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.
Union leaders and Hollywood studios reached a tentative agreement Sunday to end a historic screenwriters strike after nearly five months, though no deal is yet in the works for striking actors.
The Week's Top Stories is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street. This week we're highlighting, Microsoft and Activision Blizzard, the UAW strike, Fox Corp. and News Corp. shake-up, interest rate decision, and Cisco scooping up Splunk.
