Month: January 2021

Apple Gets Price Hike From Evercore on Apple Car Project

Apple  (AAPL) – Get Report received a price target increase to $160 from $145 from an Evercore ISI analyst who said the tech giant’s proposed Apple Car could have the same disruptive impact as the company’s iPhone.

Shares of the Cupertino, Calif. company were up 2.63% to $142.66 in trading Monday.

Analyst Amit Daryanani, who kept an outperform rating on the shares, said in a note to investors that his near-term “bullish bias” is driven by expectations for an iPhone supercycle, the monetization of its installed base and gross margin expansion, according to the Fly.

The analyst also said that recent discussions around Apple Car “have become louder” and sees increased odds that Apple will have a product in the automotive space in the next five years.

Daryanani said the auto market will be a driver for multiple expansion given the potential for Apple to “disrupt the Automotive

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19 ‘Greatest Single Risk Ever’ For Auto Business

Transport infrastructure consists of the mounted installations, including roads , railways , airways , waterways , canals and pipelines and terminals resembling airports , railway stations , bus stations , warehouses , trucking terminals, refueling depots (together with fueling docks and fuel stations ) and seaports Terminals may be used each for interchange of passengers and cargo and for maintenance. American cars are additionally a superb alternative in case you are on the lookout for a reliable engine. American engines are often not very efficient, mostly large engines with high gasoline consumption. The chassis and suspension are sometimes very outdated and lag far behind the other cars. Once a fringe item in a global vitality market centered on oil, electric autos are part of a possible new ecosystem that features self-driving vehicles and trip-hailing, says Daniel Yergin, vice chairman at IHS Markit.

CarMax. This online used automotive superstore is a … Read More

New Lotus sports car coming to replace Evora, Elise and Exige, report says

Is it time to say goodbye to the Evora?


Drew Phillips

It’s no secret Lotus has a new sports car coming, but for faithful fans of the British brand, it may mean the end of the carmaker’s three vehicles currently on sale. According to a new report from Automotive News Europe, the new sports car will arrive this summer and may serve as a replacement for the Evora, Elise and Exige.

Each car is mighty old by the industry’s lifecycle standards, and with Lotus now under management from Geely, the brand finally has the finances to make some big moves. The new sports car will be the first from Lotus as it readies the Evija electric supercar and potentially an SUV.


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The Ultimate Garage? Car Lovers’ Nirvana in Texas Is the Week’s Most Popular Home

Gather around, grease monkeys! This week’s most popular property on realtor.com® is a gearhead paradise situated on 10 acres just outside Dallas. The Lone Star spread devoted to all things automotive sped away with the most clicks.

It features professional-grade automotive facilities—including a glass-repair shop and several auto lifts. There’s also a 10-car garage, a car-painting booth, and luxurious entertaining spaces festooned with auto-themed memorabilia.

However, to peer under the hood of this popular property, you’ll need to back up a Brink’s truck. This paradise for car lovers is on the market for $8 million.


If you don’t have that much cash on hand, a different (and cheaper!) automotive-focused property also revved up a fair amount of interest. This brand-new home in Wisconsin has an enormous garage with a gleaming epoxy floor.

In addition to these two fast and furious residences, you also clicked on a Georgia mansion built

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