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Evergrande’s billionaire boss exudes calm as debt risks grow

Evergrande’s billionaire boss exudes calm as debt risks grow

HONG KONG — Mingling with power brokers at celebrations to mark the centenary of the Chinese Communist Party on July 1, a beaming Hui Ka Yan showed no signs that his company, China Evergrande, was facing mounting pressure with debt repayments. Hui, wearing a navy-blue...
Stellantis moves to set up its own lending unit

Stellantis moves to set up its own lending unit

Stellantis is buying Houston-based auto lender First Investors Financial Services Group to set up its own finance arm in the U.S., a move that should support sales and eventually boost profit. The only major traditional automaker in the U.S. without its own finance...
Car Hacking Danger Is Likely Closer Than You Think

Car Hacking Danger Is Likely Closer Than You Think

Connected cars are great, until they’re not. A recent Detroit Free Press article shows that vehicle hacks are more common and more dangerous that most people realize.There were at least 150 automotive cybersecurity incidents in 2019, part of a 94 percent...
New Mercedes fashion line turns used airbags into streetwear

New Mercedes fashion line turns used airbags into streetwear

It’s been 50 years since the patent for the airbag was filed. Now, the humble safety equipment has been turned into a fashion statement by Mercedes-Benz. The supplemental restraint devices can now be worn as jackets, bags, and what can only be described as a...
2022 Nissan Altima

2022 Nissan Altima

Overview The 2022 Nissan Altima is a wholly competent mid-size sedan that fills the void between the less and more desirable alternatives in the segment. The Nissan isn’t as holistically excellent as the Honda Accord nor is it as ho-hum as the VW Passat....