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Google Might Team with Audi to Supersede Apple's In-Car Initiative
Monday, December 30, 2013 - 5:46pm | 621Apple (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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The Future Of Self-Driving Cars
Monday, December 30, 2013 - 4:02pm | 476The first self-driving vehicles could be available to purchase in less than 10 years, but the real revolution could come from wireless charging. "The ability [for an automobile] to take instant reactions based on information that is computerized is already realized," Dr. Satwant Kaur, author of...
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November Auto Sales Highest Since Recession
Wednesday, December 4, 2013 - 12:31pm | 556November vehicle sales in the U.S. were the best in more than six years, according to The Wall Street Journal. An improving economic picture is clearly partly responsible. General Motors (NYSE: GM) Vice President Kurt McNeil told The Wall Street Journal, "We feel good about the direction of the...
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U.S. Auto Sales: Who Gained, Who Lost?
Tuesday, December 3, 2013 - 5:34pm | 765Many auto companies have released their U.S. sales figures for November. Investors closely follow these monthly data releases as an indication of the strength of the macro-economic environment, the entire auto sector and individual companies. Barclays boosted its fourth quarter GDP tracking...
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General Motors Slashes Chevy Volt Price By $5,000 To Boost Sales (GM)
Tuesday, August 6, 2013 - 1:55pm | 262General Motors (NYSE: GM) announced Tuesday that it would slash the price of its 2014 Chevrolet Volt by $5,000, in order to uplift forecasts for disappointing sales. According to Bloomberg, the Chevy Volt price cut will help it compete with its closest rivals, namely the Toyota(NYSE: TM) Prius...
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Ford Adding F-150 Fleet Of CNG Powered Vehicles (F)
Wednesday, July 31, 2013 - 2:32pm | 591A resurgence in demand for trucks, coupled with a desire to cut operating costs on the part of commercial fleet buyers, led Ford Motor (NYSE: F) to announce that later this year it will begin selling an F-150 pickup modified to run on compressed natural gas, according to The Wall Street Journal...
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SLIDESHOW: Sizing Up Electric Vehicle Deals (F, GM, HMC, TSLA)
Friday, July 12, 2013 - 3:03pm | 137The automotive world is slowly becoming more environmentally conscious; companies are working to boost gas mileage in cars and vehicles with alternative sources of energy are becoming more popular. The most common of these trends is the fully electric vehicle like the Tesla's (NASDAQ: TSLA)...
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U.S. June Auto Sales Climb To Highest Since 2007
Wednesday, July 3, 2013 - 12:08pm | 525Auto sales in the U.S. rose to a 67-month high in June as Americans continued to spend on more fuel efficient cars and also on pickups in a sign that companies are continuing to invest in new truck fleets as the economy tries to find a footing. Sales Accelerate Ford (NYSE: F) sales of cars and...
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Shares of Tesla are Up Again After Musk Speaks at D11 Conference
Thursday, May 30, 2013 - 1:39pm | 520Shares of Tesla (NASDAQ: TSLA) are once again on the rise after a five percent pullback Wednesday. The primary cause of today’s rise can be attributed to statements by CEO Elon Musk Wednesday night. Triple Supercharging Coverage After accidentally releasing news about charging stations during...
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Nissan Brings More Electric Vehicle Component Production to U.S.
Wednesday, January 16, 2013 - 8:28pm | 624Editor's Note: Story previously said Ford (NYSE: F) did not offer an all-electric vehicle. Ford offers an all-electric version of its Focus, which has been available since the end of 2011. Nissan Motor Co. (OTC: NSANY) announced Tuesday, January 15 that it will diversify production in a plant that...
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Nissan and Samsung May Beat Apple and Google to a Major Innovation
Friday, October 5, 2012 - 3:37pm | 441Apple (NASDAQ: AAPL) wants to stay at the forefront of existing technology. Google (NASDAQ: GOOG), which is designing futuristic glasses and self-driving cars, aims to create the next generation of innovation. The efforts will never be forgotten, but if Nissan and Samsung have anything to say about...
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Toyota Sales Dive in China, Fiat Wants Opel from General Motors
Friday, October 5, 2012 - 8:26am | 521Overseas, Toyota's (NYSE: TM) sales in China are slumping drastically due to boycott efforts of Chinese people on the Japanese automakers after the country's government made a controversial purchase of a group of East China Sea islands in September. China is the world's largest car market, and...
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Overseas Troubles Heighten for Ford, Toyota
Wednesday, September 26, 2012 - 8:53am | 429Automotive companies Ford (NYSE: F) and Toyota (NYSE: TM) are pulling workers and halting production on cars overseas. Ford is exploring the idea of layoffs and buyouts in troubled Europe, while Toyota is temporarily ending production in China throughout the next month or so. The Detroit News is...
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Honda Manufactured the Most Stolen Cars in 2011
Monday, August 20, 2012 - 9:55am | 447Honda (NYSE: HMC) is responsible for manufacturing the first and second most stolen cars in the United States. According to the National Insurance Crime Bureau, the 1994 Accord -- which is still fairly popular and lacks any significant security features -- was stolen more than any other vehicle in...
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Joel Ewanick Resigns as Marketing Chief at General Motors
Monday, July 30, 2012 - 8:24am | 448According to Bloomberg, auto giant General Motors (NYSE: GM) has parted ways with Global Marketing Chief Joel Ewanick, saying that he "failed to meet the expectations that the company has for its employees." In the two short years Ewanick had been with General Motors, he made the decision to stop...