Posted On: 05/07/2014 10:12:39 AM
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Value Place to Expand into Chattanooga, Tennessee
Business Wire - Tue May 06, 8:02AM CDT
Value Place, the largest economy, extended-stay hotel brand in the U.S., has partnered with local franchisors Amish and Dipal Patel to develop a hotel at 7710 Lee Highway in Chattanooga, Tennessee. This will be the brand's eighth hotel in Tennessee.
Outlook of the Global Automotive Aftermarket 2013-2020
M2 - Tue May 06, 5:08AM CDT
Research and Markets (http://www.researchandmarkets.com/research/b76pq2/outlook_of_the) has announced the addition of the "Outlook of the Global Automotive Aftermarket" report to their offering. Global vehicles in operation will increase sharply over the 2013-2020 period, driving new opportunities for light vehicle parts and service providers. This research compiles findings from various deliverables published over the past two years. It covers growth prospects for the global automotive aftermarket in North America, Latin America, Europe, Asia, and Australia. The research includes vehicles in operation analysis, revenue forecasts and top parts, and service providers by regions. It also includes an analysis of mega trends impacting the global automotive aftermarket, with a specific focus on electronic parts retailing. Conclusions and future outlook are presented for each region. DEFINITIONS - This automotive aftermarket includes independent parts and service suppliers (IAM) as well as automakers' dealership networks (OES). - Vehicle scope includes passenger cars and light trucks only, unless otherwise noted. - Geographic scope includes North America, South America, Europe, Asia and Australia. - Revenue includes parts only and excludes service, unless otherwise noted. - Revenue is measured at the manufacturer level and expressed in U.S. dollars, unless otherwise noted. RESEARCH AIMS AND OBJECTIVES Aim The aim of this study is to identify the size and direction of the global automotive parts and services aftermarket, and to identify growth opportunities. Objectives - Calculate aftermarket size in emerging regions through analysis of vehicles in operation and replacement rates - Determine aftermarket direction over the next to years by analyzing market drivers and restraints - Understand the competitive structure of each major region and identify potential barriers to entry - Identify the main distributors and channels to market in each region - Analyze the role of megatrends such as urbanization and new mobility solutions on demand for aftermarket parts and services - Predict major benchmarks the global aftermarket will achieve in 2014 and beyond KEY QUESTIONS THIS STUDY WILL ANSWER - What is the short-to-medium term outlook for the global automotive aftermarket? - Which regions are growing the fastest and why? - Which emerging distribution channels will offer opportunities for growth and differentiation? - How is technology changing how vehicle owners shop for automotive parts and services? - How are emerging regions currently being served, or under-served, by automotive parts and services suppliers? Key Topics Covered: 1. Executive Summary 2. Research Scope and Definitions 3. Global Aftermarket Overview 4. Mega Trends Impacting the Global Automotive Aftermarket 5. Developed Markets 6. Emerging Markets 7. E-retailing in the Global Automotive Aftermarket 8.Conclusions and Future Outlook 9. The Last Word Companies Mentioned - Advance Auto Parts - Amazon.com - AutoZone - Autolia Group - Centro Holding - Chrysler - eBay - Ford Motor - General Motors - Grupo Serca - Inter Cars - M?traux/Derendinger - PV Automotive - Rhiag - Stahlgruber - Tata Motors - U.S. Auto Parts Network - Unipart Group - Volkswagen - Wessels M?ller For more information visit http://www.researchandmarkets.com/research/b7...ook_of_the
Volkswagen Plans an All-Out Invasion of China's Auto Market
ICRA Online, The Motley Fool - Motley Fool - Mon May 05, 7:47PM CDT
Volkswagen is in a nail-biting contest with General Motors over supremacy in the world's largest auto market -- China. The European automaker defeated the American auto major in 2013, but the latter has reclaimed the top position in the first...
Ford Sells Half a Million F-150s with EcoBoost - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon May 05, 6:30PM CDT
Ford Motor Co. (F) has sold half a million F-150 trucks equipped with a 3.5-liter V6 EcoBoost engine.
China Could Pass the U.S. as the World's Largest Economy This Year. So What?
Dan Carroll, The Motley Fool - Motley Fool - Sun May 04, 12:00PM CDT
The United States has held the title of the world's largest economy for more than a century, presiding over the growth of emerging nations and developing markets around the globe. That economic leadership may end in 2014. China's economic growth...
Is This the World's Most Profitable SUV?
John Rosevear, The Motley Fool - Motley Fool - Sat May 03, 9:11AM CDT
Porsche's Cayenne starts at just under $50,000, but lots of buyers opt for higher-level models like this Platinum Edition ($63,300 before options). The difference in price includes a lot of profit. Source: Porsche. Why does a famous sports-car...
Recall Woes Didn't Dent General Motors Company's Sales
John Rosevear, The Motley Fool - Motley Fool - Thu May 01, 6:30PM CDT
Sales of the all-new 2014 GMC Sierra pickup rose 21% in April, GM said on Thursday. Photo credit: General Motors General Motors said on Thursday that its U.S. sales rose 7% in April, beating estimates, as several new GM models posted strong...
New Hotel Zed in Victoria Digs More Modern Than Retro
Marketwire Canada - Thu May 01, 1:08PM CDT
Stylish Mayfair Mall on Douglas Street will have some stiff competition in the cool factor, right across the street, when Hotel Zed officially throws open its doors on Thursday, May 1st and revs up its revamped 1967 Volkswagen Bus to shuttle guests around town for free. The hotel's opening signifies the almost-complete transformation of the former economy-level and basic blue-and-white Blue Ridge Inn into the mid-priced, mid-century-savvy and colourful Hotel Zed.
Amsterdam's Bynder is Bringing Cloud-Based Brand Portals to the United States
GlobeNewswire - Thu May 01, 9:40AM CDT
via PRWEB - The market for on-demand cloud-based brand management tools (Marketing Asset Management, or "MAM"
is gaining momentum, and Bynder has staked its claim in the US with a SaaS product that focuses on usability and customization. Bynder's clientele already includes major international brands such as KLM, Volkswagen, Scotch & Soda, Ingersoll Rand and Allergen.
Volkswagen of America Reports April 2014 Sales
Marketwire - Thu May 01, 9:09AM CDT
Volkswagen of America, Inc. (VWoA) today reported 30,831 units delivered in April.
The Zacks Analyst Blog Highlights: Tesla Motors, SolarCity, Volkswagen, PACCAR and Fox Factory Holding
PR Newswire - Thu May 01, 8:30AM CDT
Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include the Tesla Motors, Inc. (Nasdaq:TSLA-Free Report), SolarCity (Nasdaq:SCTY-Free Report), Volkswagen AG (OTC:VLKAY-Free Report), PACCAR Inc. (Nasdaq
CAR-Free Report) and Fox Factory Holding Corp (Nasdaq:FOXF-Free Report).
Meet Your (Auto) Match With the All-New VW.com
Marketwire - Thu May 01, 8:01AM CDT
Volkswagen of America officially launched a newly redesigned VW.com (www.vw.com) today, following a soft launch late last week. This uses functionality influenced by online dating and e-commerce to let consumers easily shop for cars based on desired features, such as color or price, among the available inventory of more than 80,000 vehicles at Volkswagen dealerships nationwide.
Global In-Vehicle Infotainment Report: Companies and Solutions 2014
M2 - Thu May 01, 6:36AM CDT
Research and Markets (http://www.researchandmarkets.com/research/fmp5b8/invehicle) has announced the addition of the "In-Vehicle Infotainment: Companies and Solutions 2014" report to their offering. In-Vehicle infotainment is one of the fastest growing technologies in the industry. It combines entertainment, navigation and telecommunications system into one easy-to-use interface. The term Infotainment refers to information-based media content or programming that also includes entertainment content in an effort to enhance popularity with audiences and consumers. In-Vehicle infotainment includes hardware/software products and systems which are built into, or can be added to vehicles in order to enhance driver and/or passenger experience. The main function of the car's entertainment system or the head unit is enabling a variety of functions like navigation, radio, DVD players, climate control, Bluetooth, etc. Many vehicles today have infotainment for entertainment, connected with devices such as personal navigation systems and smart phones with a hands-free car kit. Smartphone connectivity bridges the product life cycle gap between car infotainment systems and smart phones. This report evaluates the in-vehicle infotainment market including technologies, companies and solutions. Target Audience: - Mobile network operators - Automobile manufacturers - Wireless device manufacturers - Network infrastructure providers - Application and content developers - Telematics and M2M service providers Companies Mentioned - Alpine - Android - Apple - ARM - Audi - Black Berry - BMW - Chevrolet - Clarion - Cypress Semiconductor Corporation - Daimler-Chrysler - General Motors - Intel - Mentor Graphics - Microsoft - Motorola - Symbio - Symphony Teleca Corporation - Texas Instruments - Volcano - Volkswagen - Volvo For more information visit http://www.researchandmarkets.com/research/fmp5b8/invehicle
Tesla Prepares 2 Gigafactory Sites - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Apr 30, 4:07PM CDT
Tesla Motors, Inc. (TSLA) will be announcing at least two sites for the planned Gigafactory construction in the U.S.
Fitch Rates Volkswagen Auto Loan Enhanced Trust 2014-1
Business Wire - Wed Apr 30, 3:09PM CDT
Fitch Ratings assigns ratings and Rating Outlooks to the notes issued by Volkswagen Auto Loan Enhanced Trust 2014-1 (VALET 2014-1) as follows:
First-Ever Automotive Heritage Celebration At The National Mall
PR Newswire - Wed Apr 30, 2:58PM CDT
The Historic Vehicle Association (HVA) www.historicvehicle.org announced today that it is partnering with Volkswagen Group of America Inc. to celebrate national automotive heritage and culture.
Amsterdam's Bynder Is Bringing Its Cloud-Based Brand Portals to the U.S.
Marketwire - Wed Apr 30, 8:03AM CDT
The market for on-demand cloud-based brand management and marketing asset management (MAM) tools is gaining momentum, and Bynder is staking its claim in the United States through the acquisition of Boston-based LumaCloud. Bynder's clientele already includes major international brands such as KLM, Volkswagen, Scotch & Soda, Ingersoll Rand and Bacardi, but will soon include additional high profile brands.
Global Electric Taxi Market 2014-2018: Market to Grow at a CAGR of 33%
M2 - Wed Apr 30, 3:29AM CDT
Research and Markets (http://www.researchandmarkets.com/research/2t4798/global_electric) has announced the addition of the "Global Electric Taxi Market 2014-2018: Market to Grow at a CAGR of 33%" report to their offering. The Global Electric Taxi market to grow at a CAGR of 33% over the period 2013-2018. The high demand for low-cost electric taxis, primarily in emerging countries, is a major trend being witnessed in the Global Electric Taxi market. Some of the major countries witnessing a strong demand for electric taxis are China, the Philippines, and India. These countries are witnessing growing demand for micro electric taxis, which come in the form of e-rickshaws in India or e-trikes in Philippines. These electric taxis cost much less than pure-electric taxis, making them a more viable option for many buyers. However, these low-cost electric taxis usually do not undergo crash testing and high-cost design improvements. Nevertheless, these factors make them a more affordable option for many consumers. According to the report, the main factor driving the Global Electric Taxi market is the cost-effectiveness of EVs. The EVs currently being used as taxis are pure-electric taxis that do not require any gasoline. After charging, the vehicle's battery can run on the same electric charge for about 80 miles, thus helping users save on running costs on each trip. For example, a Chevrolet Volt can cover over 80 miles per charge while the Tesla S can cover more than 280 miles. Fuel costs are surging, so using an electric car as a taxi can be highly beneficial, especially on short journeys. Further, the report states that the main challenge faced by the Global Electric Taxi market is the limited range of travel that they offer. Most EVs that are affordable for consumers have a limited range of only 80-100 miles per charge and they also need a few hours to charge completely. Hence, when the vehicle runs out of charge, it cannot be used for a few hours leading to a loss in profits for taxi-owners. Also, these vehicles cannot be driven when they are being charged, which is a major drawback for taxi drivers. Key vendors dominating this space are: - BYD Motor Corp. - Chery Automobile Co. Ltd. - Nissan Motor Co. Ltd. - SAIC Motor Corp. Ltd. - Tesla Motors Inc. Other vendors mentioned in the report are: - BMW AG - Fiat Group - General Motors Co. - Honda Motor Co. Ltd. - Mitsubishi Motor Corp. - Toyota Motor Corp. - Volkswagen Group. Key Topics Covered: - Executive Summary - List of Abbreviations - Scope of the Report - Market Research Methodology - Introduction - Market Landscape - Geographical Segmentation - Key Leading Countries - Buying Criteria - Market Growth Drivers - Drivers and their Impact - Market Challenges - Impact of Drivers and Challenges - Market Trends - Trends and their Impact - Vendor Landscape - Key Vendor Analysis For more information visit http://www.researchandmarkets.com/research/2t...l_electric
Goodyear Tire Q1 Sales Deflate, Earnings Badly Miss
at Investor's Business Daily - Tue Apr 29, 12:08PM CDT
Goodyear Tire & Rubber (GT) reported lower than expected first quarter sales. Profit rose vs. a year ago, but also came in lighter than expected, deflating its stock price early Tuesday. The Akron, Ohio, maker of tires and rubber-related chemicals...
Volkswagen Group Makes a Good Start to 2014
Marketwire - Tue Apr 29, 9:33AM CDT
The Volkswagen Group has made a good start to fiscal year 2014 in a market environment that remains difficult. Sales revenue rose by 2.7 percent in the first three months of the year to EUR 47.8 billion (EUR 46.6 billion) despite negative currency effects. Operating profit grew by 21.8 percent to EUR 2.9 billion (EUR 2.3 billion). The Group's operating profit and sales revenue exclude the activities of the Chinese joint ventures, which are accounted for in the financial result using the equity method and is therefore not included in consolidated operating profit. The share of operating profit attributable to the Chinese joint ventures in the first quarter of 2014 was EUR 1.24 billion (EUR 1.16 billion).
Value Place to Expand into Chattanooga, Tennessee
Business Wire - Tue May 06, 8:02AM CDT
Value Place, the largest economy, extended-stay hotel brand in the U.S., has partnered with local franchisors Amish and Dipal Patel to develop a hotel at 7710 Lee Highway in Chattanooga, Tennessee. This will be the brand's eighth hotel in Tennessee.
Outlook of the Global Automotive Aftermarket 2013-2020
M2 - Tue May 06, 5:08AM CDT
Research and Markets (http://www.researchandmarkets.com/research/b76pq2/outlook_of_the) has announced the addition of the "Outlook of the Global Automotive Aftermarket" report to their offering. Global vehicles in operation will increase sharply over the 2013-2020 period, driving new opportunities for light vehicle parts and service providers. This research compiles findings from various deliverables published over the past two years. It covers growth prospects for the global automotive aftermarket in North America, Latin America, Europe, Asia, and Australia. The research includes vehicles in operation analysis, revenue forecasts and top parts, and service providers by regions. It also includes an analysis of mega trends impacting the global automotive aftermarket, with a specific focus on electronic parts retailing. Conclusions and future outlook are presented for each region. DEFINITIONS - This automotive aftermarket includes independent parts and service suppliers (IAM) as well as automakers' dealership networks (OES). - Vehicle scope includes passenger cars and light trucks only, unless otherwise noted. - Geographic scope includes North America, South America, Europe, Asia and Australia. - Revenue includes parts only and excludes service, unless otherwise noted. - Revenue is measured at the manufacturer level and expressed in U.S. dollars, unless otherwise noted. RESEARCH AIMS AND OBJECTIVES Aim The aim of this study is to identify the size and direction of the global automotive parts and services aftermarket, and to identify growth opportunities. Objectives - Calculate aftermarket size in emerging regions through analysis of vehicles in operation and replacement rates - Determine aftermarket direction over the next to years by analyzing market drivers and restraints - Understand the competitive structure of each major region and identify potential barriers to entry - Identify the main distributors and channels to market in each region - Analyze the role of megatrends such as urbanization and new mobility solutions on demand for aftermarket parts and services - Predict major benchmarks the global aftermarket will achieve in 2014 and beyond KEY QUESTIONS THIS STUDY WILL ANSWER - What is the short-to-medium term outlook for the global automotive aftermarket? - Which regions are growing the fastest and why? - Which emerging distribution channels will offer opportunities for growth and differentiation? - How is technology changing how vehicle owners shop for automotive parts and services? - How are emerging regions currently being served, or under-served, by automotive parts and services suppliers? Key Topics Covered: 1. Executive Summary 2. Research Scope and Definitions 3. Global Aftermarket Overview 4. Mega Trends Impacting the Global Automotive Aftermarket 5. Developed Markets 6. Emerging Markets 7. E-retailing in the Global Automotive Aftermarket 8.Conclusions and Future Outlook 9. The Last Word Companies Mentioned - Advance Auto Parts - Amazon.com - AutoZone - Autolia Group - Centro Holding - Chrysler - eBay - Ford Motor - General Motors - Grupo Serca - Inter Cars - M?traux/Derendinger - PV Automotive - Rhiag - Stahlgruber - Tata Motors - U.S. Auto Parts Network - Unipart Group - Volkswagen - Wessels M?ller For more information visit http://www.researchandmarkets.com/research/b7...ook_of_the
Volkswagen Plans an All-Out Invasion of China's Auto Market
ICRA Online, The Motley Fool - Motley Fool - Mon May 05, 7:47PM CDT
Volkswagen is in a nail-biting contest with General Motors over supremacy in the world's largest auto market -- China. The European automaker defeated the American auto major in 2013, but the latter has reclaimed the top position in the first...
Ford Sells Half a Million F-150s with EcoBoost - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon May 05, 6:30PM CDT
Ford Motor Co. (F) has sold half a million F-150 trucks equipped with a 3.5-liter V6 EcoBoost engine.
China Could Pass the U.S. as the World's Largest Economy This Year. So What?
Dan Carroll, The Motley Fool - Motley Fool - Sun May 04, 12:00PM CDT
The United States has held the title of the world's largest economy for more than a century, presiding over the growth of emerging nations and developing markets around the globe. That economic leadership may end in 2014. China's economic growth...
Is This the World's Most Profitable SUV?
John Rosevear, The Motley Fool - Motley Fool - Sat May 03, 9:11AM CDT
Porsche's Cayenne starts at just under $50,000, but lots of buyers opt for higher-level models like this Platinum Edition ($63,300 before options). The difference in price includes a lot of profit. Source: Porsche. Why does a famous sports-car...
Recall Woes Didn't Dent General Motors Company's Sales
John Rosevear, The Motley Fool - Motley Fool - Thu May 01, 6:30PM CDT
Sales of the all-new 2014 GMC Sierra pickup rose 21% in April, GM said on Thursday. Photo credit: General Motors General Motors said on Thursday that its U.S. sales rose 7% in April, beating estimates, as several new GM models posted strong...
New Hotel Zed in Victoria Digs More Modern Than Retro
Marketwire Canada - Thu May 01, 1:08PM CDT
Stylish Mayfair Mall on Douglas Street will have some stiff competition in the cool factor, right across the street, when Hotel Zed officially throws open its doors on Thursday, May 1st and revs up its revamped 1967 Volkswagen Bus to shuttle guests around town for free. The hotel's opening signifies the almost-complete transformation of the former economy-level and basic blue-and-white Blue Ridge Inn into the mid-priced, mid-century-savvy and colourful Hotel Zed.
Amsterdam's Bynder is Bringing Cloud-Based Brand Portals to the United States
GlobeNewswire - Thu May 01, 9:40AM CDT
via PRWEB - The market for on-demand cloud-based brand management tools (Marketing Asset Management, or "MAM"
![](/m/images/icons/icon_wink.gif)
Volkswagen of America Reports April 2014 Sales
Marketwire - Thu May 01, 9:09AM CDT
Volkswagen of America, Inc. (VWoA) today reported 30,831 units delivered in April.
The Zacks Analyst Blog Highlights: Tesla Motors, SolarCity, Volkswagen, PACCAR and Fox Factory Holding
PR Newswire - Thu May 01, 8:30AM CDT
Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include the Tesla Motors, Inc. (Nasdaq:TSLA-Free Report), SolarCity (Nasdaq:SCTY-Free Report), Volkswagen AG (OTC:VLKAY-Free Report), PACCAR Inc. (Nasdaq
![](/m/images/icons/icon_razz.gif)
Meet Your (Auto) Match With the All-New VW.com
Marketwire - Thu May 01, 8:01AM CDT
Volkswagen of America officially launched a newly redesigned VW.com (www.vw.com) today, following a soft launch late last week. This uses functionality influenced by online dating and e-commerce to let consumers easily shop for cars based on desired features, such as color or price, among the available inventory of more than 80,000 vehicles at Volkswagen dealerships nationwide.
Global In-Vehicle Infotainment Report: Companies and Solutions 2014
M2 - Thu May 01, 6:36AM CDT
Research and Markets (http://www.researchandmarkets.com/research/fmp5b8/invehicle) has announced the addition of the "In-Vehicle Infotainment: Companies and Solutions 2014" report to their offering. In-Vehicle infotainment is one of the fastest growing technologies in the industry. It combines entertainment, navigation and telecommunications system into one easy-to-use interface. The term Infotainment refers to information-based media content or programming that also includes entertainment content in an effort to enhance popularity with audiences and consumers. In-Vehicle infotainment includes hardware/software products and systems which are built into, or can be added to vehicles in order to enhance driver and/or passenger experience. The main function of the car's entertainment system or the head unit is enabling a variety of functions like navigation, radio, DVD players, climate control, Bluetooth, etc. Many vehicles today have infotainment for entertainment, connected with devices such as personal navigation systems and smart phones with a hands-free car kit. Smartphone connectivity bridges the product life cycle gap between car infotainment systems and smart phones. This report evaluates the in-vehicle infotainment market including technologies, companies and solutions. Target Audience: - Mobile network operators - Automobile manufacturers - Wireless device manufacturers - Network infrastructure providers - Application and content developers - Telematics and M2M service providers Companies Mentioned - Alpine - Android - Apple - ARM - Audi - Black Berry - BMW - Chevrolet - Clarion - Cypress Semiconductor Corporation - Daimler-Chrysler - General Motors - Intel - Mentor Graphics - Microsoft - Motorola - Symbio - Symphony Teleca Corporation - Texas Instruments - Volcano - Volkswagen - Volvo For more information visit http://www.researchandmarkets.com/research/fmp5b8/invehicle
Tesla Prepares 2 Gigafactory Sites - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Apr 30, 4:07PM CDT
Tesla Motors, Inc. (TSLA) will be announcing at least two sites for the planned Gigafactory construction in the U.S.
Fitch Rates Volkswagen Auto Loan Enhanced Trust 2014-1
Business Wire - Wed Apr 30, 3:09PM CDT
Fitch Ratings assigns ratings and Rating Outlooks to the notes issued by Volkswagen Auto Loan Enhanced Trust 2014-1 (VALET 2014-1) as follows:
First-Ever Automotive Heritage Celebration At The National Mall
PR Newswire - Wed Apr 30, 2:58PM CDT
The Historic Vehicle Association (HVA) www.historicvehicle.org announced today that it is partnering with Volkswagen Group of America Inc. to celebrate national automotive heritage and culture.
Amsterdam's Bynder Is Bringing Its Cloud-Based Brand Portals to the U.S.
Marketwire - Wed Apr 30, 8:03AM CDT
The market for on-demand cloud-based brand management and marketing asset management (MAM) tools is gaining momentum, and Bynder is staking its claim in the United States through the acquisition of Boston-based LumaCloud. Bynder's clientele already includes major international brands such as KLM, Volkswagen, Scotch & Soda, Ingersoll Rand and Bacardi, but will soon include additional high profile brands.
Global Electric Taxi Market 2014-2018: Market to Grow at a CAGR of 33%
M2 - Wed Apr 30, 3:29AM CDT
Research and Markets (http://www.researchandmarkets.com/research/2t4798/global_electric) has announced the addition of the "Global Electric Taxi Market 2014-2018: Market to Grow at a CAGR of 33%" report to their offering. The Global Electric Taxi market to grow at a CAGR of 33% over the period 2013-2018. The high demand for low-cost electric taxis, primarily in emerging countries, is a major trend being witnessed in the Global Electric Taxi market. Some of the major countries witnessing a strong demand for electric taxis are China, the Philippines, and India. These countries are witnessing growing demand for micro electric taxis, which come in the form of e-rickshaws in India or e-trikes in Philippines. These electric taxis cost much less than pure-electric taxis, making them a more viable option for many buyers. However, these low-cost electric taxis usually do not undergo crash testing and high-cost design improvements. Nevertheless, these factors make them a more affordable option for many consumers. According to the report, the main factor driving the Global Electric Taxi market is the cost-effectiveness of EVs. The EVs currently being used as taxis are pure-electric taxis that do not require any gasoline. After charging, the vehicle's battery can run on the same electric charge for about 80 miles, thus helping users save on running costs on each trip. For example, a Chevrolet Volt can cover over 80 miles per charge while the Tesla S can cover more than 280 miles. Fuel costs are surging, so using an electric car as a taxi can be highly beneficial, especially on short journeys. Further, the report states that the main challenge faced by the Global Electric Taxi market is the limited range of travel that they offer. Most EVs that are affordable for consumers have a limited range of only 80-100 miles per charge and they also need a few hours to charge completely. Hence, when the vehicle runs out of charge, it cannot be used for a few hours leading to a loss in profits for taxi-owners. Also, these vehicles cannot be driven when they are being charged, which is a major drawback for taxi drivers. Key vendors dominating this space are: - BYD Motor Corp. - Chery Automobile Co. Ltd. - Nissan Motor Co. Ltd. - SAIC Motor Corp. Ltd. - Tesla Motors Inc. Other vendors mentioned in the report are: - BMW AG - Fiat Group - General Motors Co. - Honda Motor Co. Ltd. - Mitsubishi Motor Corp. - Toyota Motor Corp. - Volkswagen Group. Key Topics Covered: - Executive Summary - List of Abbreviations - Scope of the Report - Market Research Methodology - Introduction - Market Landscape - Geographical Segmentation - Key Leading Countries - Buying Criteria - Market Growth Drivers - Drivers and their Impact - Market Challenges - Impact of Drivers and Challenges - Market Trends - Trends and their Impact - Vendor Landscape - Key Vendor Analysis For more information visit http://www.researchandmarkets.com/research/2t...l_electric
Goodyear Tire Q1 Sales Deflate, Earnings Badly Miss
at Investor's Business Daily - Tue Apr 29, 12:08PM CDT
Goodyear Tire & Rubber (GT) reported lower than expected first quarter sales. Profit rose vs. a year ago, but also came in lighter than expected, deflating its stock price early Tuesday. The Akron, Ohio, maker of tires and rubber-related chemicals...
Volkswagen Group Makes a Good Start to 2014
Marketwire - Tue Apr 29, 9:33AM CDT
The Volkswagen Group has made a good start to fiscal year 2014 in a market environment that remains difficult. Sales revenue rose by 2.7 percent in the first three months of the year to EUR 47.8 billion (EUR 46.6 billion) despite negative currency effects. Operating profit grew by 21.8 percent to EUR 2.9 billion (EUR 2.3 billion). The Group's operating profit and sales revenue exclude the activities of the Chinese joint ventures, which are accounted for in the financial result using the equity method and is therefore not included in consolidated operating profit. The share of operating profit attributable to the Chinese joint ventures in the first quarter of 2014 was EUR 1.24 billion (EUR 1.16 billion).
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