July 24, 2021
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Vehicle submerged in Colorado pool inspires perfect response from local police
The scorching hot used car market may finally be cooling off
Chippewa Falls man helps others one bicycle at a time
Penske Automotive Group and Cox Automotive Debut Automated Platform for Retailing Used Vehicles
DC police ask for help to ID vehicle used in shooting death of 6-year-old
EV Stocks Could Fly This Summer
Solon Bicycle moves to new location | Destination
HAAH gives up on Chinese cars, will file for bankruptcy
Kansas City police say officers shot at man when vehicle continued to approach them during traffic stop
Brent Spence Bridge project 50% complete, transportation cabinet says
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Vehicle submerged in Colorado pool inspires perfect response from local police The scorching hot used car market may finally be cooling off Chippewa Falls man helps others one bicycle at a time Penske Automotive Group and Cox Automotive Debut Automated Platform for Retailing Used Vehicles DC police ask for help to ID vehicle used in shooting death of 6-year-old EV Stocks Could Fly This Summer Solon Bicycle moves to new location | Destination HAAH gives up on Chinese cars, will file for bankruptcy Kansas City police say officers shot at man when vehicle continued to approach them during traffic stop Brent Spence Bridge project 50% complete, transportation cabinet says
Jul
2021
23

Vehicle submerged in Colorado pool inspires perfect response from local police

Police in Lakewood say the incident occurred when a teen driver accidentally put the vehicle in reverse. (Lakewood Police)

LAKEWOOD, Colo. (KDVR) – No one was hurt after a vehicle ended up in a pool in Colorado on Thursday afternoon.

Police in Lakewood say the incident occurred when a teen driver accidentally put the vehicle — an Infiniti — in reverse. The driver and the adult passenger got out safely. The teen driver has been cited for careless driving.

Police thanked fire crews for helping with the follow-up work, as well as a local towing company that assisted officers in getting the car out of the water.

The incident, while serious, also inspired a few “carpool” jokes on Twitter. But the Lakewood Police offered up their own knee-slapper, which they deemed to be the best possible one-liner.

“Just FYI, the best line for this is ‘Check out our new Infiniti Pool.’ Everyone else is battling for second place.”

Jul
2021
23

The scorching hot used car market may finally be cooling off

But two new reports indicate that things may be starting to cool off.

Wholesale used car prices — what car dealers pay for the cars they sell to customers — fell in the first two weeks of July, while used vehicle inventories at dealerships increased, according to Cox Automotive.

In addition, the retail price of used cars — the amount consumers pay — has continued to increase, but at a slower pace over the past month, according to a separate Cox Automotive report. While it’s not certain yet, Cox Automotive analysts think retail prices will start coming down over the coming weeks.

Getting all the way back to normal will still take a long time, however, said Charlie Chesbrough, a senior economist at Cox Automotive.

Used car prices have been driven to extremes, thanks to a combination of demand from consumers wary of taking public transportation and a major shortage in the computer chips needed to make new cars.

The average price of a used car in the United States passed $25,000 for the first time ever at the end of June, a 26% increase from the year before and up 29% from two years ago.

Wholesale used car prices are also beginning to taper off. According to a recent Manheim Used Vehicle Value Index report, wholesale used car prices, overall, are still up almost 25% compared to a year ago. But, in the first weeks of July, prices dropped 1.7% compared to the month before.

These price comparisons are statistically adjusted for the differing mix of vehicles sold and for normal seasonal fluctuations, according to Cox.

“The latest trends in the key indicators suggest wholesale used vehicle values will continue to see a similar amount of depreciation in the days ahead,” the report said.

Manheim, a subsidiary of Cox Automotive, is America’s largest seller of wholesale used vehicles to auto dealers.

While the used car market is no longer at a full rolling boil, it will take some time for ordinary car shoppers to notice a difference, Chesbrough said.

“This frenzy to acquire inventory is backing off a little bit so the price is starting to come down a little bit,” Chesbrough said. “That generally means that, four to eight weeks from now, on the retail side, we should see the froth come down a little bit, a little bit less upward pressure.”

Used car prices still aren’t expected to return to anywhere near what they were before the coronavirus pandemic anytime soon, he said.

“My sense is that given the supply shortage on the new [car] side, we’re looking at a used market that’s going to be constrained for supply for the foreseeable future,” he said, “and those prices are going to remain elevated as a result.”

Jul
2021
23

Chippewa Falls man helps others one bicycle at a time

CHIPPEWA FALLS, Wis. (WEAU) -Bicycling helped him on the road to recovery after a car crash in 2014. Today he’s using that passion to help others.

“40…45..50…55…60…65…66. 466.” Michael Van Dusseldorp counts the tick marks on the wall of his garage turned bicycle shop called New Life Recyclery.

The marks represent the number of bicycles he has fixed since starting in March.

“Once I get something in my head I just go for it, and that’s kind of what this turned into, and I was like I love this, and honestly now nothing else matters because this is where my heart’s at,” Van Dusseldorp said.

Van Dusseldorp takes bicycles in just about any state. If he can’t fix it up, he can try to use its parts to repair a different bike.

After fixing one up, the next step is to give it to someone in need.

“You can give someone a bus pass, but a bus pass too, it expires or buses only go to certain spots,” Van Dusseldorp said. “With this, they have a bike that is their own. They actually own something which gives them that kind of sense of pride, and it allows them to go anywhere.”

This mobility is a chance at a fresh start.

That’s something bikes helped Van Dusseldorp with after experiencing head trauma from a car crash.

“I was constantly in pain, and just laying in bed feeling sorry for myself, and it got worse and worse which made my depression worse and worse because I felt useless,” Van Dusseldorp said. “It wasn’t until I started doing bikes, and I obviously have to ride and test them and make sure they are okay after I fix them, and I started doing that, and I was like oh, I actually feel kind of better.”

One bicycle at a time, Van Dusseldorp said his greater goal is to let those who may be homeless know that someone cares.

New Life Recyclery is expanding its services.

It also offers food, tents, work boots and more for those experiencing homelessness.

To find out more or for details on how you can help, click HERE.

Copyright 2021 WEAU. All rights reserved.

Jul
2021
23

Penske Automotive Group and Cox Automotive Debut Automated Platform for Retailing Used Vehicles

In the news release, Penske Automotive Group and Cox Automotive Debut Automated Platform for Retailing Used Vehicles, issued 22-Jul-2021 by Penske Automotive Group, Inc. over PR Newswire, in the first sentence of the second paragraph, Cox Automotive’s technology should be “Esntial Commerce” and not “Essential Commerce”, as originally issued inadvertantly by PR Newswire.

Penske Automotive Group and Cox Automotive Debut Automated Platform for Retailing Used Vehicles

Digital Platform Enables Consumers to Transact 100% Online

BLOOMFIELD HILLS, Mich. and ATLANTA, July 22, 2021 /PRNewswire/ — Penske Automotive Group, Inc., (NYSE:PAG) and Cox Automotive, Inc. (“CAI”), announced today they have jointly developed a transformational, fully automated technology platform to enable the online retail sale of used vehicles. The automated online buying platform, which is owned exclusively by Cox Automotive,allows consumers to select from high-quality, preowned vehicles through PAG’s U.S. CarShop used vehicle SuperCenters and franchised dealerships.

Cox Automotive’s patent-pending artificial intelligence retail technology, Esntial Commerce™, powers CarShop’s U.S. digital platform to provide consumers with an automated,100% online vehicle purchase.  Features include personalized monthly payments across all inventories, trade-in capabilities, application, approval for financing, digital contracting, and digital signatures.

Esntial Commerce offers payment personalization based on the consumer’s risk profile, selected vehicle, and preferred deal structure using an AI/machine learning algorithm. Offering actual financing and the ability to immediately transact online allows consumers to move forward confidently, knowing their financing has been approved.

This industry-first scalable eCommerce platform and its artificial intelligence enable automation for retail operations so that consumers can:

  • Instantly compare up to four vehicles
  • Receive personalized payments for the consumer’s selected vehicles based on each consumer’s credit profile, including payments for taxes, titling, and other fees
  •  Select their payment terms based on credit profile
  •  Add aftermarket protection products
  • Determine trade-in value
  • Receive approval for financing
  • Complete and sign deal paperwork online
  • Make any required down payment
  • Arrange for delivery directly to the consumer’s preferred location, either at home or one of CarShop’s U.S. locations

CarShop is the first retailer in-market with Cox Automotive’s industry-leading solution. Penske Automotive Group Chair Roger Penske said, “Over the last year the PAG and CAI teams have collaborated on this unparalleled technology that delivers a completely digital solution to the marketplace. This new digital platform meets the digital-first demands of today’s customer while providing us with the opportunity to offer our customers 100% online functionality.” 

“Penske’s CarShop powered by Cox Automotive Esntial Commerce delivers personalization, F&I automation, and a seamless closing of the transaction when buying a vehicle online,” said Steve Rowley, President, Cox Automotive. “No one has delivered an automotive eCommerce solution that can scale to support the industry’s transformation for retailers and for consumers – until now. As our solution matures, we expect it to drive both consumer satisfaction and profitability.”

PAG has launched this fully functioning digital platform in select markets through its CarShop used vehicle SuperCenters at www.carshop.com.  Cox Automotive continues to focus on development to further enhance the user experience, operational efficiencies, market

Jul
2021
22

DC police ask for help to ID vehicle used in shooting death of 6-year-old

D.C. Police Chief Robert Contee asked for the public’s help in identifying a silver sedan used in a Friday night drive-by shooting that left six-year-old Nyiah Courtney dead.

D.C. Police Chief Robert Contee, flanked by D.C. Mayor Muriel Bowser at a Saturday afternoon news conference, asked for the public’s help to identify a silver sedan used in a Friday night drive-by shooting that left six-year-old Nyiah Courtney dead.

The vehicle of interest D.C. police are asking for the public’s help in identifying. (Courtesy D.C. Police)

Contee also said a reward no less than $60,000 is being offered to anyone who can provide information leading to an arrest in the crime that killed the girl and wounded five others.

“Together we will do whatever it takes to close this case in a swift and professional manner,” Contee said.

Contee said Nyiah would have been starting the first grade this fall. “And now that won’t happen,” he said.

He urged the community to come together to curb the ongoing gun violence in the city.

“We have a collective responsibility to ensure our children have every opportunity to be safe from violence. I am asking that we all stand together and say no more. I am sick and tired of being sick and tired,” Contee said.

Police released a video Saturday showing a silver sedan driving through the intersection of Martin Luther King Jr. and Malcolm X avenues in Congress Heights at approximately 11 p.m. Friday. Contee described the event as “a drive-by shooting.”

In total, six people were shot, including Nyiah Courtney, who was taken to a hospital where she would be pronounced dead. Three men and two women were also taken to area hospitals with non-life-threatening injuries.

Contee and Bowser urged city residents to help police identify the owner of the vehicle, its driver and other passengers.

“We ask that people take a moment to see if they recognize the car and provide tips or information to bring closure for Nyiah,” Contee said.

Justice for Nyiah was the news conference theme.

“We know from past instances that the community can help us close cases by sharing information or simply reposting images,” he added.

The FBI and the ATF are partnering with D.C. police to help identify the shooter. The agencies also contributed towards the reward.

During the news conference officials acknowledged they did not yet know what the motive for the shooting was.

Community members attending the news conference said they wanted more from the police.

“I charged the police with a simple thing,” Bowser said. “What I believe is we don’t let people get away with murder in our town. We have to stand up against it. We don’t let anybody get away with murder. And we don’t do street justice because then other innocent people get caught up in it. Law enforcement is responsible for arresting and ensuring justice.”

Contee pleaded with the

Jul
2021
22

EV Stocks Could Fly This Summer

While the EV boom has been growing for years, 2021 could be the year electric starts to take over everything.

And it could happen much sooner than most people realize, as some of the biggest names are already hopping on board.

Amazon has already started making deliveries with electric vans in Los Angeles, as they’ve agreed to purchase 100,000 vans from EV startup, Rivian.

Rivian

The United States Postal Service just signed a 10-year, multi-billion dollar contract with Oshkosh Defense to produce thousands of electric mail trucks.

Mail

Mail

And United Airlines just placed an incredible $1 billion order with EV manufacturer, Archer, for a fleet of electric air taxis.

Plane

Plane

Legacy automakers are all making the shift too, rolling out their line of electric vehicles one by one.

Ford is set to double their investment in EVs to $22 billion, and they’re planning to release their electric version of the Mustang and the F-150, the most popular vehicle in the U.S.

Volkswagen is calling their 2021 electric crossover, the ID.4, “the most important new Volkswagen debut since the Beetle.”

And General Motors has even announced they’ll stop making gas-powered vehicles altogether by 2035.

Now, Biden has even announced plans to transition all government fleet vehicles to EVs.

This electric revolution has already led to monster gains for EV companies throughout 2020.

The EV van startup, Workhorse, saw gains of over 551%

Tesla’s shares shot up a massive 740%

And Blink Charging soared for incredible 1,740% gains last year.

Now, many investors are looking ahead for the next big thing in the EV markets.

And one Canadian company in EV related business has seen its momentum building steadily over the last year.

Facedrive (TSXV:FD,OTC:FDVRF) has been acquiring key pieces left and right, adding them to their electric ecosystem alongside their signature ridesharing service.

With these acquisitions, they’ve brought the EV boom into food delivery, car subscriptions, and more.

And now that Facedrive has announced a major government investment in their technology, their business could be set to take off in 2021.

Here are 3 reasons why you should be paying attention to Facedrive:

1 – Bringing EVs to the Gig Economy

Many of the biggest EV stories of late have come from either the automakers rolling out new models or companies working on building out the infrastructure…

But Facedrive is taking a different approach.

Instead, they’re using the cars those automakers have already made and turning them into an entire EV-related ecosystem.

So just like Uber has built their $96 billion business off leveraging cars they never manufactured, bought, or sold…

Facedrive connects customers looking to hail a ride, providing an eco-friendly solution.

Their model is simple.

When customers request a ride, they get their pick between riding to their destination in a standard gas-powered car, a hybrid or an electric vehicle (for no extra charge to them).

Then Facedrive’s algorithm crunches the numbers, setting aside a portion

Jul
2021
22

Solon Bicycle moves to new location | Destination

Dan Sirkin’s childhood expertise as a BMX champion led him to become president and owner of Solon Bicycle, a 17-year career thus far that he called “exhausting, but super fun.”

Solon Bicycle serves Solon and the surrounding community with their bicycle needs, whether it is casual neighborhood-style bikes or BMX bikes.

At 12 years old, Sirkin began competing in flatland freestyle, a type of BMX competition that takes place on a smooth surface with no ramps, jumps or grind rails. The purpose of the competition is to perform tricks and gain high scores from judges.

During his 34 years of flatland freestyle, Sirkin competed nationally as a sponsored professional. Two years ago, he switched disciplines in order to start racing. Sirkin built a team of about 30 riders. After starting as a novice, Sirkin worked his way up to the expert level. At the end of 2020, he was the USA BMX state champion in Ohio for the 46 to 50 age group.






Dan Sirkin competes in the Ohio State Championship Series.




The award is presented to the racer with the most points accumulated at four tracks around Ohio, concluding with the finals in Akron.

Sirkin said this experience has carried over into the business he has been running since 2004.

“It’s been really great, actually,” Sirkin told the Cleveland Jewish News June 22,. “We sell so much BMX racing equipment, whether it’s bikes, parts or helmets. And that’s a market that we never did before. And it’s a market that no other shop in this area does. It’s something that, since we do it, we know it really well. Our business has definitely gone up just from that segment alone.”

The Solon resident has worked at bike shops since 1992, when he joined Solon Bicycle as an employee. He then worked in the industry for about a decade as an outside sales representative for a bicycle brand before reeturning to purchase Solon Bicycle in 2004.

Sirkin’s customers, whom he said come from as far as about 15 miles, have followed him since his move in February to 33113 Aurora Road, a few miles from his previous location.






Photo P (Solon).jpeg

In February, Solon Bicycle moved to 33113 Aurora Road, a few miles from its original location.


Because of the ripple effects from the COVID-19 pandemic, Sirkin said he has had to get creative in keeping up with the demand of the market. While there are normally about 300 bikes in stock, he said they are only carrying about 50 at this time.

Sirkin said in a non-COVID world Solon Bicycle would make large orders from two or three suppliers every week. Now, he juggles smaller orders from about 10 different suppliers.

Through all of the challenges and changes his store may have faced, he said he has built a loyal customer base because of honesty and experience.

“Our core value has always been full transparency at all times,” Sirkin said. “We never pull any punches. We always call it like

Jul
2021
22

HAAH gives up on Chinese cars, will file for bankruptcy

LOS ANGELES — HAAH Automotive Holdings is ending its seven-year effort to import Chinese vehicles and distribute them through a dedicated U.S. dealership network, CEO Duke Hale told Automotive News.

Hale cited tense U.S.-China relations that scared off potential investors.

The Irvine, Calif., startup will file for bankruptcy Monday after a conference call with prospective dealers, who have paid nonrefundable deposits from $100,000 to several hundred thousand dollars for franchise points in the U.S., Hale said.

“We don’t see a way forward right now for Vantas and T-GO,” Hale said of the two U.S. brands created to sell vehicles from China’s Chery Automobile Co. “There’s going to be no cars, there’s going to be no parts, there’s going to be no revenue,” Hale said of the bankruptcy filing.

Although he said in a previous interview that HAAH would file for bankruptcy on Monday, Hale would not confirm that the filing had been made when asked on Tuesday. “Our attorney has asked that I not comment further,” Hale said in a text message to Automotive News. An electronic search for the bankruptcy filing did not turn up any results as of Tuesday afternoon.

HAAH pulled the plug after the investors it needed to move forward became increasingly risk averse because of tensions in U.S.-China trade relations, stiff auto tariffs and negative U.S. public sentiment toward China’s role in the coronavirus pandemic, Hale said.

Hale said that half a dozen investors had expressed interest in the HAAH plan with Chery, which is a major Chinese automaker and top exporter. But in recent months, that interest dried up. And HAAH’s previous confidence in raising the needed money dried up as well.

“All of the big investors moved away from the deal because of U.S.-China relations,” Hale said. “They do not see it as the right place to invest. Even though I didn’t want to hear it from the investors, it wasn’t hard to understand.”

He did not identify the investors.

“These were major Wall Street private equity types of investors,” Hale said. “These were the big money guys.

“I don’t have total insight into their decision, but basically the response is that China-U.S. relations are not very good, not very stable and really haven’t gotten better under President Biden,” Hale said. “Americans aren’t very fond of where they believe COVID came from.”

Jul
2021
21

Kansas City police say officers shot at man when vehicle continued to approach them during traffic stop

FIRES. ALRIGHT KATIE. THANK YOU BREAKING NEWS FROM OVERNIGHT IN KANSAS CITY, MISSOURI POLICE SHOT AT A PERSON DURING A TRAFFIC STOP IN THE NORTHEAST SIDE OF TOWN. THIS HAPPENED JUST AFTER MIDNIGHT NEAR INDEPENDENCE AVENUE AND EWING POLICE TRIED TO LLPU OVER A CAR THERE, BUT THAT VEHICLE APPROACHED OFFICERS DROVE TOWARD THEM AND THEY SHOT AT IT THE CAR THEN DROVE OFFPSTO WINCHESTER THE MAN INSIDE GOT OUT AND RAN AFTER A SHORT CHASE POLICE DID TAKE HIM INTO CUSTODY EMS ALSO RESPONDED FATHER THAT THAT MAN WASOT N HIT BY GUNFIRE OR OTHERWISE INJURED. AND RELEASED HIM BACK INTO POLICE CUSTODY DETECTIVES ARE NOW INVESTIGATING THE M

Kansas City police say officers shot at man when vehicle continued to approach them during traffic stop

The Kansas City Police Department said officers shot at a man when a vehicle continued to approach them during a traffic stop early Sunday morning on the city’s northeast side.KCPD said the incident happened just after midnight Sunday morning near Independence and Ewing avenues. Police said they tried to pull over a car, but the vehicle approached officers, and then they shot at it.Police said the car drove off, stopping near 12th Street and Winchester Avenue, when the man inside got out and ran.After a short chase, police said they took the man into custody. EMS responded to the scene, found the man was not hit by gunfire or injured, and then released him back into police custody.Detectives are investigating the moments that led up to officers firing their weapons.

The Kansas City Police Department said officers shot at a man when a vehicle continued to approach them during a traffic stop early Sunday morning on the city’s northeast side.

KCPD said the incident happened just after midnight Sunday morning near Independence and Ewing avenues. Police said they tried to pull over a car, but the vehicle approached officers, and then they shot at it.

Police said the car drove off, stopping near 12th Street and Winchester Avenue, when the man inside got out and ran.

After a short chase, police said they took the man into custody. EMS responded to the scene, found the man was not hit by gunfire or injured, and then released him back into police custody.

Detectives are investigating the moments that led up to officers firing their weapons.

Jul
2021
21

Brent Spence Bridge project 50% complete, transportation cabinet says

CINCINNATI (WXIX) – Kentucky Transportation Cabinet officials say the Brent Spence Bridge project is now 50% complete.

On March 1, the KYTC began the project to clean and paint the bridge.

“This project is a routine maintenance project that ensures the bridge is safe and sturdy for many years to come,” Branch Manager of Kentucky Transportation Cabinet Cory Wilson said.

Wilson also said tarps have been removed from the center span of the bridge revealing progress contractors have made.

The $36 million project is slated to wrap up in November, weather permitting, according to Wilson.

Traveling northbound, the two right (easternmost) lanes of the bridge are open; the two left (westernmost) lanes are closed.

Traveling southbound, the two right (westernmost) lanes are open; the two left (easternmost) lanes are closed.

The following ramps are still shut down:

Ohio:

  • The ramp to I-71 southbound from Fort Washington Way
  • The ramp to I-71 southbound from Third St.

Kentucky:

  • The ramp to I-71/75 northbound from Fourth St.

Drivers are encouraged to plan their drive and use alternate routes to get around the bridge.

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Copyright 2021 WXIX. All rights reserved.