Vince Parry

17 Flips | 2 Magazines | 5 Following | @Vince1Parry | Keep up with Vince Parry on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “Vince Parry”

Car Building in Ontario Could Die, They Probably Can't Save It

Ontario’s debt is swelling and as home to eight manufacturing plants — the largest complex in North America — automakers may have a tough time …

What the average age of cars says about the US auto industry

DETROIT — In the age of Apple’s CarPlay, a lot of cars on the road still have tape decks.<p>The average vehicle in the U.S. is now a record 11.5 years …

Business News, Personal Finance and Money News - ABC News

Steve Jobs' tech giant Apple now worth $1 trillion<p>Facebook stock plummets nearly 20 percent in 2 days<p>Facebook's market value plunges 19% in one …

Trump Administration

Ford profit crushes expectations

Ford maintained its full-year 2015 forecast of an operating profit of between $8.5 billion to $9.5 billion.<p>Ford made a net profit of $1.89 billion, or $0.47 per share. There were no one-time items and the 47 cents per share beat analyst expectations of 37 cents per share, according to Thomson …

Markets

HellermannTyton surges on Delphi Automotive takeover

Shares in HellermannTyton posted their biggest ever one-day jump after Delphi Automotive said it would buy the company.<p>Shares in cabling products maker <b>HellermannTyton</b> posted their biggest ever one-day jump on Thursday, after New York-listed Delphi Automotive said it would buy the company.<p>The deal, …

Why Apple and Google Are the Biggest Story in the Auto Industry Right Now

NEW YORK (TheStreet) -- The last two months have seen an unprecedented cavalcade of automakers hosting events in Silicon Valley, where they all did …

Blackstone sells stake in Indian auto parts maker to consortium

The other buyers are Indian investment bank MAPE Securities and two funds run by financial firm Tata Capital, according to a statement from Tata Capital.<p>(Reporting by Karen Rebelo in Mumbai; Editing by Subhranshu Sahu)

Automotive Industry

Apple brings innovation and competition to auto industry, Ford says

We still don’t even know if Apple is really building an car (even though there are a lot of signs that it is), but whatever the iPhone-maker’s next play in the auto-market is, the company’s about to generate a lot of innovation and competition in the market, says Ford CEO Mark Fields.<p>During Fords …

BMW preparing quad-turbo diesel for 2016 - report

According to both <i>Bimmerpost</i> and <i>Autocar</i>, the Bavarian luxury car maker's engineers are working on a new inline six-cylinder diesel engine boosted by …

Automotive Industry

Apple Is Really Into Automobile Industry With BMW Rumors And More

Analysts say Apple is clearly increasingly interested in competing inside the automobile industry. Several evidences are pointing to its impending …

Uber’s race to the bottom: The wheels will come off this controversial business

Uber causes a storm wherever it goes. First, there’s the storm of applause as passengers initially embrace what looks like an exciting, disruptive …

Will Autonomous Cars Be the Insurance Industry's Napster Moment?

<i>Most of us are looking forward to the advent of autonomous vehicles. Not only will they free up a lot of time previously spent staring at the bumper</i> …

Even The Oil Industry Asks: Does Tesla Mean The End Of Hydrocarbon Fuels?

As reported by Green Car Reports: It's not just the cars made by electric-car startup Tesla Motors, or the fact that it's the first new automaker in …

2016 Mitsubishi Montero Sport makes global debut - Auto Industry News

Brent Co / Brent Co | August 01, 2015 11:43<p>3rd generation Mitsubishi Montero Sport officially debuts in Thailand<p>The much-teased and "spied" 2016 …