Tires

New Tire Agent website allows buyers to finance their tire purchase

A new app and website will help buyers finance their tire purchase

Photo courtesy of Pirelli

According to Consumer Reports, the average tire costs $137. Opting for a premium set of wheels can be even more, with varieties going north of $300 and $400 rather quickly - and that's per tire. There's also taxes, fees, and installation costs to be factored in.

As the economy constrains as a result of the COVID-19 pandemic it's likely the many individuals have less cash on hand than they usually do. Traditionally, when that is the case, Americans turn to credit card spending, wracking up balances with high interest rates for the convenience of paying later for what they need today. However, when low credit scores and lack of a steady income interfere with getting life's necessities, many often put off purchases and hope for the best.

Having a tire go down doesn't work like that. There's no way around having a flat.

Tire Agent app The Tire Agent website allows buyers to finance their tire purchase.Photo courtesy of Tire Agent

Tire Agent is a startup website that aims to make "online tire shopping easy and financially accessible for every customer, accommodating all budgets and credit scores." The site includes a proprietary tire financing platform, PayPair, which is designed to match customers of any credit score (including poor credit and no credit) with a variety of lenders, financing, and leasing companies to cover the cost of new tires.

Repayment can take place over three, six, or 12 months.

Currently, the platform offers more than 50 tire brands and 20 wheel brands for sale. It also is able to recommend tires based on three categories: premium, best warranty, and greatest value. During the checkout process, Tire Agent helps users find a nearby installer and shows the cost of installation upfront.

Tire Agent has a network of over 600 tire distribution warehouses. The company is partnered with15,000 installation centers across the United States. Customers have the option of having their tires and wheels shipped to their home, shipped to a FedEx pick up location, or shipped directly to one of Tire Agent's partnered installers.

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Photo courtesy of Hyundai Motor Group

Hyundai Motor Group, the parent company of Hyundai, has announced the formation of a new unit - New Horizons Studio. The new venture is focused on the development of what Hyundai calls Ultimate Mobility Vehicles (UMVs).

New Horizons Studio is part of Hyundai's larger focus on the future of mobility. Unit workers will work to envision vehicles that wander with "unprecedented mobility". These products will focus on target customers that have unconventional travel needs whether it be to access places they have never been or adapt their mobility limitations to their surroundings.

Hyundai 'Elevate' Walking Car Concept

Photo courtesy of Hyundai Motor Group

New Horizons Studio is led by Vice President Dr. John Suh, who has held several leadership roles at Hyundai Motor Group since 2011. He served as founding director of Hyundai Ventures, and then led Hyundai CRADLE (Center for Robotic-Augmented Design in Living Experiences) as its founding director based in Silicon Valley. He brings over 35 years of expertise in the automotive and emerging technology sectors, including roles at Stanford University, Palo Alto Research Center (PARC; formerly, Xerox PARC), and General Motors Company.

"We aim to create the world's first transformer-class vehicle, also known as the Ultimate Mobility Vehicle," said Dr. Suh.

Dr. Ernestine Fu will move to New Horizons Studio as Director of Product Management. She has led research on human operator and autonomous vehicle interactions at Stanford University's Volkswagen Automotive Innovation Lab, as well as scaled emerging technology companies for over nine years as a venture capital partner at Alsop Louie Partners.

The Hyundai Elevate is the first vehicle being developed by the Studio. It debuted at CES 2019 and does not rely solely on wheels to makes it way across urban, suburban, and rural landscapes. The unit sees the Elevate as being able to respond in emergency situations like natural disasters or assist with persons who do not have access to an ADA ramp.

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The Lamborghini Urus Graphite Capsule adds new interior and exterior color choices for buyers.

Photo courtesy of Lamborghini Automobili

Expressions in color and trim meet at the Urus Graphite Capsule, a collection of SUVs produced by super luxury automaker Lamborghini. The Urus itself sits at the intersection of performance and practicality, and is the best-selling model in the Lamborghini lineup.

The Urus Graphite Capsule lets buyers push the limit in a pick-and-choose fashion. Lamborghini will offer the Urus Graphite Capsule in four new exterior matte colors including white Bianco Monocerus, black Nero Noctis, and grey Grigio Nimbus and Grigio Keres. The lower parts of the car, the front, rear, and side sills, are all finished in the color.

Lamborghini Urus Graphite Capsule

Photo courtesy of Lamborghini Automobili

From there, buyers are able to choose from four tiny accent colors: orange Arancio Leonis and Arancio Dryope, yellow Giallo Taurus, and green Verde Scandal. Those accent colors are shown on the front splitter, door inserts, and rear spoiler.

The cabin of the Urus sports the same traditional design the SUV has had during this, its initial generation. The Urus Graphite Capsule check box adds dark, anodized aluminium trim on the dashboard and door panels, with new matt-finish carbon fiber inserts. The buyer's choice of exterior colors are carried over to the inside where upholstery is contrast stitched. Q-citura stitching and the embroidered Lamborghini logo reside on the headrests.

The ventilated Alcantara seats are an exclusive option only available on the Urus Graphite Capsule and the recently launched Pearl Capsule.

"The new Graphite Capsule endorses the inimitable versatility of the Lamborghini Urus as the original Super SUV: its color and styling is as adaptable and versatile as its presence in every high-performance and lifestyle environment." said Automobili Lamborghini Chief Commercial Officer Giovanni Perosino. "The inherent design of the Lamborghini Urus, with the DNA of our super sports heritage, lends itself to virtually limitless potential for personalizing color and trim. The Urus Graphite Capsule is the latest collection to offer our growing clientele the opportunity to stamp their individuality and way of life on their Lamborghini."

The Urus Graphite Capsule is available on Urus model year 2021. It has a starting MSRP of $218,009 in the U.S.

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