BMW and Stellantis became the latest major carmakers to warn on Tuesday that the global semiconductor chip shortage that has bedeviled the industry this year will drag on throughout 2021 and beyond, hitting production and sales.
The First Trust Lunt U.S. Factor Rotation ETF is seeing unusually high volume in afternoon trading Monday, with over 778,000 shares traded versus three month average volume of about 47,000. Shares of FCTR were up about 0.6% on the day.
India's biennial car show scheduled to be held in February has been postponed due to the COVID-19 pandemic and the looming threat of a third wave of infections, the Society of Indian Automobile Manufacturers (SIAM) said on Monday.
Unfortunately, investing is risky - companies can and do go bankrupt. But when you pick a company that is really flourishing, you can make more than 100%. For example, the Ford Motor Company (NYSE:F) share price has soared 111% return in just a single year. It's also good t
Electric vehicles are all the rage, both on Wall Street and among drivers. Consumers are warming to electric vehicles in record numbers, causing investors to buy into both start-ups and well-established incumbents supplying the vehicles and the accessories needed.
Amazon.com Inc-backed electric vehicle start-up Rivian Automotive is in talks with ministers about building a factory in the UK that could include a big state support package, Sky News reported on Saturday.
Volkswagen's top three brands on Friday pointed to an ongoing shortage of automotive chips that could intensify in the coming months, highlighting the industry's difficulty in tackling the issue.
Are These The Best EV Stocks To Buy Before Next Month? As investors look for the next big industry in the stock market, electric vehicle (EV) stocks come to mind easily. After all, investors would be looking towards long-term growth, and the EV industry seems to fit this category
U.S. stocks ended higher on Thursday, boosted by robust U.S. earnings and forecasts, while data showed the economy recovered to pre-pandemic levels in the second quarter.
U.S. stocks ended higher on Thursday, boosted by robust U.S. earnings and forecasts, while data showed the economy recovered to pre-pandemic levels in the second quarter.
U.S. shares bounded to record highs on Thursday helped by strong company earnings and solid economic growth data, though the Federal Reserve's message earlier this week that it is in no hurry to taper stimulus pinned the dollar at a one-month low.
U.S. stocks ended higher on Thursday, boosted by robust U.S. earnings and forecasts, while data showed the U.S. economy was above its pre-pandemic level.
The S&P 500 and the Dow rose to record highs on Thursday, boosted by robust U.S. earnings and forecasts, while data showed the U.S. economy was above its pre-pandemic level.
Strong company earnings and solid economic growth data hoisted U.S. shares to record highs on Thursday, though the Federal Reserve's message earlier this week that it was in no hurry to taper stimulus pinned the dollar at a one-month low.
The White House has told U.S. automakers it wants them to back a voluntary target of at least 40% of new vehicles sales being electric by 2030 as it works to reduce greenhouse gas pollution, sources briefed on the matter said.
Ford Motor Company (NYSE: F) reported second-quarter earnings on Wednesday afternoon that trounced Wall Street's estimates -- and raised its guidance for the full year -- as strong pricing for both new and off-lease vehicles helped offset production disruptions caused by a global
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Shares of Ford Motor Company (NYSE: F) were moving higher on Thursday after the automaker reported earnings that crushed Wall Street estimates and raised its guidance for the full year.
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