could Archive

  • More than two-thirds of U.S. Smart retail outlets have opted to stop selling Daimler AG's microcar brand after it switches this year to offering only electric vehicles here. The shakeout will leave Smart with just 27 dealerships, fewer than even Lamborghini and Lotus. Mercedes-Benz USA, which distributes Smart in the U.S., asked dealers to decide by the end of June whether to continue selling the ForTwo two-seater, the brand's sole nameplate. Of Smart's 85 outlets, 27 said they would remain, while 58 said they would move to a service-only operation, said company spokeswoman Donna Boland. Those numbers are preliminary, she said. The 27 remaining Smart dealerships are largely concentrated in states with zero-emission vehicle mandates and that give Smart "the highest market penetration potential," Boland said. Daimler executives had said they expected the remaining dealerships to be in cities such as San Francisco, New York, Los Angeles, Miami and Portland, Ore. Penske A..

    Could Smart get any smaller?

    More than two-thirds of U.S. Smart retail outlets have opted to stop selling Daimler AG's microcar brand after it switches this year to offering only electric vehicles here. The shakeout will leave Smart with just 27 dealerships, fewer than even Lamborghini and Lotus. Mercedes-Benz USA, which distributes Smart in the U.S., asked dealers to decide by the end of June whether to continue selling the ForTwo two-seater, the brand's sole nameplate. Of Smart's 85 outlets, 27 said they would remain, while 58 said they would move to a service-only operation, said company spokeswoman Donna Boland. Those numbers are preliminary, she said. The 27 remaining Smart dealerships are largely concentrated in states with zero-emission vehicle mandates and that give Smart "the highest market penetration potential," Boland said. Daimler executives had said they expected the remaining dealerships to be in cities such as San Francisco, New York, Los Angeles, Miami and Portland, Ore. Penske A..
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  • As Formula E grows to attract more fans and manufacturers, the series is looking for a way to capitalize on this newfound fame. In collaboration with the FIA, talks of another category of electric motorsport are turning toward a prospective EV touring car series joining in soon. CEO Alejandro Agag and FIA President Jean Todt have recently let out leaks of what's in the works, and as a report from Motorsport.comstates, an official announcement could be coming as soon as October. The plan is to reportedly add a secondary series that will race on the same weekends as Formula E. This plan would fill out the weekend with events, packing in more action and further developing efforts towards electrification in motorsport.“Clearly we want to develop electric racing,” said Todt. “We are discussing and studying the introduction of the electric car in other categories of motorsport and I feel it would be a good idea to introduce a second race during the [Formula E] race weekend."Todt refu..

    Electric Touring Car Racing Series Could Be Coming to Support Formula E

    As Formula E grows to attract more fans and manufacturers, the series is looking for a way to capitalize on this newfound fame. In collaboration with the FIA, talks of another category of electric motorsport are turning toward a prospective EV touring car series joining in soon. CEO Alejandro Agag and FIA President Jean Todt have recently let out leaks of what's in the works, and as a report from Motorsport.comstates, an official announcement could be coming as soon as October. The plan is to reportedly add a secondary series that will race on the same weekends as Formula E. This plan would fill out the weekend with events, packing in more action and further developing efforts towards electrification in motorsport.“Clearly we want to develop electric racing,” said Todt. “We are discussing and studying the introduction of the electric car in other categories of motorsport and I feel it would be a good idea to introduce a second race during the [Formula E] race weekend."Todt refu..
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  • On Wednesday, Mobileye announced their plan to launch a fleet of 100 Level 4 autonomous cars to be tested throughout the U.S., Europe, and Israel. This news came just one day after Intel’s $15.3 billion purchase of Mobileye was complete. We spoke with eAutoLease CEO Zoriy Birenboym and got his take on what this plan means for the auto industry.“Consumers are not ready to give up driving their own car,” Birenboym said of fully autonomous cars. “I don’t think that we’re going to be seeing autonomous driving anytime soon. [Consumers] are not ready to give up the feel of the steering wheel, the feel of the engine, and so on.” Birenboym seems to believe there’s some driving enthusiasm in all of us and we just aren’t ready to hand the reigns over to a computer quite yet.Then why would Intel have bought Mobileye? Birenboym thinks that cars are not the main reason for the big purchase. “I think Intel just bought Mobileye for military and government purposes.” In regards to mapping, he said m..

    What Mobileye’s New Autonomous Car Fleet Could Mean for the Auto Industry

    On Wednesday, Mobileye announced their plan to launch a fleet of 100 Level 4 autonomous cars to be tested throughout the U.S., Europe, and Israel. This news came just one day after Intel’s $15.3 billion purchase of Mobileye was complete. We spoke with eAutoLease CEO Zoriy Birenboym and got his take on what this plan means for the auto industry.“Consumers are not ready to give up driving their own car,” Birenboym said of fully autonomous cars. “I don’t think that we’re going to be seeing autonomous driving anytime soon. [Consumers] are not ready to give up the feel of the steering wheel, the feel of the engine, and so on.” Birenboym seems to believe there’s some driving enthusiasm in all of us and we just aren’t ready to hand the reigns over to a computer quite yet.Then why would Intel have bought Mobileye? Birenboym thinks that cars are not the main reason for the big purchase. “I think Intel just bought Mobileye for military and government purposes.” In regards to mapping, he said m..
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  • Arsene Wenger sympathises with Chelsea counterpart Antonio Conte over the size of his squad - but reckons the Blues have made their own problems by loaning out so many players. Conte has spoken out several times during pre-season about what he perceives to be a lack of depth in his squad at Stamford Bridge.The Italian delivered the Premier League title at the first time of asking last season.But, despite spending in excess of £130million on fresh talent, his future has reportedly been up in the air as he is unhappy with the number of players at his disposal.Chelsea skipper Gary Cahill echoed those sentiments after the reigning champions were beaten on penalties by Wenger's Arsenal in the Community Shield last weekend.Wenger has the challenge of trying to shift players from Arsenal's bloated ranks, but he suggested Chelsea have made a rod for their own back after typically sending over 20 players on loan within England and across Europe in recent seasons.Asked if he was..

    Arsene Wenger says Chelsea could bring back loan rangers to solve numbers puzzle

    Arsene Wenger sympathises with Chelsea counterpart Antonio Conte over the size of his squad - but reckons the Blues have made their own problems by loaning out so many players. Conte has spoken out several times during pre-season about what he perceives to be a lack of depth in his squad at Stamford Bridge.The Italian delivered the Premier League title at the first time of asking last season.But, despite spending in excess of £130million on fresh talent, his future has reportedly been up in the air as he is unhappy with the number of players at his disposal.Chelsea skipper Gary Cahill echoed those sentiments after the reigning champions were beaten on penalties by Wenger's Arsenal in the Community Shield last weekend.Wenger has the challenge of trying to shift players from Arsenal's bloated ranks, but he suggested Chelsea have made a rod for their own back after typically sending over 20 players on loan within England and across Europe in recent seasons.Asked if he was..
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  • As Philippine security forces continue to fight the Maute group rebels, aligned with ISIS, for control of the city of Marawi in the southern part of the country, the United States is reportedly considering launching its own air strikes against the militants. This would represent a significant escalation in U.S. involvement in the emerging conflict and a shift in the policy of the President of the Philippines, Rodrigo Duterte, who has been an outspoken critic of American military intervention in the past.On Aug. 7, 2017, NBC News, citing two unnamed defense officials, said that the U.S. military was considering launching aerial attacks on the Maute fighters as early as the following week as part of what would be an official, named military operation. American forces have already been providing intelligence and other advisory support to their counterparts in and around Marawi at least since June 2017.“We’re providing them some training and some guidance in terms of how to deal with an ..

    US Could Kick Off Air Strikes Against ISIS in The Philippines Next Week

    As Philippine security forces continue to fight the Maute group rebels, aligned with ISIS, for control of the city of Marawi in the southern part of the country, the United States is reportedly considering launching its own air strikes against the militants. This would represent a significant escalation in U.S. involvement in the emerging conflict and a shift in the policy of the President of the Philippines, Rodrigo Duterte, who has been an outspoken critic of American military intervention in the past.On Aug. 7, 2017, NBC News, citing two unnamed defense officials, said that the U.S. military was considering launching aerial attacks on the Maute fighters as early as the following week as part of what would be an official, named military operation. American forces have already been providing intelligence and other advisory support to their counterparts in and around Marawi at least since June 2017.“We’re providing them some training and some guidance in terms of how to deal with an ..
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  • It's been a rough year for Uber. The ride-sharing giant has weathered numerous scandals, including a probe into allegations of sexual harassment that led to the resignation of CEO Travis Kalanick. It's also locked in a legal battle with Waymo over self-driving car trade secrets.But Uber still has a bright future, claims investment firm Benchmark. It recently declared that Uber will likely be worth "comfortably" more than $100 billion in a few years, according to TechCrunch. Uber, which is currently valued at roughly $60 billion, is the largest ride-sharing company in the United States, but it faces stiffer competition than ever both at home and abroad.Benchmark is currently represented on Uber's board by Matt Cohler. He replaced Bill Gurley, who resigned in June and reportedly had a role in Travis Kalanick's ouster, according to TechCrunch. Benchmark's declaration of support came shortly after Uber co-founder and chairman Garrett Camp told employees that Kala..

    Uber Could Soon Be Worth More Than $100 Billion, Investment Firm Says

    It's been a rough year for Uber. The ride-sharing giant has weathered numerous scandals, including a probe into allegations of sexual harassment that led to the resignation of CEO Travis Kalanick. It's also locked in a legal battle with Waymo over self-driving car trade secrets.But Uber still has a bright future, claims investment firm Benchmark. It recently declared that Uber will likely be worth "comfortably" more than $100 billion in a few years, according to TechCrunch. Uber, which is currently valued at roughly $60 billion, is the largest ride-sharing company in the United States, but it faces stiffer competition than ever both at home and abroad.Benchmark is currently represented on Uber's board by Matt Cohler. He replaced Bill Gurley, who resigned in June and reportedly had a role in Travis Kalanick's ouster, according to TechCrunch. Benchmark's declaration of support came shortly after Uber co-founder and chairman Garrett Camp told employees that Kala..
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  • Westpac on the NZD/USD from their morning note The bank updated its NZD outlook in the note on August 8, worth a revisit: The only confounding aspect may be the Reserve Bank of New Zealand not being quite so dovish as the market was expecting in their MPS yesterday (link & others to Governor Wheeler's comments yesterday

    Westpac on the NZD: “Could fall as far as 0.69 by year end”

    Westpac on the NZD/USD from their morning note The bank updated its NZD outlook in the note on August 8, worth a revisit: The only confounding aspect may be the Reserve Bank of New Zealand not being quite so dovish as the market was expecting in their MPS yesterday (link & others to Governor Wheeler's comments yesterday
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  • EUR/USD needs to go lower before it goes higher Bank of America Merrill Lynch FX Technical Strategy Research notes that EUR/USD rally keeps showing signs of exhaustion around current levels.

    EUR/USD most overbought in a long time, could test 1.15 – BAML

    EUR/USD needs to go lower before it goes higher Bank of America Merrill Lynch FX Technical Strategy Research notes that EUR/USD rally keeps showing signs of exhaustion around current levels.
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  • Former England Women's captain Faye White believes a handful of familiar faces in the Lionesses set-up will be pondering retirement after Euro 2017.Mark Sampson's side captured the imagination of the nation with their run to the semi-finals, where they defeated by hosts Holland, but now attention turns to the challenges ahead.And while the majority of the players who thrived this summer will expect to have more chances at silverware, some of the squad's more experienced campaigners could be at the end of the road.Alex Scott, Casey Stoney, Fara Williams and Laura Bassett are all 32 or older and the first three have well over 100 international caps each.But the group is already moving on and, of the quartet, only Williams was selected for the Holland defeat, turning in a poor performance.White, who called time on England while pregnant in 2012, told Press Association Sport: "I think they're getting towards the end. They haven't featured a lot in the tourname..

    England Lionessess could ponder their futures, says former captain Faye White

    Former England Women's captain Faye White believes a handful of familiar faces in the Lionesses set-up will be pondering retirement after Euro 2017.Mark Sampson's side captured the imagination of the nation with their run to the semi-finals, where they defeated by hosts Holland, but now attention turns to the challenges ahead.And while the majority of the players who thrived this summer will expect to have more chances at silverware, some of the squad's more experienced campaigners could be at the end of the road.Alex Scott, Casey Stoney, Fara Williams and Laura Bassett are all 32 or older and the first three have well over 100 international caps each.But the group is already moving on and, of the quartet, only Williams was selected for the Holland defeat, turning in a poor performance.White, who called time on England while pregnant in 2012, told Press Association Sport: "I think they're getting towards the end. They haven't featured a lot in the tourname..
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  • According to a report that was published earlier today, AT&T has agreed to carry Huawei's next flagship phone starting in the first half of 2018. Doing this is a must for Huawei if it wants to fulfill a promise it made last year to top Samsung and Apple and become the top smartphone manufacture..

    Huawei’s next flagship could be heading to AT&T during the first half of 2018

    According to a report that was published earlier today, AT&T has agreed to carry Huawei's next flagship phone starting in the first half of 2018. Doing this is a must for Huawei if it wants to fulfill a promise it made last year to top Samsung and Apple and become the top smartphone manufacture..
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