Automakers Rev Their Engines For Geneva Motor Show
Marty Padgett, editorial director for Motor Authority, discusses what we should look for at the Geneva Motor Show, as well as the scandal enveloping automakers such as Volkswagen, BMW, and Daimler. The car brands are in hot water after attempting to suppress results from animal testing.
Padgett says all eyes will be on Jaguar's I-Pace electric SUV. The car is Jaguar's answer to the Tesla Model X. Padgett explains Tesla has "reset expectations."
Padgett also talks about Pal-V's flying car. The vehicle features an internal combustion engine with 100 horsepower and has a combined 310 mile range.
Padgett also breaks down the scandal involving VW, BMW, and Daimler. The brands attempted to suppress test results that subjected monkeys to hours of diesel fuel inhalation. The results didn't show the data the companies wanted. Padgett says it will take a generation for VW to recover.
Microsoft is partnering with Warner Brothers for the film Wonka to release a limited edition Xbox series X that looks like one of Willy Wonka's famous chocolate bars.
Google CEO Sundar Pichai was back in court Tuesday to testify in an antitrust trial that accuses the company of running an illegal monopoly on its Android apps.
Ed Egilinsky, managing director and head of sales and distribution & alternatives with Direxion, joined Cheddar News to discuss how bond traders are reacting to the latest consumer price index data and how they're positioning portfolios ahead of next week's release of Nvidia's earnings. Egilinsky also discussed some of the other bigger-cap companies, including Alphabet, Amazon and Apple.
