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Economic Impact of Hurricane Harvey: Crude Prices Drop While Gas Prices Rise

  •  Published by Pete Nisbet on   August 29, 2017  


The economic impact of Hurricane Harvey will affect the entire USA. Hurricane Harvey is sure to have a massive economic impact on Texas and on Houston in particular. However, the financial implications will also extend into the USA as a whole.   Damage is practically certain to be above t [...]

Aston Martin DB11 Saves Company as the Firm Focuses on US Sales

  •  Published by Pete Nisbet on   August 28, 2017  


The new Aston Martin DB11 has saved the company and helped it make a profit in the first half of 2017. This is the first initial half-year profit the car manufacturing firm has made 2008. The pre-tax profit for the first half of this year was posted as £21.1 million. The luxury car manufacturing co [...]

US Car Production and the Japanese Syndrome

  •  Published by Pete Nisbet on   August 21, 2017  


US car production is gradually slowing down. Ford SUV sales in July 2017 have increased by 2.2% over July 2016. However, overall auto sales were down 7.4% for the same July. How is this, and what can be done to ensure non-SUV sales maintain a high position in the market?   The so-called � [...]

US Factory Output Drops in July Through Falling Car Production

  •  Published by Pete Nisbet on   August 20, 2017  


US factory output dropped in July according to the Federal Reserve. The main reason for this was ascribed to falling car production. While factory output dropped by 0.1%, overall production increased by 0.2%. This figure includes mining and utilities, increasing by 0.5% and 1.6% respectively. &nb [...]

New Hyundai Electric Car and Eco Friendly Car Development

  •  Published by Pete Nisbet on   August 17, 2017  


A new Hyundai electric car is to have a range of 500 km (311 miles) on one charge. The South Korean car manufacturer already produces the Ioniq, although this vehicle has a range of only 280 km. Tesla’s Model has a range of over 350 km (217 miles) – 150 km less than Hyundai’s. This is just one [...]

Tesla Junk Bonds Sale to Raise Cash to Keep Balance Sheet Steady

  •  Published by Pete Nisbet on   August 14, 2017  


A Tesla junk bonds sale is hoped to keep Tesla’s balance sheet in good shape. Tesla is running out of cash and hopes to raise some liquidity by selling these bonds. So what are ‘junk bonds’?   Companies issue bonds to investors on the basis that these companies can pay the investor [...]

UK Car Market Falling – But Not For All UK Cars

  •  Published by Pete Nisbet on   August 7, 2017  


The UK Car Market is falling – it has just fallen for the fourth month in a row. According to the Society of Motor Manufacturers and Traders (SMUT), new car registration is July were 9.3% less than the same mont [...]

Tesla Share Prices Increase as Model 3 Production Increases

  •  Published by Pete Nisbet on   August 5, 2017  


Therefore, there Tesla share prices increase along with advance sales and production of the Model 3. The Tesla Model X sales price has been reduced as the firms ramps up production of the Tesla Model 3. An issue that many analysts have been conside [...]

Toyota US Plant to Be Built to Meet Needs in US and Mexico

  •  Published by Pete Nisbet on   August 5, 2017  


A new Toyota US plant is to be constructed to meet manufacturing requirements in the US and Mexico. It was announced Friday that a new Toyota trucks plant is to be set up in Mexico. Toyota Tacoma pickup trucks are currently manufactured in San Antonio and Baja California (both in Mexico). These two [...]

Tesla Losses Not Worrying Investors as Tesla Model 3 Sales Grow

  •  Published by Pete Nisbet on   August 3, 2017  


Tesla losses have increased despite an increase in revenue. Tesla revenues doubled in the quarter ending June 30th compared to the same period in 2016. The company brought in $2.8 billion (£2.1 billion) in the second quarter compared to $1.3 billion in the same quarter last year, a 215% increase. L [...]