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Markets Reverse Early Morning Losses; Still Lower On The Day
Thursday, August 28, 2014 - 4:40pm | 2611Read More...U.S. stocks declined as geopolitical concerns outweighed an improved economic read on second-quarter growth. Ukraine's President stated that Russian troops had crossed in to Ukraine territory and were fighting alongside Russian supported separatists. Markets initially traded lower on the...
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4 Auto Companies Benefiting From Mexico's Free Trade Agreements
Thursday, August 21, 2014 - 10:27am | 747Read More...There's a good chance your next new vehicle will be manufactured in Mexico. As a new article in Forbes notes, the Mexican government in recent years has secured free trade deals with 44 countries --- compared with only 20 such agreements between the U.S and other nations. That means about...
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5 Best Auto Deals In August
Saturday, August 16, 2014 - 3:01pm | 695Read More...The summer driving season may be winding down, but summer season car sales continue to remain hot, with 2014 projected to remain strong overall. Kelley Blue Book said that sales for the first half of 2014 reached 8.15 million, up 4.2 percent from last year. New car sales are expected to...
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Consumer Reports Takes Tesla To Task Over Driving 'Quirks' With The Model S
Tuesday, August 12, 2014 - 4:34pm | 653Read More...A new article by Consumer Reports, outlining glitches the magazine discovered in its long-term experience with the Tesla (NASDAQ: TSLA) Model S sedan, is raising some eyebrows among auto industry analysts –- especially since the vehicle won Consumer Reports' coveted automotive Top Pick...
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Ignored Rental Car Warnings To GM Result Of Poor Managerial Communication
Monday, August 4, 2014 - 4:02pm | 482Read More...Should General Motors (NYSE: GM) have paid closer attention to information from rental car companies? Information about accidents, some deadly, involving some of their models; accidents that, it turned out, were linked to a long-standing ignition switch defect? According to an extensive...
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Ford's Defection From BlackBerry: More Than Just A Change In Smartphones
Thursday, July 31, 2014 - 11:02am | 613Read More...Another blow for BlackBerry (NASDAQ: BBRY), another win for Apple (NASDAQ: AAPL) -- Ford (NYSE: F) announced it will replace 3,300 of its employees' BlackBerry devices with iPhones by the end of the year, with another 6,000 smartphones to be switched over within the next two years....
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Overseas Automakers Scored Well With Consumers During World Cup
Tuesday, July 29, 2014 - 3:21pm | 454Read More...Germany wasn't the only winner to come out of the 2014 World Cup. A wide spectrum of broadcasters and companies scored well when it came to raising their profiles with consumers. According to Kelley Blue Book, automakers that advertised during the international soccer tournament saw...
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Auto Leasing Rates Back At Pre-Recession Levels
Wednesday, July 23, 2014 - 10:47am | 438Read More...Auto leasing, once considered the realm of status-conscious drivers and people who need a new ride every three or so years, is making a comeback among U.S. consumers. Bloomberg News, quoting data from Edmunds.com, says leases have so far accounted for nearly 28 percent of this year's new...
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Are Fiat And Volkswagen Actually Talking Merger?
Monday, July 21, 2014 - 3:01pm | 602Read More...There is much speculation in the auto sector this week, just days after a German magazine reported talks were underway for a possible merger between Fiat (OTC: FIATY) and Volkswagen (OTC: VLKAY) -– a move that, if consummated, would create the world's largest automotive company...
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6 Best Used Cars For Your Teenager
Friday, July 18, 2014 - 2:05pm | 466Read More...When parents are buying a vehicle for their children, there seems to be three key categories taken into account: price, safety and durability. Fortunately, the Insurance Institute for Highway Safety (IIHS) issues a list of its top safety picks each year. Not every family, however, can afford to...
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Why Tesla's $35,000 Model 3 Won't Be A Hit
Thursday, July 17, 2014 - 10:37am | 582Read More...Last night, Tesla (NASDAQ: TSLA) confirmed via Twitter (NYSE: TWTR) a story published in Auto Express saying that its Gen III model will be available in 2017 and only cost around $35,000. That means that Tesla's newest vehicle, the Model 3, will sell for about half as much as the Model S...
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What Will Help Fiat's Sluggish Momentum In The United States?
Monday, July 14, 2014 - 3:01pm | 451Read More...It appears to be a tale of two brands. While Chrysler sales have been doing very well lately, sales of its stable-mate Fiat (OTC: FIATY) have been struggling. Fiat completed its acquisition of Chrysler back in January – and earlier this month, Chrysler Group LLC reported its 51st...
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CEO Mary Barra Outlines GM's 'Enormously Painful' Ignition Switch Recall Report
Thursday, June 5, 2014 - 2:46pm | 605Read More...General Motors (NYSE: GM) CEO Mary Barra called a new report on the company's deadly ignition switch controversy a painful experience that the automaker should never forget. The report was carried out by an independent investigator. At a global town hall meeting Thursday, Barra...
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Crossover, Alternative Car Sales Helped Boost May Auto Industry Figures
Wednesday, June 4, 2014 - 4:02pm | 485Read More...More signs appeared this week of the auto industry's bounce-back from the depths of the recession: the industry reported better-than-expected new car sales in the U.S. last month. The sale of 1.6 million vehicles, as well as strong sales figures for the growing alternative car market were...
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Market Wrap For May 28: Markets Take A Breather As Treasury Yields Fall
Wednesday, May 28, 2014 - 4:34pm | 2195Read More...U.S. stocks ended a four day rally which saw the S&P 500 hit historical all-time highs. However, during Wednesday's trading session the ten-year Treasury yield traded as low as 2.439 percent, the lowest level seen since June 2013. Volume remained below average during Wednesday's trading...
















