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The Future Of FordPass
Friday, January 22, 2016 - 2:18pm | 481Ford Motor Company (NYSE: F) has been working to reinvent itself over the past few years, and many believe that the company has laid the foundation to ensure future success in the rapidly changing auto industry. As technology evolves and cars become increasingly more capable, building popular car...
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Will Obama's Proposed $4 Billion Spending Plan Help Autonomous Vehicle Makers?
Friday, January 15, 2016 - 9:33am | 511This week, U.S. Secretary of Transportation Anthony Foxx announced that the Obama administration was planning a near $4 billion spending bill that will spur the development of autonomous vehicles. The announcement suggests that the federal government is looking to get involved in propelling the...
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How To Play The Connected Car Revolution
Thursday, January 14, 2016 - 9:59am | 459As technology continues to advance, consumers are demanding more and more of their devices to offer some type of connectivity element. From washing machines to light bulbs, manufacturers are working to integrate technology into their products in order to give consumers a more streamlined experience...
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Ford To Create Driverless Cars In A League Of Its Own
Wednesday, January 6, 2016 - 10:30am | 370On Tuesday, Ford Motor Company (NYSE: F) CEO Mark Fields remarked that he expects to see driverless cars hit the roads within the next five years. However, the catch was that those cars won't be bearing a Ford emblem. Fields was referring to companies like Daimler AG (OTC: DDAIF) and Tesla Motors...
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Elon Musk: Self-Driving Vehicles Will Be Ready In Just Two Years
Monday, December 21, 2015 - 3:55pm | 214Self-driving and fully autonomous vehicles represent the future of transportation – and that future could be a reality within just two years, according to Tesla Motors Inc (NASDAQ: TSLA)'s CEO Elon Musk. Speaking to Fortune, Musk said his company has "all the pieces" in...
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BlackBerry Unit Working On Autonomous Cars; Stock Reacting To News
Tuesday, December 15, 2015 - 4:57pm | 212Blackberry Ltd (NASDAQ: BBRY)'s stock was up Tuesday after the company entered the semi-autonomous car space. Luxoft Holding Inc (NYSE: LXFT), a software development services and innovative IT solutions provider, and Blackberry's subsidiary, QNX Software Systems Limited, announced...
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Google's Self-Driving Car Gets Pulled Over For Slow Driving
Friday, November 13, 2015 - 2:39pm | 420It's no secret that Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL), through Google, has been testing a self-driving car in California. Google's self-driving car was pulled over by a police officer for driving too slow. The police department confirmed the pull-over, noting that traffic was "backing up...
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Mercedes Aims For Uber
Tuesday, September 15, 2015 - 1:34pm | 347This week, Daimler AG (OTC: DDAIF) Chief Executive Dieter Zetsche told Reuters that the luxury carmaker was aiming to take on Uber with a fleet of autonomous vehicles. Zetsche said the firm would target customers who are not interested in buying their own car, but still value premium transport...
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Driverless Cars: A $97 Billion Opportunity For These Companies
Monday, August 3, 2015 - 2:07pm | 461In a new report, Citi Research analyst Itay Michaeli turns the clock forward 15 years to look at the impact that driverless cars will have on the global auto market by 2030. According to Citi’s analysis, the auto industry can expect annual driverless car sales of up to 15.7 million by 2030...
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How Tesla Reaffirmed Investors' Faith At Annual Shareholders' Meeting
Wednesday, June 10, 2015 - 1:18pm | 445Tesla Motors Inc (NASDAQ: TSLA) had its annual shareholders' meeting on Tuesday, where the company briefed investors on the delivery schedule of Model X and the progress the company has made in autopilot. Andrew Cupps, Cupps Capital Management Company, was on CNBC recently to share his key...
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'Autonomous Cars: Cool To Discuss, Too Early To Be Investible,' Citi Says
Friday, April 17, 2015 - 1:44pm | 377In a report issued Thursday, analysts at Citi discuss issues in relation to the insurance industry and the emergence of autonomous vehicles. While they believe it is still too soon to forecast the outcome for auto insurance, it is not too early to look into some of the implications. According...