(AP Photo/David Zalubowski, File) Updated [hour]:[minute] [AMPM] [timezone], [monthFull] [day], [year] DETROIT (AP) — New vehicle sales in the U.S. rose 2.7% last year as prices and interest rates ...
Ford Motor Co. reported Friday that U.S. new vehicle sales rose 4% to nearly 2.1 million vehicles last year compared with 2023, an increase driven by sales of trucks. The Dearborn-based automaker ...
Let's take a look at what these Wall Street heavyweights have to say about Canoo Inc. (GOEV) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.
A Tesla Cybertruck, the company's newest vehicle model, in Boston. Tesla delivered 495,570 electric vehicles to customers during the fourth quarter of 2024, the company announced Thursday morning.
China’s best-selling car manufacturer BYD sold a record number of electric vehicles and hybrids globally last year, even as fierce competition took hold in its home market. Tesla’s biggest ...
Simply sign up to the Automobiles myFT Digest -- delivered directly to your inbox. Job losses at European car part suppliers more than doubled in 2024 as the slowdown in the continent’s ...
One of the most prominent hidden costs when buying a new vehicle is depreciation. This is particularly true of SUVs, which generally depreciate faster than regular cars. Knowing how much you’re ...
Stifel analyst Stephen Gengaro downgraded Canoo (GOEV) to Hold from Buy with a price target of 50c, down from $4.50. The firm cites the company’s need for capital and its recent announcement ...
The downgrade reflects the concerns about Canoo's ability to thrive in the competitive electric vehicle market. Stifel explains that Canoo has an increasing need for capital, with the company ...