Rivian Automotive RIVN registered record battery electric vehicle (BEV) production and delivery numbers in the third quarter. The automaker produced 16,304 units, representing an uptick of 121% from the year-ago quarter. The compa
General Motors said on Thursday it had made a counter offer to the United Auto Workers (UAW) in a bid to end a strike by the union against the U.S. automaker.
U.S. National Highway Traffic Safety Administration (NHTSA) officials on Thursday told a public hearing the government should require the recall of 52 million air bag inflators produced by auto suppliers ARC Automotive and Delphi Automotive because they may rupture and send metal fragments flying.
Investors in Ford Motor Co. (Symbol: F) saw new options begin trading today, for the November 24th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the F options chain for the new November 24th contracts and identified one put and one call c
The number of Americans filing new claims for unemployment benefits rose moderately last week, while layoffs declined in September, pointing to still-tight labor market conditions at the end of the third quarter.
The ongoing strike by the United Auto Workers (UAW) union continues to draw attention as it enters its 21st day. The UAW had initiated an unprecedented simultaneous strike against the Detroit 3 automakers — General Motors GM, Ford
The number of Americans filing new claims for unemployment benefits rose moderately last week, while layoffs declined in September, pointing to still-tight labor market conditions.
What happened
Shares of power semiconductor stocks crucial to the growth of electric vehicles, such as Aehr Test Systems (NASDAQ: AEHR), Axcelis Technologies (NASDAQ: ACLS), and Wolfspeed (NYSE: WOLF), all had tough months in September. The aforementioned stocks were down 10.4%,
The three China-based smart electric vehicle (EV) companies, NIO Inc. NIO, XPeng Inc. XPEV and Li Auto LI, recently announced the respective delivery updates for September and third-quarter 2023.NIO delivered 15,641 vehicles in Se
U.S. stocks ended higher and the Nasdaq gained more than 1%
on Wednesday, a day after a sell-off, as the latest economic
data showed U.S. private payrolls increased less than expected
in September.
Major U.S. stock indexes ended higher on Wednesday, a day
after selling off, as the latest economic data showed U.S.
private payrolls increased less than expected in September.
The S&P 500 and Nasdaq edged higher on Wednesday, a day after a sell-off, as the latest economic data showed U.S. private payrolls increased less than expected in September.
Investors interested in stocks from the Automotive - Domestic sector have probably already heard of Ford Motor Company (F) and Tesla (TSLA). But which of these two stocks is more attractive to value investors? We'll need to take a
General Motors on Wednesday secured a new $6 billion line of credit and estimated that the cost of the United Auto Workers strike was $200 million during the third quarter, a company spokesman said.
Shares of Tesla TSLA dropped 2% yesterday following its third-quarter 2023 production and delivery results. After reporting record deliveries for the first two quarters of 2023, Tesla witnessed a sequential fall in its deliveries
(RTTNews) - Ford Motor Company (F) reported that its third quarter U.S. total sales were 500,504 vehicles, an increase of 7.7 percent from last year. EV sales were up 14.8 percent to 20,962 vehicles. The company noted that much of this gain came on strong Mustang Mach-E sales, wh
Ford Motor on Wednesday posted a near 8% rise in U.S. auto sales for the third-quarter, driven by continued demand for crossover SUVs and pickup trucks.
Exchange-traded funds tracking automakers saw net outflows last month on worries over the United Auto Workers' (UAW) strike against the "Detroit Three" and higher interest rates.
Reuters
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