Automotive

Automotive And Apparel Companies 'Absorbed Tariff Costs' Amid Better Than Expected May CPI Print: 'But Don't Expect That To Continue,' Says Expert

General Motors CEO Delays Earnings Call, Margins Weaken As Tariff Uncertainty Remains

Dow Downgraded: Analyst Blames 'Perfect Storm' Of Weak Macro, High Costs, Trade Barriers

General Motors CEO Delays Earnings Call, Margins Weaken As Tariff Uncertainty Remains

Dow Downgraded: Analyst Blames 'Perfect Storm' Of Weak Macro, High Costs, Trade Barriers

CarMax Accelerates Used Car Sales Growth, Despite Earnings Miss

Chicken Tax 2.0: Bank Of America Flags 3 Million Sales At Risk After Auto Tariffs

CarMax Accelerates Used Car Sales Growth, Despite Earnings Miss

Chicken Tax 2.0: Bank Of America Flags 3 Million Sales At Risk After Auto Tariffs

Volkswagen's Crisis Is The Reflection Of Europe's Automotive Struggles

US Port Strike In October Could Lead To Major Supply-Chain Disruptions, Says Container Trade Expert

Automotive Recent News

GM And Hyundai Join Forces To Boost Competitiveness And Improve Efficiency

On Thursday, General Motors (NYSE: GM) and Hyundai Motor Company (OTC: HYMTF) announced that they signed a memorandum to explore joint product development, manufacturing, and clean energy technologies. Together, they will try to find ways to leverag

What's Next for Mobility? Benzinga's Next Virtual Event Tackles The Future Of Automation

On Sept. 5, Benzinga's AutoRevolution: The Future of Mobility and EVs, sponsored by Dragonfly, will bring together top industry voices.

Growing Ecarx Tries, But Struggles, To Drive Away From Geely

Key Takeaways: Ecarx’s revenue grew 31% in the second quarter, apparently driven by sales to brands owned by its controlling shareholder Geely The company’s heavy reliance on Geely and its subsidiaries leaves it vulnerable if ties between the two weaken By Warren Yang

Rivian And Lucid Show That Wealthy Backers Are The Only Chance For Survival Of EV-Only Companies

The latest earnings reports from Rivian Automotive (NASDAQ: RIVN) and Lucid Group Inc (NASDAQ: LCID) made two things clear. The first is that pure play EV makers are continuing to struggle, burning a ton of cash along the way.

Trading Insight: ORLY Generates Power Inflow, Stock Price Rises Throughout The Session Finishing Higher At Market Close For 2nd Day In A Row

Car Dealership Data Provider Suffers Cyber Incident, Actively Investigates

Car dealership companies utilizing CDK Global tech confirmed a cyber incident that observers noted could put customer data at risk.

What's Happening With Ford's Shares On Thursday?

Ford Motor Co (NYSE: F) is facing a downturn in shares after announcing up to 1,600 job cuts at its Valencia, Spain plant, building on last year's reduction of 1,100 positions. This move is part of Ford's strategic realignment in Europe.

Tesla Provides Great Risk Reward For Long Term Investors At This Technical Level

Tesla (NASDAQ: TSLA) is gaining momentum with a strong outlook, despite concerns about slower growth in 2024. At current levels, the stock offers a compelling risk-reward ratio, especially since it's trading over 60% below its all-time highs, suggesting much of the slowdown is already priced in.

Ford Plant Faces Strike As UAW Rallies Workers To Resolve Demands

The Detroit union on Friday confirmed that nearly 9,000 UAW autoworkers may strike at a Ford truck plant — the company's largest.

Stellantis Delivered Record Financials Despite Getting Bitten By The UAW Strike

Despite the hit made by the six weeks-long UAW strike, Stellantis N.V. (NYSE: STLA) reported otherwise strong earnings for the full year. But the global auto giant reported a profit drop during the second half of 2023 due to halted production.

Tesla's Cybertruck A Force Despite Ford, Rivian Buzz: Global Automotive Survey Reveals Electric Vehicle Trends

JP.Morgan's survey shows Tesla's strong position in the EV market, with growing competition from Chinese brands. Tesla's Cybertruck also stands out in the US market. As the industry shifts towards EVs, Tesla remains a key player, shaping consumer preferences.

GM's Cruise, AV Industry Under Scrutiny In California As Driverless Vehicle Reps Attend Hearing

On Oct. 2, a Cruise AV hit a pedestrian who was thrown into its path by another vehicle. The AV then dragged the pedestrian 20 feet.

Ford Q4 Earnings Preview: Earnings Estimates, Analysts Concerns, Electric Vehicles, UAW Strike Impact In Focus

A look at key analyst estimates and items to watch for Ford stock ahead of fourth quarter financial results.

Tesla 'Erred' With This Move, Bull Analyst Says As He Reduces Expectations For EV Stock

Tesla shares have been on a lean run since July 2023 and an analyst says the company has endangered fundamentals with its product missteps.

Analyst Says Tesla Could Incorporate In Texas After Judge's Ruling On Musk Compensation: 'They Started It, We Will Finish It'

A leading Tesla analyst said the company will likely change its incorporation from Delaware to Texas and has an opportunity to increase Musk's ownership stake.

Tesla Stock Just Made A Death Cross As Market Sentiments Shift

A death cross is interpreted as a sign of weakening momentum. In other words, it's a signal that the Tesla upward trend may be reversing.

Rivian Faces Technical Headwinds As Death Cross Looms In Stock Chart

Rivian's stock faces challenges as it navigates a competitive EV market and a potential death cross on the stock chart, signaling possible declines.

Li Auto Leads NIO And XPeng In January 2024 EV Deliveries

NIO, XPeng, and Li Auto have disclosed their EV delivery figures. Here's a breakdown of what each company offers.

Hyundai Workers In Alabama Join UAW Amid Unionization Drive

The UAW has successfully recruited 30% of the workforce at the Alabama Hyundai plant, reported The Hill on Thursday.

General Motors Stock Forms Golden Cross With Q4 Earnings Beat; Driven By Profits, Cost Efficiency, 6 EV Debuts

GM stock made a Golden Cross on earnings beat, signaling upward momentum. GM closed FY23 strongly and plans to launch 6 new EV models.

Tesla CEO Elon Musk's Compensation In Limbo After Judge Voids $55-Billion Plan: 'Never Incorporate Your Company In Delaware' (UPDATED)

A judge voided a 2018 compensation plan for Tesla CEO Elon Musk on Tuesday, which could change the billionaire's wealth.

How Much Is A Cybertruck Worth To Used Car Buyer CarMax? YouTuber Shares Surprising Results

Given the huge demand for the Cybertruck early models, a YouTuber tested how much the vehicle would sell for with CarMax.

GM Reignites Street Confidence In 'Key Quarter' For Automaker

Following GM's better-than-expected fourth-quarter financial results, Wedbush analyst Dan Ives kept an Overweight rating on the stock, noting that he anticipates renewed Street confidence moving forward.

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