Auto Industry

Electric Car Industry: Is Apple the Latest Member?

Are Apple’s Sights Set on the Auto Industry?

Henry Ford didn’t invent the automobile. Rather, he took a machine that was merely the interest of curious hobbyists and made it available to everyday Americans. Does that sound like another household name – Steve Jobs, perhaps? The co-founder of Apple Inc. (AAPL) didn’t invent the personal computer. He simply took a machine that appealed...

Toyota's Autonomous Car Turns Heads in Tokyo

Did Toyota Just Make the World’s Smartest Car?

Last Friday, I brought you the terrifying story of a Daimler (DDAIY) truck racing down the German autobahn with no driver behind the wheel. Okay, not that terrifying, really since it was the company’s latest test of driverless vehicle technology – all sanctioned by the local state government. But Daimler isn’t the only automaker working...

Daimler Debuts World’s First Semi-Autonomous Truck

Daimler’s Driverless Truck Hits the Highway

Think of the most dangerous-looking thing you could see while cruising down the highway… A reckless speed demon barreling along at 95 mph? Someone texting or fixing their makeup while behind the wheel? Incredibly, my colleague Chris Worthington just told me that he saw someone reading the newspaper while driving on a local interstate! No...

Connected Cars: Motoring Towards Our Inevitable Future

Our Connected Car Future Is Motoring Closer

How do you know when the future is closer than ever? Well, one tip-off is when the news starts appearing in the mainstream media. That was the case two weeks ago when 60 Minutes featured a story about self-driving cars. If you’re a longtime Wall Street Daily reader or subscribe to our tech-based newsletter, Digital...

Uber: New Chinese Regulations Threaten Uber’s Expansion

Uber’s Ambitions Crushed in China?

Uber’s got big trouble in little China. The new-age taxi company has stated that China represents its biggest market outside of the United States – and is spending millions to fund its expansion efforts into 100 new cities there over the next year. Hardly surprising when you consider that China is the world’s largest transport...

Auto Industry: VW Scandal is A Bureaucrat's Dream

VW Scandal: A Bureaucrat’s Dream

Volkswagen (VLKAY) has endangered the future of the world’s automobile industry. By tampering with the emission control systems on its diesel cars, it’s opened the entire sector up to restitution. Like the banking sector, which has been fined $200 billion and counting since the crash in 2008, the political system may start using the automobile...

Platinum Down While Palladium is Up: VW to Thank

Palladium Peaks as Platinum Plummets

On September 29, the price of platinum fell below $900 an ounce for the first time since January 2009. The precious metal also reached its widest price discount to gold, according to Barclays, in over 25 years at $224 an ounce. The reason for the fall is simple: the Volkswagen (VLKAY) diesel engine scandal. You...

WalkCar: The Portable Car That Fits in Your Bag

WalkCar: The Portable “Car in a Bag”

When you hear of a product described as a “car in a bag,” you can’t help but be intrigued. That was my reaction when I saw the latest invention from Japan. Now, I don’t know about you, but when I see some of the cool modes of transportation shown in films and on television shows,...

Auto Loans and Easy Credit: Worrisome for Economy

Auto Loans and Easy Credit

How would you like to buy a brand-new 2015 Ford Mustang and pay no interest on a six-year loan? Well, a number of Labor Day sales events have made this type of deal a reality. Of course, not everyone will qualify. Don’t expect to pay 0% interest unless you have a near-perfect credit score. According...

DropTag Drive: Rental Car Smart Sensor Monitors Damages

Smart Sensor Monitors Your Car for Damages

At some point or another, most of us have had to rent a car. Whether for a vacation, business trip, move, or some other temporary period, it’s essential. Especially given often weak and unreliable public transportation. The only trouble occurs when you decline the insurance coverage… only to see the car get dinged in a...