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Aston-Benz or Mercedes-Martin?

“This is a transformational moment for Aston Martin. It is the result of six months of enormous effort to position the company for success to capture the huge and exciting opportunity ahead of us.” —Lawrence Stroll, Executive Chairman of Aston Martin This week news hit the wire that Mercedes-Benz is taking a 20% stake in […]

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#bikesarethenewtoiletpaper

“The United States is facing a shortage of bicycles as anxiety over public transportation and a desire to exercise has sent the demand surging.” —The New York Times “I have never seen anything remotely approaching this. If you went into a store three weeks ago you could find a bike under $1,000. Right now shelves […]

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Cars and the Coronavirus: Geneva International Motor Show Canceled

Over the last few trading days markets have experienced a sharp reversal. Anxiety is growing over the spread of the Coronavirus and markets are responding. The spread of the Coronavirus is impacting everything from air travel to car shows. This morning, Bloomberg ran the following story which outlines that the Swiss government is taking steps […]

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Turtle Garage Newsflash: An Unusual Volume of News and Events Within the Automotive World

From Lewis Hamilton to the GM Strike to the release of Ford v Ferrari, the last few weeks have brought a flurry of headlines within the automotive world. We thought a short curated summary with links to major articles would be a great way for Turtle Garage subscribers to start the week and get caught […]

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Uber Needs a Lyft

“Uber and Lyft are caught in a perfect storm of China-trade related market choppiness, combined with worries around no profitability in sight, and a valuation knife-fight between the bulls and the bears.” —Daniel Ives, Wedbush Analyst “They just waited too long. There’s nothing exciting about it. I don’t think you could have expected anything different […]

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Tesla: An Electrifying Month of News

“The fundamental message consumers should be taking today is that it’s financially insane to buy anything other than a Tesla. It’ll be like owning a horse in three years. I mean, fine if you want to own a horse, but you should go into it with that expectation.” —Elon Musk “Tesla is not sustainably profitable […]

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The Mysterious Fall of Carlos Ghosn

This summer the auto industry was shocked to learn of the sudden and premature death of legendary and charismatic Fiat CEO Sergio Marchionne. This week, the auto world is being rocked once again by more high profile upheaval. Newswires are abuzz over the arrest in Japan of auto titan Carlos Ghosn. The Nissan/Renault/Mitsubishi Chairman is […]

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