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UK And Norway Hit Record EV Market Share In November: What Are the Top Brands?
Monday, December 6, 2021 - 2:58pm | 897Two European countries saw a strong market share for electric vehicles in the month of November. The growth of electric vehicles comes as countries are banning non-electric vehicles in the future. Here is a look at how the two countries are growing and what brands are winning. United Kingdom: In...
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8 Things Everyone Wants To Know About The Volkswagen Scandal
Wednesday, September 23, 2015 - 1:04pm | 579Though it is bouncing Wednesday, Volkswagen AG (ADR) (OTC: VLKAY) is down nearly 30 percent since news of an emissions scandal broke this week. Bernstein's Max Warburton answered the eight most common questions, noting that only the most "brave investors" who desire auto sector exposure should...
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Stock Sloppiness Stretches To New Day...Will Buyers Or Sellers Prevail?
Wednesday, September 23, 2015 - 11:54am | 673U.S. stocks flash early signals for gains on Wednesday, defying what’s so far been sloppy two-directional trading in Europe and hefty declines across most Asian stock markets after more Chinese factory data revealed that growth engine is sputtering. Stocks fell Tuesday, tracking...
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Legal Issues Are Giving Volkswagen Investors An Enormous Headache
Monday, September 21, 2015 - 3:08pm | 341A scandal involving Volkswagen AG (ADR) (OTC: VLKAY) surfaced last Friday. According to reports, one of the world’s largest carmakers (if not the largest) was cheating emissions tests in the U.S., the EPA said. Shares of the company are down more than 17 percent on Monday trading...
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Check Out 3D Systems' Newest Acquisition
Tuesday, April 7, 2015 - 10:05am | 2713D Systems Corporation (NYSE: DDD) announced on Monday that it acquired Easyway Design and Manufacture Co. in China. According to a press release, Easyway is a 3D printing sales and service provider with operations in Shanghai, Wuxi, Beijing, Guangdong and Chongqing. "The firm brings 3D...
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Why Lake Street Capital Likes Ballard Power Systems
Friday, February 13, 2015 - 1:42pm | 264Lake Street Capital Markets recently upgraded Ballard Power Systems Inc. (USA) (NASDAQ: BLDP) from Hold to Buy and established a $4 price target. Analyst Robert D. Brown felt the company had “demonstrated good execution of its strategy with the strong monetization of its UTC patent...
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Bank Of America On 2015 Auto Manufacturers: Keep Those Wheels Turning
Wednesday, February 4, 2015 - 4:28pm | 708In a report published Tuesday, analysts at Bank of America took a look at the U.S. auto manufacturers' industry, which saw January U.S. light vehicle sales rise 9.3 percent year-over-year on a selling-day-adjusted basis, above the firm’s mid-month estimate of +8.0 percent “for a...
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With Volkswagen Blood, Lamborghini Looking to Produce "Everyday" Model
Tuesday, May 24, 2011 - 6:32am | 243Lamborghini CEO Stephan Winkelmann, speaking at the Reuters Global Luxury and Fashion Summit in London, indicated that the iconic automotive company would soon produce an 'everyday' car. "We are going to have a third model. It has to be an everyday car. We want to have a car which is able to be...