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Summary The shortage of automobiles available to retail customers - triggered by pandemic and semiconductor shortage - has resulted in shoppers walking away from their favored brands in record numbers. New vehicle registration data indicate that household loyalties at four strata ...
Summary No one comes close to the Volkswagen Group for battery electric vehicle sales in Germany. Volkswagen Group anticipates a constantly growing battery electric volume in the second half of 2022. After the Porsche IPO, they are well set up financially to fund their electro...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips While going after discounted equities merely for the psychologically satisfying numerical profile often leads to unpleasant results, on occasion, certain inexpensive ideas such as under $20 stocks to buy can be a great deal...
Volkswagen ( OTCPK:VWAGY ) ( OTCPK:VWAPY ) is reportedly planning a €1B investment in a joint venture in China for software production, Reuters said on Thursday citing sources with knowledge of the matter. One person close to negotiations said an official announceme...
Summary Global electric car sales August 2022 - Up 60% YoY to 15% share. China sales up 92% YoY to 30% share. Europe up 3% YoY to 21% share. US ~6% share. EV market news - BloombergNEF: More than half of US car sales will be electric by 2030. IEA: Global "EVs to account for 60% of...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips This should be an interesting end to the year for auto stocks. First, you’ve got the White House shifting into high gear on President Joe Biden’s push into electric vehicles. Biden announced approval of the ...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Intel (NASDAQ: INTC ) officially filed for the long-anticipated, greatly delayed Mobileye IPO late on Friday. INTC stock is climbing about 1% in pre-market trading in the wake of the news. Mobileye develops componen...
Summary I have previously been bearish on Tesla due to valuation concerns, but I am gradually changing my mind towards a more bullish consideration. First, I note that Tesla is ramping up deliveries at an incredible pace, breaking record after record. Second, despite the risk-...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Volkswagen AG (OTCMKTS: VWAGY ) announced earlier this month that it will spin off shares of Porsche in an Initial Public Offering ( IPO ). An IPO is when a private corporation offers shares of a stock...
Summary DBGR has invested 76 percent of its total funds in stocks of well-known German companies, most of which had disappointing price performance. DBGR pays semi-annual dividends and has reduced its payout during the past 5 years, and thus generated an average yield of just 2 pe...
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2024-07-25 04:53:00 ET While share prices of Rivian (NASDAQ: RIVN) remain down on the year, a spate of good news has helped the stock solidly rally off its lows. The stock is still down over 25% on the year, but its price has now more than doubled from its recent lows. With Rivi...