Worst Car Insurance Companies, Hoonigan Files For Bankruptcy And A Sum Up Of Elon News In This Week's News Roundup

Car insurance has gone from being an annoying monthly bill to a crippling expenditure that makes me question if I want to own a car. Headlines across the country have reported on the unprecedented explosion in insurance premiums over the past few years, so if you’re paying out the nose for coverage you want to be sure you are covered by a good company. In a turn of events that is best described by one of my favorite catchphrases, I was Disappointed But Not Surprised to learn that the big name companies land at the top of the list of worst car insurance companies. Even the company that I use ranks concerningly high on the list. - Logan Carter Read More

Hoonigan, one of the biggest automotive brands to emerge in the 2010s, has filed for chapter 11 bankruptcy in Delaware.

In the filing, it’s revealed that the company is $1.2 billion in debt. Through the restructuring, the company hopes to come out of chapter 11 and secure $570 million in new funding. Vance Johnston, CEO of Hoonigan, called the bankruptcy an important step for the company. From Yahoo Finance: - Lawrence Hodge Read More

A Purdue University student thought he kicked his way to a two-year car lease for making three field goals in a contest held during the Boilermakers’ season opener in West Lafayette. However, the dealership sponsoring the giveaway later reneged on the deal because of a technical. The final kick – a 40-yarder – left his foot just a split second too late on August 31. Car dealerships really cannot help but be bastards, can they? - Andy Kalmowitz Read More

When fishermen on the Pecatonica River in Northern Illinois likely had no idea that their sonar discovery of a vehicle under the water would lead to a breakthrough in a nearly 50-year-old missing persons case. Authorities pulled a metallic brown 1966 Chevrolet Impala from the river and found the skeletal remains of two men who were last seen in 1976. - Ryan Erik King Read More

Kia says the brand’s K5 GT family sedan is both faster and better handling than the BMW 530i and can prove it through independent testing.

Kia went and had AMCI Testing, the independent automotive testing firm, to pit the K5 GT against the BMW 530i in acceleration and cornering testing. Kia documented it all in a video just under a minute long. - Lawrence Hodge Read More

Airbnb does more than just help make a mess of the already messy housing market. Every once in a while something cool comes across the platform, but for the most part it’s an annoyance for surrounding homeowners who aren’t hosts. Take what one homeowner had to go through with a guest’s vehicle. - Lawrence Hodge Read More

It’s been a weird few weeks for Elon Musk since he decided to throw his political—and financial—weight behind Donald Trump’s campaign for presidential re-election. The thrice-divorced father of 12 has been shouting into his Twitter account with increasingly unhinged tirades. In just the last 24 hours he has parroted neo-Nazi propaganda that Haitian immigrants are eating cats in rural Ohio, and tweeted at Taylor Swift that he would “give her a child.” That’s just the tip of the iceberg. Whatever is going on in his brain, it’s not good. - Bradley Brownell Read More

Two elementary school students were seriously injured while on a field trip to Ford’s test track in Auburn Hills, Michigan. A demonstration driver, in what appears to be a Mustang, lost control of the machine and ran headlong into the guardrail behind which the classroom of students had gathered. Elijah Gibson, eight at the time, and Lavell McGee, ten at the time, were hospitalized as a result of the July 2023 crash. A lawsuit in Oakland County Circuit Court names Continental Automotive Systems (the track owners), Ford Motor Co., the Detroit Area Pre-College Engineering Program, and the driver as defendants in the case. - Bradley Brownell Read More

Electric vehicles aren’t cheap yet. I mean, to be fair, no cars are cheap anymore with an average transaction price above $48,000, but now “luxury” EV makers looking to capitalize on a market looking for cheaper all-electric vehicles. Tesla, Rivian, Lucid and even VinFast are planning on bringing cheaper offerings to the U.S. and more and more people are turned away by high-priced electric vehicles. - Andy Kalmowitz Read More

As it turns out, you can make a Tesla Cybertruck catch on fire and burn to the ground simply by towing it the wrong way. Nope, I’m not joking. It’s right there in the Cybertruck’s owner’s manual under “Instructions for Transporters.” For a truck that is meant to go anywhere and do anything, I feel like towing it the wrong way shouldn’t cause such a catastrophic result. - Andy Kalmowitz Read More