-
Kelley Blue Book: GM Will Be 'Well Prepared' Once Industry Shifts Among Classes
Thursday, October 1, 2015 - 3:15pm | 242General Motors Company (NYSE: GM) on Thursday highlighted plans for the near- and long-term future with regards to alternative transportation initiatives. CEO Mary Barra emphasized the chance for GM to be a "disruptor" in the space by positioning itself for future personal mobility...
-
New Car Sales Expected To Fall In August: Here's What It Means
Thursday, August 27, 2015 - 9:12am | 529Kelley Blue Book recently released its new-car sales forecast for August 2015 and, according to the press release, new-car sales will drop 4 percent over the month, with Labor Day timing impacting on results and Fiat Chrysler Automobiles NV (NYSE: FCAU)’s streak probably hitting an end....
-
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...
-
Turboed And Revving, Kelley Blue Book Projects July Auto Sales To Zoom
Friday, July 24, 2015 - 3:34pm | 600Kelley Blue Book released its U.S. auto sales projections for July on Thursday. The research company expects 2.6 percent year-over-year sales growth for a total of 1.47 million vehicles purchased during the month. General Motors Company (NYSE: GM), Toyota Motor Corp (ADR) (NYSE: TM) and Ford...
-
Analysts React To The New Chevy Cruze
Thursday, June 25, 2015 - 4:09pm | 416While analysts may have had a difficult time deciphering General Motors Company (NYSE: GM)’s all-emoji press release about the new 2016 Chevrolet Cruze, they certainly have a lot to say following the English-language statement about the latest Cruze model released this week. On Wednesday...
-
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...
-
KBB's 5 Coolest Cars Under $18,000
Friday, May 22, 2015 - 2:50pm | 439For each of the past 12 years, Kelly Blue Book has released its annual “Coolest Cars Under $18,000” list, a subjective ranking of the coolest and most affordable new cars on the market according to KBB editors. Here’s a rundown of the top five coolest cars according to this year...
-
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...
-
Exclusive: Kelley Blue Book Analyst On Tesla's Range Anxiety
Monday, March 16, 2015 - 3:34pm | 307Shares of Tesla Motors Inc (NASDAQ: TSLA) were up on Monday after CEO Elon Musk (@elonmusk) tweeted on Sunday about a press conference that will take place on Thursday morning. With this event, the company intends to "end range anxiety...via OTA software update." Benzinga contacted...
-
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...
-
Here's What Kelley Blue Book Has To Say About Tesla's Earnings Report
Thursday, February 12, 2015 - 9:32am | 152Speaking to Benzinga, Kelley Blue Book Senior Analyst Karl Brauer said that he believes Tesla Motors Inc's (NASDAQ: TSLA) CEO Elon Musk will be under greater pressure to deliver results in 2015 to achieve a delivery target of 55,000 vehicles. "That number could theoretically happen, if Tesla can...
-
New Products Key To Tesla Motors' Production Goals, Says Kelley Blue Book
Wednesday, February 11, 2015 - 4:05pm | 286Tesla Motors Inc (NASDAQ: TSLA) is aiming for 2014 production equal to that posted for electric vehicles from Nissan Motor Co Ltd (ADR) (OTC: NSANY), an analyst said Wednesday. Tesla is slated to post earnings after the bell, was off 2.5 percent recently, changing hands at $210.88 Kelley Blue Book'...
-
Kelley Blue Book Analyst Sees Big Slow-Down For New Vehicle Sales Growth
Wednesday, January 28, 2015 - 2:19pm | 283Sales of new vehicles are expected to grow at a slowing pace in the current year, while an "onslaught" of used cars will hit the market, according to an analyst. New vehicle sales growth in 2015 will slow to a 3.7 percent pace from 5.8 percent in 2014, according to Alec Gutierrez of...