Automotive

Keysight (KEYS) Powers Automotive Portfolio with New Solutions

By Jaime E. Love 3 days ago

TipRanks

Goldman Sachs: These 3 Stocks Are Poised to Surge by at Least 50%

Is it time for the bears to break out the champagne glasses? Not so fast, says Goldman Sachs. Volatility has ruled the Street for the last few weeks, leading some to conclude that those with a more pessimistic outlook had been vindicated, but the firm believes stocks can still climb higher.According to Goldman Sachs’ head of U.S. equity strategy, David Kostin, the S&P 500 could still hit 3,600 by the end of the year, and 3,800 by mid-2021, on the back of vaccine-related optimism and progress with the economic reopening. This would reflect gains of 10% and 16%, respectively, should the index ultimately reach these targets.“Despite the sharp sell-off in the past week, we remain optimistic about the path of the U.S. equity market in coming months. The Superforecaster probability of a mass-distributed vaccine by Q1

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Automotive industry rebound falters in August as sales slip

By Jaime E. Love 3 weeks ago

The U.S. auto industry took yet another tumble in August. Those manufacturers who still announce their sales figures at the end of each month reported declines pretty much across the board. Per industry analysts, transaction prices slipped slightly in August compared to July as well, despite a nearly 4-percent increase over last year’s average. There were two fewer selling days in August this year, contributing to reported declines. 

Toyota on Tuesday reported a 23% drop in U.S. new vehicle sales in August versus the same month in 2019, as a two-month industry-wide shutdown of auto production in the spring to halt the spread of COVID-19, as well as an uncertain economic recovery, weighed on sales. This was Toyota’s fifth straight month of U.S. sales declines.” data-reactid=”21″Toyota on Tuesday reported a 23% drop in U.S. new vehicle sales in August versus the same month in 2019, as a two-month industry-wide

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This High-Dollar Automotive Graveyard Makes Us Incredibly Sad

By Jaime E. Love 4 weeks ago

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Oh, the inhumanity!

car dumped in a river, field, or really anywhere else (garage finds can be cool, but still sad when you see the decay). That’s why it’s always sad to see a cool car left to rot by someone who didn’t have the sense or decency to do the right thing. We’re not talking about Honda Civics here, because what makes us sad is to see valuable muscle cars, sports cars, and exotics abused this way.” data-reactid=”14″As gearheads, we’re really not keen on seeing any car dumped in a river, field, or really anywhere else (garage finds can be cool, but still sad when you see the decay). That’s why it’s always sad to see a cool car left to rot by someone who didn’t

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Bespoke 1950 Bentley Mk VI Special Is Automotive Artwork

By Jaime E. Love 1 month ago

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A look at one of the most elegant post-war automobiles.

Post-war cars marked a key evolution in car design thanks to their unique, passionate style, and this 1950 Bentley Mk VI Special is an example of how cars from this time period are true automotive art. Before the Mk VI, Bentleys were rolled off the assembly line as a bare chassis where coachbuilders would add the body work, but the introduction of the Mk VI in 1946 represented the first Bentley to be built and completed from the factory.” data-reactid=”14″Post-war cars marked a key evolution in car design thanks to their unique, passionate style, and this 1950 Bentley Mk VI Special is an example of how cars from this time period are true automotive art. Before the Mk VI, Bentleys were

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