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December 6, 2019
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A top Tesla analyst raised his ‘bull case’ for the stock to $500, or 50% higher from here

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Morgan Stanley increased its “bull case” for Tesla to $500 a share but is sticking by its $250 a share “base case.” Source link: Click here for more
Reuters - Business

UAW union leaders recommend approval of Fiat Chrysler labor deal

Reuters
DETROIT (Reuters) – United Auto Workers leaders from Fiat Chrysler Automobiles NV’s (FCHA.MI) (FCAU.N) U.S. plants on Wednesday recommended approval of a tentative labor agreement that would allow the Italian-American automaker to avoid a strike as it works to merge with France’s Groupe PSA. (PEUP.PA) FILE PHOTO: A Fiat Chrysler...
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United orders 50 new Airbus long-range jets to replace Boeing 757s

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United Airlines announced on Tuesday an order for 50 Airbus jets to fly between the U.S East Coast and Europe, becoming the latest U.S. airline to ink a deal for the European planemaker’s new passenger jet. Source link: Click here for more
Reuters - Business

McLaren looks to Asia and hybrid cars to stay on track

Reuters
DETROIT (Reuters) – British exotic sports car maker McLaren Automotive will bank on expanded sales in Asia and a new generation of hybrid cars as it steers toward a potential public offering, the company’s chief executive said on Tuesday. FILE PHOTO: The McLaren Grand Tourer is seen during a world...
Reuters - Business

UAW announces financial reforms as U.S. corruption probe widens

Reuters
FILE PHOTO: United Auto Workers (UAW) union President Gary Jones and UAW Secretary-Treasurer Ray Curry raise their arms during the UAW delegates at the ‘Special Convention on Collective Bargaining’ in Detroit, Michigan, U.S. March 13, 2019. REUTERS/Rebecca Cook/File Photo (Reuters) – The United Auto Workers (UAW) union said on Monday...
Reuters - Business

U.S. Attorney says government can still seek to take auto workers union control: Detroit News

Reuters
An American flag flies in front of the United Auto Workers union logo on the front of the UAW Solidarity House in Detroit, Michigan, September 8, 2011. REUTERS/Rebecca Cook (Reuters) – The U.S. government may still seek to take control of the United Auto Workers Union (UAW) once its investigators...
CNBC Business

Review: The 2019 BMW X4 xDrive30i is too weird looking and expensive to recommend

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BMW’s X4 is more unique than the X3, but the sloped roofline messes up the proportions. Instead of the handsome and simple styling of BMW’s mainline SUVs, the X4 has an awkward hunchback profile. Source link: Click here for more
Reuters - Business

Fiat Chrysler reaches tentative labor deal with United Auto Workers

Reuters
DETROIT (Reuters) – Fiat Chrysler Automobiles NV (FCHA.MI) and the United Auto Workers (UAW) union on Saturday announced a tentative agreement for a four-year labor contract, a boost for the automaker as it works to merge with France’s Groupe PSA (PEUP.PA). FILE PHOTO: Mike Manley, CEO of Fiat Chrysler Automobiles...
CNBC Business

People in these 10 cities are paying the most to get to work

CNBC
There’s a very real cost to fighting traffic on your way to the office. Residents in our nation’s capital are paying $12,015 on average each year to get to work, according to an analysis from Clever Real Estate. Source link: Click here for more
CNBC Business

Big brands troll Elon Musk’s Cybertruck with their own versions on Twitter

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Brands including Lego and Pepsi have taken to Twitter to mock Tesla’s Cybertruck — the ‘bulletproof’ electric pickup truck whose windows were smashed by a metal ball at its launch last week. Source link: Click here for more
CNBC Business

Uber rivals mobilize as the company’s future in London becomes uncertain

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Several of Uber’s competitors have made no delay in using the company’s misfortune in London as an opportunity. Source link: Click here for more
Reuters - Business

Feuding Korean firms risk disrupting electric car battery supplies

Reuters
SEOUL (Reuters) – In 2018, South Korea’s SK Innovation beat its larger, local rival LG Chem to a multibillion dollar deal to supply German carmaker Volkswagen with electric vehicle batteries in the United States. FILE PHOTO : New cars drive during a ceremony marking start of the production of a...

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