Volkswagen committed an atrocity, worse even than making tanks for Hitler. They (or at least someone) willfully allowed toxic NOx (Nitrogen Oxides) gases to dissipate into the atmosphere. They no doubt need to recompense, but $48 Billion is just too much. That is an insane precedent to be set, and wildly unnecessary. No company in history could survive a hit like that, $48 Billion is over 75 perce
Baidu, is a key competitor to Google, and the average american has probably never even heard of it... until recently that is. However, there is a perfectly reasonable explanation for that; like AT&T and Comcast; they typically do not compete in the same areas. Generally, the two companies occupy two totally different hemispheres. In fact, the written word Baidu probably precedes the phrase “Wh
Volkswagen Passenger Cars has a long road of recovery ahead. It went from the largest automaker in the world, and likely the most trusted and highly regarded, to the absolute scourge of the highway system. Before the reign of Winterkorn all of the cars were top notch quality for bottom rung pricing. My Jetta, the last generation before Winterkorn’s beautiful abomination was released, being both of
This past year wasn’t a good one for Volkswagen, and based on early indications 2016 isn’t shaping up to be any better. On Monday, the U.S. Department of Justice (DOJ), in concert with the Environmental Protection Agency (EPA), filed a civil complaint against Volkswagen and five of its subsidiaries, most notably Audi and Porsche. The DOJ is seeking billions in damages from VW after it was revealed
The Electric Auto market has been around for many years, far longer than many would assume. In fact, the first time a full electric auto was made was in the 1830s. However, who was first is unknown, there are 3 contenders. A Scottish inventor by the name of Robert Anderson, made an electric carriage sometime between 1832 and 1839. If his rudimentary electric car was contrived prior to 1835; Mr. An
Recently, a high stakes coupling of Google and Ford Motor Company; had all those who knew an involved source, speculating as to what the particulars of the deal might be. All in all, all that was truly certain was that both companies’ partnership statuses on LinkedIn was on working on it with no official word. Now, both Google and Ford Motor Company have weirdsies as their current status. Despite
The Ford GT in many ways embodies its company’s spirit better than any of its siblings. Not only is it the most technologically advanced car, but it sets an example for all the family. It can be argued that the GT is not considered the Ford Motor Company icon, but this generation birthed unequivocally Detroit’s street smartest auto. A vaster portion of the population think: Model T, Mustang or F-
Uber has reached a stratospheric level of fame (or some cases infamy); its popularity has catapulted it into verbification. This is separate from genericized trademarks, it is a step above and beyond. People are such staunch supporters of Uber, that they have not only added the term to the public lexicon ridiculously quickly, but made it into a verb even faster. I assume it was the fastest, only
Pep Boys has been in the midst of a couple of turbulent years. After being the most well known name in the Automotive repairs and part market for decades; it has gone down hill for them this side of the millennia. Manny, Moe And Jack have watched as their empire was overtaken by the likes of Autozone, Advance Auto, O’Reilly and others. In the past five years, almost been bought out twice, once by
Carl Icahn has been in a bidding war with Bridgestone for a great many months (two of them); regarding the fate of Pep Boys (Manny, Moe and Jack). In October of 2015, Bridgestone proposed to buy Pep Boys for a hefty 15 dollars a share. The Pennsylvania born acquisition target, was trading at only $9.25 per share, a short 5 months (May 19th) before the deal. Today, Pep Boys is trading has ostensibl
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