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Tag: Automotive

May Auto Sales Rise as Smaller Vehicles Take Lead as Economy Bites
Market News & Insights Jun 5, 2024

May Auto Sales Rise as Smaller Vehicles Take Lead as Economy Bites

May Auto Sales In May, the U.S. light vehicle (LV) Seasonally Adjusted Annual Rate (SAAR) exceeded expectations, reaching 15.9 million units, up…

#Automotive
Hertz Struggles Financially, Explores Capital Raising Options
Market News & Insights May 31, 2024

Hertz Struggles Financially, Explores Capital Raising Options

Hertz Global Holdings (HTZ: NSD) is grappling with rising costs and is looking to raise capital through various financing options, according to…

#analyst ratings #Automotive #Earnings
Faraday Future Stock Crashes After Production Guidance Withdrawal
Market News & Insights May 29, 2024

Faraday Future Stock Crashes After Production Guidance Withdrawal

Electric vehicle startup Faraday Future (FFIE: NSD) saw its stock price plummet on Wednesday after the company abruptly withdrew its production forecast…

#Automotive
Goldmans Sachs Market Concerns & Outlook
Market News & Insights May 27, 2024

Goldman Sachs Oil Forecast Sees Consumption Rising

Goldman Sachs Oil Forecast Goldman Sachs’ (Rank #11) projection of continued growth in oil demand until 2034 and its revised global oil…

#Automotive #energy stocks
Canadian Buyers Flock to Tesla as Government Rebate Almost Doubles Sales
Market News & Insights May 24, 2024

Tesla Reports Record 5.9 Million Job Applications in 2023

Tesla’s Job Demand In a testament to its global appeal and the allure of working in the forefront of electric vehicle technology,…

#Automotive

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