|Day's Range||0.52 - 0.64|
There's little doubt that the 2019 Ford Mustang Bullitt is a sweet looking pony car, but the Mustang tuners at Steeda figured they could add a bit more muscle. The special-edition car was developed in concert with McQueen Racing, Galpin Auto Sports, and McQueen's son and professional racer Chad McQueen.
Thanks to technology, car windows could become much less transparent and evolve into what marketers call the elusive and lucrative "fifth screen," alongside TVs, computers, smartphones and tablets. In 2011, Toyota showed a concept called Window to the World that allows backseat passengers to draw Etch-A-Sketch-style on a car's glass, calculate the distance of objects away from the vehicle and zoom in on them for a better view. A year later, GM debuted a prototype window that passengers can also draw on, displays a cartoon character who moves along with the speed of the car and superimposes augmented reality info about what's outside.
As Ford pursues its goal of developing a self-driving vehicle for deployment in 2021, the company released a report that outlines its approach to autonomous vehicle development. The 44-page document, titled “A Matter of Trust,” details Ford’s prioritization of safety during self-driving vehicle development, as well as how the company is working closely with industry and government partners, and how ...
In a tweet, Tesla’s (TSLA) CEO, Elon Musk, surprised the market by revealing that he’s “considering taking Tesla private at $420. While Musk’s tweet initially fueled a rallied in Tesla stock, the gain didn’t last long. On August 7, after Musk revealed his intention to take Tesla private, Tesla stock reached the highest level since October 2017.
Last week, Ferrari stock (RACE) continued to tank for the fourth consecutive week. On August 10, the stock settled at $120.63 with a fall of ~3.4%.
DENVER , Aug. 15, 2018 /PRNewswire/ -- Panasonic Corporation of North America , Colorado Department of Transportation, Ford Motor Company (NYSE: F) and Qualcomm Technologies, a subsidiary of Qualcomm Incorporated ...
Last week, Tesla (TSLA) stock continued to trade on a positive note for the second consecutive week despite continued weakness in other auto stocks. In the week that ended on August 10, TSLA rose 2.1%, extending its previous week’s 17.2% gain. TSLA ended the second quarter in positive territory with a 28.9% rise to become the top gainer among auto stocks in the quarter.
South Africa’s government is close to agreeing to new tax breaks for international carmakers including Toyota Motor Corp., Ford Motor Co. and BMW AG in return for initiatives to boost jobs and exports, according to Trade and Industry Minister Rob Davies.
Two more potential problems – leadership and liquidity (namely, Ford's capacity to pay dividends) – have also come into sharp focus recently. First, liquidity: Ford is committed to paying about $3 billion in dividends this year. In view of Ford’s rapidly deteriorating operating performance and the litany of longer-term challenges it faces, that’s probably too high.
Ford Motor Co. plans to spend roughly $740 million renovating Detroit's long vacant train depot and redeveloping other area properties for research and development of self-driving vehicles . The Dearborn-based company in June used the Michigan Central depot as a backdrop while publicly laying out plans for the 105-year-old train station and surrounding Corktown neighborhood, but the anticipated cost wasn't detailed. The automaker's Ford Land development arm announced Tuesday it expects to seek $250 million in tax incentives to help offset the cost.
There’s a crisis building in emerging market currencies. The Turkish lira, Iranian rial, and Indian rupee have fallen to an all-time low against the US dollar. The Russian ruble also fell to a two-year low against the US dollar. In Iran’s case, US sanctions and an overall economic slowdown took a toll on the currency. President Trump’s tweet about doubling the Section 232 tariffs on Turkish steel and aluminum products added fire to the already plunging Turkish lira.
Last week, Fiat Chrysler Automobiles (FCAU) stock fell 4.6% to close at $16.14. In the last month, the stock has seen a 17.2% value erosion as of August 13. The stock fell ~12% on July 25 when it reported its second-quarter results.
Ford Motor Co disclosed Tuesday it will spend $740 million on a project to revamp Michigan Central Station, Detroit’s historic but dilapidated former rail station, as well as other neighborhood sites. Ford aims to turn the building into a campus of offices for up to 5,000 tech workers and software engineers focused on self-driving vehicles and ancillary technologies and services. The second largest U.S. automaker based in Dearborn, Michigan, about 10 miles from Detroit, announced the project in June, but had not previously disclosed costs until a community meeting on Tuesday.