Ford Motor Company (NYSE: F) announced Monday that it has entered a six-year deal with Google, which will make the search giant responsible for much of Ford's upcoming in-vehicle connectivity. Under the deal, future Ford and Lincoln vehicles — beginning in 2023 — wil
Ford Motor Co will tap into software, artificial intelligence and cloud computing offered by Alphabet Inc's Google to develop new consumer services and modernize internal operations, the companies said on Monday.
NIO Stock Has Been On A Tear, Is It A Buy Now?If you’re looking to buy the best electric vehicle stocks in the stock market today, NIO Inc. (NYSE: NIO) easily tops the list. After notching a new record high of $66.99 in recent weeks, the high-flying stock quietly retreated
At the current price near $60 per share, we believe Penske Automotive Group Inc’s stock (NYSE: PAG) has reached its near term potential. PAG stock has risen 20% since the end of 2019 compared to the S&P 500 which has increased by 16% in the same period. Penske saw rev
The Biden administration is looking to ignite efforts to electrify the automotive industry, pledging to eventually phase out the U.S. government's fleet of gas-powered vehicles in favor of electric vehicles.So far there are few details to go along with that pledge, and it seems c
South Korea's SK Innovation Co Ltd, which owns the country's top refiner SK Energy, said on Friday it will invest 1.3 trillion won ($1.17 billion) at its battery unit in Hungary for a new battery plant in Europe.
The Invesco S&P 500— Equal Weight Consumer Discretionary ETF is seeing unusually high volume in afternoon trading Thursday, with over 278,000 shares traded versus three month average volume of about 45,000. Shares of RCD were up about 1.8% on the day.
The Invesco S&P 500— Equal Weight Consumer Discretionary ETF is seeing unusually high volume in afternoon trading Thursday, with over 278,000 shares traded versus three month average volume of about 45,000. Shares of RCD were up about 1.8% on the day.
Investors in Ford Motor Co. (Symbol: F) saw new options become available today, for the March 12th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the F options chain for the new March 12th contracts and identified one put and one call con
Tesla Reported Its First Full-Year ProfitFollowing an incredible run for Tesla (NASDAQ: TSLA) stock in 2020, expectations were high going into its fourth-quarter earnings report. Enthusiasts of electric vehicle stocks were expecting another quarter of strong profits. They were al
We believe that Daimler’s stock (OTCMKTS: DDAIF) still has a 10% upside once the fear around the pandemic subsides. DDAIF trades at around $72 currently. It has recovered beyond its pre-Covid level. DDAIF stock has gained 32% from the pre-Covid price of $54 seen in Januar
Taiwan Semiconductor Manufacturing Co Ltd (TSMC) is "expediting" auto-related products through its wafer fabs and reallocating wafer capacity, the company said on Thursday, amid a global shortage of auto chips.
Chip supply bottlenecks will impact production at some of Volkswagen's plants in February, the carmaker said on Wednesday, adding it had applied for short-time work at its key Wolfsburg site on some days of the month.
Fiat Chrysler said on Wednesday it will plead guilty to charges it conspired with company executives to make illegal, lavish gifts to United Auto Workers (UAW) leaders and undermined workers' confidence in collective bargaining.
Four major Taiwanese chip makers met the island's economics minister on Wednesday and told her they were willing to prioritise supplies for auto makers amid a global shortage of chips for the industry, the minister said.
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