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Where GM, Ford Motor Company And Google Inc Are With The Automated Car
Tuesday, September 30, 2014 - 3:42pm | 901A recent University of Michigan study concluded that a majority of Americans had a positive opinion about self-driving vehicles. Most people who have read about automated vehicles have likely read about Google Inc’s (NASDAQ: GOOG) highly publicized attempts to build an autonomous car....
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It's Official: Mark Fields Will Replace 'The Man Who Saved Ford'
Thursday, May 1, 2014 - 2:07pm | 636A changing of the guard at Ford (NYSE: F). On Thursday, the auto-maker announced Alan Mulally will step down as CEO on July 1, about six months earlier than anticipated – and will be replaced in that position by Ford COO Mark Fields. Mulally, a former top executive at Boeing (NYSE: BA), has...
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Rising Vehicle Inventories In Detroit: Kelley Blue Book Analysts Weigh In
Wednesday, February 12, 2014 - 1:22pm | 610The problem: Automakers including General Motors (NYSE: GM) and Ford (NYSE: F) have too much unsold inventory. According to Jack Nerad, executive editor and market analyst at Kelley Blue Book, when inventories rise, incentives (discounts) are inevitable. In an email to Benzinga, Nerad said, “...
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Panasonic, Major Automakers Evolving With Mobile & Infotainment
Wednesday, January 15, 2014 - 11:45am | 614The presence of integrating mobile and entertainment technology within automotive technology was on display in Detroit at the 25th North American International Auto Show. Panasonic (OTC: PCRFY) had several new concepts on display, including the heads-up-displays (HUDs) which were featured at...
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Ford Reports Record 3Q Profit, Fueled in Part by Strong Results in North America
Thursday, October 24, 2013 - 1:44pm | 387Another good quarter for Ford (NYSE: F). The auto-maker reported a record 3Q pre-tax profit of $2.6 billion early Thursday; data it says reflects continued strong performance in North America and reduced losses in Europe. Pre-tax profit for the quarter was $426 million higher than the same time...