As Ford prepares to release its MyFord Touch and MyLincoln Touch in-car communication systems a new feature of the systems will get a lot of attention.
A week ago, Tesla investors were riding high, telling me and many others, "See, this stock is gonna do great." Their euphoria was understandable since shares of TSLA priced higher than anyone expected at $17 a share and took off from there.
Halfway through the year, it's becoming clear American auto buyers have re-discovered the two biggest American auto brands.
With Toyota reportedly on the cusp of another major recall, this time for faulty engines in 170,000 Lexus models worldwide, it's clear this company is far from getting out of the woods.
Apple's new iAd platform debuts today, but without any of the flash or excitement of Apple's gadget debuts.
First of all, let's be clear about June auto sales. Yes, everyone will be up compared to June of last year. Big deal. June of last year the economy was even further in the tank, GM and Chrysler were in bankruptcy, and the auto industry was gasping.
Hulu's long-awaited premium service "Hulu Plus" just went live. The premium, HD service is available on the iPhone, iPad, and even certain TVs and costs $9.99 a month.
Tesla is going public today under the symbol TSLA. To say this IPO has gone better than expected would be an understatement. It's pricing at $17 a share, above the range originally set out, and with the number of shares being offered expanding to 13.3 million, this IPO will raise more than $225 million dollars for Tesla.
What’s to love about Tesla Motors? It’s a good story, but…how many times have we heard good stories from Wall Street on IPOs of companies that have ended up in the junkyard?
Tesla, the high-end electric carmaker has expanded the number of shares it will offer when its stock starts trading this week. The company will now issue 20 % more stock at a price of $14-16 a share. All part of the Tesla plan to raise about $200 million.
Next week the country's largest automaker and one its smallest will both be scrutinized by Wall Street and investors.
China is going through the labor unrest and growing pains that you would expect in a country that pass up the U.S. in auto sales last year. In the last two months there have been strikes and labor unrest at different auto plants in China. Compared to some of the doozies in the past here in the U.S., these are mild. But I suspect this is just the beginning.
For years people have derisively said, "oh that's a chick car" when describing a certain model supposedly favored by women. Whenever I would hear people in the auto industry use this term, I'd think to myself, "Talk about making a broad, often incorrect generalization."
It's ok to admit it. It's ok to say that you are skeptical of the J.D. Power report that the Big 3 have passed up foreign automakers when it comes to quality. There are more than a few of you out there who e-mailed me last week to say that you aren't buying it.
For the first time ever, the J.D. Power Initial Quality Study has found America's automakers build new models with fewer problems than their foreign competitors.
Despite a woeful track record in the U.S. In the last ten years, they haven't given up on winning over Americans. In fact, the folks at VW believe they can eventually sell a million vehicles here in the U.S. It's an ambitious goal for a company that sold roughly 300,000 (including it's luxury line Audi) here last year.
They're all increasing production. Building more cars and trucks, gearing up for what we've been told to expect: a steady increase in auto sales. But increasingly, there are indications we may not see a summer surge.
Looking for a good chuckle? Read the New York Times article from today outlining how GM sent a memo to employees suggesting they stop saying Chevy when referring to Chevrolet.
On the surface, the massive number of models recalled and the threat of vehicle fires has people asking, "Are GM and Chrysler now going down the same path as Toyota earlier this year?"
You'd think by now the message would be clear: Ed Whitacre Jr. is not going to stop making changes. Once again, he shook up the management at the automaker. And once again, people are asking why Whitacre keeps moving executives around—and whether or not he knows what he's doing.