Honda’s new family of all-electric vehicles, called the Ye Series, goes on sale in China this year and advances the Japanese carmaker toward a next-generation of software-powered EVs that are bound for the U.S. and other markets.
Port Canaveral saw just under 800,000 cruise passengers move on and off its ships in March as part of a record year that keeps topping expectations.
That set a one-month record for the port with an average of nearly 25,600 people a day around 93 cruise ship calls. March is traditionally one of the strongest months of the year for the port with its spring break traffic.
It also marked the halfway point of the fiscal year that began in October 2023. Six months in, the port has seen 3.9 million passenger movements from 479 ship calls.
“The industry itself is very, very strong right now,” said Port CEO Capt. John Murray at the port commission meeting on Wednesday. “There’s a lot of expansion plans. The companies are starting to reorder ships again after the pandemic.”
That includes more ships from Norwegian Cruise Line, which has been sending its new vessels to Port Canaveral as they debut including next year’s Norwegian Aqua.
“So a lot of great things, a lot of great things, a lot of enthusiasm and I can say that the industry is 110% of what it was prior to the pandemic,” Murray said. “They are back and booming right now. So we’re fortunate to be taking advantage of that here at the port.”
By FATIMA HUSSEIN (Associated Press)
WASHINGTON (AP) — About one-quarter of U.S. adults age 50 and older who are not yet retired say they expect to never retire and 70% are concerned about prices rising faster than their income, an AARP survey finds.
About 1 in 4 have no retirement savings, according to research released Wednesday by the organization that shows how a graying America is worrying more and more about how to make ends meet even as economists and policymakers say the U.S. economy has all but achieved a soft landing after two years of record inflation.
Everyday expenses and housing costs, including rent and mortgage payments, are the biggest reasons why people are unable to save for retirement.
The data will matter this election year as Democratic President Joe Biden and Republican rival Donald Trump are trying to win support from older Americans, who traditionally turn out in high numbers, with their policy proposals.
The AARP’s study, based on interviews completed with more than 8,000 people in coordination with the NORC Center for Public Affairs Research, finds that one-third of older adults with credit card debt carry a balance of more than $10,000 and 12% have a balance of $20,000 or more. Additionally, 37% are worried about meeting basic living costs such as food and housing.
Group 1’s net income fell, while revenue and new- and used-vehicle sales grew.
Lithia Motors said it sold 188,119 new and used vehicles, with gross profit per vehicle dropping 22% to $4,346 in the first quarter.