Tag: 0 interest for 72 months

Hertz, Looking to Get Renters into EVs, Is Offering Summer DealsHertz, Looking to Get Renters into EVs, Is Offering Summer Deals

When you start buying up tens of thousands of electric vehicles, you may have more on hand than renters want. Hertz is doing what it can to encourage its renters to ask for one of the many EVs in its fleet, with discounted prices and free rental days through the end of the summer. If you rent an EV for at least two days by September 6, for example, you’ll get a free rental day. Hertz is also offering a separate 30 percent discount on EV rentals until the end of August. As part of a massive investment in electric… [...]

Multibillion-dollar Stellantis, VW deals described as new ‘auto pact’Multibillion-dollar Stellantis, VW deals described as new ‘auto pact’

Breadcrumb Trail Links Local News Published Jul 07, 2023 • Last updated 5 days ago • 4 minute read It’s back to work on the $5-billion NextStar EV battery plant construction site in Windsor, shown on Thursday, July 6, 2023. Photo by Dan Janisse /Windsor Star Article content The joint funding partnership between the federal and provincial governments to secure the NextStar electric vehicle battery plant in Windsor is being hailed as a new “auto pact.” Advertisements 2 This advertisement has not been loaded yet, but your article continues below. [...]

Esports Automotive Deals : team vitality 3Esports Automotive Deals : team vitality 3

Team Vitality is partnering with automotive brand KIA for a new two-year deal that revolves around content creation. The primary focus of this initiative centers around the immensely popular game League of Legends while also encompassing KIA’s role as the official supplier for Team Vitality’s LFL and LEC rosters. While specific details regarding the content series within the campaign have not been disclosed, it is anticipated that a diverse range of content will be produced to captivate and engage fans. The mutually beneficial partnership aims to cultivate fan interaction through an engaging campaign titled ‘The Lane of Movement.’ “We [...]

MULN Stock: 5 Signs That Mullen Is Entering a ‘Death Spiral’MULN Stock: 5 Signs That Mullen Is Entering a ‘Death Spiral’

Mullen Automotive (NASDAQ:MULN) has long surprised me with its ability to stay alive. Every time cash has run short, the firm has managed to issue more convertible debt and spin it to retail investors as a positive event. “As of Feb. 28, 2023, Mullen has $87,400,009 of cash and cash equivalents, including restricted cash, and Mullen expects to receive an additional $110 million from firm commitments by June 1, 2023” a March press release noted. Even its overpriced acquisitions have been a masterclass in how to hide intangible assets. I detailed here how Mullen’s financials likely overstate the carrying [...]

M&A activity related to electric vehicles will decrease in the automotive industry in 2023M&A activity related to electric vehicles will decrease in the automotive industry in 2023

In value terms, electric vehicles-related deal activity increased by 425% in Q1 2023 compared with the previous quarter’s total of $419.2m and fell by 16% as compared to Q1 2022. Related deal volume decreased by 23% in Q1 2023 versus the previous quarter and was 19% lower than in Q1 2022. The top-ranked financial advisors supporting these M&A deals in Q1 2023 were ACP Capital Markets; Benchmark Investments; Rothschild & Co with 1, 1, 1 deals respectively. The top-ranked legal advisors supporting these M&A deals in Q1 2023 were J Sagar Associates; Jones Day; Norton Rose Fulbright with [...]

Best EV Lease And Financing Deals In May 2023Best EV Lease And Financing Deals In May 2023

It seems EV lease and financing deals are already improving notably in 2023. That said, it might be safe to assume that most deals will never go back to the way they were before the pandemic. At any rate, if you’re going to buy or lease an EV this year, at least you’ll be appreciated of what manufacturers are advertising promotions. While some brands haven’t yet published their manufacturer-sponsored leasing and financing offers this month, we like to get this article out as soon as deals begin to publish. It’s our hope that you can use this article to [...]

Dodge Sending Off Internal Combustion Challenger With 1,000-hp DemonDodge Sending Off Internal Combustion Challenger With 1,000-hp Demon

It almost seems hard to believe, but the mighty Dodge Hellcat appeared on the scene in 2015 with 707 horsepower from a supercharged 6.2-liter V8 engine. Not only does the Hellcat have a stirring name, its insane amount of power and exhilarating performance ensured Dodge’s place in the muscle car wars against Ford and Chevrolet. Unfortunately, the muscle car era is coming to an end. In typical Dodge fashion, it wants that end to be loud and smokey with the introduction of the 2023 Dodge Challenger SRT Demon 170. The name that Dodge chose for its “Last Call” [...]

Car Rental Companies Expanding Again, Leading to Spring DealsCar Rental Companies Expanding Again, Leading to Spring Deals

Young whippersnappers might not remember that you didn’t always have to take out a loan to rent a car for the weekend. Thankfully, after the pandemic years, prices are coming down, and there are even deals to be had. Signs that the rental-car industry is turning around can be found in recent expansion announcements, both about new cars being added to fleets and more rental counters in more locations. We found some deals from Sixt, Hertz, and Avis in case you’re looking for temporary wheels soon. The rental-car world is shifting back to normal, sort of. These past few years… [...]