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General Motors To Offer Only EVs By 2035
Thursday, January 28, 2021 - 3:58pm | 356Read More...General Motors Company (NYSE: GM) announced Thursday that it plans eliminating all gas- and diesel-powered cars from its lineup by 2035, shifting to electric vehicles. National Focus On Emissions: This announcement by the country's largest automaker, commanding a 17%...
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Chasing Tesla, Major Tech Companies Team With Automakers To Enter EV Space
Tuesday, January 19, 2021 - 6:11pm | 583Read More...Major partnerships between big tech and automakers have kicked the electric vehicle race into high gear. This technological convergence across sectors will undoubtedly expedite the production of smart, and eventually autonomous, electric vehicles. What Happened: Microsoft (NASDAQ:...
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Apple Supplier Foxconn, Geely Partner On Automotive Contract Manufacturing Services
Wednesday, January 13, 2021 - 1:38pm | 421Read More...Apple Inc (NASDAQ: AAPL) supplier Hon Hai Precision Industry Co., Ltd.-ADR (OTC: HNHPF), popularly known as Foxconn, and Geely Automobile Holdings Ltd. (Pink: GELYF) announced Wednesday a cooperative agreement to set up a 50-50 joint venture to provide OEM production and comprehensive,...
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AutoZone Is A DIY Winner, Jefferies Says In Upgrade
Friday, December 11, 2020 - 3:58pm | 406Read More...Auto parts and accessories retailer AutoZone, Inc. (NYSE: AZO) can count on significant do-it-yourself sales while working on growing long-term sales in the do-it-for-me category, according to Jefferies. The AutoZone Analyst: Bret Jordan upgraded AutoZone from Hold to Buy with a price target...
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BofA Cautions Auto Investors After 'Too Fast And Furious Recovery'
Tuesday, November 17, 2020 - 4:04pm | 457Read More...Companies within the auto value chain reported "very good" third-quarter earnings, but the "too fast and furious recovery" implies investors should be more selective in their stock picking, according to BofA Securities. The Auto Analyst: John Murphy made the following rating...
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China's Nio Steamrolls Past GM's Market Cap, Becoming 7th Most Valuable Automaker
Thursday, November 5, 2020 - 4:16pm | 591Read More...Chinese electric vehicle startup Nio Inc – ADR (NYSE: NIO) has mounted an 800%-plus stock rally year-to-date, and its market capitalization now sits among the most storied names in the automotive industry. Nio Pushes Ahead: The gains have catapulted Nio's...
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Stephen Weiss Weighs In On Ford
Thursday, October 29, 2020 - 4:44pm | 135Read More...On CNBC's "Fast Money Halftime Report," Stephen Weiss spoke about Ford Motor Company (NYSE: F). He would own it because there is still a tightness in the channel which allows Ford to forgo incentives, he said. The company narrowed its production lines to the most profitable ones,...
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Wall Street Reacts To Ford's Strong Q3: 'Investors Are Getting Excited'
Thursday, October 29, 2020 - 11:44am | 606Read More...Automaker Ford Motor Company (NYSE: F) reported Wednesday with strong third-quarter results that were highlighted by a return to profitability. Here's how three Street analysts reacted to the print. The Ford Analysts Benchmark analyst Michael Ward maintains an Overweight rating on Ford...
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Which US Auto Stock Will Grow The Most By 2025?
Wednesday, October 21, 2020 - 8:35am | 641Read More...Every week, Benzinga conducts a sentiment survey to find out what traders are most excited about, interested in or thinking about as they manage and build their personal portfolios via stocks, options and forex trading. This week we asked over 400 Benzinga investors and traders which American...
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GMC Electric Hummer Picture Leaks Before Unveil
Tuesday, October 20, 2020 - 2:51pm | 263Read More...General Motors Company (NYSE: GM) is set to unveil the all-new fully electric Hummer Tuesday at 8 p.m. EST. The pickup truck-styled vehicle is set to go head-to-head with Tesla Inc's (NASDAQ: TSLA) Cybertruck. A low-quality picture has leaked early, posted by a user on...
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GM's Detroit Assembly Plant Goes All-Electric In Rebranding As Factory Zero
Friday, October 16, 2020 - 4:29pm | 224Read More...General Motors Company (NYSE: GM) said Friday that its Detroit-Hamtramck Assembly Center will now be known as Factory ZERO and reconfigured to an all-electric vehicle assembly plant. The "ZERO" is a nod to GM's goal of a zero-crashes, zero-emissions and zero-...
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Ford Has Momentum Heading Into 2021, Benchmark Says In Upgrade
Monday, October 12, 2020 - 12:16pm | 286Read More...Ford Motor Company's (NYSE: F) new management team and prospects of better-than-expected third-quarter earnings offer near-term catalysts for the stock, according to Benchmark. The Ford Motor Analyst: Michael Ward upgraded Ford Motor Co. from Hold to Buy and established a $10...
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EXCLUSIVE: ElectraMeccanica's CEO On US Assembly Plans, Tesla, Driving SOLO
Wednesday, September 30, 2020 - 5:30pm | 954Read More...The landscape of electric vehicles has changed dramatically. At the turn of the century, electric vehicles seemed like a thing of the future, but earlier this year, Tesla Inc (NASDAQ: TSLA) surpassed Toyota Motor Corp (NYSE: TM) as the most valuable car company in the world. Adding...
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Carvana, Vroom Rally On Goldman Sachs Upgrade: The Bull Case For Auto E-Commerce
Tuesday, September 22, 2020 - 12:02pm | 476Read More...Auto stocks have been among the most volatile in the market in 2020. One Wall Street analyst upgraded online auto retailers Vroom Inc (NASDAQ: VRM) and Carvana Co (NYSE: CVNA) on Tuesday following sharp September pullbacks. The Vroom, Carvana Analyst: Goldman Sachs analyst Daniel Powell...
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GM To Produce In-House EV Drive, Motor System: What You Should Know
Wednesday, September 16, 2020 - 10:49am | 242Read More...General Motors Company (NYSE: GM) is planning to produce its own line of EV motors, taking a page out of Tesla Inc's (NASDAQ: TSLA) vertically integrated book. This move should help GM become more efficient and give the Detroit automaker more control over its product line. A...















