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Looking for the Next Big Market, Tesla Opens Shop in China
Tuesday, December 17, 2013 - 5:29pm | 617Read More...Tesla (NASDAQ: TSLA) CEO Elon Musk says he has no idea how well his electric car will sell in China; calling the country a “wild card.” However, since the Chinese have an appetite for large luxury cars -- and since the country suffers from high air pollution, an incentive for the government to...
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Tesla's Model S Is A 'Laptop On Four Wheels' (TSLA)
Friday, August 9, 2013 - 11:19am | 931Read More...Tesla's (NASDAQ: TSLA) Model S and Model X come equipped with a beautiful touch display that dwarfs the full-size iPad. Tesla isn't in the business of producing tablets, however. It created the Model S to change the automotive industry and redefine the merits of an electric car. Even so, Global...
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Tesla Fanatics Call Citron a Lemon (TSLA)
Wednesday, July 31, 2013 - 8:35am | 685Read More...Editor's note: This story was updated at 9:54am EST at the bottom with comments from Citron Research's Andrew Left. Tuesday, Citron Research issued a negative tweet that sent Tesla (NASDAQ: TSLA) shares lower. Related: Tesla shares dropped as much as $5 on the bearish comments Car of the Future Is...
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BMW CEO Norbert Reithofer Comments On Monday's i3 Release
Monday, July 29, 2013 - 10:23am | 244Read More...Norbert Reithofer, CEO of BMW (FRA: BMW), appeared for a brief interview on CNBC's Squawk Box, where he went over some of the details and potential of their new electric car the i3. "This vehicle is revolutionary and I have to say it's fun to drive. It is a real BMW, and you can really say it is...
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Nissan Brings More Electric Vehicle Component Production to U.S.
Wednesday, January 16, 2013 - 8:28pm | 624Read More...Editor'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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Cadillac Headed for Brazil
Tuesday, October 23, 2012 - 9:05am | 453Read More...In an effort to increase global awareness of its finest luxury brand, General Motors (NYSE: GM) is contemplating exporting the crested cars to other parts of the world, the latest possibility is to Brazil. GM has no plans to actually build the cars in Brazil, which currently sits as the world's...
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3 Reasons Google's Self-Driving Car Will Flop
Monday, September 10, 2012 - 9:16am | 821Read More...It may seem like something out of an episode of "The Jetsons," but give internet search giant Google (NASDAQ: GOOG) credit. The company has made impressive strides toward making self-driving cars a reality. Google recently announced its fleet of a dozen self-driving vehicles has logged 300,000...
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General Motors Prepares for Pension Decision and Cadillac Campaign
Wednesday, July 18, 2012 - 10:56am | 356Read More...Auto giant General Motors (NYSE: GM) is preparing for a big day on Friday, when 42,000 retirees will choose between a lump-sum buyout or an annuity. According to the Detroit News, retirees that retired between October 1, 1997 and December 1, 2011 can receive a lump sum that in some cases is more...
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Audi to Utilize Unique (& Expensive) Marketing Tactic at Frankfurt Auto Show
Monday, June 20, 2011 - 6:53am | 270Read More...German automaker Audi will spend more than $14 million on an indoor track at this year's Frankfurt Auto Show, Bloomberg is reporting Monday. Audi's interactive exhibit will be over 300 feet long, 200 feet wide and nearly 40 feet high. A 1000-foot+ track will also allow for test driving. About 30...
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Fuel Efficiency a "Central Driver" for Automotive Earnings and Share Price Performance, Credit Suisse Reports
Monday, June 13, 2011 - 8:07am | 89Read More...Credit Suisse remains convinced that fuel efficiency, next to emerging market growth, is the “central driver for earnings and share price performance.” “Our analysis of 2010 CO2 emission data points to material differences between OEMs: BMW continues to outperform Mercedes in terms of meeting CO2...
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Auto Industry Prepares For High Fuel Prices (F, GM)
Wednesday, March 2, 2011 - 11:14am | 323Read More...The automobile industry must prepare itself for permanently high-priced fuel. Depsite having a surge of automobile sales in February, the industry must make quick adaptations to the rise in fuel prices, which are likely to remain high. European carmakers seem to be focusing on developing hybrid...
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AutoNation CEO: $5 Gas Is The Freak-Out Number
Wednesday, January 12, 2011 - 5:26pm | 493Read More...When will consumers be forced into using hybrids and other fuel-efficient vehicles? AutoNation, Inc. (NYSE: AN) CEO Mike Jackson thinks he has the answer. “If the price of gas is basically $3 to $3.50, I don't see [fuel efficiency] going anywhere,” said Jackson, who spoke to Benzinga while...
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Mercedes And Consumers Can Still Ask Dr. Z
Monday, October 18, 2010 - 9:22am | 323Read More...According to Barron's,Daimler (PINK: DDAIF) is back in the fast lane despite a harsh dose of reality from Dr. Zetsche. Barron's reports that back in 2006 when Chrysler and Mercedes were still in a committed relationship, the "Ask Dr. Z" commercials began to appear on television as an ad campaign...
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Francisco Garcia Parames 3 Investment Ideas
Tuesday, October 12, 2010 - 12:47pm | 32Read More...Francisco Garcia Parames spoke at the Value Investing Congress and gave some of his investment ideas, such as BMW preferred shares, as well as CIR, and Ferrovial. All these stocks trade overseas.
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BMW Group September 2010 Sales up 20.5%
Friday, October 1, 2010 - 3:31pm | 41Read More...The BMW Group in the U.S. reported September sales of 23,112 vehicles, an increase of 20.5 percent from the 19,175 vehicles sold in September 2009. Year-to-date, the BMW Group also reported a sales volume of 192,052 vehicles, up 7.2 percent from the 179,219 units sold through September 2009.
