Automobiles

Asbury Automotive (ABG): Strategic Acquisition of Herb Chambers

Asbury expands with a $1.34B deal, adding 33 dealerships and $2.9B in revenue. What does this mean for investors? Growth, market share, and opportunity.

Stellantis (STLA) CEO Resigns Amid Crisis

Carlos Tavares resigns as Stellantis CEO amid financial struggles and board conflicts, raising concerns for investors and the company's future direction.

GM Posts Best Quarterly Sales in Three Years

GM's record sales, EV boost, and challenges post-cyberattack impact dealerships and investor decisions. Toyota, Hyundai, and Kia sales comparisons offer investment insights.

Tesla Misses Q1 Delivery Targets, Shares Plunge

Tesla's Q1 vehicle delivery miss and share price decline raise concerns for retail investors. Challenges and setbacks impact market sentiment.

General Motors Sees Major Market Shift, US Outpaces China

GM's global sales landscape transforms as US numbers surpass China's for the first time in years, highlighting a major market shift.

Volvo Cars Shares Plummet After Geely's Stake Sale

Volvo Cars' stock hits record low as Geely sells stake at a discount. What does this mean for investors? Get insights into this investment move.

Polestar's Target Reduction and Investor Implications

Polestar recalibrates goals, significantly cutting vehicle delivery targets. Explore for investor insights in the EV landscape.

Daily Stock Watch: Getaround Stock Up Soon After IPO

Getaround stock is up in early trading today, soon after it's market debut on the New York Stock Exchange.

Daily Stock Watch: NIO Stock Dips Amid Chinese EV Slump

Nio Inc (NYSE: NIO) has dropped alongside Chinese EV makers like Li Auto (NASDAQ: LI) and Xpeng Inc (NYSE: XPEV). But is NIO stock a good investment?

Daily Stock Watch: Is GOEV Stock a Good Investment?

Electric Vehicle (EV) outfit Canoo Inc is a hot property on Tuesday morning after inking a major new deal. But is GOEV stock a good investment?

Luminar Stock Soars on Nvidia Deal! Is LAZR a Buy?

Luminar will supply laser sensors for Nvidia’s self-driving car platform boosting its credibility along with its share price. Are these stocks a buy?

Why has Avis's share price increased by over 700% in 2021?

Avis Budget Group reported strong Q3 results, giving its share price a surge of over 200% on Tuesday and continuing the car rental company's phenomenal momentum.