US auto sales expected to rise in April
AP - 1 hr 29 mins ago
DETROIT (AP) — U.S. consumers continued buying cars at a fast clip in April as the last snow melted from dealers' lots.
Has the Near-Term Pressure on General Motors Company Created a Buying Opportunity?
Marshall Hargrave, The Motley Fool - Motley Fool - Wed Apr 30, 10:45PM CDT
General Motors ' shares are down 17% year to date, a pullback that has come as the company addresses problems with ignition switches in its vehicles that have been linked to 32 accidents and 13 deaths. Due to the market's reaction during the...
Final Glance: Autos companies
AP - Wed Apr 30, 5:07PM CDT
NEW YORK (AP) — Shares of some top autos companies were up at the close of trading:
U.S. Senators Push DOT to Issue GM "Park it Now" Order as Thomas J. Henry Injury Attorneys Client Count Swells to 500
PR Newswire - Wed Apr 30, 4:56PM CDT
Senators Edward Markey of Massachusetts and Richard Blumenthal of Connecticut are urging the Department of Transportation to issue a "Park It Now" order for 2.5 million General Motors vehicles recalled for defective ignitions.[1] The senators both serve on a Congressional committee charged with investigating GM and their handling of the ignition switch recall.
Toyota's move to Texas is about more than money
AP - Wed Apr 30, 4:11PM CDT
DETROIT (AP) — Toyota's move from Los Angeles-area offices to a new U.S. headquarters in Texas is likely about more than tax incentives.
Gov't report says US lost $11.2B on GM bailout
AP - Wed Apr 30, 4:10PM CDT
NEW YORK (AP) — A new report says taxpayers lost $11.2 billion on the government's bailout of General Motors.
General Motors Set to Possibly Pullback After Yesterday's Rally of 1.44%
Comtex SmarTrend(R) - Wed Apr 30, 3:55PM CDT
General Motors (NYSE:GM) traded in a range yesterday that spanned from a low of $33.84 to a high of $34.54. Yesterday, the shares gained 1.4%, which took the trading range above the 3-day high of $34.10 on volume of 12.6 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
Midday Glance: Autos companies
AP - Wed Apr 30, 1:12PM CDT
NEW YORK (AP) — Shares of some top autos companies are up at 1 p.m.:
Majority Of New-Car Shoppers Unaffected By GM Recall, Reports Kelley Blue Book
PR Newswire - Wed Apr 30, 1:11PM CDT
Despite General Motors' recent recalls, KBB.com survey data found consideration among the majority of shoppers remains unaffected, reports Kelley Blue Book www.kbb.com, the only vehicle valuation and information source trusted and relied upon by both consumers and the automotive industry. The survey data also revealed only 5 percent of new-vehicle shoppers say the recent GM recall caused them not to consider purchasing a Chevrolet, Cadillac, GMC or Buick model.1
2,000 New Ford Kansas City Employees Celebrate Start of Production of Game-Changing 2015 Ford Transit Van
Business Wire - Wed Apr 30, 11:30AM CDT
--Ford Transit is the newest member of the nation's best-selling and broadest lineup of commercial vehicles, providing customers Built Ford Tough durability, best-in-class maximum interior cargo height, and better cargo volume and payload capacity than competing vans from General Motors and Chrysler
Honda Odyssey: Maximum van, minimum fuel
By ANN M. JOB - AP - Wed Apr 30, 10:55AM CDT
The roomy and comfortable riding Honda Odyssey family van is starting 2014 much the way it finished 2013 — on top.
Early Glance: Autos companies
AP - Wed Apr 30, 9:46AM CDT
NEW YORK (AP) — Shares of some top autos companies are mixed at 10 a.m.:
Karmanos Cancer Institute's 32nd Annual Dinner raised All-Time High: More than $2.7 million to enhance Cancer Care
PR Newswire - Wed Apr 30, 4:35AM CDT
The Barbara Ann Karmanos Cancer Institute's 32nd Annual Dinner chaired by Pernilla Ammann, chief operating officer of Mother New York; and Dan Ammann, president of General Motors Company, raised more than $2.7 million, making this year's event the most successful Annual Dinner in Karmanos' history. Host sponsor for the elegant gala was Cadillac. Proceeds from this year's Annual Dinner will assist with the renovation of the Institute's infusion center, providing a more comfortable and soothing setting for patients to receive chemotherapy treatments.
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
A Closer Look at the New 2015 Chevrolet Trax
John Rosevear and Rex Moore, The Motley Fool - Motley Fool - Tue Apr 29, 7:31PM CDT
GM hopes to grab a slice of the hot market for small SUVs with the new 2015 Chevrolet Trax. The U.S. version of the Trax was unveiled in New York. Photo credit: General Motors Company. The New York International Auto Show is a major stop on the...
BMW
at Investor's Business Daily - Tue Apr 29, 5:42PM CDT
BMW is recalling 156,000-plus various models of '10-'12 cars and SUVs in N. America because engines can stall. Daimler AG's Mercedes-Benz recalled 284,000 C-class sedans in N. America for an issue that can cause taillights to dim or fail. GM (GM)...
Have Auto Sales Stalled or Did They Drive Higher in April?
Daniel Miller, The Motley Fool - Motley Fool - Tue Apr 29, 2:30PM CDT
The automotive industry started the year slower than expected after harsh winter weather froze sales at dealerships across the nation. As sales slowed, a growing number of analysts wondered if it was a sign of weakening demand after years of...