For Teenagers, Smartphones Put Cars In The Backseat

For Teenagers, Smartphones Put Cars In The Backseat
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A car has long been a tool of freedom. It allows an individual to reach any destination at anytime in whatever fashion desired. It’s a rite of passage and a sign of maturity and adulthood. So it’s no surprise, automakers have long directed its focus to the youngest demographic in hopes to instill brand loyalty… Continue Reading...

Volkswagen to Spend $86 Billion to Become World’s Largest Automaker

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Volkswagen to Spend $86 Billion to Become World’s Largest Automaker
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After Volkswagen found themselves briefly at the top of the industry during Toyota’s recall fiasco, it seems that they’ve grown fond of the achievement and aim to legitimately take over the top spot in the future. Volkswagen will invest 62.4 billion Euros ($86 billion) across a five year span for this endeavor. According to CEO… Continue Reading...

Big Three Set To Add Market Share

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Big Three Set To Add Market Share
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After a dismal 2009 , American automakers look set to gain market share in 2010, despite fewer brands, a drastically reduced dealer network. The last time the Big 3 gained market share was in 1995. The strong profitability of the domestic automakers has been linked to lower manufacturing costs, a reduced debt load and careful… Continue Reading...