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David Einhorn Letter To GM Shareholders – General Motors … – Seeking Alpha

While the share price of General Motors Company (NYSE:GM) hovers around its IPO price, what are GM and its Board of Directors (the “Board”) doing to create value for shareholders? Seemingly nothing. Or, at least nothing that is working. Consider this simple fact: GM has the lowest price-to-earnings (P/E) ratio of any of the 500 companies in the S&P 500. The incumbent Board and management have failed to generate value…

Posted: Tuesday, May 30, 2017

BMW smart scooter always knows where you want to go – Daily Mail

BMW has given a glimpse of the future of urban motorcycles – and they claim it is all about electric. The ‘BMW Motorrad Concept Link’ uses radical electric battery packs stored in its base, and even features a reverse gear to make parking simple. It has a touchscreen dashboard, and can be connected to the rider’s online calender so it always knows where they want to go.  Scroll down for…

Posted: Monday, May 29, 2017

BMW to Seek Compensation From Bosch for Car-Production Stoppage – Bloomberg

BMW AG will seek compensation from Robert Bosch GmbH after missing parts for models including the bestselling 3-Series sedan caused production stoppages in Germany, China and South Africa. A lack of steering gears supplied by Bosch, the world’s largest car parts supplier, means there’s only limited vehicle production at various German plants, while factories in Tiexi, China, and Rosslyn, South Africa, have moved up or extended planned interruptions, BMW purchasing…

Posted: Monday, May 29, 2017

BMW car production disrupted due to supply problems – Financial Times

BMW car production disrupted due to supply problems

Posted: Monday, May 29, 2017

Will Volkswagen’s New SUVs Finally Provide A Winning US Formula? – Forbes

Volkswagen’s new Atlas SUV at the North American International Auto Show (NAIAS) in Detroit (Photo by Scott Olson/Getty Images) The automotive world throws up some weird imponderables. How is it that Lexus sells high price premium vehicles in the U.S. and steals sales from the Germans, but struggles in Europe with the same ones? How can Honda sell the Fit in the U.S. as a sporty, trendy little car beloved…

Posted: Monday, May 29, 2017

BMW’s Ultra High-Tech Electric Concept Is The Motorcycle Of The Future – Maxim

BMW BMW‘s motorcycle design has always been based on the layout of the bike’s powerplants, so the original machines’ visual center was the low-slung horizontally opposed twin-cylinder engine, with the cylinder barrels jutting out each side of the bike. BMW The company thinks that future electric motorcycles should similarly underscore their power source, so the BMW Motorrad Concept Link looks almost scooter-like, with its batteries packed flat into the bike’s…

Posted: Monday, May 29, 2017

Certified pre-owned cars cost more, but come with perks – USA TODAY

Certified pre-owned vehicles sit on display at an auto dealership in Miami. A certified pre-owned vehicle costs more than a regular used car, but it can give buyers some peace of mind in an often murky market. Certified pre-owned vehicles are used cars, usually newer, coming off two- or three-year leases, that are backed by an automaker’s guarantee.(Photo: Alan Diaz, AP) DETROIT — A certified pre-owned vehicle costs more than…

Posted: Monday, May 29, 2017

First-time buyers reveal their favorite 2017 cars – Boston Herald

Even if a driver’s first car was a red 1966 Chevrolet Impala station wagon, that vehicle is usually remembered fondly. But a survey just released by Cambridge-based automotive consumer website CarGurus.com shows that the experience of a driver’s first car is changing in big ways. READ: Our Memorial Day Auto special section Only a little more than a third of new drivers — 37 percent — contribute to the cost…

Posted: Monday, May 29, 2017

BMW to stop production in South Africa due to shortage – Times LIVE

Production at the factories in Shenyang and Rosslyn is likely to stop for a day, while its plant in Leipzig, Germany, is expected to be partially shuttered, spokesman Michael Rebstock said. The Leipzig site has been closed since Friday, and another facility in Munich was affected last week as an unidentified Italian car-parts supplier has been unable to make the required deliveries, magazine Focus reported earlier Sunday. BMW’s profitability dropped…

Posted: Monday, May 29, 2017

Great Drives: ex-F1 boss David Richards takes his classic Aston Martin DB6 to Cornwall – Telegraph.co.uk

I have always loved messing about in cars. I would “borrow” my mother’s Ford Zodiac in the middle of the night to race around the lanes of North Wales where I grew up. That fuelled an interest in competitive driving that developed into a lifelong passion for rallying. I was an OK driver but when you sit in a car with a real professional, it’s a wake-up call. Finnish driver…

Posted: Monday, May 29, 2017

Tomorrow’s Cars Won’t Just Drive Themselves. They’ll Feel Different – WIRED

Posted: Monday, May 29, 2017

Race Recap: Austin Dillon puts the No. 3 Chevrolet back in Victory Lane on fuel-mileage gamble – ESPN

Facebook Twitter Facebook Messenger Pinterest Email print comment CONCORD, N.C. – Armed with a new crew chief and a gas tank that held just enough fuel to get him to the end of 600 miles with less than a second to spare, Austin Dillon won the first Monster Energy NASCAR Cup Series of his career and put the vaunted #3 Chevrolet back in Victory Lane for the first time since…

Posted: Monday, May 29, 2017

BMW says shortage of parts from Bosch hampers production – Reuters

FRANKFURT German carmaker BMW (BMWG.DE) said a shortage of steering gears supplied by Robert Bosch [ROBG.UL] slowed production of its 1 series, 2 series, 3 series and 4 series BMW models and caused stoppages at its plants in South Africa and China. “Our supplier Bosch is not currently able to provide us with a sufficient number of steering gears for the BMW 1 Series, 2 Series, 3 Series and 4…

Posted: Monday, May 29, 2017

Tomorrow’s Cars Won’t Just Drive Themselves. They’ll Feel Different – WIRED

Posted: Monday, May 29, 2017

BMW to challenge M-B S-class coupe, convertible with 8 series – Automotive News (subscription) (blog)

BMW unveiled a concept of its revived 8 series that will become a new flagship coupe. The concept appears sleeker and sportier than the 6-series coupe it replaces, with more muscular surfaces but with basic proportions that resemble the 850i launched in 1989. The production version of the 8-series coupe will go on sale next year in Europe and the U.S. A convertible version is expected in 2019….

Posted: Monday, May 29, 2017

BMW to Stop Production in China, South Africa on Supply Shortage … – Bloomberg

BMW AG is set to extend production halts in Germany to China and South Africa on Monday as the luxury-car maker grapples with a shortage of steering parts. Production at the factories in Shenyang and Rosslyn is likely to stop for a day, while its plant in Leipzig, Germany, is expected to be partially shuttered, spokesman Michael Rebstock said. The Leipzig site has been closed since Friday, and another facility…

Posted: Monday, May 29, 2017

Tomorrow’s Cars Won’t Just Drive Themselves. They’ll Feel Different – WIRED

Posted: Monday, May 29, 2017

BMW unveils new electric scooter concept with next-gen ‘E-Drive’ – Electrek

BMW has unveiled yet another electric vehicle concept as part of its Vision Next 100 series, but this time for BMW Motorrad. The scooter-like concept is called ‘The BMW Motorrad Concept Link’ and it is supposed to represent BMW’s vision for the future of electric transport on two wheels. Alexander Buckan, Head of Vehicle Design at BMW Motorrad, explained: “The BMW Motorrad Concept Link is not based on today’s concepts, but rather…

Posted: Monday, May 29, 2017

Honda Validates Engine Trouble by Winning Indianapolis 500 – New York Times

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Posted: Monday, May 29, 2017

How Ford Stock Can Drive To $13 – Seeking Alpha

Ford Motor Company (NYSE:F) made a significant move this past week by kicking CEO Mark Fields to the curb and it seems the market couldn’t care less. But with some patience, these shares can reach $13 in the next 12 to 18 months, delivering some 20% returns. Combined with Ford’s 5.5% annual dividend yield, good luck finding a better low-hanging fruit on the market. Obviously, the fact that Ford stock,…

Posted: Monday, May 29, 2017