General Motors facing US$2 billion loss due to semiconductor shortage

General Motors' profits could fall by US$2 billion (AU$2.6 billion) in 2021, due to an ongoing international shortage of semiconductor chips. The Detroit-based automotive conglomerate made the grim predictions during an offical statement, following the release of its fourth quarter 2020 earnings report.

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Teacher accused of using rented Toyota Supra for land-speed record attempt

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A high-school teacher in the US could be more than $6000 out of pocket if he is found to have violated the terms of use of a rented Toyota Supra driven to a top speed record. A US high school teacher is facing legal action – and $US4000 ($AU6000) in costs – after being accused of renting a turbocharged Toyota Supra performance coupe from a car-sharing service and used the vehicle in a racing competition without the owner’s knowledge. The high-school teacher from Indiana – and his team of female mechanic students – were on their way to compete in the 2023 U.S. Mile land-speed trials in Texas last month. The girls and their teacher had built a high-performance Chevrolet S10 pick-up for the ‘Texas Mile’ – a competition which sees vehicles try to achieve the highest possible speed from a standing start within one-mile (1.6km) on a runway. However, the 1997 Chevrolet S-10 ute suffered a mechanical failure on the way to the event. Due to the hard work put in to make the 1800km j
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‘Smells Like WD-40’ – lubricant spray now a fragrance

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The smell of WD-40 – the multi-purpose lubricant spray used by mechanics and home handymen – is now available as a fragrance. Those who like to tinker with older cars will no doubt be familiar with the lubricating spray WD-40 – the penetrating oil that helps helps loosen, degrease, and protect nuts and bolts. The product is so versatile it’s become the stuff of legend, but it’s the smell of WD-40 that is arguably its most memorable feature – so much so, people on the internet have pretended to turn it into a perfume for years. Now, a very real cologne has been launched, called Smells Like WD-40. The Eau De Parfum is made by New York art collective MSCHF, who are known for creating spoof products designed to point out the absurdity of a particularly industry – in this case, the multi-billion-dollar world of luxury fragrances. According to Business Insider, MSCHF used to run non-traditional advertising campaigns for brands, but stopped in late 2019 to focus on its own projec
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2023 LDV T60 Max price and specs: Prices up by more than $4000

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The LDV T60 has been hit with its second major price rise in 12 months to account for new equipment – but the ute still lacks key advanced safety tech. 2023 LDV T60 Max pricing and specifications New equipment for Pro and Luxe grades Only top 10 dual-cab ute without auto emergency braking Priced from $38,990 drive-away for ABN holders 2023 LDV T60 Max Luxe The updated 2023 LDV T60 Max has arrived in Australia with a $4000 price rise and some equipment upgrades – but it still lacks advanced safety technology which is standard in its rivals. LDV Australia has announced the T60 Max 4×4 ute has undergone a handful of tweaks for 2023 after its major facelift (and $5000 price hike) last year – resulting in a price increase of $4000 across the range for buyers with an ABN. But Australia’s ninth best-selling ute continues to forgo advanced safety tech such as forward collision warning, blind-spot monitoring and autonomous emergency braking – making the T60 the the only du
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