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...Among the bigger companies are Copart and Insurance Auto Auctions, which auction off junked cars; LKQ, which sells salvaged parts to repair shops and retail customers; and Boyd Group Services, which buys...
...Many renters, meanwhile, still preferred traditional cars and hybrids, leaving Hertz car lots full with Teslas even after it offered drivers heavy discounts....
...Still, Musk said high interest rates were hurting demand for the company’s cars as they swelled owners’ monthly car payments....
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...It took nearly eight years to sell the first 1mn battery-powered cars, trucks and vans in the US, a milestone hit in 2018....
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...The writer is a contributing columnist, based in Chicago I don’t want to live forever — but 100 sounds like a nice round number....
...The Gramercy International Art Fair eventually gave rise to The Armory Show, a far more ambitious project held across two waterfront piers, which was recently acquired by Frieze along with Expo Chicago....
...Tesla’s proprietary charging network helped power its rise as the dominant US electric-car maker....
...Musk and Farley bantered, traded compliments and exclaimed about the difficulties of building cars on the 30-minute livestream that attracted more than 100,000 listeners....
...Domestic steel prices have improved since former President Donald Trump imposed tariffs on imports and demand increased from the car industry....
...It’s to unlock things we couldn’t do previously,” says Shirley Meng, battery professor at the University of Chicago....
...Chicago-based GTCR will invest more than $5bn of equity into Worldpay, and values FIS’s 45 per cent equity interest at about $4.5bn, according to sources familiar with the matter....
...Angry fans set cars and buses on fire....
...Lucid, which makes luxury electric cars, on Monday reduced production guidance from 14,000 to 10,000 vehicles, saying worries about the wider economy coupled with higher interest rates were forcing the company...
...And at Chicago’s Hindman auction house on May 11, first editions of Jane Austen’s five major novels made more than $300,000 combined, topped by the three-volume “Pride & Prejudice” (1813), which sold for...
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...The gallery shows this week at the Expo Chicago fair (April 13-16) then at Art Brussels (April 20-23) and is currently in the four-gallery event Preview in Milan (until April 23)....
...The Andy Warhol: Social Network auction runs until April 3....
...But gone is the sense of euphoria or achievement that was prevalent in 1989, when Japanese exports of cars and televisions soared and a rise in property prices appeared unstoppable....
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