-
Elon Musk 'Likes To Talk Big Numbers' But His Growth Target For Tesla Is Not 'Realistic,' Says Analyst
Saturday, January 4, 2025 - 8:02am | 446Karl Brauer of iSeeCars on Friday said that he does not believe Tesla Inc. (NASDAQ:TSLA) can achieve Elon Musk’s target of 20% to 30% sales growth in 2025 even with a lower-priced model. What Happened: “The ramp-up time just to produce an all-new model is going to take longer…...
-
The Ford Bronco And O.J. Simpson, Forever Linked
Friday, June 19, 2020 - 11:57am | 556Ford Motor Company (NYSE: F) scheduled its new Bronco reveal for July 9. That’s O.J. Simpson's 73rd birthday — a man remembered less for his NFL career than for the slow-speed police chase through Los Angeles of the white 1993 Ford Bronco he was riding in after being charged...
-
Ford, FCA, Honda Post Sales Growth As Toyota Languishes
Friday, June 1, 2018 - 12:25pm | 673The auto industry didn’t set as many records in May as it did in preceding months, but it continued a streak of outperformance. Ford Motor Company (NYSE: F) led the pack with 242,824 units sold, followed by Toyota Motor Corp (ADR) (NYSE: TM) (215,321), Fiat Chrysler Automobiles NV (NYSE: FCAU...
-
April Auto Sales Fall; Fiat Chrysler's Jeep Is 'Back In The Game'
Tuesday, May 1, 2018 - 2:26pm | 867With the exception of a Jeep-driven Fiat Chrysler Automobiles NV (NYSE: FCAU), just about every U.S. automaker reported year-over-year sales declines. But this April’s two fewer selling days lent a “solid excuse,” according to Karl Brauer, executive publisher for Autotrader and...
-
2015 Could Be The Best Year Ever For Auto Sales
Wednesday, November 4, 2015 - 2:14pm | 384According to The Detroit News, 2015 auto sales could surpass the all-time record of 17.41 million vehicles set in 2000. Automakers sold 1.46 million new cars and trucks in October – the best monthly performance since 2001. Demand for trucks and SUVs continues to drive sales ahead of holiday...
-
Auto Experts Peel The Onion On Consumer Reports' Tesla Issues
Tuesday, October 20, 2015 - 3:47pm | 380Shares of Tesla Motors Inc (NASDAQ: TSLA) were down more than 10 percent on Tuesday after Consumer Reports highlighted long-term quality issues. Kelley Blue Book senior analyst Karl Brauer told Benzinga he is "surprised it took them this long to note these issues." When asked about...
-
Tesla's Model X Launch Seeing Mixed Sentiment From The Pros
Tuesday, September 29, 2015 - 8:26am | 740Tesla Motors Inc (NASDAQ: TSLA)'s Model X SUV will be officially launched on Tuesday. The Model X was initially planned to be released in 2013. Kelley Blue Book analysts offered mixed reviews ahead of the launch. After years of anticipation, Tesla Motors will officially launch its...
-
Weekly Tech Highlights: The Power Of Tesla's Powerwall And Google Sings The ABCs
Saturday, August 15, 2015 - 6:36pm | 828Google Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) surprised investors with an announcement no one saw coming, but that wasn't the only hot story from the second week of August. Read on to see what investors were excited about. Google Announced Alphabet, A New Holding Company Google surprised investors...
-
Tesla's Batteries Could Fund Its Car Production Efforts
Thursday, August 13, 2015 - 3:03pm | 580Many analysts believe that batteries are the future of Tesla Motors Inc (NASDAQ: TSLA). They may also help the company achieve its original goals as an automaker. "If you wanted to basically think that, long-term, Tesla's battery technology and battery production capacity will fund...
-
Analysts Weigh In On JD Power Auto Quality Report
Thursday, June 18, 2015 - 4:18pm | 876JD Power released its annual Auto Quality report on Wednesday, with Korean brands extending their quality gap over other manufacturers. Meanwhile, Japanese makes, which have been traditionally renowned for their reliability, slumped to a 29-year low. JD Power measures quality by looking at the...
-
Sticker Shock: New Vehicle Prices Up 4.3% From Year Earlier
Tuesday, June 2, 2015 - 11:57am | 454Prices for new vehicles edged up 4.3 percent last month from the same period a year ago, even as they dipped 0.3 percent from April, according to market research released Tuesday. Cheaper gasoline drove demand for trucks and sport-utility vehicles, resulting in an elevated average transaction...
-
May U.S. Auto Sales Are On Deck. What's Coming?
Monday, June 1, 2015 - 4:17pm | 394Automakers will be releasing their sales figures for the month of May this Tuesday, and investors should expect above-average volatility in the automotive industry. Forecasts call for a seasonally adjusted selling rate of 17.3 million vehicles within the United States, which would mark the...
-
Kelley Blue Book Senior Analyst On Tesla's Acquisition, Earnings
Thursday, May 7, 2015 - 12:00pm | 443Kelley Blue Book senior analyst Karl Brauer recently commented on Tesla Motors Inc (NASDAQ: TSLA) Q1 results and its purchase of a tool and die company in Grand Rapids, Michigan. Brauer said Tesla’s purchase of the Michigan-based tool and die maker was based on the need to secure...
-
The Rumored Apple Car Initiative: 6 Things Investors Must Know
Wednesday, February 18, 2015 - 12:44pm | 1298Apple Inc. (NASDAQ: AAPL)'s rumored automobile initiative is spreading fast. Reuters and The Wall Street Journal have already published stories on Apple's plans. Numerous others have chimed in with theories and opinions. From Google Inc (NASDAQ: GOOG) to Tesla Motors...
-
Who Will Develop The Netflix Of The Auto Industry?
Wednesday, February 18, 2015 - 12:21pm | 657In addition to Google Inc (NASDAQ: GOOG) (NASDAQ: GOOGL), who is already developing new car technology, a number of tech giants are rumored or expected to enter the auto space. Apple Inc. (NASDAQ: AAPL) is the most prominent, thanks to a plethora of reports claiming that the company is entering...