Talented Women in STEM Recognized
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October 18, 2023 3:37 PM EDT
On Wednesday, British Business Secretary Kemi Badenoch expressed strong confidence in finding a resolution for automakers to circumvent imminent tariffs on the trade of electric vehicles (EVs) with the European Union, stating that she was very optimistic about the prospects.
"We're regularly raising this with EU counterparts, and it is just simply the nature of trade negotiations and trade policy," said Badenoch during an even... More
October 17, 2023 12:01 PM EDT
Prominent electric vehicle manufacturer, Tesla (NASDAQ: TSLA) on Tuesday, called upon the Biden administration to swiftly solidify more rigorous fuel economy standards through 2032 than those initially proposed by U.S. regulators, placing the automaker at odds with major OEMs.
In July, the National Highway Traffic Safety Administration (NHTSA) introduced a proposal to... More
October 17, 2023 8:54 AM EDT
Barclays initiated coverage of Stellantis (NYSE: STLA) with an Overweight rating and set their 12-month price target on the stock at EUR 22.50.
STLA ranks high among EU/US OEMs in terms of profitability, cash flow, dividends, and efficient use of capital, making it a favored choice for many investors. However, Barclays analysts believes that due to the overall lack of interest in the EU Auto sector, its position is relatively weak.
Barclays predicts a margin adjustment, decreasing from... More
