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Ford’s ( NYSE:F )–2.43% October sales release perfectly illustrates what’s going on in the broader car business: Electric vehicles are hot, and supply-chain snarls continue to constrain global car production while adding volatility to the results of all automakers...
In October, U.S. sales decreased 10% year over year to 158,327 vehicles, according to Ford Motor Company ( NYSE:F ). Retail sales during the month fell 18.6% year over year. Retail truck sales declined 21% year-on-year, and truck sales overall dropped 7.7% year-on-year...
On Tuesday, NIO (NIO stock) said that the number of vehicles delivered in October was 10,059. That is a decrease from September’s delivery total of 10,878. Investors are getting a little anxious about the demand for electric vehicles in China due to price reductions and slo...
The Tesla stock price is possible to go up more after the release of the Cyber track. Hundreds of thousands of prospective car purchasers are currently lined up in anticipation of the release of the Tesla pickup truck, the Cybertruck; however, they will need to continue waiting in line. ...
Ford stock was slightly down on Tuesday in spite of the $260 million new global technology and business center for Ford Motor Company ( NYSE:F ) having been formally inaugurated . The largest engineering center in Mexico as well as business operations and activities in...
At the start of trading on Tuesday, the futures showed a big rise as investors got ready for the Federal Reserve’s rate announcement the next day. The following are a few stocks to watch when trading begins: Stocks to watch In premarket trading, Uber ( NYSE:...
Ortho delivers technicians specs in seconds in an intuitive, portable, hands-free solution Las Vegas, NV - ( NewMediaWire ) - November 01, 2022 - Today at the 2022 Automotive Aftermarket Products Expo (AAPEX) RAIN Technology Inc. announced the public launch of “Ortho, ...
General Motors ( NYSE:GM ) The United Auto Workers have taken issue with the joint venture between General Motors ( NYSE:GM ) and the South Korean technology business LG Energy. The partnership is called Ultium Cells. On Monday, the ...
Business Insider says that Nikola ( NASDAQ:NKLA ) is letting people go while it restructures Romeo Power to save money. According to a Friday claim from the site, 15% of Romeo Power’s entire staff has been let go by the electric-truck maker. According to the report,...
During a challenging period for general electric car companies, Wedbush Securities defended its optimistic outlook on Rivian Automotive ( NASDAQ:RIVN ). With the R1T and R1S now on the road and competing with GM’s brand-new Hummer and Ford’s F-150 lightning, analyst Dan ...
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CALGARY, Alberta, June 21, 2024 (GLOBE NEWSWIRE) -- Carbeeza Inc. (" Carbeeza " or the " Company ") (TSXV:AUTO) (OTCQB: CRBAF) announces today that it has received a Statement of Claim filed by Northern Micro Inc. and IDX Systems Corp. in the amount of approximately $2,175,000, claime...
CALGARY, Alberta, Feb. 01, 2023 (GLOBE NEWSWIRE) -- Carbeeza Inc. (the "Company"; TSX.V: AUTO) is pleased to announce that the Company has officially started onboarding of franchise dealerships in the Yukon. Onboarding of the Yukon demonstrates Carbeeza’s continued growth across Cana...
Tesla Stock ( NASDAQ:TSLA ) Tesla, Inc. ( NASDAQ:TSLA ) announced on January 12 that the prices of four of its car models would be going down. The announcement comes after a time when people in its home country bought fewer of its cars and when competition from traditi...