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Tesla Is No. 1, But This Legacy Automaker Rebounds To Hit No. 2 For EV SUV Sales
Wednesday, September 6, 2023 - 1:19pm | 798Electric vehicle leader Tesla Inc (NASDAQ: TSLA) has dominated the market in the U.S. and many parts of the world. In 2023, the company's Model Y became the bestselling vehicle worldwide in the first quarter of the year. While the Model Y dominated the SUV sector for electric...
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Rivian Seems To Have Resolved Its Biggest Money-Draining Issues
Friday, August 11, 2023 - 9:26am | 742On Tuesday, Rivian Automotive Inc (NASDAQ: RIVN) posted its second quarter results. The Amazon.com Inc (NASDAQ: AMZN)-backed EV maker posted a narrower than expected loss while lifting its production guidance. Rivian shares initially went up nearly 3% after the report, but its...
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Today's News From The EV Land
Thursday, August 10, 2023 - 9:55am | 1000When Tesla Inc (NASDAQ: TSLA) CFO unexpectedly stepped down this week, we got another reminder that things are never dull in the EV land. On Wednesday, Tesla closed its fourth consecutive day of losses as a result. Today, tonneau cover manufacturer Worksport Ltd (NASDAQ: WKSP) announced it will be...
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The Latest EV News
Tuesday, August 8, 2023 - 1:26pm | 693Yesterday, Tesla Inc (NASDAQ: TSLA) abruptly lost its CFO, Zachary Kirkhorn. Lucid Group Inc (NASDAQ: LCID) reported disappointing EV deliveries that led to a lower-than-expected revenue, but its shares still climbed 4.5% in after-hours trading upon the report. Worksport Ltd (NASDAQ: WKSP...
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You Get The Best Of Both Worlds: This Auto Company Channels Miley Cyrus With Truck-SUV Launch
Friday, January 27, 2023 - 4:33pm | 477Consumers who can’t decide between owning an electric SUV or electric pickup truck could soon be in luck thanks to a well-known automotive company. What Happened: The 2022 bestselling vehicles in the United States list was dominated by pickup trucks, taking over the top three spots and...
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Electric Vehicle Company Fisker Denies Bank Guarantees, Short Report Allegations: What Investors Should Know
Friday, December 2, 2022 - 12:06pm | 756Electric vehicle company Fisker Inc (NYSE: FSR) is the subject of a new short report out Thursday. The company issued a response to the short report and plans to further demonstrate against what it said are misleading claims. What Happened: A short report from Fuzzy Panda Research issued...
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Polestar 3 SUV Premiere Coming This Year: What Investors Should Know
Tuesday, June 7, 2022 - 12:31pm | 454An electric vehicle company premiered its first ever SUV on Tuesday morning. Here are the details. What Happened: Swedish electric vehicle company Polestar announced that the premiere of the Polestar 3 SUV will happen in October 2022. The Polestar 3 is the company’s first SUV and comes as the...
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Volkswagen Heats Up China EV Competition As It Begins Deliveries Of ID.4 Crozz SUV
Monday, March 22, 2021 - 1:52am | 445A joint venture between Volkswagen AG (OTC: VWAGY) and China’s state-owned First Automobile Works delivered its first electric sports utility vehicle — the SUV ID.4 Crozz — to 12 customers over the weekend in Shenzhen. What Happened: The SUV, available in five models, ranges...
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Fisker Announces Magna As Partner On $37,499 Ocean SUV Ahead Of SPAC Merger
Thursday, October 15, 2020 - 3:11pm | 354Fisker and Magna International (NYSE: MGA) on Thursday announced a partnership that will see Magna manufacture the Fisker Ocean SUV at its European vehicle assembly facility. Production will start in late 2022. Magna is being issued warrants to purchase up to 6% of Fisker stock following the...
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Volkswagen All-Electric ID.4 SUV Goes Into Production
Friday, August 21, 2020 - 1:15am | 409Volkswagen AG (OTC: VWAGY) announced Thursday it was stepping up its “electric offensive” and producing its first all-electric SUV under its ID brand in Germany. What Happened The compact SUV’s production has commenced at the automaker’s Zwickau plant, which has been...
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GM Unveils 2021 Chevrolet Tahoe And Suburban SUVs
Wednesday, December 11, 2019 - 6:41am | 421General Motors Company (NYSE: GM) on Tuesday has unveiled new versions of its full-size Chevrolet Tahoe SUVs, with advanced technology features. What Happened General Motors revealed the first look of its all-new 2021 Chevrolet Tahoe and Suburban SUVs on Tuesday night in Detroit, according to...
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Pickups, SUVs And CUVs – The Bright Future Of The Specialized Equipment Market
Thursday, November 14, 2019 - 11:17am | 1743Pickups form the largest share of the specialty equipment industry because they are simply a great platform for modification. The Specialized Equipment Market Association (SEMA) rated Ford Motor Company's (NYSE: F) F Series as the most customizable truck and its majesty, Fiat Chrysler...
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Who's The Big Winner From February Auto Sales?
Thursday, March 3, 2016 - 2:38pm | 311UBS recently issued an automotive industry report highlighting their best performing automotive companies after strong February sales. UBS analysts wrote that Ford Motor Company (NYSE: F) was the biggest winner year-over-year. while General Motors Company (NYSE: GM) reported key metrics below...
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2015 Could Be The Best Year Ever For Auto Sales
Wednesday, November 4, 2015 - 2:14pm | 384According to The Detroit News, 2015 auto sales could surpass the all-time record of 17.41 million vehicles set in 2000. Automakers sold 1.46 million new cars and trucks in October – the best monthly performance since 2001. Demand for trucks and SUVs continues to drive sales ahead of holiday...
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Here's What Kelley Blue Book Has To Say About Tesla's Earnings Report
Thursday, February 12, 2015 - 9:32am | 152Speaking to Benzinga, Kelley Blue Book Senior Analyst Karl Brauer said that he believes Tesla Motors Inc's (NASDAQ: TSLA) CEO Elon Musk will be under greater pressure to deliver results in 2015 to achieve a delivery target of 55,000 vehicles. "That number could theoretically happen, if Tesla can...