Automotive Industry News
A collection of Automotive latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Why the US auto industry is bracing for an EV winter
Electric vehicles are facing a perfect storm in the US — and it's threatening to throw the industry into a deep freeze. A nightmare combination of policy changes, tariffs, and supply chain upheavals has prompted automakers that once set…
Auto repair garage owners sell Vaucluse mansion for $23 million
The Davidsons, who also own a string of other businesses on and around Oxford Street in Bondi Junction, are rumoured to be downsizing. They have done well in the eastern suburbs market since 2016, when they sold the Macquarie Lighthouse Keeper's…
Exports to US fall: Marine, auto, jewellery find new markets
A similar pattern was visible in auto components, whose exports to the US dropped 12 per cent in September, but shipments to Germany, the UAE, and Thailand, helped total auto component exports grow 8 per cent. Marine products grew 25 per cent in…
Auto: The 7-seater EV that redefines 'base model' at ₹19.95 lakh
The XEV 9S is poised to disrupt the market, specifically with its entry-level variant called the 'Pack One Above', which offers a level of equipment rarely seen in base models, writes Rajesh Karkera/ Rediff.com. Mahindra has officially pulled the…
Republicans Complain That Cars Have Become Too Safe, Say It Must Be Reversed
In the United States, where having a car is all but mandatory for 92 percent of the population, ever-higher car prices are causing a lot of stress. The average cost of a new car in the US recently hit record heights, while repossessions for missed…
Promising Automotive Stocks To Watch Now - November 28th
O'Reilly Automotive's Stock Price Uptrend Will Continue in 2026 O'Reilly Automotive, Rivian Automotive, Monolithic Power Systems, Upstart, SoundHound AI, AutoZone, and Lear are the seven Automotive stocks to watch today, according to MarketBeat's…
This Bengaluru man quits corporate job to drive auto, here's why
A Bengaluru man, Rakesh, who recently left his corporate career to drive an auto-rickshaw, has captured social media users' attention with his uplifting messages. In a video surrounding his new life, he shared that he has finally found his peace…
Silvant Capital Management LLC Boosts Stock Holdings in O'Reilly Automotive, Inc. $ORLY
Silvant Capital Management LLC raised its position in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,369.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange…
Citigroup Cuts Auto Trader Group (LON:AUTO) Price Target to GBX 880
Auto Trader Group (LON:AUTO - Get Free Report) had its price objective decreased by investment analysts at Citigroup from GBX 924 to GBX 880 in a note issued to investors on Friday, MarketBeat Ratings reports. The brokerage presently has a 'buy'…
Group 1 Automotive, Inc. $GPI Shares Purchased by Prudential Financial Inc.
Prudential Financial Inc. boosted its stake in Group 1 Automotive, Inc. (NYSE:GPI - Free Report) by 2.7% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 25,668 shares of…
Citigroup Cuts Li Auto (NASDAQ:LI) Price Target to $20.20
Li Auto (NASDAQ:LI - Get Free Report) had its target price lowered by analysts at Citigroup from $25.60 to $20.20 in a research report issued on Friday, Benzinga reports. The brokerage currently has a 'neutral' rating on the stock. Citigroup's…
Alcosta Capital Management Inc. Raises Stock Position in O'Reilly Automotive, Inc. $ORLY
Alcosta Capital Management Inc. boosted its stake in shares of O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,393.8% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 46,860 shares of the…
Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Secretly Monitor But Don't Talk About Yet - O'Reilly Automotive (NASDAQ:ORLY), IES Hldgs (NASDAQ:IESC)
Each week, Benzinga's Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the surface and deserve attention. Investors are constantly on the hunt for undervalued…
Advantage Alpha Capital Partners LP Decreases Position in Group 1 Automotive, Inc. $GPI
Advantage Alpha Capital Partners LP lessened its position in Group 1 Automotive, Inc. (NYSE:GPI - Free Report) by 21.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor…
Clarkston Capital Partners LLC Raises Stock Position in O'Reilly Automotive, Inc. $ORLY
Clarkston Capital Partners LLC boosted its stake in O'Reilly Automotive, Inc. (NASDAQ:ORLY - Free Report) by 1,792.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The…
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