Goldman Sachs downgrades this stock as auto market faces a tough macro outlook, names Tesla a top pick

[ad_1] Shares of Keysight Technologies look poised for a reset as both the auto and communications infrastructure industries face a difficult macro environment ahead, according to Goldman Sachs. Analyst Mark…

China’s EV Sales Broke Record in 2022 as Overall Auto Market Stalled

[ad_1] Rising retail demand for electric and plug-in hybrid vehicles boosted the auto market as traditional-car sales slipped 13%. [ad_2] Source link

Ford’s U.S. Auto Sales Fell 2% in 2022

[ad_1] Electric vehicles surge, but the chip shortage and depleted inventories hamper conventional car and truck business. [ad_2] Source link

Auto Industry Expected to Post Worst U.S. Sales Year in More Than Decade

[ad_1] Business Autos & Transportation Autos Industry Supply constraints and rising interest rates are hurting many manufacturers [ad_2] Source link

Tesla Halts Auto Production at Shanghai Plant in Rare Christmas Suspension

[ad_1] Business Autos & Transportation Autos Industry China’s Covid-19 outbreak takes out plant employees and suppliers [ad_2] Source link

This Former Auto Executive Is Now CEO of a Billion-Dollar Online Pharmacy

[ad_1] Alicia Boler Davis was one of the most senior Black officials at GM before joining Alto Pharmacy. [ad_2] Source link

Auto Maker Stellantis to Stop Work at Illinois Factory

[ad_1] Business Chrysler parent company says it will stop operations in February at plant where it makes Jeep Cherokee sport-utility vehicles, resulting in ‘indefinite layoffs’ [ad_2] Source link

Auto Dealers Gird for Softening Demand Amid Higher Rates, Uncertain Outlook

[ad_1] Business Autos & Transportation Autos Industry A survey of 1,000 dealers shows their outlook on the market is the lowest it has been in five years [ad_2] Source link

Tesla Sales of Chinese-Made Cars Hit Record, as Nation’s Auto Market Shrinks

[ad_1] Business Autos & Transportation Autos Industry China’s overall November car sales slump is likened to that of 2008 financial crisis [ad_2] Source link

Hyundai, Kia expect auto sales jump in 2022 amid chip shortage

[ad_1] South Korea’s Hyundai Motor and affiliate Kia Corp on Monday forecast that their combined global sales will jump 12.1 per cent in 2022, even as last year’s sales fell…