Swiss watches have been a famed form of timepiece for quite some time. However, the demand for the bands has been dwindling due to demand for wearable devices, according to Fossil CEO Kosta Kartsotis. “I think technology and the whole idea of wearables … has taken some of the oxygen out of the Swiss business,” […]
Suddenlink announces markets for gigabit service
The first markets to receive Suddenlink’s up to 1 Gigabit per second internet service are Bryan-College Station, Texas, Nixa, Mo., and Greenville and Rocky Mount, N.C., according to announcement made by the telecommunications company Friday. Suddenlink’s plan for new Gigabit service, named Operation GigaSpeed, was announced in August 2014. As part of the company-wide movement, […]
BMW Drives Past Mercedes for U.S. Luxury Brand Lead
Behind the wheel of its greatest June ever, BMW surpassed Mercedes-Benz to take a 3,653-vehicle lead in the heavily contested U.S. luxury auto sales race. BMW boasted 32,176 deliveries for the month, a 6.5 percent increase from the previous year. Mercedes-Benz posted figures it could be proud of, as its 28,044 deliveries were a personal record and […]
Tesla Motors Stock Could Hit $300 per Share, According to Technical Analyst
Various experts have predicted a rise in the cost of Tesla Motors stock, but one technical analyst’s prediction of a possible $300 per share value is still an eye opener. Read more: Driverless and Talking Cars: New Technology Transforms the Way We Travel During an interview with CNBC’s Trading Nation, Rich Ross, head of technical […]
GM Halts Production at Lone Russian Plant
Dropping sales figures have forced General Motors to stop production at its single assembly plant in St. Petersburg, Russia. Read more: Driverless and Talking Cars: New Technology Transforms the Way We Travel General Motors’ spokesperson in Russia, Sergei Lepnukhov, said Wednesday that the plant stopped because of the reorganization of the company’s business model in […]
Toyota Thinks 2015 Will Result in Highest U.S. Auto Industry Sales in Decade
Toyota believes the U.S. auto industry will sell more cars this year than have been sold yearly since 2005, according to the company’s Sales Executive Bill Fay. Fay said Wednesday that the second half of this year will be stronger than the first half, giving the industry the chance to exceed the 16.94 million sales […]
Mercedes Will Invest 1B Euros Toward Future Compact Models
Mercedes-Benz announced it will invest roughly one billion euros in its Rastatt, Germany-based plant for the production of a future lineup of compact cars. Read more: Driverless and Talking Cars: New Technology Transforms the Way We Travel The funds will help to greatly increase production capacity and will also lead to the hiring of 250 […]
Toyota Camry Ranks Atop List for Most American-Made Content
The 2015 Toyota Camry features the most American-manufactured content of any vehicle, according to an annual list compiled by Cars.com. Although it’s ironic that a Japanese owned automotive manufacturer would be on top of the list, the Camry is built at plants in Georgetown, Ky. and Lafayette, Ind. The production of the Camry, which helped […]
Porsche 919 Replica Sold for $106K at Auction
Porsche has auctioned off a full-sized, 1:1 replica of its 919 Hybrid race car on eBay for $106,100. The actual Porsche 919 competed in the 2014 24 Hours of Le Mans. The model car came with the original signatures of the six drivers who participated in the race. All proceeds from the sale will benefit […]
Honda to Establish Plant in Western India
Honda is set to build a car manufacturing plant in the Western-Indian state of Gujarat. A state support agreement involving Honda Cars India could make the move official within the next four weeks, according to Gujarat Industries Commissioner Mamta Verma. Read more: Driverless and Talking Cars: New Technology Transforms the Way We Travel Other sources […]