What’s New – February 16, 2015
Driverless Transportation
IN THIS WEEK’S ISSUE … Supplier Delphi Automotive is a leader in driverless safety, its 2014 earnings were strong, and its autonomous Audi made a splash at CES 2015. A profile of the guys that provide the nuts, the bolts, and the software. … Also, University of Michigan TRI researchers envisage there will be fewer vehicles in a Level 4 driverless world but the OEMs may still generate higher revenues. How does that work? And, can they figure out how to beat OSU?
NEW EVENTS & REPORTS:
- Delphi Automotive is Rolling With Driverless Safety Technology
- Our Autonomous Future Means Fewer Vehicles, More Capabilities: Study
- New Event — TU-Automotive’s Connected Fleets Europe 2015 on March 10-11
IN THE NEWS:
- Apple Making A Car Isn’t as Ridiculous as You Think
- The UK Begins its Driverless Tests
- Nissan’s Sierhuis on ‘Teaching’ Autonomous Vehicles to Think
- Israeli Lab Developing Next Gen of Driverless Tech
THE DRIVERLESS TRANSPORTATION D20 STOCK INDEX
The Driverless Transportation D20 Stock Index crawled over the 140 mark for the first time since November 2014, rising 1.5 percent for the week to close at to 140.441. Winners outnumbered losers 17 to three. BYD (BYDDY) continued its roller coaster ride, jumping more than 9 percent to $7.52. NVIDIA (NVDA), last week’s featured D20 company, posted another strong turn, gaining $1.91 or 9.36 percent, to be the largest percentage gainer in the index. Google (GOOG) was the index’s largest point gainer with shares increasing $18.01, or 3.4 percent, to close Friday at $549.01.
One notable exception to the gains was Tesla Motors (TSLA), which lost 6.3 percent to finish at $203.77, making it the biggest absolute and percentage loser in the D20. Tesla last week reported mediocre fourth quarter earnings and weak sales in China. Tesla continues to see its electric vehicle (EV) competition strengthen as BMW reports strong sales of its i-series cars and rumors have Apple poaching Tesla engineers with a goal to develop its own EV.
This week’s featured D20 Index component, Delphi (DLPH), added $1.54 or 2 percent, to end the week at $78.70, an all-time high for the stock since its re-introduction in 2011 and a gain of 14 percent since last October. JP Morgan Chase and RBC Capital think its going even higher, raising their Delphi price targets to $88.00 and $91.00 respectively, which bodes well for the auto parts maker.
Visit the D20 Stock Index page for more information.