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Auto racing roundup: Newgarden triumphs in Toronto

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Article source: http://www.richmond.com/sports/auto-racing/auto-racing-roundup-newgarden-triumphs-in-toronto/article_a9ff7631-4e2b-54ce-b3a3-c33cb2e197a2.html

Tech summit showcases auto entrepreneurs

DETROIT — Auto entrepreneurs will have a chance to showcase their talents and ideas in a summit here Sept. 6-8.

The inaugural Technology in Motion exhibition and conference at Cobo Center includes:

Pitch competitions.​ In these events, startups and early-stage companies will be able to promote their ideas in four areas: Connectivity, mobility solutions, the consumer experience and autonomous/electric cars. The competition will be managed by the Fraser McCombs equity investment firm.

Hackathons.​ Under strict deadlines, participants will race to devise software to promote a shared economy and improve connected cars, digital user experiences and autonomous/electric vehicles.

A “Startup village.”​ In this low-cost space, exhibitors will be able to tout their technology to automakers, suppliers and venture-capital groups.

Technology in Motion is sponsored by MSX International Inc. and Crain Communications Inc., publisher of Automotive News and Crain’s Detroit Business.

The event is designed to promote southeast Michigan as the world’s focal point for advanced automotive technology.

Speakers at the workshop and conference portion of the program include Mark Reuss, head of product development at General Motors, and Rachel Bhattacharya, director of commercial strategy at Maven, a car-sharing operation run by GM.

Swamy Kotagiri, chief technology officer at Magna International Inc., and Matt Simoncini, CEO of Lear Corp., will also speak.

More information is available at timdetroit.com and from Trisha Stephens at trisha@timdetroit.com or 248-829-6042.

Article source: http://www.autonews.com/article/20170717/OEM06/170719774/tech-summit-showcases-auto-entrepreneurs

Auto insurance bills growing in Nevada amid robust economy – Las Vegas Review

The scene of a crash on northbound U.S. Highway 95 near East Tropicana Avenue on Thursday, June 8, 2017. Richard Brian Las Vegas Review-Journal @vegasphotographThe scene of a crash on northbound U.S. Highway 95 near East Tropicana Avenue on Thursday, June 8, 2017. (Richard Brian Las Vegas Review-Journal @vegasphotograph)Special to the Pahrump Valley Times One person was flown to UMC Trauma in Las Vegas following a single-vehicle rollover crash along Highway 372 near Woodchips Road on Thursday. The extent of the i ...A firefighter works at a crash scene at W. Charleston Boulevard and Arville Street in Las Vegas, Wednesday, Feb. 15, 2017.  (Chitose Suzuki/Las Vegas Review Journal)

The routine became so familiar to Las Vegas Valley local Ted McGrath that every time he opened his insurance bill, he asked the same question. “What surprise am I going to get this month?” said McGrath, 62.

The last monthly bill he paid with Farmers Insurance was $235 for November 2015. He had never filed a claim. He had every discount possible. Yet whenever he asked a representative about his rate hikes, he never got a straight answer, he said.

McGrath’s monthly bill made him among Nevada’s higher payers. The average annual price of car insurance in Nevada was about $970 for 2014, the latest year available, according to the Insurance Information Institute. That’s about 7 percent higher than the average rate for 2011. More people, more driving and the cost of health care are parts of the reason why car insurance bills have increased.

Higher rates nationwide

The whole country has seen higher rates, said Michael Geeser, president of the Nevada Insurance Council, a nonprofit representative of Nevada’s property and casualty insurance industry. One reason: As the economy has improved, more people are willing and able to spend on new cars and travel more.

“The economy picks up, more people are driving, gas prices go up, insurance rates go up,” Geeser said. “It goes hand in hand. You take the good with the bad.”

Nevada has the 12th-highest average premium in the nation, but the state has ranked higher in the past, he said.

Accidents nationwide have gone down, but the cost of an insurance claim has increased, mostly due to the cost of health care and the cost of lawsuits related to car crashes.

In Nevada, a penalty for failing to have auto insurance has made drivers more diligent about keeping insurance updated, Geeser said. Fees and fines cost at least $251 after the first day of lapsed coverage.

State a decision-maker

In May, Nevada Gov. Brian Sandoval signed into law an increase in the required liability coverage for drivers. Starting July 1, 2018, the minimum coverage for injury or death of one person in a crash will increase from $15,000 to $20,000. The minimum for injury or death of two-plus people will increase from $30,000 to $50,000, and the minimum for property damage will go from $10,000 to $20,000.

“They probably should have more than that,” Geeser said. “But that’s easy to say and tougher to sell.”

Because rates vary per person, it’s difficult to say how much more policyholders will pay as a result of these increases.

However, the best guess is an increase of about $10 a month or about $120 a year, he said. Insurance companies are still waiting for state guidance on whether policies that include July 1 should get written with those minimums or if they apply only to policies written after July 1. Every auto insurer submits proposed rate changes to the state’s Division of Insurance, and state employees review the proposals to make sure they comply with state law, division spokeswoman Yeraldin Deavila said.

The proposed changes are either amended, approved or disapproved. Any proposed change to rates is developed and proposed by an individual insurer and not by the government, she said.

Auto insurance rates growing in Nevada

Market leaders

At 19 percent, State Farm Group has the highest market share among private passenger car policies in Nevada. Berkshire Hathaway, owner of Geico, has the second-highest share (12 percent), followed by Progressive (10 percent), Farmers (9.6 percent) and Allstate (9.32 percent).

Some notable rate changes that have taken effect this year include a 13.6 percent increase for 362,000 State Farm policy holders that took effect June 5, a 4 percent increase that hit 89,000 Geico Casualty Co. policy holders on March 30 and a 9 percent increase that hit 68,000 Mid-Century Insurance Co. policy holders on May 17.

Factors that insurance companies use to calculate new rates include claims history, driving records, vehicle reports, the ZIP code, the year the car was made and its make and model, Deavila said.

Dante Thompson, a broker and agent with Insurance Group of Nevada, said a client of his saw a $600 increase to her annual premium after moving from one ZIP code to another in the valley with a higher crime rate.

Thompson recommends his clients try to save on their rates through bundling, or insuring different properties like houses and cars through the same insurance company. The most expensive part of a policy tends to be liability, especially bodily injury and per accident, but it can vary by driver. Liability can account for more than half of the bill.

But Thompson warns his clients against insuring property through new insurance companies or ones just expanding into Nevada. They may offer lower rates, but they are also more likely to fail.

“People tend to have short-term decision making,” he said.

Making the switch

As for McGrath, the man who once paid a monthly bill of $235, he switched to United Services Automobile Association, a financial group that services military members and their families.

Now he pays about $500 every six months. The extra money hasn’t turned McGrath into a spendthrift. He had some more to put toward a new truck last year and has more cash for his annual vacation outside Nevada.

“People call me cheap anyhow,” he joked.

Contact Wade Tyler Millward at wmillward@reviewjournal.com or 702-383-4602. Follow @wademillward on Twitter.

Article source: https://www.reviewjournal.com/business/auto-insurance-bills-growing-in-nevada-amid-robust-economy/

Shooting Grassroots-Level Auto Racing

The state of Wisconsin has some of the most storied and exciting short tracks in the United States, and I grew up attending many of them. I watched the greats of ASA and ARTGO battle on tracks like Madison International, Slinger Speedway and WIR. Witnessing wheelmen like Mike Eddy, Lowell Bennett and Matt Kenseth write their legacies. I became addicted to the smell of racing fuel and the sound of a wide open throttle echoing off concrete walls.

As a kid, I developed a fascination with art and knew that I wanted to be a designer. I’ve worked professionally as a designer for over 16 years and been involved with many rewarding projects. It’s satisfying to bring ideas to life and inspire an audience. Since my start as a designer, I’ve expanded into video production and photography. For the last five years I’ve photographed the local short track racing scene from a different perspective – pit side.

Focusing on the men and women, young and old, who make the community of grassroots level short track racing what it is. It’s a community of passionate, dedicated and hard-working people who have an unwavering love for speed and automobiles. My goal is to visually tell their stories through still photography. Much of my composition and perspectives have been influenced by the work of self-taught motorsport photographer, Camden Thrasher.

After much enthusiasm for my images and approach, I decided to take my work deeper. Earlier this year I started the Gasroots Project. The goal of the project is to tell the stories of individual teams. Through photography and written word I hope to inspire people to support short track racing.

The photography side of the project could be considered similar to a wedding photographers gig. The car and driver are the bride while the crew is the groom. You have race officials and fans who are like the wedding officiants and guests. Of course there is a DJ, the track announcer and the venue itself can steal the show like any storied chapel or destination wedding.

During a team shadowing session I follow driver, car and crew activities throughout a race event. I really try to be a ghost and blend in. I’ve had people tell me they didn’t even know I was there after they saw a photo of themselves. I strive for authentic and candid images as they happen. By the end of a session I’ve really gotten to know the team, their personalities and dynamics. Prior to the session, I ask that every team member answers a questionnaire that I’ve provided. The answer to those questions really helps me craft their biographies.

I pride myself on keeping my gear simple. I shoot with just one camera a Nikon D750 and a 24-120 lens. I like to be versatile and focus on the people and the environment and not get caught up in gear. I typically frame my shots from a very low perspective and want the ability to be very wide or tight at a moment’s notice.

Since I don’t use flashes or strobes, I rely heavily on late afternoon/golden hour light to make the most of my images. The fact that most every short track races in that time frame mean I can get relatively consistent images. If a speedway has a well-lit facility or I find interesting after dark scenes I might photograph into the night, but typically my photo sessions end around sundown.

I often frame my motion shots at obscure or unconventional angles to enhance the feeling of speed/motion. Any blur in my images from vehicles on track is out of camera, I really try to capture the essence of speed in an authentic manner. A technique I use of panning and zooming simultaneously is something I’ve been trying to perfect. It gives the effect of hyperspace or time warp.

The beauty of candid photography is the authenticity of capturing a moment as it happens and the genuine expressions they can reveal. For me it’s always been about the subject and visually telling their story. I use the fundamentals of photography to keep me on track and let my eye and heart guide the lens. I encourage other lifestyle and journalistic photographers to see things differently and immerse themselves in their subjects. There are always other ways to capture a scene and what your eyes and heart tells you might show an audience a new perspective.


About the author: Brad Peck is a motorsport lifestyle photographer based in Wisconsin. You can find more of his work on his website, Facebook, and Instagram.

Article source: https://petapixel.com/2017/07/15/shooting-grassroots-level-auto-racing/

The Way Auto-Dimming Rearview Mirrors Work Is Actually Fascinating


Photo: Gentex

An auto-dimming mirror may not sound like the most exciting car part, but call it by another name—electrochromic mirror—and you begin to suspect that there’s actually a bit of nerdiness behind that flat reflective surface. And indeed, there is.

Driving at night with a bright pair of headlights in your rearview can not only be blinding as it happens, but also after the trailing vehicle turns off, since your vision is often left with a blind spot. Gentex, a major manufacturer of auto-dimming mirrors, calls this the “Troxler Effect,” and describes its dangers, saying:

This phenomenon, known as the Troxler Effect, postpones driver reaction time by up to 1.4 seconds. At 60 mph, a car will travel over 123 feet in this amount of time.

An auto-dimming mirror fights glare that can cause the Troxler Effect by actually darkening the mirror—via a process called electrochromism—when an ambient light sensor detects glare from the tailing car’s headlights.

Auto-dimming mirrors usually have two sensors, which tend to be either cameras or photodiode-based photodetectors (a photodiode is a semiconductor that turns light into current). These sensors work with a microprocessor to detect glare from headlights, and to then send the appropriate charge through an electrochromic gel.

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That charge causes materials within the gel to undergo oxidation-reduction reactions, which prompts them to darken from their initial transparent states in a process called electrochromism. This darker gel, which resides between the two layers of glass that comprise the mirror, restricts how much light from the car behind can reflect into the driver’s face, and voila, the driver can drive at night without crashing into parked cars.

It’s a fascinating technology that has become standard in a lot of vehicles since it started gaining traction in the 1980s. So the next time you’re in a rental Hyundai Elantra, and you check your rearview mirror, just try to imagine those sweet, sweet electrons jumping around in that electrochromic layer.

Article source: http://jalopnik.com/the-way-auto-dimming-rearview-mirrors-work-is-actually-1796939685

Auto racing goes electric

A race car for Formula E.
A race car for Formula E. - Courtesy of Formula E

In New York City this weekend, the hot ticket is an international racing circuit for electric cars called Formula E. The series, which is wrapping up its third season, is drawing some of the world’s best race car drivers. It’s also bringing in tens of millions of dollars in investment from automakers that say the races will help them bring their electric cars to market. The series has been making the rounds, with stops in Hong Kong, Buenos Aires, Monaco and other cities.

In Brooklyn, Formula E’s racetrack looks like something out of an arcade game: a 1.2 mile loop of asphalt, surrounded by blue walls, with a grandstand and a view of downtown Manhattan and the Statue of Liberty. On a weekday afternoon, the race cars, brightly colored in blue, red, white, purple, are arriving, packed in freight containers, off a boat after a previous race in Berlin. This weekend, 20 drivers will compete here over two days, in front of an expected 40,000 spectators.

António Félix da Costa, from Portugal, is one of the drivers. “It’s amazing to be racing in this city,” he said.

Da Costa has been racing since he was eight-years-old, driving a go-kart. He’s won global championships with gas-powered cars – the Macau Grand Prix, the Formula Renault 2.0 Northern European Cup. Now he’s racing an electric car for the autosport team Andretti. “The world is going green. The world is going in this direction so the racing world obviously had to follow it,” he said.

China and Europe are imposing tougher emissions standards for cars. Cities like Paris, Madrid, and Mexico City have announced that they’ll ban diesel cars from their city centers by 2025.

As the regulations pile up, automakers are hustling to develop electric fleets. And they’re doing it, in part, through Formula E. The car companies BMW, Jaguar, Audi, and Renault are all participating in the series, building cars and sponsoring teams.

The races give them a chance to pilot their new electric technology under grueling conditions to see how it measures up. “You know, nothing pushes innovation and development better than competition,” said Justin Goduto, an executive for Audi.

Goduto says racing has always played a big role in Audi’s RD process. The difference now: Audi, which has a fully-electric SUV in the works, sees electric cars as the future. So it’s shifting investment from gas-powered racing circuits to Formula E. “What series make sense for us to best learn, understand, develop, you know, test and implement?” asks Goduto. “I think Formula E is the right space for us.”

Jaguar, which will launch its own fully electric car next year, has devoted its entire global motorsports budget to the racing series. “From a product perspective, electric vehicles are an incredibly important part of our future,” said James Barclay, the team’s director.  

Thing is, that future is still a while away.

“The electric vehicle market gets a lot of publicity but at the moment, it’s very tiny,” said Michelle Krebs, an analyst at Autotrader. She said in the first half of this year, fewer than one percent of new cars sold in the U.S. were electric.

And that’s another reason car companies are joining Formula E – to expand the market for electric cars. “There’s this idea that they aren’t very fun, they are slow. And so a racing series can bust some myths about electric vehicles,” Krebs said.

And because Formula E holds its races in city centers, it gives the automakers a chance to show off their green credentials to young, sustainability-minded urbanites. The same people who’d be likely to buy those electric cars when they do come to market.

 

Article source: https://www.marketplace.org/2017/07/14/business/auto-racing-goes-electric

Local Baseball Roundup | Carpenter thumps Laurel Auto Group

Johnstown Collegiate League

Jordan Fiedor went 3-for-3 with a walk, one run and a run batted in, and three pitchers combined on a four-hitter as Paul Carpenter Capital Advisors pulled into a first-place tie with Laurel Auto Group by beating Laurel Auto Group, 8-2, in the late game at Roxbury Park on Friday.

Each team has a 20-8 record in the Johnstown Collegiate Baseball League entering the final week of play.

Raven Beeman and Noah Beasley each went 2-for-3 for Paul Carpenter. Brock Bonadio had two hits and two RBIs.

Neil McDermott started and pitched 3 1/3 innings, allowing two runs. J.P. Pellis threw two innings and Michael Bryja closed the game with a scoreless inning.

Dan Clark went 2-for-3 with two RBIs for Laurel Auto Group. Luke Smeltz tripled.

Paul Carpenter Capital Advisors 4, First Commonwealth Bank 3

In the early game at Roxbury Park, Chris Common had two hits, including a solo home run to center field to lead Paul Carpenter Capital Advisors over First Commonwealth Bank.

Reno Rainey singled in a run.

First Commonwealth’s Ben Maudie had two hits, including a double, and Alex Sobecky had two hits.

Article source: http://www.tribdem.com/sports/local-baseball-roundup-carpenter-thumps-laurel-auto-group/article_699bc336-690e-11e7-8c84-73882ac3708c.html

Toyota Sequoia still an SUV crowd pleaser

ANALYSIS/OPINION:

Got the urge for a sturdy, reliable, three-row SUV?If so, then consider the 2017 Toyota Sequoia.It’s unchanged for 2017, but the competition is still the same, including the Ford Expedition SUV, the Chevrolet Tahoe SUV and the Nissan Armada SUV.

Whether you are hauling a family of eight, taking the vehicle off road or needing to tow a load, this Toyota is all about functionality and turning heads. 

While the Toyota folks do need to add some tech goodies next time they do a redesign, there is still absolutely nothing that won’t appeal on this sturdy choice for a transportation mode.

You can definitely expect a strong and easy ride in the Sequoia and as you move up the trim level designs it just gets better.  From easy to enjoy at the bare bones level to a luxury package that goes all out, the 2017 Toyota Sequoia is an SUV choice worth considering.

Offered in three trims you can choose from the SR5, Limited and Platinum.  Each one of the trims also comes with your choice of either rear or four-wheel drive.

On the SR5 and Limited trims you can fit eight passengers, but if you opt for the Sport Package with second-row captain’s chairs you can only fit seven.  On the Platinum trim the second-row captain’s chairs are standard with a reduction from eight to seven passengers accommodated.

On the SR5 base trim expect a pretty well-rounded list of standard features.  That includes 18-inch wheels, a sunroof, a power rear window and power driver seat along with tri-zone automatic climate control and a 40/20/40-split second-row bench seat. The second row seat also has sliding and reclining ability and the 60/40-split reclining means you can fold the third-row bench flat down.  There are also sunshades on the second and third rows and there is a rearview camera as well as a 6.1-inch touch screen.

For the base trim you can add the Sport package giving you bigger 20-inch wheels, a color-keyed grille and the aforementioned second-row captain’s chairs.  For individual add-ons you might want to add the auto-dimming rearview mirror, leather upholstery, heated front seats or a power-reclining, folding third-row seat to the mix.

On the Limited trim its 20-inch wheels with auto-dimming and power-folding exterior mirrors, front and rear parking sensors and a power lift gate.

On the Limited trim there is a Safety and Convenience package that will give you blind-spot monitoring as well as driver-seat memory.The JBL sound system with 14 speakers is an option and so is a Blu-ray player.

For the high-end Platinum trim you get all the goodies from the two lower trims and add to that adaptive air suspension and cruise control as well as air-conditioned front seats and heated second-row captain’s seats. You might also want to add a power-adjustable steering wheel and a second-row center console.

Under the hood the 2017 Toyota Sequoia has a six-speed automatic transmission with a 5.7-liter V8 engine that cranks out 381 horsepower and 401 pound-feet of torque.

The 2017 Toyota Sequoia safety features include a long list from a variety of airbags including the driver and passenger standard air bag with an on/off switch for the passenger’s side, a rear, side head, rear head, side and rear body air bags, 4-Wheel ABS, disc and drum brakes, front disc/rear drum brakes, brake assist, electronic stability control, auto-on headlights, daytime running lights, child safety locks, a rollover protection system, front and rear tow hooks, traction control, emergency trunk release, blind spot monitoring and lane departure warning.

Overall, the 2017 Toyota Sequoia is a comfortable ride with cushy seats and hardly any outside noise to disturb inside the cabin whether on the highway or running errands around town.

There is also plenty of room inside for you and all your passengers.  If you opt for the second row captain’s chair you will find there is plenty of room to get comfortable and the head and leg room overall is more than enough for all but a very small percentage of tall passengers.

After all, this is one big vehicle and for the front seat driver and passenger there is so much room you find yourself having to navigate your way to the buttons that are just out of arm’s reach on the dash.

As for the dials and buttons located in the center console, these are easy to figure out and use without much prep time.

This Toyota sits pretty high too so it is a bit of a step-up to get inside, But there are easy handles that are positioned nicely to help you catapult your way inside. 

There is also plenty of room in the cargo area if needed.  With the rows folding down flat if necessary you will find more than enough hauling space. Behind the first row there is an impressive 120.1 cubic feet.

There are also plenty of little compartments in the Sequoia even in the back for the passengers seated in the third row.  In fact, a count shows there are 16 cupholders over all, which is pretty impressive and appreciated for a long haul trip.

Overall, as your drive the 2017 Toyota Sequoia you will find this large vehicle handles very well with steering being near defined and near perfect as is the automatic shifting.

You will feel the pull if you are trying to get on the highway quick, but it’s doable with a zero to 60 in about 6.9 seconds. 

As for off-roading if that’s your thing, again you won’t be disappointed since the Sequoia has a low-range transfer case with a clearance of 10 inches from the ground for hard driving.

Final answer, the 2017 Toyota Sequoia is well equipped for around town, on the highway and off road or, even in the case of an apocalypse you will surely be pleasantly surprised at the capability.

Should You Need to Know:  The 2017 Toyota Sequoia can town up to 7,400 if you opt for the RWD SR5 trim, 7,200 on the RWD Platinum or 7,000 pounds on the Platinum 4WD.

Miles:  The 2017 Toyota Sequoia Platinum I drove had 13 miles per gallon in the city and 17 miles per gallon on the highway.

Cost: The 2017 Toyota Sequoia Platinum I drove had a price tag of $68,947.

For more auto tips and information follow Rita@RitaCook13.

Copyright © 2017 The Washington Times, LLC. Click here for reprint permission.

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Article source: http://www.washingtontimes.com/news/2017/jul/14/auto-review-2017-toyota-sequoia-still-crowd-please/

Peak Auto? These 3 Auto Stocks Are In Buy Zone, This 1 Is Close

Investors don’t seem fazed by the steady stream of reports about falling U.S. auto sales. Fiat Chrysler (FCAU) and Volkswagen (VLKAY) are breaking out Thursday, a day after Ferrari (RACE) cleared a buy point. General Motors (GM) crossed an entry area intraday, with CarMax (KMX) also nearing a buy zone.

XAutoplay: On | OffTesla (TSLA) dipped 1.85% on the stock market today. Tesla is still up more than 3% this week, but that’s after tumbling more than 13% last week following weak Q2 deliveries and questions about Model 3 production. General Motors this month has retaken its title as the most valuable automaker by market cap.

Despite the U.S. auto sales slowdown, most major automakers have seen average transaction prices rise this year as consumers’ love affair with big-ticket SUVs and trucks continues. That bodes well for automakers’ margins, said Efraim Levy, senior equity analyst at CFRA.

“The sector has been undervalued for some time,” he told IBD in a phone call. “The declines were excessive, and there must be some rotation going on.”

Levy also noted that profits for automakers are booming in America — GM topped earnings and revenue estimates in March, following a record year for profits in 2016. Plus, the outlook for global growth, led by China, looks strong. Ford (F) rose 1.1%, but is still near multiyear lows.

Auto stocks look attractively priced, Levy added. Among them, he has strong buys on parts supplier Magna (MGA), which is in buy range, as well as Lear (LEA), which is also approaching a buy point.

Fiat Chrysler

Fiat Chrysler topped an 11.75 buy point in a multiweek first-stage flat base, rising 4.1% to 11.93.

New-vehicle sales at Fiat are down 6.7% year over year in 2017 through June, according to Kelley Blue Book.

But some of Fiat’s brands have a favorable outlook.

“Global expansion of the Jeep, Maserati and Alfa Romeo brands richens the product mix and bolsters operating leverage,” Morningstar senior equity analyst Richard Hilgert wrote May 31.

Fiat Chrysler was punished in 2016 as investors fretted about lackluster management and high level of debt. But this year, Fiat Chrysler stock has vaulted 30%.

General Motors

GM hit an intraday high of 36.08 — just short of a 36.10 buy point off a first-stage cup-with-handle base. GM rose 1% to 35.86, backing off after hitting 36.12 intraday.

GM’s new vehicle sales are off 1.7% so far this year, according to Kelley Blue Book.

Year to date, GM stock has gained 3%.

Ferrari

Ferrari, the hottest auto stock of the year, rose above a 91.95 buy point Wednesday and edged down just 0.1% to 92.82 on Thursday.

Ferrari stock has been on a tear this year, gaining 59% so far. Ferrari came public in late 2015 as a Fiat Chrysler spinoff.

Volkswagen

Volkswagen, lightly traded over the counter in the U.S. rose 0.8% to 33.10, clearing a 32.96 buy point after attempting a breakout Wednesday.

Volkswagen has been working to burnish its image after the dieselgate scandal. Among other initiatives, company executives have pledged to decentralize power from the German headquarters.

Year to date, Volkswagen stock is up 15%.

CarMax

Auto dealer CarMax is less than a buck away from a 65.90 buy point, up 1.3% to 65.03. CarMax stock has been in a solid uptrend since the company’s strong earnings in late June.

However, the fine print on its earnings report held some yellow flags for automakers such as General Motors, Ford and Fiat Chrysler.

Used-vehicle sales account for over 84% of CarMax revenue. Falling used-auto prices could threaten margins for the company, according to Morningstar analysts.

CarMax stock has eked out a 1% year-to-date gain.

RELATED:

CarMax Earnings Strong But Pricing Trends Offer Warning To GM, Ford

Auto Sales Hit Their Lowest Levels Of The Year; Car Demand Crashes

Article source: https://www.investors.com/news/peak-auto-these-3-auto-stocks-are-in-buy-zone-this-1-is-close/

Auto safety gear: What’s it worth to you?

Jerry Edgerton

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View all articles by Jerry Edgerton on CBS MoneyWatch»

Jerry Edgerton, author of Car Shopping Made Easy, has been covering the car beat since Detroit companies dominated the U.S. market. The former car columnist for Money magazine and Washington correspondent for Business Week, Edgerton specializes in finding the best deals on wheels and offering advice on making your car last.

Article source: http://www.cbsnews.com/news/auto-safety-gear-whats-it-worth-to-you/