The Latest Breaking News from Auto Vehicle Manufacturers

Despite soaring demand, the auto industry has been bogged down by macroeconomic challenges, chip shortages, and supply chain disruptions. Given these factors, it could be wise for investors to back off from investing in fundamentally weak auto stocks Rivian Automotive (RIVN), Canoo (GOEV), Faraday Future Intelligent Electric (FFIE), and Mullen…

Despite the economic headwinds, auto giant General Motors’ (GM) financials remain robust. The stock has gained more than 15% over the past month. Given the stock’s ability to survive the challenging market conditions, it might be an ideal addition to your portfolio this fall. Read on….

The major market indexes’ consistent downtrend has significantly benefited short-sellers. As the market is expected to remain under pressure on rising recession odds, it could be wise for investors looking to bottom fish to stay away from heavily shorted stocks Rivian Automotive (RIVN), Lucid (LCID), Teladoc Health (TDOC), Warby Parker…

Electric vehicle company Mullen Automotive’s (MULN) CEO has sold its shares on seven separate occasions this year, with total shares sold counting to more than 2 million. Moreover, MULN has declined substantially over the past month. Let’s discuss this stock in detail….

Electric Vehicle (EV) stock Faraday Future Intelligent Electric (FFIE) has lost more than 80% this year, indicating bearish investors’ sentiments. And considering its bleak fundamentals, the stock could witness further declines. Thus, this EV stock might be best avoided. Keep reading….

Popular automaker Ford Motor (F) recently saw substantial trading volume. The company handily beat earnings and revenue estimates in the previous quarter. Recently, F revealed that it expects its costs to rise significantly. So, will it be wise to buy the stock now? Let’s discuss….

Mullen Automotive (MULN) has failed to generate positive investor sentiment despite its latest bids and acquisitions, as is evident from its almost 94% decline this year. Moreover, the stock has hit its 52-week low of $0.32 in the last session. Also, considering the macroeconomic headwinds, will MULN be able to…

The auto industry has witnessed a solid sales recovery from the pandemic lows. Moreover, growing investment in clean technology is expected to drive the auto industry’s long-term growth. Hence, fundamentally strong auto stocks Volkswagen (VWAGY), Stellantis (STLA), and Honda Motor (HMC) might be solid investments. However, Mullen Automotive (MULN) might…

Automaker Nikola Corp’s (NKLA) founder is currently on trial for allegedly duping investors. Moreover, its bleak financials are concerning. Hence, this weak stock might be best avoided now. Read more….