER (AP Economics Writer) WASHINGTON (AP) — Inflation in the United States slowed last month in a sign that the Federal Reserve’s interest rate hikes are continuing to cool the consumer price spikes that have bedeviled consumers for the past two years. Tuesday’s report from the Labor Department showed that prices either fell or rose only slowly across a broad range of goods and services, including gas, new and used cars, hotel rooms and housing. Overall inflation was unchanged from September to October,…

Barbenheimer box office success driven by FOMO

An employee adds letters for upcoming film releases "Oppenheimer" and "Barbie" to a marquee at the Colonial Theater on July 16, 2023 in Phoenixville, Pennsylvania.Hannah Beier | The Washington Post | Getty ImagesHollywood's biggest weekend at the box office in years wasn't fueled by superheroes, Jedi or the promise of a sequel.Sure, there were big names — Barbie, the iconic fashion doll; Oppenheimer, the father of the atomic bomb; and, of course, directors Greta Gerwig and Christopher Nolan. But what set "Barbenheimer"…

Kid hangs out of rashly driven Volkswagen India Taigun GT compact suv [Video]

It is no secret that nowadays, almost every car buyer insists on having a longer feature list, especially a sunroof. However, many car owners with sunroofs are not aware of how to use them properly and often end up performing dangerous and life-threatening maneuvers. Here is an example to illustrate this point. The video shows India’s safest SUV, the Volkswagen Taigun, as it undergoes a crash test by Global NCAP. However, what catches attention is a child standing through the roof of another car in the video. Even the…

Maruti Suzuki Jimny 4X4 SUV driven on flooded roads of Delhi [Video]

The past week has been very difficult for people living in many parts of Delhi. Due to the rise in water levels in the Yamuna River, several low-lying areas have gone underwater. Many roads and streets are flooded, and the rain has also affected the lives of common people. Thousands of individuals have been relocated to higher ground as a result. Additionally, numerous vehicles have been affected by the recent flood, with several videos depicting people driving through flooded roads. We have previously discussed the…

Carelessly driven Mahindra Thar 4X4 SUV almost spins an Audi India luxury sedan off the road

The Mahindra Thar is highly regarded for its robust appearance and powerful road presence, making it one of the most macho-looking vehicles in India. However, some individuals are purchasing the Thar based solely on its looks, as evidenced by the surge in sales of the rear-wheel drive variant over the 4WD version. Unfortunately, some Thar owners misuse the vehicle, disregarding other motorists and showcasing reckless behavior on the road. A recent viral video capturing a collision between a Mahindra Thar and an Audi A4…

Home prices hit new highs, driven by tighter supply

A for sale sign is posted in front of a home for sale on February 20, 2023 in San Francisco, California.Justin Sullivan | Getty ImagesHome prices hit a record high in May, rising 0.7% nationally compared with April at a seasonally adjusted rate, according to the Black Knight Home Price Index.Prices, which have been rising since January, were 0.1% higher in May than a year earlier.The sharp jump in mortgage interest rates last year threw cold water on an overheated housing market, but it didn't last long. Even with rates…