In this article, we discuss 11 most undervalued auto stocks according to hedge funds. If you want to see more stocks in this selection, check out 5 Most Undervalued Auto Stocks According To Hedge Funds. The automotive industry has been plagued by multiple problems apart from the COVID-19 pandemic, such as the constrained Asia Pacific… Continue reading 11 Most Undervalued Auto Stocks According to Hedge Funds
Tag: Ford
The Worldwide In-Vehicle Payments Industry is Projected to Reach $25.9 Billion by 2031: Increased Demand for Contactless Payment Solutions Drives Growth
DUBLIN, Jan. 20, 2023 /PRNewswire/ — The “In-Vehicle Payments Market – A Global and Regional Analysis: Focus on Application, Product, and Country-Level Analysis – Analysis and Forecast, 2022-2031” report has been added to ResearchAndMarkets.com’s offering. The global in-vehicle payments market is projected to reach $25,918.6 million by 2031 from $4,900.0 million in 2021, growing at a… Continue reading The Worldwide In-Vehicle Payments Industry is Projected to Reach $25.9 Billion by 2031: Increased Demand for Contactless Payment Solutions Drives Growth
Winnebago kicks off eVanlife with the all-electric eRV2
/ The fully operational prototype built on the Ford E-Transit platform is now in its final stage of field testing. Winnebago’s name is synonymous with vanlife, which makes its new all-electric eRV2 notable for an industry built on top of diesel engines. It’s just a prototype, but this one is fully operational and actually on the road… Continue reading Winnebago kicks off eVanlife with the all-electric eRV2
Tesla uses its profits as a weapon in an EV price war
To control production costs, Tesla has invested heavily in new manufacturing technology – such as the use of large castings to replace small metal parts. Tesla Inc earns more money for every vehicle it sells than any of its global rivals. Now, Chief Executive Elon Musk is using that superior profitability as a weapon in… Continue reading Tesla uses its profits as a weapon in an EV price war
GM sees a compact electric pickup truck as its next opportunity after Silverado EV
General Motors (GM) is contemplating releasing a compact electric pickup that would make the Silverado EV look like a giant. GM has made it widely known that it’s going all in on EVs (despite releasing a hybrid Corvette) by providing an “EV for everyone,” including SUVs, crossovers, luxury, and pickups. A significant part of the… Continue reading GM sees a compact electric pickup truck as its next opportunity after Silverado EV
Tesla Had a Bad Year. Some Investors Are Blaming Elon Musk.
In a down year for stocks, the 65 percent drop in Tesla’s share price stands out for the scale of wealth vaporized and the unorthodox behavior of its chief executive, Elon Musk. The collapse of Tesla’s stock price destroyed about $672 billion in market value. And Mr. Musk, once hailed as a genius who remade… Continue reading Tesla Had a Bad Year. Some Investors Are Blaming Elon Musk.
Jeep Plant Shutdown Imperils Illinois Town and 1,350 Workers
“A plant can’t be permanently shuttered without the buy-in from the U.A.W.,” Ms. Dziczek said. “So this is a really significant round of talks coming up.” The Detroit automakers have idled plants ahead of past contract negotiations, only to reopen them after bargaining with the union. In 2019, G.M. was winding down production at its… Continue reading Jeep Plant Shutdown Imperils Illinois Town and 1,350 Workers
Elon Musk’s Distraction Is Just One of Tesla’s Problems
Production headaches on three continents. Intensifying competition. A plunging share price. And a distracted chief executive seemingly bent on alienating some of the company’s most loyal customers. A growing list of problems at Tesla, the world’s most valuable car company, is puncturing its mystique as the segment’s technology leader, leading analysts and investors to question… Continue reading Elon Musk’s Distraction Is Just One of Tesla’s Problems
Tesla’s Direct Sales Model Helps It Thwart Customer Lawsuits
Ford maintains that arbitration is a better way to resolve disputes. Resolution of claims “should be fair, fast, efficient and proportional to the dispute,” Ian Thibodeau, a Ford spokesman, said in an email. “Arbitration often achieves those goals faster and more effectively than the court system.” In another recent case, though, a federal judge in… Continue reading Tesla’s Direct Sales Model Helps It Thwart Customer Lawsuits
GM Unit’s Self-Driving Taxis Are Subject of US Safety Investigation
The main federal auto safety agency disclosed on Friday that it has begun a preliminary investigation into cars that a division of General Motors has been testing as driverless taxis in San Francisco. The agency, the National Highway Traffic Safety Administration, said in a filing posted on its website that it had received reports that… Continue reading GM Unit’s Self-Driving Taxis Are Subject of US Safety Investigation