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Why Rivian Automotive Stock Is Moving Lower
Wednesday, January 17, 2024 - 12:00pm | 266Read More...Rivian Automotive, Inc. (NASDAQ:RIVN) shares are trading lower Wednesday after Deutsche Bank downgraded the stock from Buy to Hold and lowered its price target from $29 to $19. The Details: Deutsche Bank noted that its downgrade of Rivian is based in part on an expected volume guidance of only 65,...
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Tesla's Model X Launch Seeing Mixed Sentiment From The Pros
Tuesday, September 29, 2015 - 8:26am | 740Read More...Tesla Motors Inc (NASDAQ: TSLA)'s Model X SUV will be officially launched on Tuesday. The Model X was initially planned to be released in 2013. Kelley Blue Book analysts offered mixed reviews ahead of the launch. After years of anticipation, Tesla Motors will officially launch its...
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Sticker Shock: New Vehicle Prices Up 4.3% From Year Earlier
Tuesday, June 2, 2015 - 11:57am | 454Read More...Prices for new vehicles edged up 4.3 percent last month from the same period a year ago, even as they dipped 0.3 percent from April, according to market research released Tuesday. Cheaper gasoline drove demand for trucks and sport-utility vehicles, resulting in an elevated average transaction...
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Kelley Blue Book Analyst: Gas Prices, Consumer Confidence Affected February Auto Sales
Tuesday, March 3, 2015 - 2:12pm | 441Read More...Kelley Blue Book Analyst Akshay Anand told Benzinga that February auto sales for General Motors Company (NYSE: GM), Ford Motor Company (NYSE: F) and Fiat Chrysler Automobiles NV (NYSE: FCAU) were lower than expected. Addressing the influence of weather on sales, Anand pointed out that February...
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Will Takata Airbags Drive The Biggest Automotive Recall Ever?
Friday, October 24, 2014 - 10:51am | 793Read More...A widespread Takata Corporation airbag recall was issued after exploding airbags were reported as injuring and even killing at least four unsuspecting drivers, and the scope of the recall continues to grow. As of now, nearly 12 million automobiles from a wide range of manufacturers are...
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The Ford Mustang at 50: Does the Iconic Car Still Have a Market?
Tuesday, December 3, 2013 - 2:49pm | 716Read More...Here's a bit of startling news, especially if you're a Baby Boomer: the Ford (NYSE: F) Mustang turns 50 next year. Ford is launching a full-court press campaign for its iconic pony car starting on Thursday, when the new, sixth-generation Mustang is unveiled on ABC's (NYSE: DIS) Good Morning...
