Auto Repossessions Are Soaring A study shows cars are being repossessed at a shockingly high rate through the first half of 2024, exceeding pre-pandemic levels. Motor1 · Jul 22, 2024
The walls are closing in on Tesla: EV makers just took a bite out of its market share, and investor Bill Gross says it's a meme stock now Tesla’s stock rebounded after starting off the year as the worst-performing in the S&P 500. Fortune · Jul 10, 2024
Tesla Needs A Radical Strategy To Turn Around. How About Acting Normal? Tesla's global car deliveries dropped for the second quarter in a row. What would it take to turn things around? InsideEVs · Jul 2, 2024
Long-Range EVs Are Finally Cheaper Than Average Gas Cars Thanks to affordable new models from General Motors, Tesla and Hyundai, price parity with gas cars is no longer a distant dream. InsideEVs · Jun 7, 2024
How Old Is Your Car? Americans Set New Record as Prices Stay High Americans are driving older cars than ever before, a new report shows, as prices for new cars remain high. Kiplinger · May 23, 2024
3 A-Rated Auto Stocks to Diversify Your Portfolio Despite the macroeconomic bumps, the automotive sector has been accelerating at a steady pace. Therefore, it could be beneficial to add some A-rated auto stocks Continental Aktiengesellschaft (CTTAY), Mazda Motor Corp. (MZDAY), and Ituran Location and Control (ITRN) to help diversify your portfolio. Read on…. StockNews.com · May 6, 2024
The cost of buying a used electric car is plummeting—and that’s great news for mass adoption, but bad news if you already bought one EV prices are cheaper than ever, opening the market up for budget buyers but costing EV owners thousands in lost resale value. Fortune · Apr 16, 2024
For Car Companies, It's 'Damned If You, Damned If You Don't' With Investors Plus, car dealers, who never wanted to sell EVs anyway, are extra down on them lately, and Tesla settles a racial discrimination lawsuit. InsideEVs · Mar 18, 2024
New EV Prices Went Down Over $2,000 On Average In February EVs were still $5,000 more expensive on average than the industry ATP, though, so there's still work to be done to make battery-powered cars more affordable. InsideEVs · Mar 12, 2024
4 Auto Stocks With Long-Term Growth Potential Given the rising demand for new vehicles, the significant shift toward electric vehicles and plug-in hybrids, and rapid digitalization, the automotive industry is positioned for robust long-term growth. Thus, fundamentally solid auto stocks Mercedes-Benz (MBGAF), Blue Bird (BLBD), Hyster-Yale Materials (HY), and Standard Motor Products (SMP), with massive growth potential,… StockNews.com · Feb 29, 2024
‘Seismic shift’: driving unaffordable for many in US amid push toward SUVs Luxury vehicles, production cuts and soaring insurance prices have sent the cost of US car ownership out of control The Guardian - US · Jan 29, 2024
2024 Auto Stock Buy or Sell: Nikola (NKLA) vs. Toyota Motor (TM) With sustained demand for new vehicles, rapid shift to electric vehicles (EVs) globally, and ongoing technology trends, the automotive industry is expected to maintain solid momentum in 2024 and beyond. Amid this, let’s find out if you should buy or sell auto stocks Nikola (NKLA) and Toyota Motor (TM). Read… StockNews.com · Jan 12, 2024
Here Are The 20 Best-Selling EVs In The U.S. In 2023 Tesla’s most affordable models, as well as cars from Volkswagen, Rivian, Hyundai, and Ford, saw solid improvements last year. But which EV finished 2023 on top? InsideEVs · Jan 11, 2024
Toyota EV With Solid-State Batteries Coming In A Couple Of Years Plus, there are about 2.7 million new cars at dealer lots across the United States. Motor1 · Jan 11, 2024
InsideEVs · Jan 9, 2024 Tesla Sold More EVs In 2023 In The U.S. Than VW Sold EVs And ICE Cars Combined With a portfolio of all-electric vehicles, Tesla now has more market share than VW, Subaru, or BMW.
Salon · Dec 9, 2023 How to make EV battery repair safer Fixing car and e-bike batteries saves money and resources — but challenges are holding back the industry
Fortune · Nov 22, 2023 Ford CEO Jim Farley slashes plans for new battery cell plant in latest sign the EV sales bonanza may be over Ambitions for the Michigan plant, the first Ford site to make low cost LFP battery cells, have been downsized to balance growth with profitability.
StockNews.com · Nov 22, 2023 3 Auto Stocks to Buy to Defend Your Portfolio With robust demand for new vehicles, a growing transition to EVs globally, and the integration of advanced technology, the auto industry is well-poised for significant growth and expansion. Given the industry tailwinds, it could be wise to invest in fundamentally sound auto stocks Genuine Parts (GPC), Nissan (NSANY), and Miller…
TechRadar · Nov 15, 2023 Electric car sales appear to be slowing, but that isn't the full picture – here’s why New data suggests electric car sales are slowing in the US, but that isn't necessarily the case – and the opposite is happening elsewhere.
Fortune · Oct 17, 2023 Ford forced to cut production shift for its F-150 Lightning as rival Tesla closes in on Cybertruck EV pickup launch One industry watcher warns a “trough of disillusionment” is hanging over the U.S. market for EVs even as more carmakers rush out over a dozen new models.
StockNews.com · Oct 4, 2023 2 Auto Stocks to Buy, 1 to Hold in October The auto industry remains well positioned for growth thanks to the significant decline in inflation since last year’s high and improving supply chains. Strong demand for new vehicles is expected to boost the industry’s prospects. Therefore, one could consider buying fundamentally strong stocks, Wabash National Corporation (WNC) and Blue Bird…
WEKU · Sep 23, 2023 How the UAW strikes could impact car shoppers Historic as the UAW strikes may be, analysts say the actions are unlikely to impact car prices too much — for now. A new strike on parts distribution centers, however, could sting.
InsideEVs · Sep 19, 2023 Average Electric Vehicle Prices Plummet As Oversupply Concerns Grow Analyst predicts that increasing EV inventory and falling prices could have a positive impact on EV adoption in the long run.
StockNews.com · Aug 28, 2023 3 Auto Stocks Setting up for Potential Gains With the pent-up demand for new vehicles, improving inventory levels, and growing transition to EVs worldwide, the automotive industry is well-positioned for robust growth and expansion. Therefore, fundamentally strong auto stocks Stellantis (STLA), Volvo (VLVLY), and Rolls-Royce (RYCEY) could be valuable additions to your portfolio for impressive gains. Keep reading….
The Independent UK · Aug 24, 2023 Looking for a new car under $20,000? Good luck. Your choice has dwindled to just one vehicle Just five years ago, a price-conscious auto shopper in the United States could choose from among a dozen new small cars selling for under $20,000