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The Fall Of Volkswagen: How Analysts Are Reacting
Tuesday, September 22, 2015 - 1:15pm | 748Read More...Shares of Volkswagen AG (ADR) (OTC: VLKAY) plunged to new 52-week lows of $24.40 on Tuesday. Investors and traders continue reacting to the negative headlines that the company manipulated its emissions standards data. Volkswagen stated it will fully cooperate with regulators, as emissions under...
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Legal Issues Are Giving Volkswagen Investors An Enormous Headache
Monday, September 21, 2015 - 3:08pm | 341Read More...A scandal involving Volkswagen AG (ADR) (OTC: VLKAY) surfaced last Friday. According to reports, one of the world’s largest carmakers (if not the largest) was cheating emissions tests in the U.S., the EPA said. Shares of the company are down more than 17 percent on Monday trading...
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Hespen Rally: Car Lovers Unite To Honor Fellow Enthusiast
Monday, September 21, 2015 - 3:04pm | 943Read More...The automotive community is a unique one. Regular folk might not realize though that it’s also an incredibly close-knit one as well. The Hespen Rally was created as a fundraiser for bile duct cancer research, an uncommon form of cancer that affects 2,000-3,000 people annually, according...
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Tesla Guidance Could Come Up 'Soft,' While Mobileye Might Have Upside: Pacific Crest
Wednesday, August 5, 2015 - 9:47am | 625Read More...In a report published Tuesday, Pacific Crest analyst Brad Erickson looked forward to two names in the auto space reporting earnings this week: Tesla Motors Inc (NASDAQ: TSLA) and Mobileye NV (NYSE: MBLY). Tesla: Moving To The Sidelines Looking forward to Tesla's second-quarter print (...
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Can Nokia Exist If It Sells All Of Its Businesses?
Tuesday, August 4, 2015 - 2:42pm | 631Read More...Nokia Corporation (ADR) (NYSE: NOK) famously sold its handset business to Microsoft Corporation (NASDAQ: MSFT) for $7.52 billion. This week the company sold its mapping business to BMW Group, AUDI AG VORMALS AUDI (OTC: AUDVF) and Daimler AG (OTC: DDAIF). The three automakers reportedly paid $3....
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Connected Cars Present Distracted Driving Hazards
Tuesday, July 7, 2015 - 9:15am | 496Read More...The dangers of texting and driving are well known thanks to years of campaigns educating the public and new legislation outlawing the behavior across the U.S. However, the latest car designs are raising red flags among experts as their dashboard displays appear to have created a loophole that...
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Bank Of America On 2015 Auto Manufacturers: Keep Those Wheels Turning
Wednesday, February 4, 2015 - 4:28pm | 708Read More...In a report published Tuesday, analysts at Bank of America took a look at the U.S. auto manufacturers' industry, which saw January U.S. light vehicle sales rise 9.3 percent year-over-year on a selling-day-adjusted basis, above the firm’s mid-month estimate of +8.0 percent “for a...
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SunTrust On Auto Connectivity: Conversation Moving Beyond Google
Monday, January 12, 2015 - 11:14am | 277Read More...SunTrust Robinson Humphrey's Bob Peck on Monday commented in a note that Google Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) is no longer the dominant name within the connected automobile space. “When it came to automobiles this year the conversation moved beyond Google and its self-...
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Analysts at Baird Upgrade Tesla
Tuesday, January 14, 2014 - 6:14pm | 356Read More...Ben Kallo, analyst at R.W. Baird upgraded shares of Tesla Motors (NASDAQ: TSLA) to Outperform following the company's remarks at the Detroit Auto Show. Kallo believes that there are several upcoming catalysts that justifies buying shares at the current levels, including the company's “platform...
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Is Apple Interested In Competing With Google's Open Automotive Alliance?
Wednesday, January 8, 2014 - 2:48pm | 530Read More...Google (NASDAQ: GOOG) is getting a lot of buzz for creating the Open Automotive Alliance, but Global Equities Research analyst Trip Chowdhry doesn't expect Apple (NASDAQ: AAPL) to follow suit. "Apple has no interest in the car market," Chowdhry told Benzinga. "Not really. That [does not] fit their...
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Google Might Team with Audi to Supersede Apple's In-Car Initiative
Monday, December 30, 2013 - 5:46pm | 621Read More...Apple (NASDAQ: AAPL) is one of the largest companies developing in-car technology, but Google (NASDAQ: GOOG) might be hatching a plan to overtake its competitor. According to The Wall Street Journal, Google and Audi (OTC: AUDVF) will announce a new partnership next week at the Consumer...
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Luxury Cars Fail Crash Test; Ford Recalls More Vehicles
Tuesday, August 14, 2012 - 8:39am | 492Read More...The auto industry has had its fair share of trials to overcome as of late, as trusted motor companies like Ford (NYSE: F) and Toyota (NYSE: TM) have dished out many recalls throughout 2012. Now drivers may feel the need to heighten their skepticism, as several luxury vehicles have failed to pass a...
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Audi to Utilize Unique (& Expensive) Marketing Tactic at Frankfurt Auto Show
Monday, June 20, 2011 - 6:53am | 270Read More...German automaker Audi will spend more than $14 million on an indoor track at this year's Frankfurt Auto Show, Bloomberg is reporting Monday. Audi's interactive exhibit will be over 300 feet long, 200 feet wide and nearly 40 feet high. A 1000-foot+ track will also allow for test driving. About 30...
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US Makes 3 Of The Best Cars Of 2010 Says Bloomberg
Thursday, December 16, 2010 - 9:25am | 138Read More...According to Jason Harper at Bloomberg, the American car companies such as General Motors (NYSE: GM) and Ford (NYSE: F) have managed to take several slots in the listing, with Chevy's Volt taking the Best Green AND Best Car Overall vote. Other cars include the 2011 Ford Fiesta being named as the...
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Audi Reports Record August U.S. Sales
Wednesday, September 1, 2010 - 3:52pm | 187Read More...Audi today maintained its 2010 momentum with record August U.S. sales, which surpassed the prior August record set in 2003 by more than 900 vehicles. August 2010 sales of Audi cars and SUVs climbed 14% compared to August 2009, and marked the best monthly sales performance since May of this year....
