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Reports US

US stock market daily report (April 16, 2014, Wednesday)

April 17, 2014, Thursday, 05:20 GMT | 00:20 EST | 08:50 IST | 11:20 SGT
Contributed by Millennium Traders


The 2014 New York International Auto Show kicks off at the Jacob Javits Center on Manhattan’s West Side on April 16 and runs through April 17. This years exhibition will include concept cars, remakes, supercars and of course, World Car Award winners. The Big Apple will be host to over thirty vehicles debuted at the New York Auto Show. A few of the honorable mentions are highlighted.

Ford Mustang
Ford is celebrating the Mustang's 50th anniversary by perching a 2015 Ford Mustang atop the Empire State Building, on the 86th floor on the observation deck - just as Ford did, 50 years ago. Because the building is too narrow, a helicopter is not an option and super cranes can only go up 50 stories, the elevator will be used to transport the Mustang. Problem is, elevators in the building were built in 1931, a modern car won't fit. Fifty years ago, Ford cut the Mustang into three sections to accomplish the feat which will be duplicated again, this year. Dave Pericak, Mustang chief engineer said, “Like the team that did this in 1965, the current crew visited the Empire State Building before starting and took careful measurements of its new elevators and doors before cutting up the car.”

Corvette Z06 Convertible
General Motors will debut the 2015 Corvette Z06 convertible equipped with the Z06 engine, racing suspension and brakes, plus for the first time since 1963, they can get that package with a convertible top. The aluminum chassis is 20 percent stiffer than the previous Corvette Z06. The only changes are the provisions for mounting the power folding top and repositioned seatbelt mounts. The Z07 package adds larger winglets and an adjustable center section on the rear spoiler. Corvette chief engineer Tadge Juechter said, “Until recently it was not possible to create a lightweight, open-roof structure strong enough to cope with the braking, cornering and acceleration of Corvette's top performance models. The frame for the Z06 convertible leverages advancements in computer-aided engineering, metallurgy and manufacturing techniques, many of which were not available just five years ago.”

Bentley Flying Spur V8
The powerful Flying Spur V8 packs a 4.0-liter V8 capable of 500 horsepower on 488 lb-ft of torque. The new Bentley has the downsized engine for the luxury sedan driver who only needs 500 horses on the average day. The Flying Spur V8 will vault from 0-60 in 4.9 seconds with a top speed of 183 mph.

BMW X3
The debut of the new BMW X3 luxury crossover will get style upgrades in addition to new engines and drivetrains. The front will contain a twin-kidney grille that takes up more of the vehicle’s front. The 2.0-liter turbo diesel includes 280 lb-ft of torque.

Mercedes Benz S63 AMG 4MATIC Coupe
The S63 AMG 4MATIC Coupe will make its debut on April 16 with a 5.5-liter bi-turbo V8 which can generate a maximum 577 horsepower on a massive 664 lb-ft of torque. The S63 can blast from 0-60 in 3.9 seconds and hit a top speed of 183 mph. Mercedes clipped 140 pounds from the S63 while adding 41 hp and 74 lb-ft of torque creating the Mercedes Benz engineering car lovers have come to adore.

Rolls Royce Ghost Series II
Geneva will debut the Rolls Royce Ghost Series II, highlighting the “effortless technology” of its interior controls which include satellite-aided safety technology, heads up display and an infrared camera with a range of hundreds of feet. The Ghost is expected to sport a 563-hp V12 under the hood.

Other debuts expected at the Auto Show include:
Aston Martin
Chevrolet Cruze
Chevrolet Trax SUV
Dodge Charger
Dodge Challenger
Fiat 500 Abarth
Ford Focus
Ford Skyliner
Jeep Renegade
Kia Sedona
Land Rover Discovery Vision
Mini Cooper Countryman
Nissan Murano
Nissan Versa
Subaru Outback
VW Golf GTI
Volkswagen Golf Sportwagen TDI 4Motion
VW Jetta