UBS downgrades Ford, GM stock, expects consumer demand to wane
According to UBS, the largest vehicle manufacturers in the US are likely to face difficult times in the coming months, as consumers continue to face rising inflation and higher ticket...
TSLA358.22014.53%
GM86.160-3.17%
F12.440-0.09%
RIVN13.6100.32%
CYD20.000-0.01%
HMC35.780-0.48%
TM216.190-1.92%
CVNA73.5701.49%
PAG212.3600.16%
LAD308.770-7%
AN184.000-4.12%
GPI261.350-5.15%
ABG202.650-4.38%
SAH61.710-1.09%
TSLA358.22014.53%
GM86.160-3.17%
F12.440-0.09%
RIVN13.6100.32%
CYD20.000-0.01%
HMC35.780-0.48%
TM216.190-1.92%
CVNA73.5701.49%
PAG212.3600.16%
LAD308.770-7%
AN184.000-4.12%
GPI261.350-5.15%
ABG202.650-4.38%
SAH61.710-1.09%
TSLA358.22014.53%
GM86.160-3.17%
F12.440-0.09%
RIVN13.6100.32%
CYD20.000-0.01%
HMC35.780-0.48%
TM216.190-1.92%
CVNA73.5701.49%
PAG212.3600.16%
LAD308.770-7%
AN184.000-4.12%
GPI261.350-5.15%
ABG202.650-4.38%
SAH61.710-1.09%
Headlines
Wholesale used vehicle prices dropped 3% in September — Manheim
Both the Manheim Used Vehicle Value Index and non-seasonally adjusted prices showed a steep decline year-over-year for the month of September.
Wholesale used-vehicle prices decreased by 3.0% from August to September,...
Pepsi first in line for Tesla semi truck deliveries starting in December
Five years after the unveiling of the Tesla semi truck prototype, the company says it's finally ready to deliver the first batch to Pepsico Inc.
In a tweet, Tesla CEO Elon...
Polestar reports strong EV deliveries in Q3, confirms full year outlook
Electric vehicle newcomer Polestar has released its global volumes report for the third quarter, saying it delivered approximately 9,215 vehicles during Q3. That brings the company's total deliveries for the...
More car buyers are signing up to pay $1,000+ a month for their loans
Research shows that many car buyers are taking home monthly loan payments of $1,000 or more.
According to Edmunds, 14.3% of buyers who financed a new vehicle in the third quarter...
US economy added 263,000 jobs in September, unemployment falls to 3.5%
The Labor Department released new unemployment numbers for the month of September, showing that job growth fell short of expectations despite hopes that a rate jump from the Federal Reserve...
2023 Toyota Crown plug-in hybrid variant will be sold in the US
American buyers interested in getting their hands on one of Toyota's upcoming Crown PHEVs will be happy to hear that the hybrid is coming to US shores. The 2023 Crown,...
Ford hikes F-150 Lightning base price for the second time
Ford Motor Company has raised the entry-level price of the F-150 Lightning by another $5,000, the second price increase for the vehicle in the last two months. The company previously...
Toyota restarts bZ4X EV production and sales after safety recall
After three months of delays, Toyota says it will restart production on its first electric vehicle, the bZ4X, on Thursday after fixing potential safety problems that led to a recall...
OPEC slashes oil output, Biden ‘disappointed by shortsighted decision’
At its first face-to-face meeting since 2020, OPEC and non-OPEC allies agreed to impose deep cuts to oil output in the hopes that plummeting crude oil prices will recover. The...
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