vehicles

FMC Corp hits 52-week high

FMC Corp hits 52-week high

FMC Corporation (NYSE: FMC) shares reached a 52-week high of $96.02 on December 26 before closing at $95.54. Shares have risen 8.6 percent in the last three months, compared to the industry’s 5.8 percent growth.According to Zacks, FMC Corp. ra..

Demand for Porsche's Panamera Sedan Surges

Demand for Porsche's Panamera Sedan Surges

Porsche’s parent Volkswagen has been making a move to shift to cleaner vehicles that have made increasing demands for the Panamera hybrid sedan. However, challenges have been arising such as the struggle for battery suppliers to keep up with t..

GM first to test self driving cars in New York City

GM first to test self driving cars in New York City

New York Governor, Andrew Cuomo, announced on Monday that General Motors Co. (NYSE: GM) and Cruise Automation, GM’s self driving subsidiary division, are applying to begin the first stages of testing fully autonomous vehicles in New York City ..

Nissan Recalling 1.2 Million Cars in Japan

Nissan Recalling 1.2 Million Cars in Japan

On Monday, Nissan announced plans to recall 1.2 million vehicles in Japan after final vehicle inspections were not performed by authorized technicians. This recall would cost about 25 billion yen ($222 million) to re-inspect cars such as the Note co..

Uber Loses License to Operate in London

Uber Loses License to Operate in London

Uber Technologies Inc. has had a year full of lawsuits and scandals, and yet another incident emerges. On Friday, the city of London stripped Uber of its license to operate in London at the end of September.This decision will affect over 40,000 driv..

U.S. House Passes Bill to Speed Up Deployment of Self Driving Vehicles

U.S. House Passes Bill to Speed Up Deployment of Self Driving Vehicles

On Wednesday, the U.S. House passed a unanimous vote of 54-0 for a bill to speed up the deployment of self driving vehicles. Many auto manufacturing companies are already in a competition to be the first to develop an efficient and working self auto..

U.S. Economy Grows At 3% in the Second Quarter

U.S. Economy Grows At 3% in the Second Quarter

The U.S. economy was revised to grow faster than expected in the second quarter due to strong consumer spending and robust business investment.Gross domestic product rose at an annualized 3.0 percent in the second quarter, the fastest pace in more t..