The Latest Breaking News from Auto Vehicle Manufacturers

Last week, Walmart signed a definitive agreement with Canoo (GOEV) to buy 4,500 all-electric delivery vehicles, leading to a surge in its stock price. However, GOEV has had a track record of not reporting any revenue and has failed to start the mass production of vehicles. So, will it be…

EV-maker NIO Inc. (NIO) was buoyed last week as China’s Commerce Ministry outlined its plan to support the EV market growth in the country. However, with resurging COVID cases, will it be wise to invest in the stock now? Read on to find out….

The stock market has witnessed a sharp decline since the beginning of the year due to geopolitical uncertainties and macroeconomic headwinds. Amid the concerns surrounding a potential recession, Arcimoto (FUV), Beyond Meat (BYND), and Nikola (NKLA) possess a significant short interest, implying bearish sentiment surrounding them. Moreover, these stocks are…

One of the world’s largest automobile companies Volkswagen AG (VWAGY), has ambitious plans to be a major electric vehicle (EV) manufacturer and is investing significantly in expanding and improving its EV capabilities. Given its robust financials, discounted valuation, and higher-than-industry profitability, it could be wise to invest in the stock…

Auto manufacturers are forced to cut production due to input-related headwinds. However, the shifting focus of Honda Motor Co. (HMC) and Ford (F) on the fast-growing electric vehicle (EV) market should drive their long-term growth. But which of these stocks is a better buy now? Read more to find out….

The stock market is exhibiting dizzying volatility this year amid sky-high inflation and the Federal Reserve’s monetary policy tightening. So, amid the market uncertainties, we think it could be wise to scoop up quality dividend stocks from Telefonaktiebolaget LM Ericsson (ERIC), Signet Jewelers (SIG), Volkswagen (VWAGY), Stellantis (STLA), and Covestro…

The growing demand for electric vehicles and increasing car prices should help automakers profit substantially in the near term. Therefore, we think prominent Japanese automakers Toyota Motor Corporation (TM) and Honda Motor Co., Ltd. (HMC) are worth watching. But which of these two companies’ stocks are the better buy now?…

Shares of the renowned electric vehicle manufacturer Tesla (TSLA) have plunged in price despite the company’s solid financial performance in its last reported quarter. The stock closed its last trading session at less than $800. However, given the company’s in-house cell production, raw material procurement, and supplier diversification initiatives, will…

Given the ongoing market uncertainties owing to the planned rate hikes to control the multi-decade high inflation and rising odds of a recession, it could be wise to avoid Under Armour (UAA), Winnebago Industries (WGO), Thor Industries (THO), The Bank of New York Mellon (BK) and Wipro (WIT), which analysts…