In a trade-in transaction, you need to have the money to buy a new car, but you can use your used car to offset part of the total SRP Want to get rid of your car, but can’t decide whether to sell it privately or trade it in? First, you need to have a deeper… Continue reading Should You Trade in a Car with Problems? Pros and Cons
GM Cruise self-driving car unit to tap $5 billion credit line
General Motors began assembling the first of approximately 100 pre-production Cruise Origin all-electric vehicles, which will be built for verification testing this summer, Cruise said. Cruise, a self-driving car subsidiary, which is majority-owned by General Motors, said on Tuesday that it will receive a multi-year US$5 billion credit line from General Motors’ financial department to fund its… Continue reading GM Cruise self-driving car unit to tap $5 billion credit line
Why old-fashioned drum brakes may be the way of the future for EVs
Disc brakes have a pair of brake pads attached to a calliper, which squeezes down to create friction and slow the rotation of the wheel Drum brakes are an OG technology that has been around for almost as long as a car. This brake was first developed in 1899 and can be found in some early prototypes… Continue reading Why old-fashioned drum brakes may be the way of the future for EVs