Shares of Rivian Automotive fell after a report said the electric truck start-up is in talks…
Tag: Autos
Rivian wants out of Amazon exclusive agreement for EV delivery trucks
One of Amazons new electric delivery vans from Rivian gets ready to leave the Amazon Distribution…
Venture investors vow to work with Silicon Valley Bank if new owner found
A sign hangs at Silicon Valley Banks headquarters in Santa Clara, California on March 10, 2023.…
Tesla Battery Supplier Beats Profit Estimates. It’s Citing Soaring EV Demand.
Tesla battery supplier Contemporary Amperex Technology, or CATL, beat annual earnings expectations Friday, strengthening its status…
GM offers buyouts to ‘majority’ of U.S. salaried workers
Mary Barra, CEO of General Motors at the NYSE, November 17, 2022. Source: NYSE DETROIT –…
Used vehicle prices rising at an unseasonably strong rate
A used car dealership is seen in Annapolis, Maryland on May 27, 2021, as many car…
Rivian, Tesla, and 2 Other EV Makers Are Recalling Vehicles
Monday is looking like recall day for electric-vehicle makers. A few have showed up on the…
Hertz Warrants Offer a Good Alternative to the Stock. How to Play It.
Bulls on Hertz Global Holdings should consider the rental car company’s unusual and attractively priced warrants,…
Lordstown Motors’ Sales Were Dreadful. The Stock Is Rising Anyway.
Sales and earnings from electric vehicle start-up Lordstown Motors show just how hard it has been…
Tesla, Apple, Ciena, and More Stock Market Movers
This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to…
Ford’s February auto sales jump 22% from subdued 2022 results
Ford Motor Co., CEO Jim Farley gives the thumbs up sign before announcing Ford Motor will…
Polestar (PSNY) Q4 earnings: EV production ramps up
Polestar 3 Courtesy: Polestar Swedish electric vehicle maker Polestar cut its annual net losses in half…
GM to Axe Hundreds of Jobs. But It’s Not About Cutting Costs.
General Motors is cutting salaried and executive staff positions, after saying earlier this year that it…
Aston Martin shares surge on profitability forecast for 2023
The exterior of an Aston Martin store. Jeremy Moeller | Getty Images News | Getty Images…
Tesla Signs Battery Material Deal With Korea’s L&F
Tesla investors are having a busy week and it’s only Tuesday. Ahead of the week’s main…
Rivian (RIVN) earnings Q4 2022
Rivian electric pickup trucks sit in a parking lot at a Rivian service center on May…
UAW leadership upheaval peaks ahead of automaker negotiations
United Auto Workers members on strike picket outside General Motors’ Detroit-Hamtramck Assembly plant on Sept. 25,…
DeLorean Has Hit the Brakes. Catching Tesla Is Proving Hard for EV Rivals.
When Marty McFly drove into the future in the famous 1980s movie, he made it look…
Canada’s Largest Pension Sold Apple, Bought EV Stocks Tesla, NIO, Li Auto
Canada’s largest public pension seems to be more bullish about electric vehicles than iPhones. Canada Pension…
Ford delays F-150 Lightning production another week after battery fire
Ford CEO Jim Farley announces at a press conference that Ford Motor Company will be partnering…
Carvana Posts Wider Q4 Loss. Used Car Demand Tumbled.
Online used-car dealer Carvana (ticker: CVNA) missed fourth-quarter earnings and revenue expectations and announced plans to cut…
Lordstown halts production of EV Endurance trucks to fix issues
Lordstown Motors gave rides in prototypes of its upcoming electric Endurance pickup truck on June 21,…
Stellantis Stock Rises After Earnings Top GM, Ford, and Even Tesla
Stellantis finished up 2022 stronger than expected. By some measures, the company had a better year…
Auto giant Stellantis posts record annual profit, announces buyback
An engine undergoes assembly at the Stellantis Dundee Engine Complex on August 18, 2022 in Dundee,…
Bentley to end 12-cylinder engine production in transition to EVs
A staff member checks a Bentayga SUV on the Bentley production line at their factory in…
Tesla Stock Is Down. Steering Wheels Are Not the Reason.
Safety matters a great deal in the automotive market. Safety recalls and investigations, paradoxically, don’t matter…