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Robotics company Boston Dynamics, born at MIT and acquired by Google then SoftBank ([[SFTBF]],[[SFTBY]]) created the dog-like robot Spot, which helped the company attract YouTube views but not a profit.Bloomberg sources say SoftBank is looking to sell Boston Dynamics to Hyundai ([[HYMLF]...
Hyundai (HYMLF) reports October sales in the U.S. rose 1% to 57,395 units.Retail sales up 10%, fleet sales down 45% and represented only 9% of total volume.SUV retail sales grew 23%.Nexo +118%, Palisade +73%, Kona retail sales +32%, Sonata +20% and Santa Fe retai...
Hyundai Canada (HYMLF) reports sales growth of 5% to 12,239 units in October. "Hyundai is leading the charge by continuing to increase our sales volume and showing improvements in market share each month," said Ken Maisonville, Director of National Sales at Hyundai Canada. "We are starti...
Record global electric car sales for Sept. 2020, up 91% YoY, with 4.9% market share (3.4% YTD). Europe sales surged 166% YoY reaching 12% share, China sales rise 66% YoY. EV market news - New Jersey follows California in banning gas car sales by 2035. China sets sights on global EV do...
Valeo shares sold off after third quarter sales numbers that disappointed the market, including the first quarter since Q1'18 where Valeo didn't outperform underlying light vehicle production. Valeo continues to see content wins in 48V and ADAS, and the mix issues that hit third quart...
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Hyundai Motor (HYMLF): Q3 Net loss of KRW188.8B, driven primarily by charges the company was forced to take due to an ongoing issue with its engines.Revenue of KRW27.58T (+2.3% Y/Y).Global sales volume decreased 9.6% Y/Y to 997,842 units.Press Release For further details see: Hyundai Mo...
During the third quarter of 2020, the Kinsman Oak Equity Fund returned 1.2% net of fees versus 8.5% for the S&P 500 Index. (Inception date of the Kinsman Oak Equity Fund was Q2 2020). Once again, cash drag weighed down investment returns for the quarter. The Fund did not have any ...
It is never too early to talk about flying car stock plays. Morgan Stanley is highlighting one today, with a new note on urban air mobility startup Lilium, whose primary product is a passenger air vehicle that is said to use the company's proprietary DEVTC technology and design to significant...
British electric vehicle startup Arrival discloses that it brought in $118M through investments by BlackRock (BLK). The maker of electric commercial vans and buses previously raised from $111M Hyundai Motor (HYMLF) and sister company Kia Motors (KIMTF), as well as an undisclosed amount from U...
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New York City, NY: April 09, 2020 – Recent Research and Future Market Potential of Automotive Adaptive Headlight Market in Global Industry: 2020 Research and New Innovations in Automotive Sector. The prime objective of the report is to offer updates and information related to future op...
New York City, NY:March 25, 2020 – Published via (Wired Release) – Recent Research and Future Market Potential of Alternative Fuel Vehicles Market in Global Industry: 2020 Research and New Innovations in Automotive Sector. The prime objective of the report is to offer updates and...
Electric vehicles (EVs) have been the next big thing in transportation for nearly a decade, but they're still a bit player in the auto market. According to a report by McKinsey & Company, despite 63% year-over-year growth, EVs were just 2.2% of the global auto market in 2018. In 2020,...