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Detroit News Auto Critic: Tesla Model 3 Is 'The Auto Story Of The 21st Century'
Wednesday, April 6, 2016 - 12:31pm | 558Read More..."The Model 3 may not be the Model T. But it's the auto story of the 21st century. And its mad genius creator will be tweeting every step of the way." –Henry Payne, The Detroit News In an article from the Detriot News, auto critic Henry Payne paralleled this century's...
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Multiple Auto Analysts: Ferrari's Stock Could See Downside, May Not Find Growth
Monday, November 16, 2015 - 11:17am | 603Read More...Shares of Ferrari NV (NYSE: RACE) were trading lower by 3 percent during Monday's session. Analysts at ISI Group and BNP Paribas both cautioned investors in separate notes on Monday. The analysts suggested that shares of Ferrari could see downside as the company's pricing power...
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A Different Way To Bet Against Volkswagen
Wednesday, September 30, 2015 - 1:31pm | 403Read More...Volkswagen AG (ADR) (OTC: VLKAY) faces a number of risks that are hard to quantify at this time. For one, VW Financial Services’ balance sheet could take a massive hit. Bank of America has initiated Underweight ratings on Volkswagen’s corporate bonds. Analyst Teo Lasarte still...
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Investors, Look To Buy Volkswagen On The Dip
Friday, September 25, 2015 - 1:12pm | 620Read More...The emissions scandal that Volkswagen AG (ADR) (OTC: VLKAY) is facing has taken the company's shares down by roughly 30 percent over the past two days. The company is also facing massive fines and even criminal lawsuits in the United States; a new probe looking into its software in the UK has...
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This Analyst Just Said Tesla, Apple And Google Could Put Porsche, BMW, GM And Ford Out Of Business
Friday, February 20, 2015 - 4:14pm | 531Read More...Out with the old and in with the new? That'd the word from Global Equities Research analyst Trip Chowdhry. "Right now, [the auto industry] is a trillion-dollar market, more than that," Chowdhry told Benzinga. "Apple is not a player. If Apple can get just 10 percent of the...
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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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U.S. June Auto Sales Climb To Highest Since 2007
Wednesday, July 3, 2013 - 12:08pm | 525Read More...Auto 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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Barron's Recap (11/24/12): Trouble in Tea Land
Saturday, November 24, 2012 - 1:22pm | 840Read More...This weekend in Barron's online: the prospects for Hain Celestial, Atlantic City, PPH and European stocks, as well as a look at jazz from HBO's Treme. Cover Story "Unnaturally Good" by Bill Alpert. Organic food company Hain Celestial (NASDAQ: HAIN) has built a small empire through two decades of...
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The Rich & Famous Version Of Ping Pong
Thursday, July 28, 2011 - 2:54pm | 140Read More...Ping pong is generally played with two paddles and a ball. One player hits the ball back to each other over a net and the first to 21 points wins. Well that's not apparently how the rich play ping pong. A woman in Monte Carlo caused a five car pile up worth an estimated £700,000, as she smashed...
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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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Porsche's October Sales Up Over 60%
Tuesday, November 2, 2010 - 12:44pm | 59Read More...Porsche Cars North America, Inc. today announced October sales in the U.S. of 2,647 units compared to the same month last year when it sold 1,642 new cars, an increase of 61 percent. This represents Porsche's second-best sales month this year. October's strong showing pushed Porsche's year-to-date...
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Porsche/VW Merger Delayed On Lawsuits
Tuesday, October 19, 2010 - 7:06am | 197Read More...According to Bloomberg, Volkswagen AG (ETR: VOW) may be delaying the merger with Porsche (ETR: PAH3) due to risks from U.S. lawsuits and German tax issues. VW CEO Martin Winterkorn was quoted “It can't be ruled out that the legal proceedings may drag on for some time to come until a final decision...










