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: automotive
Car quality is slipping: These are the brands with the most and least complaints, study finds
New car owners are experiencing more problems in the first 90 days of ownership than ever before. Buick took the top spot in the 2022 J.D. Power Initial Quality Study, but the headline isn’t the winne...
GM, NIO, and 3 More of the Best Car Stocks for the Second Half of 2022
Text size The average automotive stock dived about 25% in the second quarter. Drew Angerer/Getty Images The first half of 2022 was painful for the automotive sector, with most car stocks dropping fart...
What Could Be Ahead for Tesla in the Next Six Months
Text size Tesla CEO Elon Musk recently referred to his company’s two new automotive plants as “gigantic money furnaces.” Sean Gallup/Getty Images How many cars Tesla would deliver in...
Tesla Deliveries In Focus Following Record Quarterly Stock Slump
Updated at 9:35 am EST Tesla (TSLA) – Get Tesla Inc. Report shares, fresh off their worst quarterly decline on record, trimmed their slump Friday as investors brace for what could be a grim rea...
Tesla Vehicle Deliveries Tumble After China Factory Shutdown
Tesla vehicle deliveries fell quarter-over-quarter for the first time in more than two years, reflecting an extended shutdown in China, supply-chain disruptions and challenges associated with opening ...
General Motors Stock Halted, Edge Higher On Q2 Chip Shortage Hit
Updated at 2:26 pm EST General Motors (GM) – Get General Motors Company Report cautioned Friday that chip shortages and supply chain disruptions lead to production delays that impacted around 1...
Opinion: Sell Exxon Mobil and other energy stocks before these headwinds hit prices once again
Energy stocks have been the star investment this year. Now it’s time to sell them and electrify your portfolio before investors once again focus on the industry’s long-term headwinds. There are a hos...
Ford’s Talk of New EV-Selling Rules Rattles Some Dealers
Ford Motor Co. is preparing new rules for how it sells electric vehicles, a shift that is concerning some dealers and seen as challenging the traditional franchise model. Executives from the Detroit g...
NIO shares extend losses as Chinese EV maker denies short-seller report
NIO Inc.’s shares in Hong Kong extended declines in afternoon trading after the company denied accounting allegations in a report by short seller Grizzly Research LLC. The stock NIO, -2.57% NIO, -11.4...
General Motors EV Partner Sees Director Buy More Stock
Text size MP Materials shares have slipped 21% so far this year Joe Buglewicz/Bloomberg MP Materials stock has slipped this year, and director Randall Weisenburger bought more shares of the rare-earth...
Automotive blockchain market to surpass $1.5 billion in four years
A new report has revealed that the automotive blockchain market will hit an estimated valuation of about $1.6 billion by 2026, with an annual growth rate of approximately 28.5%. The market valuation t...
Tesla Has a New Rival on the Rise
Tesla (TSLA) – Get Tesla Inc. Report completely dominates the electric vehicle market. The figures are there to show that in the United States, Elon Musk’s company is unrivaled. Its mark...
Russian Gas Cuts Threaten World’s Largest Chemicals Hub
LUDWIGSHAFEN, Germany—For years, BASF SE one of the world’s largest chemicals companies, built its business model around cheap and plentiful Russian natural gas, which it uses to generate power and as...
NIO’s Hong Kong, Singapore shares hit new highs as outlook brightens
NIO Inc.’s shares in Hong Kong and Singapore have climbed to fresh record highs as the global outlook for electric-vehicle demand brightens. The electric-car manufacturer’s Singapore-listed shares NIO...
Spirit Airlines Sticks With Frontier Deal After Sweetened Offer
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Mullen Automotive stock heads for six-day winning streak after company discusses patent applications
Shares of Mullen Automative Inc. MULN, +5.26% were ahead in Wednesday morning trading but had pared back some of their gains after the electric-vehicle company said that it had filed various patents t...
Polestar shares expected to debut Friday on Nasdaq after SPAC deal approved
Shares of electric vehicle company Polestar are expected to debut on the Nasdaq on June 24, after shareholders of special purpose acquisition company Gores Guggenheim Inc. GGPI, +11.87% approved the p...
Nio stock bounces, after EV maker disputes short-seller report, saying it contained ‘numerous errors’
Shares of NIO Inc. were knocked down by a short-seller report on Wednesday, alleging exaggerated financial results, even as the China-based electric vehicle maker said the report is without merit and ...