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  • Mullen Automotive Building Momentum With Class-1 Vans
    Automotive

    Mullen Automotive Building Momentum With Class-1 Vans

    April 4, 2023 /

    If there weren’t more than enough catalysts to get bears going out of Mullen (NASDAQ: MULN), the enterprise announced the prosperous completion of a pilot application with Menzies Aviation. Menzies Aviation is a top airport expert services firm running at 250 airports in 58 nations. The pilot program was a check to quantify the value and strength-saving capabilities of Mullen’s course 1 cargo vans, and the check was a accomplishment. In accordance to the push release, the 60-working day take a look at resulted in additional than 1,500 miles pushed with 100{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} uptime, 66{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} cost savings and an 83{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} reduction in CO2 emissions. What this suggests for Mullen is an…

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    All-Electric Car Registrations Exceeded 600,000 By End Of October 2022

    All-Electric Car Registrations Exceeded 600,000 By End Of October 2022

    December 12, 2022
    Cox Automotive Analysis: Stellantis’ Q4 2022 Market Performance

    Cox Automotive Analysis: Stellantis’ Q4 2022 Market Performance

    February 24, 2023
    Tesla’s Q4 2022 Revenue Beyond Its Automotive Business

    Tesla’s Q4 2022 Revenue Beyond Its Automotive Business

    April 9, 2023
  • Automotive News Top 150 Dealership Groups (2023)
    Automotive

    Automotive News Top 150 Dealership Groups (2023)

    April 3, 2023 /

    Medford, OR (541) 776-6401 Bryan DeBoer(president & CEO) 271,596 311,764 13,293 82,865 679,518 296 $28,506,585,950 Fort Lauderdale, FL (954) 769-7000 Mike Manley(director & CEO) 229,971 299,806 565 66,914 597,256 260 $26,985,000,000 Bloomfield Hills, MI (248) 648-2500 Roger Penske(chairman & CEO) 185,831 261,739 5,461 86,686 539,717 292 $27,814,824,000 Houston, TX (713) 647-5700 Daryl Kenningham(president & CEO) 154,714 196,696 – 25,076 376,486 204 $16,222,200,000 Duluth, GA (770) 418-8200 David Hult(president & CEO) 151,179 151,464 – – 302,643 146 $15,433,800,000 Charlotte, NC (704) 566-2400 David Smith(CEO) 101,168 173,209 2,115 35,323 311,815 171 $14,001,124,000 Charlotte, NC (704) 568-5550 Rick Hendrick(chairman & CEO) 89,974 95,524 28,517 37,277 251,292 94 $12,038,068,640 Tampa, FL (813) 434-1982 Brett…

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    Francis McGee Comments Off on Automotive News Top 150 Dealership Groups (2023)

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    Mullen Automotive Releases New Info About Upcoming Mullen Five RS

    Mullen Automotive Releases New Info About Upcoming Mullen Five RS

    October 2, 2022
    Mullen Automotive Settles Qiantu Lawsuit for $20 Million

    Mullen Automotive Settles Qiantu Lawsuit for $20 Million

    March 25, 2023
    Mercedes: Level 4 hands-free automated driving ‘doable’ by decade’s end

    Mercedes: Level 4 hands-free automated driving ‘doable’ by decade’s end

    March 2, 2023
  • Mullen Automotive Makes Deliveries; Short-Squeeze Possible
    Automotive

    Mullen Automotive Makes Deliveries; Short-Squeeze Possible

    April 2, 2023 /

    Mullen Automotive (NASDAQ: MULN) produced another deadline by providing the first of its class-1 cargo vans. The vans were delivered to MGT Corporation in Highpoint, NC, by associate Randy Marion Automotive Team. The shipping is 4 course-1 vans with follow-on orders predicted. MGT Company is a product sales and leasing corporation targeted on class 1-4 vans for professional use. The company’s profits was $70 million per year for the final 2 decades and is expected to increase virtually 50{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} in 2023. The company’s vans are utilized largely for very last-mile products and services, shipping and trades these as plumbing and electrical.  The shipping is a acquire for Mullen, who has…

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    Francis McGee Comments Off on Mullen Automotive Makes Deliveries; Short-Squeeze Possible

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    Automotive News Top 150 Dealership Groups (2023)

    Automotive News Top 150 Dealership Groups (2023)

    April 3, 2023
    Mullen Automotive Provides Fiscal First Quarter 2023

    Mullen Automotive Provides Fiscal First Quarter 2023

    February 15, 2023
    Motor Mouth: Fearless automotive predictions for 2023 and beyond

    Motor Mouth: Fearless automotive predictions for 2023 and beyond

    December 31, 2022
  • Rivian Automotive (RIVN) Stock Sinks As Market Gains: What You Should Know
    Automotive

    Rivian Automotive (RIVN) Stock Sinks As Market Gains: What You Should Know

    March 27, 2023 /

    Rivian Automotive (RIVN) closed the most recent investing day at $13.62, shifting -.66{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} from the earlier buying and selling session. This go lagged the S&P 500’s each day gain of .56{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}. In the meantime, the Dow gained .41{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}, and the Nasdaq, a tech-significant index, included 1.35{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}. Heading into right now, shares of the a manufacturer of motor motor vehicles and passenger automobiles experienced shed 24.59{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} in excess of the earlier thirty day period, lagging the Auto-Tires-Trucks sector’s loss of 5.84{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} and the S&P 500’s loss of 1.48{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} in that time. Rivian Automotive will be hunting to display energy as it nears its subsequent earnings launch. In that report, analysts count…

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    Subaru exec shuffle: New CEO named; Tom Doll to step down as U.S. chief

    Subaru exec shuffle: New CEO named; Tom Doll to step down as U.S. chief

    March 5, 2023
    J.D. Power: EVs affordable with tax incentives and more supply

    J.D. Power: EVs affordable with tax incentives and more supply

    March 30, 2023
    Cox Automotive Analysis: Stellantis’ Q4 2022 Market Performance

    Cox Automotive Analysis: Stellantis’ Q4 2022 Market Performance

    February 24, 2023
  • Mullen Automotive Settles Qiantu Lawsuit for $20 Million
    Automotive

    Mullen Automotive Settles Qiantu Lawsuit for $20 Million

    March 25, 2023 /

    Like a zombie from the grave, Mullen Automotive’s electrical sports activities motor vehicle grift life when a lot more. Previously this week, the Southern Californian enterprise declared that it had fixed its agreement disputes with Chinese maker Qiantu and would get started to “re-design” and “re-engineer” the DragonFLY K50 platform for sale in the United States. On the area (or if you just browse the push launch) this would seem to be to be exceptional information for the Californian EV startup. But the saga of the Mullen/Qiantu partnership is extensive, and in the context of their shared historical past, the deal’s phrases seem substantially significantly less favorable for Mullen. Back…

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    Francis McGee Comments Off on Mullen Automotive Settles Qiantu Lawsuit for $20 Million

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    150 plug-in vehicles arriving in U.S. showrooms through 2026

    150 plug-in vehicles arriving in U.S. showrooms through 2026

    October 3, 2022
    How Tesla is planning to revamp the Model 3

    How Tesla is planning to revamp the Model 3

    November 29, 2022
    Inside moving exhibits at L.A.’s Petersen Automotive Museum

    Inside moving exhibits at L.A.’s Petersen Automotive Museum

    February 7, 2023
  • Goldman Sachs Says These 2 Automotive LiDAR Stocks Should Be On Your Radar; Sees at Least 90{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} Upside Potential
    Automotive

    Goldman Sachs Says These 2 Automotive LiDAR Stocks Should Be On Your Radar; Sees at Least 90{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} Upside Potential

    March 21, 2023 /

    While electric powered motor vehicles (EVs) are obtaining the headlines in the automotive industry, there are two other tendencies that will reward nearer trader notice. These are driver guidance and autonomous motor vehicles. These are based on equivalent technologies – state-of-the-art sensor techniques, device discovering and AI, and interactive interfaces for the human operator – but they fill distinctive roles. For buyers, even so, these systems will offer a realm of chances the place the rubber fulfills the street. The vehicle market authorities from expenditure firm Goldman Sachs have been proper on major of these new developments in the automotive world, and have been specifically enthusiastic about LiDAR devices. These…

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    Auto execs less confident in EV adoption amid economic fears: KPMG

    Auto execs less confident in EV adoption amid economic fears: KPMG

    December 21, 2022
    Dec. U.S. auto sales: GM reclaims U.S. sales crown; Toyota, Ford edge up; Hyundai, Kia post double-digit gains to finish 2022

    Dec. U.S. auto sales: GM reclaims U.S. sales crown; Toyota, Ford edge up; Hyundai, Kia post double-digit gains to finish 2022

    January 6, 2023
    Automotive OEM Market Size to Worth Around USD 46 BN by 2030

    Automotive OEM Market Size to Worth Around USD 46 BN by 2030

    November 23, 2022
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