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Buy These 3 Stocks for Self-Driving Car Exposure

2018-01-19 investorplace
Autonomous vehicles were all the rage last year, and this trend is set to continue in 2018 as the possibility of mass-produced self-driving cars inches closer to becoming a reality. (204-0)

NVIDIA's Self-Driving AI Solutions Find a Taker in Chery

2018-01-19 zacks
NVIDIA Corporation (NVDA - Free Report) recently announced that Chery, a Chinese car manufacturer, would be using its self-driving solution that the company is developing in collaboration with Baidu Inc. (BIDU - Free Report) and German auto supplier, ZF Friedrichshafen AG. Notably, the company has partnered with Baidu and ZF Friedrichshafen to build a “production-ready AI autonomous vehicle platform” specially designed for the Chinese market. (769-0)

Magna (MGA) to Manufacture New Mercedes G-Class at Graz Hub

2018-01-19 zacks
Magna International, Inc. (MGA - Free Report) announced that it is supporting the production of the new Mercedes-Benz G-Class via contract manufacturing. The model will be assembled at Magna International’s Graz, Austria facility. (8-0)

Toyota Produces Nearly 2M Vehicles in North America in 2017

2018-01-19 zacks
Toyota Motor Corporation (TM - Free Report) has announced that it produced 1,983,723 vehicles at its North American vehicle assembly plants in 2017. The primary driving forces behind 2017 production were robust demand for sports utility vehicles (SUVs) and trucks, sustained economic stability, and low price of fuel. However, the production volume is nearly 1% lower than 2,124,608 vehicles produced in 2016. (22-0)

Salt Bae Steakhouse Among Restaurants Set for London IPO - Bloomberg

2018-01-18 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (1-0)

BMW Ranks First, Subaru Rated Worst in Survey by Climate Lobby - Bloomberg

2018-01-18 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (196-0)

Auto Stock Roundup: General Motors, Ford Provide 2018 Outlook, Toyota Gears up for JV

2018-01-18 zacks
The week saw a number of auto makers coming up with their 2018 outlook. General Motors Company (GM) expects 2017 earnings per share at the upper end of its guided range of $6-$6.5. Further for 2018, it expects the metric almost in line with the tally of 2017. The company expects that its performance in 2018 will be driven by its strengthening presence in the North American and Chinese markets as well as an improvement in the South American market. (19-0)

Lexus, Infiniti luxury car brands test ways to fight Tesla, German rivals - Channel NewsAsia

2018-01-18 channelnewsasia
Japanese luxury auto brands Lexus and Infiniti are using the Detroit auto show to test new ways to regain momentum against Germany's prestige automakers and Silicon Valley's Tesla Inc . (9-0)

Lexus, Infiniti luxury car brands test ways to fight Tesla, German rivals

2018-01-18 reuters
DETROIT (Reuters) - Japanese luxury auto brands Lexus and Infiniti are using the Detroit auto show to test new ways to regain momentum against Germany’s prestige automakers and Silicon Valley’s Tesla Inc (TSLA.O). (9-0)

Lexus, Infiniti luxury car brands test ways to fight Tesla, German rivals

2018-01-18 reuters
DETROIT, Jan 18 (Reuters) - Japanese luxury auto brands Lexus and Infiniti are using the Detroit auto show to test new ways to regain momentum against Germany’s prestige automakers and Silicon Valley’s Tesla Inc. (9-0)

Volkswagen monitoring developments on electric vehicles in India: Official

2018-01-18 business-standard
German auto major Volkswagen is monitoring electric vehicle scenario in India and will be ready with its range of products for the country as soon as the market is ready, a company official said. "Volkswagen Group is studying the developments on electric vehicles in India closely ... As and when the Indian market is ready for electric vehicles, the Volkswagen Group will also be ready with its products," a company spokesperson told PTI. (1-0)

Air New Zealand ranks high in fuel efficiency report across Asia's airlines

2018-01-17 nzherald.co.nz
Air New Zealand ranked third in fuel efficiency among major airlines to fly across the Pacific Ocean, according to a report by the International Council on Clean Transportation. (7-0)

European car sales rise to 10-year high on Peugeot, Renault SUVs

2018-01-17 thestar.com.my
FRANKFURT: European car sales reached a 10-year high last year as widening economic growth boosted consumer confidence, with SUVs from French manufacturers Peugeot and Renault, Italian competitor Alfa Romeo and Japanese rival Toyota propelling demand. (7-0)

Ford (F) Provides 2017 Preliminary Results & 2018 Outlook

2018-01-17 zacks
Ford Motor Company (F - Free Report) has come up with preliminary results for 2017 and guidance for the year 2018. The company has announced earnings per share of $1.95 for 2017, a rise of 80 cents from 2016. Also, the company has announced 2017 adjusted earnings per share of $1.78, up by 2 cents from 2016. For 2018, the company expects adjusted EPS to be in the range of $1.45–$1.70. Rise in commodity prices and adverse effect of exchange rate can be attributed to this unfavorable outlook. (25-0)

General Motors' 2018 Earnings In Line With 2017 Estimates

2018-01-17 zacks
General Motors Company (GM - Free Report) announced that its forecast for 2018 results is mostly in line with its anticipated 2017 results. The 2018 performance will be driven by its strengthening presence in the North American and Chinese markets as well as an improvement in the South American market. Also, its enhanced growth of other businesses including GM Financial and its continuous cost efficiencies will contribute to its 2018 financials. (30-0)