Lithium Americas Corp soars on California’s push toward electric vehicles

  • NYSE:LAC has stabilized around $15 after last week’s late surge. 
  • Lithium Americas Corp is benefiting from California’s drive toward electric cars. 
  • The firm’s sky-high predictions also boost the stock price.

California paves the way forward – whether for privacy regulations or for vehicles. The Golden State, which is the home of Silicon Valley, announced a ban on vehicles running on combustible engines by 2035. The goal is to push forward the usage of electric cars, which do not directly pollute the air.

EVs run on batteries, and the most significant component is lithium – and that is where Lithium Americas Corp comes into play. California Governor Gavin Newsom announced the ban on September 23, and that marks the low point for NYSE: LAC shares. 

Since then, it has been on the rise, accelerating its gains in recent days. 

Another positive factor boosting the firm is its own rosy predictions.

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Do You Own One Of The Most Stolen Vehicles In The U.S.?

As further proof that pickup trucks are becoming ever more dominant on the automotive landscape, the full-size Ford F-150 is now the most-stolen vehicle in the U.S. In fact, four our of the top 10 on the list of vehicles most-frequently driven off last year were pickups, That’s according to the annual “Hot Wheels” list compiled by the National Insurance Crime Bureau (NICB) in Des Plaines, Ill.

On the plus side, auto thefts have been declining in recent years. The NICB reports that 794,019 cars were stolen in the U.S. last year, versus 819,998 in 2018 and 833,740 in 2017. This is due in large part to increased use of coded “smart” keys, engine immobilizers and locating systems, and other factors.

While conventional wisdom might

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Woodland PD: 4 vehicles burned in repair shop arson

Three vehicles were totaled and another was damaged in an apparent arson fire at a Woodland auto repair shop Friday morning, police said.

The fire started shortly after 4 a.m. at Precision Auto Care on Main Street, the Woodland Police Department said in a news release. Arriving officers found multiple vehicles involved in fire.

Police gathered surveillance video from the business showing a suspect fleeing the area on foot shortly after the fire started.

“A vehicle in the lot was determined to be the original source of the fire and it appeared to have been set intentionally,” the news release said. “Three vehicles appeared to suffer total losses and one additional vehicle was damaged.”

Black-and-white surveillance video posted by Woodland police to Facebook appears to show a person in a dark-colored hooded sweatshirt running away from a vehicle fire in the Precision Auto Care lot.

Police are asking anyone with

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Electric cars really do cost less to own than gas-powered vehicles, report says

Electric car manufacturers have long claimed their vehicles are ultimately less expensive to own than their gas-powered counterparts, and it now looks like that wasn’t just classic marketing spin. Consumer Reports has published a study indicating that the most popular EVs are less expensive to own over their lifespans than the best gas cars in their respective classes. Among EVs under $50,000, you’d typically see costs drop between $6,000 to $10,000 versus a combustion engine car.



a car parked on the side of a road: Tesla Model 3


Tesla Model 3

The Tesla Model 3 delivered the most value in CR’s findings. The entry-level luxury EV represented a $15,000 savings compared to not only the best-selling car in its class (the BMW 330i), but also the best-rated (the Audi A4). This was generally true across the board, including plug-in hybrids as well as estimates for upcoming vehicles like Ford’s Mustang Mach-E. The savings could be particularly large if you buy a

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Suffolk County wrongly held auto company vehicles, federal lawsuits say

Subsidiaries of three auto companies and a bank that makes auto loans each sued Suffolk County in federal court this week, alleging the county wrongly held seized vehicles in which the plaintiffs held an interest.

The lawsuits allege Suffolk wrongly charged them for towing and storage.

Manhattan-based lawyer Nicholas Duston, representing leasing or lending arms of Hyundai, Nissan and Toyota; and the bank, Manufacturers and Traders Trust; filed the lawsuits in Eastern District of New York in Central Islip.

It seeks unspecified damages and a permanent injunction against “unconstitutional practices” by Suffolk County. The suits do not say how many vehicles may have been improperly held but called the county’s practices “regular and systematic.”

Duston filed a similar complaint in June on behalf of Santander Consumer, alleging the county wrongly seized a vehicle for which the bank was lienholder.

Dennis Cohen, an attorney for Suffolk County in the lawsuit, did

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Indian automobile retail sales rise in September, Passenger Vehicles segment back in green

India’s automobile retail sales rose in September on a sequential basis, industry data showed on Thursday.

However, sales remained in the red on a year-on-year basis.

The Federation of Automobile Dealers Associations data showed that vehicle registration in September rose to 13,44,866 units from 11,88,087 units sold in August and a retail off-take of 11,42,633 units in July.

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Nevertheless, on a YoY basis, September retail sales declined by 10.24 per cent to 13,44,866 units from 14,98,283 units off-take during the like month of last year.

Commenting on September’20 performance, FADA President Vinkesh Gulati in a statement said: “With the government’s persistent effort to unlock India, the month of September continued to witness automobile registrations on a rise as compared to previous months.

“Passenger Vehicles for the first time saw positive growth coming back on YoY basis. With social distancing on customer’s mind coupled with the government’s push to further

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Car rental customers are prioritising sanitised vehicles, not discounts

The highest priority for car rental customers during the Covid-19 pandemic is accessing fully sanitised vehicles, new research has revealed.

Robust social distancing measures during handover and the opportunity for contactless vehicle collection are also important.

In contrast, mandatory use of facemasks when using a rental vehicle is much lower down the priorities.

Saving money is also no longer a top priority.

The importance of sanitised vehicles for car rental customers is striking: it scored 9.7 out of 10, almost a full point higher than social distancing measures.

MD of agency Stressfreecarrental, John Charnock, is now urging the car rental industry to focus on these customer concerns by maintaining the highest possible hygiene standards.

He suggests deep-cleaning vehicles after each hire and voluntarily offering contactless vehicle collection.

Mr Charnock praised companies such as Hertz car rental, which has outlined its 15-step process for cleaning and disinfecting car interiors between rentals.

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25 best TV cars, trucks, motorcycles and other vehicles, ranked [PHOTOS]

Click here to read the full article.

It seems there’s a “day” for every little thing, and October 2 is National Name Your Car Day. I have not named my car, and in fact consider it a rather ridiculous concept – my fondness for my practical SUV is rooted mainly in its ability to get me from Point A to Point B. But this holiday did make me think back to some memorable cars from some favorite TV shows.

What makes a memorable vehicle from a television program? Just hearing the name of some shows will instantly conjure up a picture of its famous vehicle, which is so indelibly ingrained in the legacy of the program that the car is just as much a star as the human actors. (KITT of “The Knight Rider” would be very offended if you aren’t thinking of him). There are also some vehicles that

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Vehicles And Voting: What Your Car Might Say About How You’ll Vote

Politics may play more into what vehicle Americans prefer, consider or purchase, according to a survey conducted by Strategic Vision. Getty Images

A month ahead of the U.S. presidential election on November 3, 2020, pollsters might gain more insight into American consumers’ voting preferences by an unusual tell: the vehicle they drive.

According to data collected by market research firm Strategic Vision, there is a relationship between political leanings and car buying habits. For example, many Honda and Subaru drivers are more likely to lean Democratic and therefore vote for former Vice President Joe Biden. On the other hand, full-size pickup drivers lean heavily Republican and might be more likely to favor President Donald Trump. 

The insights come from the 2020 New Vehicle Experience Study, which Strategic Vision shared exclusively with Forbes Wheels. The study garnered more than 46,000 responses that provided insight into the relationship between vehicle purchases and

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TrueCar Shares Best End-of-Month Cash, Lease and Finance Deals on New Vehicles for September

SANTA MONICA, Calif., Sept. 29, 2020 (GLOBE NEWSWIRE) — TrueCar, Inc. (NASDAQ:TRUE), the most efficient and transparent online destination to find a car, today announced its list of the best end-of-month deals on new and used vehicle purchases and trade-in values for September 2020.

“Inventory availability on popular models continues to be a challenge this month and likely through the end of the year due to production pauses a few months ago, so consumers looking for the best deals will likely need to be flexible in their trim and model choices,” said Nick Woolard, Director of OEM Analytics.

“Now is also a good time to find a deal on the outgoing 2020 model year vehicles,” added Woolard. “Automakers typically begin introducing their new model year in the spring and summer and start discounting the outgoing model. This year there have been delays introducing the new models which means many of

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