Ferrari Q4 Report: What to Expect
Ferrari is set to release its fourth-quarter results on Thursday, and analysts are eagerly awaiting the numbers. Here's a rundown of what you need to know. Sales Forecast According to…
State-of-the-Art Refineries and Margins: What to Expect
Contrary to recent headlines, the increase in production from new global refineries is not expected to impact margins for key products this year. This analysis comes from Goldman Sachs, which…
Tesla Offers Discounts on Model Y Electric Vehicles
Tesla, the leader in electric vehicles, has announced discounts on certain Model Y electric vehicles available on its U.S. website. Customers can now save almost $3,000 on their purchases. For…
Understanding Electric Vehicle Tax Credits and Savings
Figuring out whether you qualify for an electric vehicle tax credit isn’t easy–make, model, pricing, the state where you live, your income, and the list goes on. But once you…
General Motors Reports Strong Q3 Vehicle Sales
General Motors Co. saw a remarkable 21% increase in vehicle sales during the third quarter, demonstrating resilience in the face of rising interest rates and the ongoing United Auto Workers…
Labor Deal Expiration Looms as Potential Nightmare for Detroit Automakers
There are about eight and a half days left before the United Auto Workers' labor deal with the Detroit-Three automakers expires on September 14. After that, a strike is almost…
Labor Deal Countdown: Will Strikes Impact the Future of the Auto Industry?
In just eight and a half days, the labor deal between the United Auto Workers (UAW) and the Detroit-Three automakers is set to expire on September 14th. This looming deadline…
Stock Futures Flat as S&P 500 Extends Winning Streak
Stock futures indicate a flat start for Wall Street on Wednesday, following the S&P 500's third-consecutive winning session and its best performance since June. Tesla's AI Computing Cluster Sparks Interest…
Li Auto Reports Profit as Sales Surge
Li Auto, the Chinese electric-car maker, has announced its turnaround to profitability in the second quarter, driven by strong sales and improved profit margins. Financial Performance Li Auto posted a…
Lucid Jumps Nearly 7% After Deal of 100,000 EVs by Saudi Arabia
(Lucid) Shares of Lucid Group rose almost 7% on Wednesday after announcing that Saudi Arabia would purchase up to 100,000 of its electric vehicles. The company said the Government of…