Tesla wins as Texas requires state-backed charging stations to include its plug
Texas — home to Tesla’s headquarters and a new car factory complex — is the first state that will mandate Tesla’s charging technology.
Terry Savage: Ride out real estate trends with a place to live
For the vast majority of Americans, their home is their greatest lifetime investment. But as in all investing, timing is everything. The real advantage of putting money into home ownership is that you have the incentive to ride this investment out through ups and downs because not only is it an investment — it’s also the roof over your head!
Home prices make headlines when they reach extremes. In the mortgage crisis of 2008-2011, housing prices fell sharply. Many homeowners looked at the decline and decided it wasn’t worth paying the mortgage when the home was now “underwater” — worth less than the amount they owed on the mortgage. It was impossible to convince them that by walking away they were not only ruining their credit but also missing out on a future rebound.
By 2021, potential homebuyers were once again engaged in bidding wars and frantic efforts to snag a home from the competition. Prices soared, setting records, fueled by low mortgage rates. Just two years ago, 30-year mortgage rates were only around 3%.
Acura ZDX Type S will be first of many performance EVs
Acura will use its performance to distinguish itself from rival EVs, starting with the ZDX Type S launching early next year.
Mazda eyes EV battery supply partnership with Panasonic
Panasonic Energy would supply Mazda with automotive cylindrical lithium-ion batteries made in Japan and North America for Mazda EVs expected to be rolled out in the latter half of this decade, the companies said in a statement.
Guest commentary: Yes, auto shows are struggling. They're still as important as ever
Auto shows connect with customers, which translates into sales. Here’s how to make the most of them and bring them back to their glory days.