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The Irish Sun
2 hours ago
- Automotive
- The Irish Sun
Major car brand reveals dramatically redesigned hatchback – 30 years after it was pulled from sale
SKODA has shown off a radical, retro-futurist look for the classic Favorit hatchback - a beloved motor that ran from 1987 to 1995. The Volkswagen-owned marque says they've 'drawn inspiration from the brand's rich history to create a modern interpretation' of the little motor, which was once a regular on UK roads. Advertisement 4 The redesigned Skoda Favorit pays homage to its 1980s roots Credit: Skoda 4 Designer Ljudmil Slavov spent 120 hours crafting this updated classic, retaining the essence of the original with a sleek, modern twist Credit: Skoda 4 It features asymmetrical badging, slim LED lights, and ultra-simplistic four-spoke wheels Credit: Skoda 4 The original Favorit was a beloved hatchback that was once a common sight on UK roads with over 50,000 units sold Credit: Skoda Indeed, some 50,000 units sold in the UK in a six-year run, although a report from MSN found that just 232 were still on the road by December 2016 and were disappearing fast, according to a report by This re-design imagines the Favorit as a modern EV but still manages to capture the essence of the original - thanks to the handiwork of designer Ljudmil Slavov. Skoda says he spent some 120 hours of his own time to work on the project - with a view to retaining the feel of the 1980s hatchback. He said: 'From today's perspective, I think the Favorit was already a kind of Modern Solid. Advertisement Read more Motors News 'It was technically and visually a simple car meant for the general public.' He also wanted to attempt something that went against the grain on today's general look and feel. 'I wanted to update the original idea for today, when various SUVs are popular,' said Slavov. He added: 'I sketched many versions, searched for the ideal shape of the grille and headlights, tried different perspectives and consulted a lot with colleagues.' Advertisement Most read in Motors His design for the Favorit is clean and simple while containing some iconic elements of the original model, along with some interesting touches. These include an asymmetrical badge, a single door handle embedded into the body for both the front and rear, ultra-simplistic four-spoke wheels, illuminated 'Skoda' badging at the rear, as well as slim LED lights all round. Power-packed Skoda Octavia vRS is perfect combo of performance & practicality However, fans will have to use their imaginations for the car's interior, although the seats' headrests reference the open-centred items on the original Favorit. Slavov also designed a rally version - inspired by the Favorit that found success in the World Rally Championship's second-tier class in the early 1990s. Advertisement This version of the Favorit joins a series of reimaginings by Skoda's designers, which has recently shown new takes on the 1203 van, Voiturette A, Felica Cabriolet, 130RS and Popular Monte Carlo.
Scottish Sun
2 hours ago
- Automotive
- Scottish Sun
Major car brand reveals dramatically redesigned hatchback – 30 years after it was pulled from sale
'It was technically and visually a simple car meant for the general public" NEW LOOK Major car brand reveals dramatically redesigned hatchback – 30 years after it was pulled from sale SKODA has shown off a radical, retro-futurist look for the classic Favorit hatchback - a beloved motor that ran from 1987 to 1995. The Volkswagen-owned marque says they've 'drawn inspiration from the brand's rich history to create a modern interpretation' of the little motor, which was once a regular on UK roads. 4 The redesigned Skoda Favorit pays homage to its 1980s roots Credit: Skoda 4 Designer Ljudmil Slavov spent 120 hours crafting this updated classic, retaining the essence of the original with a sleek, modern twist Credit: Skoda 4 It features asymmetrical badging, slim LED lights, and ultra-simplistic four-spoke wheels Credit: Skoda 4 The original Favorit was a beloved hatchback that was once a common sight on UK roads with over 50,000 units sold Credit: Skoda Indeed, some 50,000 units sold in the UK in a six-year run, although a report from MSN found that just 232 were still on the road by December 2016 and were disappearing fast, according to a report by MSN. This re-design imagines the Favorit as a modern EV but still manages to capture the essence of the original - thanks to the handiwork of designer Ljudmil Slavov. Skoda says he spent some 120 hours of his own time to work on the project - with a view to retaining the feel of the 1980s hatchback. He said: 'From today's perspective, I think the Favorit was already a kind of Modern Solid. 'It was technically and visually a simple car meant for the general public.' He also wanted to attempt something that went against the grain on today's general look and feel. 'I wanted to update the original idea for today, when various SUVs are popular,' said Slavov. He added: 'I sketched many versions, searched for the ideal shape of the grille and headlights, tried different perspectives and consulted a lot with colleagues.' His design for the Favorit is clean and simple while containing some iconic elements of the original model, along with some interesting touches. These include an asymmetrical badge, a single door handle embedded into the body for both the front and rear, ultra-simplistic four-spoke wheels, illuminated 'Skoda' badging at the rear, as well as slim LED lights all round. Power-packed Skoda Octavia vRS is perfect combo of performance & practicality However, fans will have to use their imaginations for the car's interior, although the seats' headrests reference the open-centred items on the original Favorit. Slavov also designed a rally version - inspired by the Favorit that found success in the World Rally Championship's second-tier class in the early 1990s. This version of the Favorit joins a series of reimaginings by Skoda's designers, which has recently shown new takes on the 1203 van, Voiturette A, Felica Cabriolet, 130RS and Popular Monte Carlo.
Yahoo
6 hours ago
- Business
- Yahoo
Warren Buffett Net Worth Soars In 2025: Oracle Of Omaha Worth As Much As Jensen Huang, Phil Knight, Mark Cuban Combined
With the stock market struggling in 2025, only four of the world's 10 richest people have added to their wealth in 2025, with one of the four being legendary investor Warren Buffett. What Happened: Buffett has a history of beating the S&P 500 performance each year with his Berkshire Hathaway (NYSE:BRK)(NYSE:BRK) conglomerate. While not all stocks owned by Berkshire are up in 2025, the company has several winners and some of its owned segments are performing well, leading to shares being up 12.2% year-to-date and beating the 0.9% gain in 2025 from the SPDR S&P 500 ETF Trust (NYSE:SPY). Don't Miss: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — this is your last chance to become an investor for $0.80 per share. The team behind $6B+ in licensing deals is now building the next billion-dollar IP empire — invest early at $2.25/share. With Berkshire Hathaway stock up, Buffett has added $15.4 billion to his wealth in 2025, as reported by Bloomberg. Buffett currently ranks seventh on the world's richest list and his $15.4 billion gain is the third best in 2025, trailing only Bill Gates (+$20.1 billion) and Mark Zuckerberg (+$15.8 billion). To put Buffett's wealth and gain into perspective, the billionaire known as the Oracle of Omaha is now as rich as these three individuals combined. Jensen Huang, NVIDIA CEO: $118 billion Phil Knight, Nike co-founder and former CEO: $30.8 billion Mark Cuban, investor and NBA owner: $8.2 billion That's right, add up those three billionaires and you reach the same $157 billion wealth of Buffett. With Nike stock down 16.6% year-to-date in 2025, Knight has lost $3.6 billion in wealth in 2025 and currently ranks 60th on the billionaires list. Cuban has gained $366 million in wealth in 2025. Huang is up $3.6 billion year-to-date. The 2025 year is less than halfway over, which means the wealth of all four individuals could change substantially before the end of the year. Read Next: Hasbro, MGM, and Skechers trust this AI marketing firm — Invest before it's too late. Deloitte's fastest-growing software company partners with Amazon, Walmart & Target – Many are rushing to grab 4,000 of its pre-IPO shares for just $0.30/share! Photo: Kent Sievers via Shutterstock Send To MSN: Send to MSN UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? This article Warren Buffett Net Worth Soars In 2025: Oracle Of Omaha Worth As Much As Jensen Huang, Phil Knight, Mark Cuban Combined originally appeared on
Yahoo
14 hours ago
- Business
- Yahoo
Will Paris Air Show Signal Shift In Aerospace Trade? Analyst Flags EU Tariff Risks, Order Delays
On Friday, BOfA Securities analyst hosted Richard Aboulafia, a partner at AeroDynamic Advisory, to discuss expectations for the upcoming 2025 Paris Air Show. The analyst says that regarding news of potential 50% EU tariffs, Aboulafia warned that the Air Show could foreshadow how future international negotiations might unfold. The analyst notes that the EU might draw lessons from recent agreements in China and the Middle East, which mainly included aerospace and defense products. Don't Miss: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — this is your last chance to become an investor for $0.80 per share. Nancy Pelosi Invested $5 Million In An AI Company Last Year — Here's How You Can Invest In Multiple Pre-IPO AI Startups With Just $1,000. Nevertheless, the analyst writes that given the EU's own substantial aerospace and defense industry, which it aims to protect, U.S. aerospace and defense interests might become a point of contention rather than an incentive in these discussions. Regarding Boeing Company (NYSE:BA), Aboulafia views recent deals in the Middle East and China as setting a precedent for other nations' trade negotiations, suggesting orders will be held back as bargaining chips, noted the analyst. The analyst writes that, for both Airbus SE (OTC:EADSY) and Boeing, Aboulafia doesn't foresee many airlines placing large new orders, primarily due to a lack of new aircraft programs and existing backlogs exceeding 10 years for their most popular models. Further, the analyst noted that, as previously disclosed, Aboulafia doesn't anticipate any major new commercial aircraft program unveilings due to ongoing supply chain issues and global macroeconomic constraints. In the defense sector, Aboulafia expects numerous companies to compete for subsystem roles on programs like NGAD/the F-47 and CCA. Additionally, Aboulafia anticipates an outsized presence of unmanned aerial systems at the show, predicting a focus on lower-tech, expendable variants rather than highly sophisticated systems, says the analyst. Read Next: Hasbro, MGM, and Skechers trust this AI marketing firm — Invest before it's too late. 'Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. You can invest today for just $0.30/share with a $1000 minimum. Photo: Shutterstock Send To MSN: Send to MSN UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? This article Will Paris Air Show Signal Shift In Aerospace Trade? Analyst Flags EU Tariff Risks, Order Delays originally appeared on
Yahoo
21 hours ago
- Business
- Yahoo
Mark Cuban Claps Back At Anthropic CEO Dario Amodei's AI Job Loss Warning: 'New Companies With New Jobs Will Come From AI'
Billionaire entrepreneur Mark Cuban challenged artificial intelligence job displacement concerns raised by Anthropic's chief executive, arguing that AI will create more employment opportunities than it eliminates What Happened: Cuban responded on BlueSky to reports about Anthropic CEO Dario Amodei's warnings that people 'should be worried' about losing jobs to AI. The Dallas Mavericks owner posted that 'at one point there were more than 2m secretaries' along with separate dictation employees who represented 'the original white collar displacements.' Cuban's BlueSky post stated that 'new companies with new jobs will come from AI and increase total employment,' directly contradicting Amodei's position that government officials need to 'stop sugar-coating' AI's employment impact. Trending: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — Amodei said that companies 'have a duty and an obligation to be honest about what is coming' regarding AI job embedded content is not available in your It Matters: Cuban's comments reflect his consistent advocacy for AI adoption. He previously advised young people to 'spend every waking minute learning about AI' during the South by Southwest festival in Austin, Texas. Previously, Cuban advised kids that if he were 12 today, he would 'read books and learn how to use artificial intelligence in every way, shape and form you can. Cuban has compared AI's potential impact to the early days of personal computers, stating that understanding AI will be vital for future entrepreneurs, similar to past technology shift,s including PCs, networks, the internet and mobile technology. Read Next: Hasbro, MGM, and Skechers trust this AI marketing firm — Invest before it's too late. 'Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. You can invest today for just $0.30/share with a $1000 minimum. Image Via Shutterstock Send To MSN: Send to MSN UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? This article Mark Cuban Claps Back At Anthropic CEO Dario Amodei's AI Job Loss Warning: 'New Companies With New Jobs Will Come From AI' originally appeared on Sign in to access your portfolio
