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Automobile
2 EV Stocks To Explore: Nio, XPeng
May 31, 2021 12:06 AM PDT| By Kiran MuraliStocks of electric vehicle (EV) makers have been on the investor’s radar for some time. The market is rapidly expanding, with major economies planning to phase out combustion engines soon. The global electric vehicle market has continued its .....
Lordstown Motors, Nikola Stock Down More Than 50% Since Listing
May 25, 2021 03:31 PM PDT| By Kiran MuraliSummary Lordstown Motors stock fell as much as 18 percent on Tuesday after the company said it would limit production of electric pickup truck Endurance. Nikola granted performance-based stock awards totaling US$566.7 million to its five execut.....
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Why Ford’s Stock Surged 7.4% On Friday?
May 21, 2021 08:16 PM PDT| By Kiran MuraliSummary Ford partnered with SK Innovation for a battery joint venture in the U.S. The will jointly produce battery cells and components for Ford EVs. Ford unveiled its news all-electric F-150 pickup truck. Ford Motor Company (NYSE: F) sto.....
Avis Budget, Hertz Stocks Plunge On Tuesday’s Trading
May 04, 2021 01:46 PM PDT| By Team Kalkine MediaSummary Car-rental company Hertz Global received a revised proposal to fund its exit from Chapter 11 bankruptcy. New Jersey-based Avis Budget reported a net loss for the first quarter of 2021. Car-rental companies Avis Budget Group, Inc. (.....
3 Growing Auto Dealer Stocks On NYSE To Explore
April 28, 2021 06:18 PM PDT| By Team Kalkine MediaSummary Shares of CarMax has grown 42 percent this year and rallied its 52 weeks high in March. AutoNation’s stock gained 46 percent year to date while its revenue rose 27 percent in the first quarter. Share of Michigan-based automotive .....
Why This Hot Stock is Worth Every Penny?
April 10, 2021 01:54 PM PDT| By Team Kalkine MediaSource: Nadezda Murmakova, Shutterstock This hot stock will continue to be a top choice among investors in the near future. Given its enviable market lead and a string of ambitious projects on its sleeves, this stock is destined to lead from th...
Toyota, Honda, Samsung To Halt US Production As Supplies Dwindle
March 17, 2021 07:18 PM PDT| By Team Kalkine MediaSource: Scharfsinn, Shutterstock Summary Most firms were reportedly relying on old stocks to maintain their limited production levels. Toyota, Honda, Samsung face severe shortage of components which may affect business. Samsung’s T...
