Tag: shares
Shares drop as Rivian prepares to sell $1.3 billion in bonds...
As lackluster demand and high expenses tighten a cash grip around electrical car companies, Rivian Automotive announced on March 6 that it aims to...
Ford cuts Rivian stake by about 1%, predicting a difficult year...
A week after the Detroit automaker revealed a decline in profit and forecasted a challenging year, Ford reduced its share in struggling EV manufacturer...
Penske Automotive revenue increased 11% in Q4, beating estimates
Penske Automotive Group's fourth-quarter net income fell due to lower average gross profits for new and used cars sold. The losses from currency exchange...
Why BoA analysts believe Tesla’s latest price cuts will drive volume...
Bank of America analysts shared their stance, that Tesla’s recent price cuts to its lineup of vehicles would likely result in higher sales volume...
General Motors reclaims top spot in U.S. auto sales over rival...
Being able to better meet the strong demand for cars and trucks, General Motors (GM) reclaimed the top spot in U.S. auto sales from...
