A RimBlades USA study examines the value of classic Porsche models against the S&P. The 1956 356A 1600 Speedster and a 1997 993 Turbo are among the Porsche cars considered. How did theses and other classic Porsches perform against the S&P? The results might surprise you. Here’s one of those nifty stories about how much you would have made or lost buying and selling a particular kind of car versus the stock market. In this case, it’s Porsche versus the Standard & Poors 500 stock index. Stories like this come up every so often, and they actually go pretty far back. I once read a study that tied the Dow Jones into a woman’s hem lines in the 20s and 30s. So something might or might not track with stock values, but the real question is can you make money off the car you just bought? Solid Gold Volvos I was hanging out with my friend Carl The Mechanic at his shop many moons ago. I got there just as a customer was paying up and leaving. He was glowing over … [Read more...] about Porsche Versus S&P: Can Sports Cars Top The Stock Market?
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MARANELLO, Italy (AP) — Ferrari is paving its way to future growth with a look to its roots. The company’s new CEO, Louis Camilleri, unveiled a new business plan Tuesday that includes reviving iconic models and embedding them with Formula One technology. Significantly expanding Ferrari’s electric-gasoline hybrid powertrain offering and affirming plans to introduce a utility vehicle that hews to the brand’s performance levels, Camilleri laid out his ambitions for a company he took over only in July following the death of long-time CEO and chairman Sergio Marchionne. “Our objectives are ambitious, but they are based on a meticulously constructed model pipeline, our enviable pricing power and appropriate investment levels,” Camilleri told investors. Under a five-year plan, Ferrari is planning to launch an unprecedented 15 new models, targeting revenues of around 5 billion euros ($5.8 billion) by 2022, up from 3.4 billion euros last year. Camilleri … [Read more...] about Paving its future: Ferrari unveils wide-ranging new plans
NEW YORK (Reuters) - Technology stocks pushed the S&P 500 and Nasdaq higher on Thursday, driven by Apple shares as the iPhone maker became the first publicly traded U.S. company worth a trillion dollars. Apple Inc (AAPL.O) extended its post-earnings rally, gaining 2.9 percent and pushing its market value across the trillion-dollar threshold. “It’s a good sign for the market and the economy,” said Kim Forrest, senior portfolio manager at Fort Pitt Capital Group in Pittsburgh. “Because even though today we’re talking about the impact of trade or currency war, an issue with China, Apple, who makes most of their products in China, is hitting this.” The smartphone maker led the S&P technology index .SPLRCT 1.4 percent higher, the biggest percentage gainer among the 11 major sectors of the S&P 500. Among the other members of the so-called FAANG group of momentum stocks, Facebook Inc (FB.O) rose 2.7percent, Alphabet Inc (GOOGL.O) edged up … [Read more...] about S&P 500, Nasdaq rise as Apple hits $1 trillion mark
Get your search on: Discover what’s new for all your favorites Free Price Quote From a Local Dealer View Special Offers No Obligation, Fast & Simple Free New Car Quote Change Car We’ve got so much to tell you. From updates to an awesome—and affordable—sports car to the redesign of a popular luxury car carrying a six-figure price tag and a new Prius fighter, there’s a ton of activity. And you’ll learn about every new 2019 sedan, convertible, coupe, hatchback, and minivan below. With info, basic specs, and even IntelliChoice five-year retained value figures on many models, the 2019 New Cars Ultimate Buyer’s Guide is here to help. Curious what’s new in cars at your favorite dealership? Keep reading, and don’t miss our SUV and Truck Buyer’s Guides coming soon. KEY 5M: 5-speed manual 6A: 6-speed automatic 6-sp auto-cl man: 6-speed auto-clutch manual 7-sp twin-cl auto: 7-speed … [Read more...] about 2019 New Cars: The Ultimate Buyer’s Guide
The 2018 Honda CBR250R has been launched in India at a price of Rs 1.63 lakh for the standard version, while the 2018 Honda CBR250R ABS variant has been priced at Rs 1.93 lakh (both prices ex-showroom, Delhi). This new Honda CBR250R was first showcased at the recent Auto Expo 2018. With the 2018 Honda CBR250R, there are a few subtle upgrades, new colour options, and decals as well as a full-LED headlamp to bring it up to date. Most importantly, the popular 250cc faired motorcycle makes its comeback in a BS IV compliant avatar, a year after it was taken off dealer floors. Honda Motorcycle and Scooter India (HMSI) had taken the CBR250R off the Indian market in mid-2017 when the BS IV emission norms came into effect. New on the 2018 CBR250R is an all-LED headlamp setup with a positional lamp. Honda India has also changed the paint options for the CBR250R. It is now available in Matte Axis Gray Metallic with Mars Orange, Matte Axis Gray Metallic with Striking Green, Pearl Sports … [Read more...] about 2018 Honda CBR250R launched in India at Rs 1.63 lakh