Text size China’s auto market is showing a robust rebound. Here: a BYD Tang vehicle at the company’s showroom in Beijing. Qilai Shen/Bloomberg While the recent recovery in much of China’s ...
Tag: Auto
Ford shares dip despite outperforming auto industry in June
The recent release of the performance statistics of automakers has seemingly left a lot to be desired. Namely, Ford’s (NYSE: F) shares dipped on June 5, as the company posted results that showed it ou...
North America Auto Production Slowly Rebounds: S&P Global Mobility
Ford Motor Co. Dearborn Truck Plant Photo: Charlotte Smith/Ford Motor Co. North American auto production is rebounding somewhat in 2022 – S&P Global Mobility said this week it expects production o...
U.S. Auto Sales Forecast Gets Another Haircut, Mostly Due To Low Supplies
Forecasters trim expectations for improvement in U.S. auto sales this year. Low inventory is mostly … [+] to blame. Portland Press Herald via Getty Images Cox Automotive cut its 2022 U.S. auto s...
Chinese electric vehicle maker Li Auto to raise $2B in US stock offering
The Li One electric car from Li Auto is displayed at the Moonstar Global Harbor shopping mall in Shanghai, China, May 10, 2021. Costfoto | Barcroft Media | Getty Images Chinese electric vehicle maker ...
Auto rebalance crypto portfolios with OKX’s smart portfolio trading bot | Beginners Tutorial| OKX Academy
Trading bots are an ever-popular way to manage crypto trades and investments. OKX supports various trading bot strategies for all levels of user. Among them is our automatic portfolio rebalancing tool...
China EV Sales: Tesla Rival BYD Breaks Out After Huge Win Streak; Nio, Li Auto, Xpeng Due
China EV sales for June and the second quarter are due, after Nio (NIO), Xpeng (XPEV) and Li Auto (LI) signaled a Covid recovery but Wall Street says — not so fast. X BYDDF stock broke out afresh Mond...
Rising loan rates, gas prices ‘a real problem for auto demand’: Analyst
On Friday, new inflation data revealed that it’s still getting more expensive for Americans to buy cars, with prices of new and used vehicles spiking 12.6% and 16.1%, respectively, in the past y...
Gnox Token (GNOX) presale is in full auto after the team completes KYC process with Soken Team
Gnox Token (GNOX) Gnox now in its primary presale phase has already begun to fly. Its value has soared 52%, and the final days for investors to lock in the best rate with a 20% token allocation bonus ...
May Sales At China Billionaire’s Geely Auto Drop 7% Amid Lockdown Disruptions; EVs Gain
Geely Auto is controlled by China billionaire Li Shufu. (Photo by Zhang Peng/LightRocket via Getty … [+] Images) LightRocket via Getty Images Geely Automobile Holdings, a China automaker control...
Auto Cybersecurity Companies’ Challenge Is Now Proving Its Mousetrap Is Better
In a time where cybersecurity has become especially crucial, finding the better product strategy … [+] requires understanding what vendors exist and how their solutions fit your product’s ...
New Auto Staking & Auto Compounding DEX Protocol
Advertisement     Freedom Protocol, an aggregator of financial freedom and independence in the crypto industry, is a DeFi 3.0 auto-stacking and automatic interest accr...
Nio May 2022 sales constrained by Covid; XPeng, Li Auto gain ground
Nio began deliveries of its new ET7, an upscale electric sedan, on Monday, March 28, 2022. Nio Chinese electric vehicle maker Nio delivered more than 7,000 vehicles in May, up 4.7% from a year ago but...
China EV Sales: Nio Stock, Xpeng, Li Auto And BYD Rally Ahead Of May Deliveries Data
Nio (NIO), Xpeng (XPEV) and Li Auto (LI) will report May EV sales this week, as well as Chinese EV and battery giant BYD (BYDDF). Sales are expected to bounce back somewhat after a dismal April, in wh...
Dealer Profits On Auto Finance Way Up; It’s Not The Interest, It’s The Add-Ons
Auto finance is a major profit center for U.S. auto dealerships. Dealers say they make much more on … [+] products like service contracts, and not so much on their share of the customer’s ...
More Drivers Accept Monitoring, To Get Safe-Driver Discounts On Auto Insurance
A TransUnion survey suggests drivers looking for a safe-driver discount are more receptive to driver … [+] monitoring, for risky driving habits. AFP via Getty Images Inflation is driving custome...
Volkswagen Boss Predicts that German Auto Giant Will Surpass Tesla on EV Sales by 2025
Volkswagen CEO Herbert Diess stated at the WEF that the company’s EV sales will overtake Tesla numbers in three years. Volkswagen (ETR: VOW3) looks to supplant Tesla (NASDAQ: TSLA) as the world’s larg...
The Auto Industry Struggles With Systems Engineering; Reinventing The Wheel
With more and more complexity in the vehicle, the need for reusability of platforms is growing. And … [+] yet ironically the industry is struggling with it more. getty In 2013, Forbes reported t...
Li Auto stock rises 8% in a week after solid results fending off fears of a Covid resurgence
On May 10, Li Auto (NASDAQ: LI), the Chinese electric vehicle (EV) manufacturer, posted better than expected earnings results. Despite beating estimates, the shares did not perform well as anticipated...
Auto Retailing Company ‘MotoRenn’ Now Accepts Shiba Inu Payments For Luxurious Cars
– Advertisement – You Can Now Buy Superfluity Cars At MotoRenn With Shiba Inu Via BitPay. Once again, cryptocurrencies are winning, and Shiba Inu (SHIB) is one of the most impacted. Of l...
Rising Credit Costs, Transaction Prices Slamming Auto Affordability, EV Adoption
Thin inventory at dealer lot in suburban Detroit, Mich. Ed Garsten Monthly auto loan payments are at historic highs, transaction prices continue to climb and sticker prices are losing their relevance ...
“Gigantic” Impact From China Lockdowns To Hit Auto Industry Globally: Automobility’s Bill Russo
Tesla CEO Elon Musk gestures during the Tesla China-made Model 3 Delivery Ceremony in 2020, … [+] underscoring the country’s importance to the U.S. automaker. (Photo by STR / AFP) / China ...
China’s Geely Auto To Buy 34% Of Renault Korea Motors In Bid For South Korean, Export Markets
Chinese billionaire Li Shufu controls Geely Auto, as well as Volvo Cars, Polestar and several other … [+] global brands. Photographer: Qilai Shen/Bloomberg © 2018 Bloomberg Finance LP Geely Auto...
‘No Chips, No Music’ Says GM And BMW As Semiconductor Shortage Silences Apple CarPlay And Android Auto
GigaFactory (Photo by Patrick Pleul / POOL / AFP) (Photo by PATRICK PLEUL/POOL/AFP via Getty Images) POOL/AFP via Getty Images To learn how to improve your results in the market dramatically by buying...
ON Semiconductor Gets Backed by Auto Demand. Stock Rises on Record Revenue.
Text size ON Semiconductor said it expects automotive and industrial customers to account for an increasing share of revenue. Photograph by Adi Goldstein ON Semiconductor delivered record revenue for...
Elon Musk is taking over auto insurance too — should you get Tesla to cover your car?
Elon Musk is taking over auto insurance too — should you get Tesla to cover your car? As he did with the electric car industry, Elon Musk is aiming to revolutionize car insurance, promising drivers up...
Opinion: Once richly valued, ‘unicorn’ startups are being gored and investors and funders have stopped believing
When Homer Simpson was asked, “How are we going to get out of this hole?,” he replied, “We’ll dig our way out!” Many people who find themselves in holes they can’t climb out of think that the solution...