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Chandigarh, Dec 30 (PTI) Farmers blocked roads at many places across the state on Monday as part of their Punjab bandh call, hamstringing the commuter traffic. A call for a shutdown was given last week by Samyukta Kisan Morcha (Non-political) and Kisan Mazdoor Morcha over the Centre not accepting the demands of protesting farmers. The bandh will be observed from 7 am to 4 pm. Farmers observed a sit-in at Dhareri Jattan Toll Plaza which affected vehicular movement on the Patiala-Chandigarh National Highway. At Amritsar’s Golden Gate, farmers started to assemble near the city’s entry point while in Bathinda’s Rampura Phul, they blocked roads. Farmer leader Sarwan Singh Pandher on Sunday said though there will be a complete bandh, emergency services will be allowed to operate. “The bandh will be observed from 7 am to 4 pm. However, emergency services will remain operational. Anyone travelling to the airport to catch a flight or anyone going to attend a job interview, or anyone needs to attend a wedding... all these things have been kept out of our bandh call,” he said. Meanwhile, 70-year-old farmer leader Jagjit Singh Dallewal’s hunger strike entered its 35th day on Monday. Dallewal has so far refused medical treatment. Hundreds of farmers have been protesting at the Punjab-Haryana border demanding a legal guarantee of a minimum support price (MSP) for crops. Dallewal had earlier said he would not break his fast until the government agreed to the farmers’ demands. The apex court has given the Punjab government time till December 31 to persuade Dallewal to shift to a hospital, granting the state the liberty to seek logistical support from the Centre, if necessary. Farmers, under the banner of SKM (Non-Political) and Kisan Mazdoor Morcha, have been camping at the Shambhu and Khanauri border points between Punjab and Haryana since February 13, after their march to Delhi was stopped by security forces. A “jatha” (group) of 101 farmers attempted to march to Delhi on foot three times between December 6 and 14 but were stopped by security personnel from Haryana. Besides the MSP, farmers are also demanding a debt waiver, pension, no hike in electricity tariffs, withdrawal of police cases, and “justice” for the victims of the 2021 Lakhimpur Kheri violence. PTI SUN VSD VN VN This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content. var ytflag = 0;var myListener = function() {document.removeEventListener('mousemove', myListener, false);lazyloadmyframes();};document.addEventListener('mousemove', myListener, false);window.addEventListener('scroll', function() {if (ytflag == 0) {lazyloadmyframes();ytflag = 1;}});function lazyloadmyframes() {var ytv = document.getElementsByClassName("klazyiframe");for (var i = 0; i < ytv.length; i++) {ytv[i].src = ytv[i].getAttribute('data-src');}} Save my name, email, and website in this browser for the next time I comment. Δ document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() );5 Things Camera Manufacturers Can and Should Do
NEW YORK (AP) — A slide for market superstar Nvidia helped pull U.S. stock indexes down from their records. The S&P 500 fell 0.6% Monday, coming off its 57th all-time high of the year so far. The Dow Jones Industrial Average fell 0.5%, and the Nasdaq composite dropped 0.6% from its own record. Nvidia was the market’s heaviest weight after China said it’s probing the chip giant for potential antitrust violations. Stocks in Hong Kong jumped after top Chinese leaders agreed on a “moderately loose” monetary policy. Prices for oil and gold rose following the ouster of Syrian leader Bashar Assad. THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below. NEW YORK (AP) — A slide for market superstar Nvidia on Monday is helping to pull U.S. stock indexes down from their records. The S&P 500 fell by 0.3% in afternoon trading, coming off its 57th all-time high of the year so far. The Dow Jones Industrial Average was down 57 points, or 0.1%, as of 1:53 p.m. Eastern time, and the Nasdaq composite pulled back 0.3% from its own record. Nvidia's drop of 2.1% was by far the heaviest weight on the S&P 500 after China said it's investigating the company over suspected violations of Chinese anti-monopoly laws. Nvidia has skyrocketed to become one of Wall Street’s most valuable companies because its chips are driving much of the world’s move into artificial-intelligence technology. That gives its stock’s movements more sway on the S&P 500 than nearly every other. Nvidia's fall overshadowed gains in Hong Kong and for Chinese stocks trading in the United States on hopes that China will deliver more stimulus for the world's second-largest economy. Roughly half the stocks in the S&P 500 also rose. The week’s highlight for Wall Street will arrive midweek when the latest updates on inflation arrive. Economists expect Wednesday’s report to show the inflation that U.S. consumers are feeling remained stuck at roughly the same level last month. A separate report on Thursday, meanwhile, could show an acceleration in inflation at the wholesale level. They’re the last big pieces of data the Federal Reserve will get before its meeting next week on interest rates. The widespread expectation is still that the central bank will cut its main interest rate for the third time this year. The Fed has been easing its main interest rate from a two-decade high since September to offer more help for the slowing job market, after bringing inflation nearly all the way down to its 2% target. Lower interest rates can ease the brakes off the economy, but they can also offer more fuel for inflation. Expectations for a series of cuts from the Fed have been a major reason the S&P 500 has set so many all-time highs this year. On Wall Street, Interpublic Group rose 5.8% after rival Omnicom said it would buy the marketing and communications firm in an all-stock deal. The pair had a combined revenue of $25.6 billion last year. Omnicom, meanwhile, sank 9.3%. Macy’s climbed 1.5% after an activist investor, Barington Capital Group, called on the retailer to buy back at least $2 billion of its own stock over the next three years and make other moves to help boost its stock price. Super Micro Computer rose 4.6% after saying it got an extension that will keep its stock listed on the Nasdaq through Feb. 25, as it works to file its delayed annual report and other required financial statements. Earlier this month, the maker of servers used in artificial-intelligence technology said an investigation found no evidence of misconduct by its management or by the company’s board following the resignation of its public auditor . In the oil market, a barrel of benchmark U.S. crude rallied 2% to $68.56 following the overthrow of Syrian leader Bashar Assad, who sought asylum in Moscow after rebels. Brent crude, the international standard, was mostly unchanged at $71.05. The price of gold also rose 1% amid the uncertainty created by the end of the Assad family’s 50 years of iron rule. In stock markets abroad, the Hang Seng jumped 2.8% in Hong Kong after top Chinese leaders agreed on a “moderately loose” monetary policy for the world’s second-largest economy. That’s a shift away from a more cautious, “prudent” stance for the first time in 10 years. A major planning meeting later this week could also bring more stimulus for the Chinese economy. U.S.-listed stocks of several Chinese companies climbed, such as a 13.1% jump for electric-vehicle company Nio and a 9.1% rise for Alibaba Group. Stocks in Shanghai, though, were roughly flat. In Seoul, South Korea’s Kospi slumped 2.8% as the fallout continues from President Yoon Suk Yeol 's brief declaration of martial law last week in the midst of a budget dispute. In the bond market, the yield on the 10-year Treasury rose to 4.19% from 4.15% late Friday. ___ AP Business Writers Matt Ott and Elaine Kurtenbach contributed. Stan Choe, The Associated Press
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Jimmy Carter, a man of implacable faith, lived his valuesPITTSBURGH (AP) — Pittsburgh Steelers wide receiver George Pickens was a full participant in practice on Monday, opening the door for him to return from a three-game absence on Wednesday when Pittsburgh hosts the Kansas City Chiefs. Pickens hasn't played since tweaking his hamstring earlier this month. The Steelers (10-5) have struggled to generate much in their passing game with their leading receiver watching from the sideline in sweatpants. Javascript is required for you to be able to read premium content. Please enable it in your browser settings. Get updates and player profiles ahead of Friday's high school games, plus a recap Saturday with stories, photos, video Frequency: Seasonal Twice a week
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Matthews International: Signs Of Deleveraging And Margin ImprovementWASHINGTON — Jimmy Carter lived longer than any other U.S. president in history and was the first of any of them to turn 100 years old. Carter served as the 39th President of the United States from 1977 to 1981. With his passing , the person that's now the oldest living president — current or former — resides in the White House. Who are the oldest living presidents? President Joe Biden turned 82 last month, further cementing his status as the oldest serving U.S. president. But it's a record that Donald Trump could break in a few years. President-elect Trump will become the oldest person ever sworn into office on Jan. 20, 2025. That's a milestone previously held by Biden when he was sworn in at age 78 back in 2021. On Inauguration Day , Trump will be six months from his 79th birthday. When Biden's presidency ends on Jan. 20, 2025, he will be 82 years and 2 months (or 30,012 days) old. Trump would break that record of being the oldest U.S. president toward the end of his second term on Aug. 15, 2028. We're a ways away from any other living U.S. president even coming close to Carter's record. Biden wouldn't celebrate his 100th birthday until Nov. 20, 2042. How many former U.S. presidents are still alive? After Biden and Trump, the next oldest living presidents are George W. Bush (78), Bill Clinton (78) and Barack Obama (63). How old is Bill Clinton? Bill Clinton, the 42nd U.S. President, is 78 years old (Aug. 19, 1946) How old is George W. Bush? George W. Bush, the 43rd U.S. President, is 78 years old (July 6, 1946) How old is Barack Obama? Barack Obama, the 44th U.S. President, is 63 years old (Aug. 4, 1961) How old is Donald Trump? Donald Trump, the 45th and soon-to-be 47th U.S. President, is 78 years old (June 14, 1946)
President Bola Tinubu, on Wednesday, assured the international community that his administration will continue prioritising the welfare of the poor and most vulnerable even as the economic reforms bear fruit. Tinubu stated this in Rio de Janeiro, Brazil, when the Managing Director of the International Monetary Fund, Kristalina Georgieva, paid him a courtesy call on the sidelines of the G20 Leaders’ Summit. The Special Adviser to the President on Information and Strategy, Bayo Onanuga, revealed this in a statement he signed Thursday titled, ‘We shall continue to prioritise social investment programmes, President Tinubu tells IMF Managing Director.’ While acknowledging that the reforms had weakened Nigerians’ purchasing power, Tinubu said his administration would continue to provide social safety nets to cushion the unintended consequences. Congratulating the IMF Chief on her election for a second term in office, President Tinubu appreciated her support in implementing the reforms, calling for more institutional backing for stability and sustainable growth. “We have started seeing positive results from our reforms, and the Nigerian people now understand the need for them, but we have to reduce the hardship resulting from the implementation,” he told Georgieva. He emphasised the critical need for educational access, saying, “We have too many children out of school, and we know that education is a way out of hunger and poverty. That is why we are designing ways and incentives to keep these children in school, and we need your support for these kids who want to stay in school.” The President also stressed that substantial resources must be invested to stimulate the much-needed infrastructural development in the country. He further noted that Nigeria is working on tax reforms to stimulate the economy further. “We are engaging stakeholders and sensitising Nigerians to expand the economy’s tax base for inclusive developmental growth. “We are doing this without necessarily increasing the taxes on our people who have already given a lot. We will require your support on this,” he told the IMF chief. Related News Tinubu determined to end insecurity in Southeast – Defence minister ACF suspends chairman for criticising Tinubu’s policies IMF praises Nigeria's economic reforms, pledges support In her remarks, Georgieva expressed a desire to visit Nigeria and commended the Tinubu administration’s economic reforms and their positive indicators. She assured the President of further support in diversifying the Nigerian economy. The IMF helmswoman lauded the social investment programmes as a way of cushioning the effects on the most vulnerable and promised the assistance of the body in this regard. Contrary to popular perception, she said that the IMF is focused on developing vulnerable societies and devoting substantial resources to emerging economies. The managing director also expressed the Fund’s readiness to offer technical support for the budgeting process, adding that it will assist Nigeria in achieving the best possible results from loans. Georgieva said the world had suffered some shocks from the pandemic that caused damage to world economies. Over the last two years, the IMF has injected about $1 trillion into the world economy. While the developed countries managed the shocks better, the developing nations did not do so, she noted. She said the IMF is working with developing countries to build resilient institutions to manage future global economic shocks better. She stressed that it is the right of every country to benefit from the Fund after a critical analysis of its priorities. The IMF Managing Director informed President Tinubu that the organisation’s Executive Board has approved the 3rd Chair for Sub-Sahara Africa, enhancing the African voice. She congratulated Nigeria on hosting the IMF’s African Caucus meeting in Abuja in August. Georgieva also advocated for deepening regional economic ties, ensuring the IMF is ready to support this process.
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2024 was a major year for new vehicle launches, with new generations of key models like the Toyota LandCruiser Prado, plus the first of a new wave of Chinese auto brands entering the market. But many models also departed the Australian market, headlined by the departure of what had been the longest-running auto brand in Australia: Citroen. In fact, there were so many discontinuations that we split all the SUVs axed in Australia into a separate article . Scroll below for all the passenger cars axed this year, or click on one of the links below to take you directly to a vehicle. If you love the look of the BMW 4 Series Gran Coupe , rest assured you’ll still be able to buy a car that looks like this – it’ll just have electric power. BMW revealed updated versions of the 4 Series Gran Coupe and its electric i4 sibling back in April, but never confirmed timing for the combustion-powered model. Somewhat unusually, the electric version sold in considerably greater numbers than the petrol model. To the end of November, BMW sold 1866 i4s in Australia this year, against just 243 examples of the 4 Series Gran Coupe. That led to BMW pulling the plug on the petrol-powered range. “The high volume of new BMW models introduced to the local market prompts us to constantly assess our product portfolio in line with customer demand and our commitment to offering products that suit individual needs,” a BMW Australia spokesperson told CarExpert in a statement. “This has led us to restructure the BMW 4 Series Gran Coupe lineup.” The 4 Series Gran Coupe was the second BMW to bear the Gran Coupe nameplate, which has been applied to a five-door liftback (the 4 Series Gran Coupe), a four-door sedan (the 2 Series ), and what you could arguably call four-door coupes (the 6 Series and 8 Series ). This nomenclature was born in a period where BMW was busily chasing niches, including coupe SUVs like the X4 and X6 and the unusual Gran Turismo models which were more upright five-door hatchbacks. The second-generation 4 Series Gran Coupe was revealed in June 2021 and arrived here later that year, sharing the same plunging double-kidney grille as coupe and convertible 4 Series models. While it later gained an electric version, the i4, it never received a full-fat M version like the other 4 Series body styles. There was no M4 version of the first-generation 4 Series Gran Coupe, either. With the axing of the base 420i in 2023, just two variants remained: the turbocharged four-cylinder, rear-wheel drive 430i and the turbocharged six-cylinder, all-wheel drive M440i xDrive. Though the Gran Coupe brought superior practicality over the 3 Series Sedan , if not the Touring wagon, it cost up to $14,100 more than its booted counterpart. 4 Series Gran Coupe sales had peaked in 2015 and 2022 with 858 sales in both years – incidentally, both of which were the first full years of their respective generations. MORE: BMW 4 Series Gran Coupe axed in Australia, i4 EV to live on MORE: Everything BMW 4 Series Citroen had been hanging on like grim death in Australia, even as its sales winnowed away each year. From a height of 3803 sales in 2007, Citroen fell below 1000 annual units in 2016 and continued sliding. Its retail network continued to shrink, and Peugeot Citroen Australia’s decision to make Peugeot its exclusive commercial vehicle brand here killed one of its higher-volume models, the Berlingo. Most embarrassingly for the brand, it was outsold by Ferrari in 2020 and 2021. But there were signs Peugeot Citroen Australia was taking the brand seriously here, introducing the C4 in 2021 and C5 X in 2022. These replaced the old C4 and C5 that hadn’t been on sale here for several years, and came after several years of Citroen focusing on more traditionally SUV-shaped models. Not that the C4 and C5 X were conventional passenger cars themselves, with their higher-riding stances blurring the lines between cars and SUVs. Though it was the C5 X that wore the ‘X’ suffix commonly used for SUVs, it was the C4 that was classified as an SUV in VFACTS industry sales reports. There was a C4 X, mind you, but this was a sedan version of the C4 that we never received. Confused? We were too. Disinterested? Well, it seems Australians were. C4 sales peaked at 94 units in its first full year on sale, before falling; the same happened with the C5 X, with 68 sold in its first full year on sale. From launch to the end of November 2024, Citroen sold just 200 C4s and 168 C5 Xs. The rarest of them all is the C5 X Plug-in Hybrid, for which orders opened in May... just three months before Citroen announced it was pulling up stumps here. Being an order-only vehicle and priced just over $16,000 higher than the regular C5 X, itself not the most affordable vehicle of its size, it may be one of the rarest Citroens ever sold here. The C4 and C5 X may have lacked the clever hydropneumatic suspension of older Citroens, but with their quirky styling and focus on comfort – in suspension tuning and even in the construction of their seats – these cars were distinctively Citroen. Alas, it seems buyers just didn’t care. MORE: Citroen leaving Australia after more than 100 years, importer focusing on Peugeot MORE: Everything Citroen C4 MORE: Everything Citroen C5 X While we received new generations of Citroen’s small and medium/large cars, the latest C3 – revealed in electric guise in October 2023, and with petrol power in April this year – was kept from us. That was perhaps an early warning that the brand wasn’t going to stick around here for long, and in August this year distributor Inchcape Australia announced it would close orders for all Citroen vehicles. The third-generation C3 arrived here in 2017, with an extremely mild facelift coming in 2021. That means the C3 is much the same as when it arrived here around seven years ago, and sales figures have reflected that. From a height of 122 sales in 2018, sales fell to double digits in 2019 and have subsequently remained relatively steady, if very, very low. The price has climbed since launch and this year sat at $32,267 before on-road costs for the single Shine variant, putting it up against vehicles the segment above. But even comparing it with similarly sized vehicles with similarly premium pricing, the C3 comes up short. From its 2017 launch to the end of November this year, Citroen has sold 544 C3s. In contrast, Audi sold 462 A1s and Skoda sold 433 Fabias in 2023 alone. Showing just how far Citroen sales have dropped off over the years, as well as the decline in light car sales, the brand sold upwards of 908 examples of the first-generation C3 in 2003. MORE: Everything Citroen C3 The Fiat 500 is cute as a bug, but its ability to survive year after year well after rivals were replaced made it seem like more of a cockroach. It’s still being manufactured, but Fiat announced it was axing the petrol-powered 500 in Australia in August. As of December, however, it still has stock at its dealers. The 500 and its hotter Abarth 595 sibling are sold alongside the new-generation Fiat 500e and Abarth 500e, electric-only micro cars with similar styling but much more modern underpinnings and technology. With the Fiat 500e set to be joined by a mild-hybrid petrol-powered variant in 2026, this should finally spell the end of the old 500, which has been in production since 2007 and which launched here in 2008. In that time, Fiats from the little Panda to the Dodge Journey-based Freemont have come and gone from the Australian market, but the little 500 has kept on ticking with the occasional minor refresh. Though it no longer sells in quite the same volumes as it did in the early/mid 2010s – where it sold between 2000 and 3000 units annually – it still sells in consistent volumes in a segment that consists solely of it and the Kia Picanto . Last year, Fiat sold 581 examples of the 500 and its Abarth sibling in Australia, an increase on the year before despite the axing of their cabriolet models. MORE: Fiat culls petrol 500 in favour of $50k EV hatch in Australia MORE: Everything Fiat 500 When the E-Type ended production in 1974, it left a hole in Jaguar’s lineup. The XJ-S that succeeded it was more of a grand tourer, a tradition which its XK replacement followed in. It wasn’t until the F-Type , which entered production in 2013, that Jaguar had a genuine spiritual successor to the E-Type. An E-Type successor had existed in development hell during the 1980s and 1990s, before Jaguar revealed the F-Type concept in 2000... only for a planned production version to be scrapped before it could see the light of day. Fast-forward to the 2011 Frankfurt motor show and the F-Type as we came to know it was previewed in concept form, albeit featuring a supercharged V6 hybrid powertrain that never reached production. Instead, the production coupe – which looked essentially identical to the concept – was launched with a choice of supercharged V6 or V8 powertrains. Like the E-Type, there was also a convertible; unlike the iconic Jag, there was an all-wheel drive option. Also in a departure from past Jaguar two-doors, a turbocharged four-cylinder engine joined the range. Designed under Ian Callum, the F-Type was widely regarded as gorgeous. Somehow a facelift, revealed in 2019, arguably improved the styling with a more aggressive look up front. The F-Type featured all-aluminium construction, and Jaguar touted the coupe as the most torsionally rigid production car it had ever built. While the four- and six-cylinder powertrains weren’t shrinking violets, the supercharged V8 was the star. For 2022, Jaguar Australia dropped the four- and six-cylinder engines entirely, leaving the blown 5.0-litre in 331kW/580Nm P450 and 423kW/700Nm R tunes. In June 2024, Jaguar revealed the final F-Type and what it says will be its final combustion-powered sports car: a supercharged 5.0-litre V8-powered convertible in classic green-over-tan. A total of 87,731 F-Types were produced between 2013 and 2024. MORE: Jaguar reveals its last-ever petrol-powered sports car, bound for a museum MORE: Jaguar’s last ever petrol-powered sports car is coming to Australia MORE: Everything Jaguar F-Type When Jaguar used the Ford Mondeo platform to create its first BMW 3 Series rival, many scoffed. To Jaguar’s credit, it went back to the drawing board and developed a rear/all-wheel drive sports sedan with tasteful, modern styling and poised dynamics. Look out, BMW! Except the XE is now being axed almost a decade after it entered production in 2015, as part of Jaguar’s pivot to being a more exclusive, electric-only brand. Jaguar is done trying to take on BMW and is aiming higher, with JLR design boss Gerry McGovern saying in 2023: “What we won’t worry about is being loved by everybody, because that’s the kiss of death.” “That’s what’s put Jaguar where it is today, which is with no equity whatsoever,” he said. The XE never could match its German rivals in the sales race, and JLR confirmed the sedan wasn’t profitable – something likely not helped by its use of aluminium suspension componentry and a bonded and riveted aluminium unitary structure, unusual for this segment. The 3 Series rival was offered with a range of powertrains, including turbo-petrol and turbo-diesel four-cylinder engines plus a supercharged V6. Jaguar even developed the limited-run SV Project 8, which featured a supercharged V8 engine. Sadly, the SV Project 8 never came here, nor did it presage a more widely available BMW M3 rival. The six-cylinder and diesel engines were also eventually phased out in Australia. Disappointing sales and the resultant lack of profitability doomed the XE, which was axed in the US in 2020 but grimly held on for a few more years in markets such as ours. Unusually, Jaguar Australia switched the XE from rear-wheel drive to all-wheel drive for 2021 for reasons unclear. For 2023, the XE range was whittled down to a single model and, though it still appears on Jaguar’s local website, production ended this year. In its best year, 2016, global sales for the XE reached 44,095 units. The same year, BMW produced over 400,000 3 Series models globally. In Australia, the XE’s best year was also 2016 with 1524 sold, beating the Infiniti Q50 and Volvo S60 and falling just short of the Lexus IS . But sales fell each year, plunging to double-digits in 2022. Last year, the XE was outsold by every single one of its rivals, with its 58 sales bested by the Genesis G70 (81 sales) and Volvo S60 (152). From launch to the end of November 2024, Jaguar sold 4332 XEs in Australia. While rivals received significant facelifts or new generations, the XE was left to soldier on as its lineup shrunk. It’s a sad end for what was an extremely promising BMW 3 Series rival. MORE: Everything Jaguar XE If any car could make Jaguar’s XE look like a sales success, it’s the second generation of the brand’s BMW 5 Series rival. The first-generation XF was a breath of fresh air when it was revealed in 2007, with the Ian Callum-penned sedan casting aside the shackles of Jaguar’s retro design language in favour of a more modern yet still elegant look inside and out. The second generation wasn’t as impactful. Also attributed to Mr. Callum, the design was conservative, looking more like a stretched version of the XE with which it shared its new platform. Unlike the XE, however, there was a wagon version; this made the trip to Australia, even though the first-generation model was offered here only in sedan guise. Globally, the XF was offered with a choice of turbo-petrol and turbo-diesel four-cylinder engines, plus a turbo-diesel V6 and a supercharged petrol V6. Sadly, there was no supercharged V8 XFR as there had been with the first generation. To Jaguar Australia’s credit, it offered almost every available powertrain, and even brought the niche wagon here. But the British 5 Series rival was met with buyer apathy: sales shrunk compared to the outgoing model, with just 433 sold in 2016. That was down from the over 800 units Jaguar shifted in 2013 and 2014. Sales fell below three digits in 2019 with 50 units, and below two digits in 2023 with just 6 sold. By this point the XF range had been shrunk to a single variant, as for model year 2021 Jaguar axed all rear-wheel drive, diesel, six-cylinder and wagon variants in favour of a lone all-wheel drive turbo-petrol four-cylinder. MORE: Everything Jaguar XF Technically, Maserati didn’t sell any Quattroportes in Australia in 2024, with global production wrapping late last year. No further examples were delivered this year but as it appeared on Maserati’s local website during 2024, we’ve included it in this article. The Quattroporte nameplate is taking a leave of absence, with a replacement – featuring electric power – delayed until 2028. It’s not the first time the Quattroporte nameplate has taken a lengthy leave of absence, with gaps of several years between the first and second and the third and fourth generations. The Quattroporte competed in an extremely low-volume segment in Australia, battling the likes of the BMW 7 Series and Mercedes-Benz S-Class . Maserati executives would therefore clearly bristle at the mention of the Quattroporte sharing a platform with Chrysler and Dodge. “From the Chrysler 300 we carried over the electrical system, a portion on the platform where seats are hinged and some elements of the air conditioning, that is all,” then-Maserati global CEO Harald Wester told Automotive News Europe back in 2013. The current, sixth-generation Quattroporte entered production that year, underpinned by what Maserati called its M156 platform which was also used by the Ghibli and Levante . The gorgeous, lithe Pininfarina styling of its predecessor made way for an in-house design that was more fuller-figured and conservative, with a clear kinship with the cheaper Ghibli. If it looked bigger than the previous Quattroporte, that’s because it was – in length alone, the Quattroporte VI grew by over 200mm. A Ferrari-developed twin-turbo V8 remained available, along with a twin-turbo V6 developed with the Prancing Horse brand. This was also the first Quattroporte to offer a diesel engine, a turbocharged V6 mill sold here from 2014 to 2019. While the Quattroporte had a decade-long production run, there were updates made during this time. In 2016, the Quattroporte received a new infotainment system and more standard equipment including a suite of active safety features. This suite was expanded in a subsequent update in 2018. In 2020, Maserati revealed a hot Trofeo version of its luxury limo, featuring a 433kW/730Nm tune of the twin-turbo 3.8-litre V8 – up 43kW and 80Nm on the GTS. This coincided with another minor facelift for the Quattroporte line that saw the old Chrysler-derived infotainment system swapped for one running on Android Automotive. The Quattroporte consistently sold in the double digits each year in Australia, before slumping to just three units in 2023. Even in a low-volume segment, that was very low. MORE: Everything Maserati Quattroporte The Ghibli was first a stunning coupe and convertible in the 1960s, then a rather brutalist two-door in the 1990s, before being revived as a BMW 5 Series sedan rival that was revealed at the 2013 Shanghai motor show. It represented a return to a segment which Maserati last occupied in 1995 with the 430, a descendant of the Biturbo. With the introduction of the Ghibli and Levante, which entered production in 2013 and 2016 respectively, Maserati was chasing broader market appeal and therefore greater sales volumes. By the 2000s, after the end of the Biturbo era, its lineup had receded to a small, more exclusive one. In 2013, it announced plans to sell 50,000 vehicles each year around the world in 2015, more than eight times as many as it sold in 2011. The Ghibli used the M158 platform of the new sixth-generation Quattroporte, and shared its twin-turbocharged V6 petrol and turbocharged V6 diesel engines. There was a choice of rear- or all-wheel drive, while an eight-speed automatic transmission was standard across the range. The Quattroporte’s twin-turbo V8 wasn’t added until 2020, while at the other end of the spectrum the Ghibli gained a turbocharged four-cylinder mild-hybrid powertrain. Other changes to the Ghibli during its lengthy run mirrored those of the Quattroporte: new infotainment and a suite of active safety tech for 2017, and an expanded suite in 2018 enabled by the switch to an electric-assisted power steering setup. The Ghibli helped Maserati reach its 50,000-unit target, albeit a couple of years late. Alas, the brand’s sales dropped from then. In 2022, Maserati announced its plans to transition to an EV-only lineup by 2028, but conspicuous by its absence from these plans was the Ghibli nameplate. Instead, both it and the Quattroporte are set to be replaced by a single sedan model bearing the latter’s nameplate, though this has subsequently been delayed to 2028. In Australia, from a height of 345 sales in 2015, the Ghibli gradually declined before an uptick in 2021 to 152 sales. They then slumped to double digits, and just 17 Ghiblis found homes in Australia this year to the end of November. From its debut year, the Levante took over as Maserati’s best-selling vehicle locally, a title it maintained until the launch of the smaller Grecale SUV in 2023. The Ghibli remains on Maserati’s local website, but with production having ended it’s only a matter of time before the nameplate is retired for a third time. MORE: Everything Maserati Ghibli Even as it rolls out new electric vehicles (EVs) like the Aceman , Mini has updated its long-running three- and five-door hatchbacks and convertible and given them a slightly fresher look. The same treatment hasn’t been extended to the long-running Clubman , which Mini ended production of in February after two generations. It’s probably best to blame the Countryman as, in many markets including ours, given the choice of a wagon or an SUV most buyers will opt for the latter. BMW launched Mini as a standalone brand in 2000, and for the first several years of its life it only sold a hatchback. A convertible followed, before the Clubman was launched as Mini’s third body style. It came during a period where Mini was rapidly and creatively expanding its lineup or, to put it less charitably, throwing things at a wall and seeing what stuck. If debuted in 2007, and was followed in 2010 by the Countryman SUV (which did stick) and the Roadster, Coupe and Paceman (which didn’t). Mini wisely added a pair of conventional rear passenger doors with the second-generation Clubman, which launched in Australia in 2015, replacing the suicide door setup of its predecessor. A more practical alternative to the hatchback it was based on, the second-generation Clubman stuck with the rear barn doors of its predecessor – highly unusual for a wagon in 2024. The second-generation Clubman moved to the UKL2 platform underpinning vehicles like the BMW 1 Series . While this platform was used for a raft of vehicles including BMW and Mini-branded hatchbacks, sedans and even a people mover, the quirky Clubman was the only wagon. While it offered a choice of petrol powertrains (though as with its predecessor, no diesel in Australia), including a hot John Cooper Works model with a turbocharged four-cylinder engine and all-wheel drive. Between the launch of the second-gen model and the end of November 2024, Mini Australia sold 3143 Clubmans. It was a steady if unexceptional seller, but over the same period Mini sold around twice as many Countryman SUVs. MORE: Everything Mini Clubman The 508 may have been the prettiest mid-sized Peugeot since the 406 Coupe of the 1990s, but that wasn’t enough to save it. While it lives on in Europe, in September Peugeot Australia pulled the plug on the liftback and wagon “in response to changing consumer preferences in the segment”. It arguably wasn’t a surprise, given Ford, Kia and Volkswagen, among other brands, had already exited the mid-sized segment. Peugeot sales have also been broadly on a downward trajectory over the past decade. Peugeot Australia added a plug-in hybrid version of the 508 Fastback in 2022, with a Sportwagon PHEV following in 2023. But with one hand Peugeot Australia giveth, and with one another it taketh away. Later in 2023, Peugeot axed the petrol-powered 508s, leaving only the pricier PHEVs. Unusually, the Sportwagon PHEV was introduced after Peugeot revealed a facelifted version of the 508 in Europe, for which it conspicuously didn’t announce specific local launch timing. The facelifted model never came, and when Peugeot UK announced earlier this year it was axing the 508, its local demise appeared inevitable. The second-generation 508’s best year in Australia was 2021, with 240 sold. That was a far cry from the first-generation model which in 2012, its first full year on the market, recorded 1085 sales. In fairness to the 508, mid-sized passenger car sales have fallen over the past decade or so. But in 2023, the 508’s 156 sales saw it outsold by the Volkswagen Passat and Arteon , and even more niche models like the Volvo V60 Cross Country. MORE: Another mid-sized car gets the axe in Australia MORE: Everything Peugeot 508 You can still buy a Renault Megane in Australia, but it’s quite a different creature. The last examples of the RS Trophy hot hatch, the sole remaining member of the combustion-powered Megane range, were sold earlier this year as the new electric Megane E-Tech joined the local lineup. The RS-badged Megane hatch, sent off with a special-edition RS Ultime, was the last member of a once significantly wider lineup of small Renaults. The current, fourth-generation Megane was revealed in 2015 and went on sale locally late in 2016. Wagon and sedan models, introduced in 2017, were dropped in 2019 along with the entry-level Zen hatch, while the RS Sport and RS Cup hatchbacks were axed in 2021. That left just the RS Trophy. Not only was the Australian Megane lineup winnowed down locally, the car was discontinued in almost every market. Turkish production continues, however, of the sedan. This mirrors what happened with the Ford Focus , with a once-wide lineup continually chipped away at in Australia until a single hot hatch was left, before the nameplate was axed entirely. The Focus is also being discontinued globally. Renault only sold 69 Meganes in Australia in 2023. That was well down on the 1259 units it shifted in 2017, its first full year on sale. The Megane RS Trophy (and RS Ultime) used a turbocharged 1.8-litre four-cylinder engine, mated with either a six-speed manual or six-speed dual-clutch automatic transmission, producing 221kW of power and 420Nm of torque (400Nm in the manual) Those outputs remained competitive even among a growing contingent of hot hatches on the local market. While Renault is moving away from hot petrol-powered models, it’s entering the hot electric hatch fray with both its namesake brand and its Alpine spinoff. It remains to be seen whether these hot EVs will come here, however. MORE: Everything Renault Megane MORE: Every SUV discontinued in Australia in 2024 MORE: Every car and SUV discontinued in Australia in 2023 MORE: Every car discontinued in 2022 MORE: Every car discontinued in 2021 MORE: The cars we lost in 2020Walker Buehler was a two-time All-Star and won two World Series with the Los Angeles Dodgers. He’s also had two Tommy John surgeries. Ashley Landis/Associated Press BOSTON — The Boston Red Sox aren’t done adding to their starting rotation. According to multiple reports, the Red Sox are signing former Los Angeles Dodgers right-hander Walker Buehler. The deal is reportedly for one year, $21.05 million and will allow Buehler an opportunity to rebuild his market value in his first full season recovering from his second Tommy John surgery. Buehler represents a fascinating buy-low option for the Red Sox, who had already fortified their rotation by acquiring left-handers Garrett Crochet and Patrick Sandoval this winter. The 30-year-old Buehler had a stretch as one of the most dominant pitchers in baseball, earning two All-Star selections while posting a 3.03 ERA with 408 strikeouts over 356 1/3 innings between 2018-21. He underwent season-ending Tommy John surgery in August 2022, cutting that season short after only 12 starts, and went on to miss all of 2023 as well. Upon his return in 2024, Buehler was not the same. In 16 starts for the eventual World Series champions, he posted a 5.38 ERA over 75 1/3 innings, but with the Dodgers’ rotation decimated by injury, he wound up making four playoff appearances. His first playoff start did not go well; he allowed six runs in five innings in Game 3 of the NLDS against San Diego. But he then came through with two of his best outings of the season, throwing four scoreless innings to start Game 3 of the NLCS against the Mets and five scoreless in Game 3 of the World Series against the Yankees. Buehler wound up closing out the decisive Game 5 of the World Series, earning the save with a scoreless ninth to lock down Los Angeles’ second World Series title in five years. By signing a one-year deal, the Red Sox are betting that those last outings are a better reflection of who Buehler will be going forward another year removed from elbow surgery. The deal also likely closes off any other additions to the starting rotation, which now features Crochet, Buehler, Tanner Houck, Brayan Bello, Lucas Giolito and Kutter Crawford, plus depth options like Cooper Criswell, Richard Fitts, Quinn Priester, Hunter Dobbins and eventually Sandoval, who is also recovering from Tommy John surgery and isn’t expected to be available until at least the second half of the season. PIRATES: Andrew McCutchen can sense the end of his baseball career coming. It’s not quite here yet. McCutchen, a five-time All-Star, agreed to a $5 million, one-year deal to stay in Pittsburgh for the 2025 season, confident he can still be a difference-maker for a team trying to get back toward postseason contention. RANGERS: Texas and free-agent designated hitter Joc Pederson agreed on a contract, a person with knowledge of the deal said. The Rangers will be the third team in three years for Pederson, who rebounded from a sub-par 2023 season with San Francisco to hit a career-best .275 with 23 homers and 64 RBI last season with Arizona. METS: Sean Manaea is set to return to the New York Mets on a $75 million, three-year contract, a person familiar with the agreement told The Associated Press. We invite you to add your comments. We encourage a thoughtful exchange of ideas and information on this website. By joining the conversation, you are agreeing to our commenting policy and terms of use . More information is found on our FAQs . You can modify your screen name here . Comments are managed by our staff during regular business hours Monday through Friday as well as limited hours on Saturday and Sunday. Comments held for moderation outside of those hours may take longer to approve. Please sign into your Press Herald account to participate in conversations below. 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AI Stock: Artificial Intelligence Software Maker C3.ai Earnings, Revenue Top Estimates, Shares Rise - Investor's Business DailyPresident-elect Donald Trump’s return to the White House is seen fuelling a dealmaking revival that could bolster investment banking income to $316 billion globally next year, a jump of about 5.7% on 2024, data seen by Reuters shows. M&A bankers are forecast to rake in about $27.6 billion in fees, according to previously unreported figures from analytics and insight provider Coalition Greenwich, in what could be their second-best year in at least two decades. Global investment banking income has only topped $300 billion five times in the last 20 years, the data shows, with earnings power in recent years stifled by the pandemic, inflation and global political unease. Trump’s pro-business leanings should help an already thriving U.S. economy, which could in turn encourage greater volumes of cross-border dealmaking and investment from European firms chasing growth, bankers said. “I know it’s that time of year where bankers love to be bullish, but we actually do think that the current climate – political clarity and macro stability – will help drive M&A,” Richard King, head of corporate banking, EMEA, at Bank of America BAC.N said. “There’s a lot of pent up demand that will likely come through in 2025,” he said, pointing to private equity as well as acquisitive trade buyers across a range of sectors including healthcare, tech and energy. Trump’s administration could be particularly conducive to M&A because he is seen as likely to wave more deals through that had been blocked under the previous administration over competition or U.S. strategic importance concerns, bankers said. While rainmakers are getting busier, bankers managing debt sales for companies and governments could also see a jump in activity, bringing in as much as $49 billion, a new record, according to Coalition. Revenue from the trading of securities — the biggest contributor to investment bank income — forecast at $220 billion for 2025 would be the highest since 2022. Credit and emerging markets macro-related products are likely to see the biggest jump on 2024 figures next year, with a 6% increase each while trading in interest rate-related products could shrink as much as 3.5%. “We have healthy corporate balance sheets but we have a rate environment that has increased cost of capital...so businesses cannot be lazy,” said Taylor Wright, co-head of global banking at Barclays BARC.L, predicting private equity firms will be active as both buyers and sellers of businesses. “Geopolitical risk, in our view, is the wild card. It’s hard to plan for that but absent that, we see a lot of factors that suggest that the next 12 to 24 months should be very good for investment banking.” With revenue on the increase, banker payouts look destined to follow suit, although bonuses will remain below bumper 2021 levels for now. New York-based pay consultancy Johnson Associates said last month it expected banker salaries to rise in almost every business unit, with the exception of real estate investing. Headhunters are also reporting new hiring mandates from some banks following Trump’s re-election, and a focus on adding staff in the first quarter, traditionally a time when most banks look to reduce headcount. Hiring has increased across securities trading and from junior through to senior positions, said Natalie Nicolaou, Senior Manager, Distribution & Front Office, at Robert Walters UK RWA.L, told Reuters. Source: Reuters (Reporting by Sinead Cruise and Lawrence White; Editing by Alexandra Hudson)
Ruben Amorim will face no pressure from Manchester United co-owner Sir Jim Ratcliffe when it comes to his handling of Marcus Rashford, the Guardian reports. Rashford has been excluded from United’s last three match-day squads by Amorim. This demotion was solely down to Amorim, and with Ratcliffe green-lighting Rashford’s potential sale in the January transfer window, there are no complaints from above about the head coach’s team selections. The Guardian adds : “The Portuguese again left the forward out of the game-day 20 for the 3-0 defeat by Bournemouth at Old Trafford on Sunday. This followed Rashford not being in the squad for the 4-3 Carabao Cup defeat at Tottenham on Thursday and the 2-1 victory at Manchester City the previous Sunday. “Amorim said after dropping the 27-year-old and Alejandro Garnacho for the City game: 'It is important the performance in training, the performance in games, the way you dress, the way you eat, the way you engage with your team-mates, the way you push your team-mates.' Since then he described Rashford’s absence as being for 'selection' reasons. “Rashford said in an interview with the journalist Henry Winter two days after the City game that he was ' ready for a new challenge '. This was interpreted as the player wanting a move. “Despite Amorim’s cited reasons for leaving out the England international and informing him he will be reinstated if his training performance improves, it is unclear whether Rashford would be recalled.” Manchester City have their eye on Juventus goalkeeper Michele Di Gregorio as a replacement for Ederson, the Daily Mail reports. City are turning to the January transfer window to save their season, and considering their options in a number of positions. Ederson has missed four of their last five Premier League games, with Stefan Ortega starting, and Pep Guardiola could look for a fresh face to provide some competition. The Mail adds : “Much of the discussion surrounding City's recent struggles has focused on the goalkeeping department with both Ederson and Stefan Ortega being trusted in recent defeats. “One of those losses came in a 2-0 Champions League defeat against Juventus on December 11 and the best goalkeeper on that night was the Italian team's shot-stopper. “Di Gregorio was voted the best goalkeeper in Serie A at the end of last season after starring for Monza before choosing to join Juventus where he signed a contract until 2029.” Crystal Palace have triggered the extension clause in Jean-Philippe Mateta’s contract, the Athletic reports. The striker’s deal is now set to expire in June 2027. Talks had initially broke down, but his importance to Oliver Glasner’s side has helped him earn a new contract. Mateta has scored seven goals across all competitions so far this season. The Athletic adds : “The 27-year-old initially joined on loan before a permanent move from Bundesliga side Mainz and has thrived over the past year after some indifferent form beforehand. “The striker has since become a key part of manager Glasner’s side. He ended last season with a scintillating spell of form which produced 13 goals from 15 games, including at least one in seven consecutive home Premier League games. He scored Palace’s second-ever Premier League hat-trick in a 5-0 thrashing of Aston Villa on the final day of last season. “Mateta harbours ambitions to feature regularly for the French national team, having enjoyed recognition for his performances with a call-up to the men’s Olympic squad, where he scored five goals in four games. That included a brace in the semi-final victory over Egypt and a goal in the final where France were defeated after extra time by Spain.” - - - TNT Sports will show over 500 matches from the UEFA Champions League, the UEFA Europa League and the UEFA Conference League across the 2024/25 season. The streaming home for TNT Sports in the UK is discovery+ , where fans can enjoy a subscription that includes TNT Sports, Eurosport and entertainment in one destination.Mongolian Drama ‘Silent City Driver’ Wins Tallinn Black Nights Film FestivalUnisys Corporation Announcement: If You Have Suffered Losses in Unisys Corporation (NYSE: UIS), ...