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Global electric car sales records for November 2020 up 133% YoY reaching 5.9% share. Europe sales up 198% YoY reaching 16% share, China sales rose 138% YoY reaching 8.6% share. EV market news - Goldman Sachs believes EV adoption is accelerating. Apple reportedly plans to launch an ele...
Frank B. Rhodes, Jr., the great-grandson of Chrysler Corp. founder Walter P. Chrysler and client of Titan Global Advisors, proposes to Fiat Chrysler Automobiles ([[FCAU]] +0.7%) an alternative to the merger with Peugeot (PUGOY).FCAU stockholders are set to vote on the Peugeot ...
Fiat Chrysler Automobiles (FCAU) and Peugeot S.A. ([[PEUGF]], [[PUGOY]]) landed gained antitrust approval from the European Union for their $38B merger after making a series of concessions to address competition concerns, including pledging PSA extend its small van agreement with Toyota, as w...
Morgan Stanley analyst Adam Jonas wrote in a note to clients on Friday that global EV sales will grow 50% or more next year, while sales of internal combustion engine vehicles are expected to grow 2% to 5%. He also predicted that global EV penetration will rise from 4% to 31% by 2030. ...
We are nearing the eve of the completion of perhaps the largest automotive merger of all time: FCA-Peugeot, a dual European headquarters affair. FCA makes almost all of its profit from its distinctly North American iconic products, however, Jeep and RAM in particular. With the RAM...
Toyota hybrids are heavily promoted in global markets, while BEVs barely get mentioned. European light vehicle market electrification might have forced Toyota to participate by rebadging a PSA Group BEV. Toyota talks up the new Mirai with Australian release pending. In 1H 2021...
Global electric car sales for Oct. 2020, up 127% YoY (fastest growth in 8yrs) at 4.9% share. Europe sales up 195% YoY reaching 13% share, China sales rose 120% YoY. EV market news - Biden's pro-EV sector policies. UK bans sales of new gas & diesel cars from 2030. USA Zero Emission...
Ford (NYSE: F) and Fiat Chrysler (NYSE: FCAU) reported strong profits as demand rebounded. Not only did Ford crush Wall Street expectations, but Fiat Chrysler also had record earnings. Ford The top and bottom beats were based on a stronger-than-expected demand during the pandemic. A...
France ETF components already facing serious headwinds such as new COVID lockdowns and the prospect of no EU-UK trade deal, are now also confronted with a Muslim boycott. France has little hope of the EU standing up firmly and acting on its behalf in order to counter the boycott movem...
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...
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Amazon (NASDAQ: AMZN) is incredibly diversified and has a hand in many different areas. In this clip from "3 Minute Stocks Updates" on Motley Fool Live , recorded on March 30 , Motley Fool contributors Rachel Warren and Brian Withers discuss Amazon's continually impressive g...
The merger between Fiat Chrysler (NYSE: FCAU) and Peugeot (OTC: PUGOY) has cleared all the necessary corporate steps that the companies needed to complete the deal, which makes the dividend Fiat is paying its shareholders unconditional. Fiat had said it would pay inv...
With bans on new petrol cars on the horizon, 2021 is set to be the busiest year for the automotive industry that is charging ahead towards an electric future. Nio (NYSE: NIO) saw its stock surge 12% on Monday after it reported record monthly, quarterly, and yearly delivery numbers for the e...