Today's News
Today's News: May 5, 2016
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KBB in the News
MarketWatch: Elon Musk promises Tesla will do the improbable (or even impossible)
Forbes: Will FCA, Google deal trigger feared auto industry disruption? Maybe
TheStreet: Tesla stock retreats after Q1 earnings, Jim Cramer: Musk’s transparency ‘shameless’
CBS News: How to keep your monthly car payment under control
Auto Remarketing: Dealers face tall task handling expanded Takata recall
The Detroit News: Takata air bag recall will more than double
The Detroit News: Tesla moves up ambitious 500k production goal to 2018
MLive.com: Tesla posts $248 million Q1 loss, aims to make a half million cars by 2018
Jalopnik: What if the people don’t want autonomous cars?
WiseBread.com: Should you buy your leased car?
Kelley Blue Book Hot Car Report Analysis
“It’s been a big week for the Fiat brand since they unveiled the price of their sporty Miata-based performance car, the Fiat 124 Spider,” said Dhara Mehta, senior analyst for Kelley Blue Book OEM Strategic Insights. “Along with the pricing, the company introduced three new variants of the model. The most expensive trim introduced was Fiat 124 Spider Abarth, and the halo effect from the Fiat 124 Abarth likely caused the surge in 500 Abarth traffic on KBB.com. It will be interesting to see if this hype continues in the next few weeks…”
For the full report and commentary, visit http://mediaroom.kbb.com/hot-car-report.
(Please note: Past Hot Car Reports are available by clicking the ‘Archives’ link)
OEM/Vehicle News
Lyft and GM to test self-driving cars within a year
Ford invests $182 million in Silicon Valley tech firm
Audi’s A4 takes the edge in the luxury segment
The guy who dreamed up the Chevy Jolt just wants GM to build cool EVs
More than half of the new McLarens will be hybrids by 2022
Industry/Dealer News
Takata air bag defect is traced to moisture and temperature
Study: 2025 EPA fuel-economy targets would save drivers thousands
Automakers and transit agencies urge White House to reject plan for open spectrum
International Automotive News
Renault to build new car in Spain, invest over 600 mln euros
Ad/Media/Marketing News
Ellen DeGeneres dives into digital with original content network
New York Times announces 6 new video series, expands VR
7 pro tips for marketers who want to get into livestreaming
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