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90% of the wagons still sold today offer some slightly lifted variant with body cladding and maybe a skid plate or two. Are they all that much more capable than a standard wagon? No, but looks and the idea that it can (possibly) go off-road go a long way. The silver lining is that we’re still getting the Panamera, even though it’s not a sales darling. In 2022, Porsche only sold 3,483 Panamera, less than the outgoing 718. These sales are much worse than the 911, which managed to move 10,204 in the same timeframe, and a far cry from sales of the Macan and Cayenne, both of which sold more than 20,000. We imagine this refresh will help to bring things back in line for the Panamera, but despite how loyal its fans are , things aren’t looking good. https://ift.tt/hYTSc2s Porsche Panamera Sport Turismo Off To Automotive Heaven Auto Updates

Mumbai, November 24:  BMW Motorrad introduced new BMW R 12 and BMW R 12 nineT motorcycles featuring classic design and modern specifications. The new bike models were introduced with several upgrades and cutting-edge features. According to BMW Motorrad, the BMW R 12 is the “New 1,170 cc Classic Roadster” and the BMW R 12 nineT is the “Cruiser successors to the R nineT”. The company informed that it might launch these new motorcycles in Q1 of 2024. BMW unveiled its first R nineT in 2014, and after nearly a decade, the new motorcycle is launched with familiar classic bike design and option for customisation . The new BMW R 12 and BMW R 12 nineT have been significantly upgraded compared to the previous models. The company has introduced a powerful engine, design, frame, suspension, unique features, and latest technology. Here are the features and specifications of the new motorcycles from BMW.  Yamaha R3, Yamaha MT-03 Launch on December 15: From Sp...

Human connection is key to improving collections in an environment marked by inflationary pressures and deteriorating credit performance.   Subprime borrowers are feeling the squeeze of higher costs for groceries, gas, rent and other everyday expenses. Auto lenders must be diligent when it comes to collections and monitoring for higher delinquencies and losses as consumers struggle to pay their auto debt .   Delinquencies 60-plus days past due sat at 5.75% across nonprime securitized auto loan pools during the August collection period, up 13 basis points (bps) month over month and 53 bps year over year, according to Kroll Bond Rating Agency ‘s September auto loan index. Nonprime annualized net losses climbed 82 bps MoM and 19 bps YoY to 9.02%. Sandy, Utah-based subprime auto lender Arivo Acceptance , for one, employs a relationship-focused approach to collections, Landon Starr , chief risk and information officer, told Auto Finance News .   Arivo has a “crad...

The factory Aprilia rider put in the first ever 1m28s lap at Circuit Ricardo Tormo with a 1m28.931s to take his first pole since Assen in 2021, two days prior to announcing he was quitting Yamaha a year early. He led from factory Ducati rider Bagnaia, who dominated Q1 before finishing Q2 in second, while title rival Jorge Martin finished just sixth for Pramac. Pramac’s Johann Zarco will line up third in his final race with the Ducati satellite team before moving to LCR Honda next season. It hands Bagnaia the advantage heading into this afternoon’s sprint race, where he can clinch his second consecutive title if he outscores Martin by four points. Martin narrowly escaped disaster at the start of Q2 after Marc Marquez’s tear off nearly got caught in his airbox, with the Pramac rider quickly stopping the offending debris with his hand. Vinales took an early lead with a 1m29.534s after the first laps, before he was bettered by factory KTM rider Brad Binder, with Martin second and Bag...

Rear view of couple traveling through car. Maskot | Maskot | Getty Images A recall on your vehicle can derail your travel plans, depending on the issue at hand.  It’s an issue plenty of drivers have to consider this fall. Subaru, Volkswagen, General Motors , Mercedes-Benz, Toyota and Honda Motor are among the vehicle manufacturers that have issued recall notices with the National Highway Traffic Safety Administration in November — collectively affecting more than 2.3 million vehicles. Among those, Toyota recalled nearly 1.9 million RAV4s to fix a battery issue that could potentially cause a fire. Honda Motor issued a recall last week on nearly 250,000 Honda and Acura vehicles due to a manufacturing error that may cause engine damage . Luckily, “recalls are covered repairs by the automaker at no cost to the consumer,” said Tom McParland, contributing writer for automotive website Jalopnik and operator of vehicle-buying service Automatch Consulting. If a driver’s vehic...

One of the cooler features on the fully redesigned 2024 Lincoln Nautilus is its Rejuvenate feature. Lincoln describes Rejuvenate as a “multisensory, in-cabin experience including lighting and digital scenting.” Unfortunately, one of the more innovative and high-end features on the Nautilus won’t be available at the time of launch. According to a letter that was sent to dealers, the 2024 Nautilus will not be available with Rejuvenate due to “feature readiness.” The letter claims that Lincoln will give shoppers who have a current order for a Nautilus a choice of a $200 credit or the opportunity to not follow through on their orders. “To ensure the highest quality experience for our Nautilus clients, we are taking additional time to ensure feature readiness and testing,” reads the letter. “Lincoln Rejuvenate will not be available to clients at launch and will be delivered retroactively in the future via a software update.” Lincoln delaying the launch of Rejuvenate, which sounds innov...

We drove the 2024 Hyundai Ioniq 5 N, Bugatti revealed the Bolide’s production interior, and the 2025 Hyundai Ioniq 7 continued testing. It’s the Week in Reverse, right here at Motor Authority. We had our first stint behind the wheel of the 2024 Hyundai Ioniq 5 N . It’s one of the first electric vehicles to bring big performance without daily compromises. Ferrari patented a vehicle controlled by two joysticks. The radical steering system described by the patent includes a joystick on either side of the driver’s seat, and moving them in combination would allow the driver to control the direction of a vehicle. Bugatti revealed the production Bolide’s interior and it’s even wilder than the design shown in the original Bolide concept car. Most of the surfaces feature carbon fiber that is actually from the exposed tub underpinning the track-only hypercar. BMW produced its last German-built gas engine . The engine was a twin-turbo V-8. The automaker is shifting production of its inte...

Looking for more Black Friday deals? Bookmark our collection page , where we’ll be highlighting the best savings, discounts and promotions throughout the month. Blundstones were once the boots of choice for Tasmanian farmers but have grown to become go-to footwear for people the world over. Their rugged soles and comfortable pull-on style have made them versatile boots, especially for transitional weather. If you’re in need of a good everyday boot, consider this solid (and quite rare) Blundstone Black Friday deal . The brand’s iconic boots are all discounted by up to $55 sitewide between Thursday (November 23) and Monday (November 27). Simple, straightforward, stylish, durable, dependable — all these words and more are good descriptors of what you can expect from these iconic Chelsea boots. They’re great for hitting the town on colder nights, doing some work around the yard on short fall and winter days and they’ll keep your feet comfortable and protected no matter what. The one d...

The new starting price for the 2024 Nissan Armada full-size SUV climbs nearly $5,000 more than the 2023 model , Nissan disclosed last week. The brand dropped the base S trim, so the entry-level Armada SV comes better equipped but for a price of $57,345, including an $1,895 destination fee that has jumped at least $100 in each of the past three years. The 2022 model had a destination fee of $1,495.  The total price increase for the base 2024 Nissan Armada is $4,850, or an 8.5% increase. Otherwise, there are no changes for the 2024 model year. Related to the Infiniti QX80 that’s expected to be redesigned for the 2025 model year , the aging Armada uses a 400-hp 5.6-liter V-8 with a 7-speed automatic transmission. The optional four-wheel-drive system also has a 2-speed transfer case for more capable off-roading than many other full-size SUVs such as the Chevy Tahoe and Ford Expedition . Four-wheel drive adds $3,000 on any trim.  Offered in SV, SL, and Platinum grades, the...

On November 23, Elon Musk posted on X: “Cybertruck is heading to North America!” A week ago, Elon Musk tweeted on X about the Cybertruck delivery event to be held on November 30, 2023. tesla oracle post , Tesla unveiled the Cybertruck to the public outside the 30th Baron Investment Conference in Lincoln Center, New York. This allowed Cybertruck buyers to see the vehicle in person for the first time. Tesla may launch ‘budget-friendly’ EV model in India after debut in Germany: Report. Official post about Elon Musk’s X on the Tesla Cybertruck: The Cybertruck is heading to Tesla stores in North America! https://t.co/deuRQr72DI — Elon Musk (@elonmusk) November 22, 2023 (At SocialLY, we bring you all the latest breaking news, viral trends, and information from the world of social media, including Twitter, Instagram, Youtube, and more. The post above is embedded directly from a user’s social media account and posted by latestLY Staff The views and facts expressed in social media pos...

relationships are key Collection improvements In an environment characterized by inflationary pressures and deteriorating credit performance. Subprime borrowers are Feeling pressured by high costs For groceries, gas, rent, and other everyday expenses.Auto finance providers, as consumers, must be diligent in monitoring collections and increases in delinquencies and losses. I’m having trouble paying my car loan . According to financial institutions, the overall delinquency rate for non-prime securitized auto loans that were overdue for 60 days or more during the collection period in August was 5.75%, an increase of 13 basis points (bps) from the previous month and 53 bps from a year earlier. Kroll bond rating agency September auto loan index. Non-prime annualized net loss increased 82 bps month over month and 19 bps year over year to 9.02%. Subprime auto lender based in Sandy, Utah Accepting Arivo One is that we take a relationship-focused approach to collections. landon star ...

The French player made a successful attack. Finished 4th in Las Vegas from 16th on the grid Saturday was one of his best race performances of the year. However, it was not without intrigue, as television footage showed him overtaking Alpine teammate Pierre Gasly shortly after receiving a radio message from the pit wall telling him to “hold your position”. Ocon has previously been known to be very ruthless when it comes to fighting with his team-mates, but he revealed that this situation had nothing to do with him trying to get ahead of Gasly. Instead, it was explained by him not listening correctly to what was said to him on the radio. Speaking to Sky about what happened, Ocon said: “Pierre was on old tires at the time and I think he was told, ‘Hold your position’.” “But at the time, I didn’t know that it meant ‘holding a position.’ I was basically doing what I was told, so all I heard was ‘position.’ “If the team had asked me to return my position, I would have done so in a hea...

Ford CEO Jim Farley said at a press conference that Ford Motor Co., Ltd. is partnering with China-based Contemporary Amperex Technology Co., the world’s largest battery company, to open a new factory in Michigan on February 13th. announced that it will build an electric vehicle battery factory in Marshall. 2023, Romulus, Michigan. Bill Priano | Getty Images News | Getty Images Detroit – ford motor The company is scaling back plans for a $3.5 billion battery factory in Michigan as consumers move more slowly than expected to electric vehicles, labor costs rise and the company moves to cut costs. Ford executives including CEO Jim Farley and Chairman Bill Ford first announced This is the facility in February. His ties to Chinese battery maker Contemporary Amperex Technology (CATL) quickly made him a political target. The plant is a wholly owned subsidiary of Ford, but the U.S. automaker has licensed technology from CATL to produce new lithium iron phosphate (LFP) batteries for...