Toyota dealers are low on cars. All the same, more American car shoppers consider a Toyota TM, +1.95% than any other brand. Fully 35% of American car shoppers looked closely Read more
Tag: Motor Vehicles
Tesla finds a loophole in states where dealerships are forbidden: Tribal lands
Tesla gets a lot of credit for revolutionizing the auto industry, but drivers and industry insiders see different revolutions. The hidden one is ongoing, and the now-Texas-based electric carmaker has Read more
Tesla stock set to lose more than 8% this week as CEO Elon Musk completes another roller coaster week at Twitter
Tesla Inc. stock is looking at an 8% loss for the week, underperforming the broader stock market and auto peers as Chief Executive Elon Musk finished another roller-coaster week at Read more
Rivian shows ‘improvement’ but Wall Street remains cautious on the stock
Wall Street cheered “signs of improvement” for Rivian Automotive Inc., but remained cautious about the stock on worries that the electric-vehicle maker still faces a steep production ramp. Rivian RIVN, Read more
Citi says investors have up to six weeks to keep squeezing the bears after the inflation surprise
Well, that was something. Inflation came in a bit below forecast, and then the rockets came out — the best one-day percentage rise for the S&P 500 SPX since April Read more
5 ways to offset unexpected car repair costs
You went in for an oil change. You left with an itemized bill as long as your arm. Costly services are a reality for many car owners, especially for those Read more
Daimler Truck sees higher revenue, boosted by strong sales, price increases
Daimler Truck Holding AG on Friday said revenue increased in the third quarter, boosted by strong vehicle sales and higher prices. The German commercial-vehicles maker DTG, +2.52% said revenue rose Read more
NIO shares soar in Hong Kong despite earnings miss
NIO Inc. 9866, +13.22% shares soared in Hong Kong, tracking Wall Street gains overnight as slower-than-expected U.S. inflation buoyed markets and helped investors shrug off the Chinese electric-car maker’s earnings Read more
Mazda Motor shares soar after guidance boost
Mazda Motor Corp. 7261, +7.99% shares rose sharply Friday morning after the Japanese auto maker boosted its full-year earnings guidance following strong quarterly results on higher shipment and selling prices. Read more
Opinion: Opinion: Global cooperation is not necessary to fight climate change
PROVIDENCE, R.I. (Project Syndicate)—This week’s United Nations Climate Change Conference (COP27) in Egypt highlights the growing consensus that multilateral cooperation is necessary to avert environmental catastrophe. But with geopolitical tensions Read more