7 Most Undervalued Stocks to Buy Now

01:47pm, Wednesday, 03'rd Jan 2024
The start of a New Year is a good time to scrutinize a portfolio and make some adjustments including adding undervalued stocks. Stocks that enjoyed big runs last year may cool off, requiring investors
The Detroit automaker shrugged off a hit from a costly auto strike to report 2023 US new vehicle sales of 2,594,698 units, up 14.1% from last year.
Shares of General Motors Co. GM, -2.51% took a 2.5% dive in midday trading Wednesday, even as the automaker said it sold 2.6 million vehicles in the U.S. in 2023, up 14% from a year ago and enough to
The nation's largest automaker sold more cars in 2023 than a year ago as supply chain chaos ended, but sales are now under pressure from rising interest rates.
General Motors said Wednesday it is offering $7,500 incentives on its electric vehicles that lost a U.S. government tax credit this week.
Ford took a $2.7 billion impairment charge on Argo AI. California has suspended GM's Cruise's permits for driverless testing and deployment.
General Motors Company (GM) reachead $36.05 at the closing of the latest trading day, reflecting a +0.36% change compared to its last close.

Why Are Chinese EV Stocks Down Today?

09:28am, Tuesday, 02'nd Jan 2024
Investors who bought the rumors on Chinese electric vehicle (EV) stocks sold the news, as strong deliveries led to selling pressure. Nio (NYSE: NIO ) was down 1%, XPeng (NASDAQ: XPEV ) was down 2.1%,

The 3 Hottest EV Stocks to Watch in 2024

01:06pm, Monday, 01'st Jan 2024
The world is rapidly transitioning towards electrification, and the sales of battery-electric vehicles in the country hit over the 1 million mark in 2023 but the last few months saw a slowing demand
Let's look back at some of the most important automotive stories of 2023, including UAW-Detroit 3 standoff, Tesla's NACS wave and more, which grabbed the headlines.
In the case filed in California Superior Court in San Francisco, GM is seeking $108 million in back taxes over the course of seven years, as well as $13 million in penalties and interest, according to

GM sues San Francisco

07:21am, Thursday, 28'th Dec 2023
CNBC's 'Squawk Box' team discusses GM as the parent company of robotaxi firm Cruise filed a lawsuit against San Francisco for $121M in tax dispute.
The Detroit auto maker claims it has been unfairly taxed $108 million over seven years despite having no employees or physical presence in the city.

Top 3 Automotive Stock Picks for the New Year

05:00am, Thursday, 28'th Dec 2023
The automotive industry is one of the most important sectors for economic growth. With several automakers moving towards electrification, there are mixed opinions about the future of the industry.
While inflation may have been the theme of 2022, disinflation could be the defining label for the outgoing year, thus warranting a closer examination of stocks to buy for lower interest rates. To be s
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