Auto

China’s Li Auto pins hopes on first all-electric model
China’s Li Auto pins hopes on first all-electric model
LI AUTO officially launched on Friday (Mar 1) its first pure electric model MEGA multi-purpose vehicle (MPV), which founder and CEO Li Xiang expects to become the Chinese electric...
Li Auto jumps 25% as earnings withstand China EV price war
Li Auto jumps 25% as earnings withstand China EV price war
LI AUTO shares soared in Hong Kong after upbeat earnings showed the electric-vehicle maker is showing promise in China’s hyper-competitive market. The stock rose 25 per cent on Tuesday...
A major auto insurer returns to California — with a 30% price hike
California drivers can now buy an auto insurance policy directly from Allstate again, after the company hit pause on selling new insurance through its website or phone service to...
German auto supplier Continental says to cut 7,150 jobs
German auto supplier Continental says to cut 7,150 jobs
GERMAN auto supplier Continental said on Wednesday (Feb 14) it would cut some 7,150 posts worldwide by 2025 as the difficult switch to electric vehicles forces companies in the...
All Change: How Costa Oil Plans To Disrupt The US Auto Sector
Costa Oil founder Costa KapothanasisCosta Oil “This is an industry that has barely changed at all in the past 30 years,” says entrepreneur Costa Kapothanasis. “The biggest players have...
3 Auto Stocks for Potential Gains | Entrepreneur
Thanks to technological advancements, the auto industry looks poised to thrive in the foreseeable future. Given the significant prospects of the sector, fundamentally strong auto stocks Toyota Motor (TM),...
5 Simple Ways To Make Your Auto Repair Shop More Profitable
The auto repair industry is expected to hit annual revenue of $78.4bn in 2022 as per IBISWorld. However, despite the massive growth in the market, it can be difficult...
Magna International is Your Auto and EV One-Stop Shop Stock
Magna produces auto parts and systems to the 50 largest automobile brands worldwide Magna will begin production of its Fisker’s EVs in November Russia and a strong US dollar...
Why This Dip in Advanced Auto Parts May be an Opportunity
Shares of Advance Auto Parts (NYSE: AAP) gapped down after – wait for it – the company lowered its guidance for the rest of the year. The company is...