Topic: auto

Analysts JPMorgan raised General Motors (GM) target price to $110, expecting 45% upside amid recovery efforts

07/08/2026, 05:36 AM investing rating_growth Analysts: analysts, JPMorgan auto

JPMorgan has upgraded General Motors' stock rating and raised its price target, indicating a potential recovery for the company despite recent underperformance due to market challenges.

Momenta (unknown) Shares Rise 3% in Hong Kong Stock Market Debut

07/07/2026, 07:35 PM growth auto

Momenta, a Chinese autonomous driving company, successfully debuted on the Hong Kong Stock Exchange, raising $751 million and seeing its shares rise 3% on the first day of trading. This IPO highlights the growing interest and investment in the autonomous vehicle sector, particularly in Asia.

Stellantis Launches Fiat Topolino EV in the U.S. Priced at $13,995

07/07/2026, 08:36 AM business announcement auto

Stellantis has begun accepting orders for the Fiat Topolino electric vehicle in the U.S. at a starting price of $13,995, marking a strategic move to reintroduce small vehicles to the American market.

Rivian Automotive (RIVN) stock drops 13% following announcement of 75 million share public offering to raise capital

07/07/2026, 06:37 AM business stock_drop auto

Rivian Automotive's stock dropped 13% after the company announced a public offering of 75 million shares to raise approximately $1.51 billion, which it plans to use for funding a loan agreement with the U.S. Department of Energy. This capital raise comes amid a suspension of its 2027 profitability target and the launch of its new R2 midsize SUV.

Toyota Motor to Invest $3.6 Billion to Relocate Tacoma Pickup Production from Mexico to Texas

07/06/2026, 01:37 PM business announcement auto

Toyota's $3.6 billion investment to relocate Tacoma pickup production from Mexico to Texas is a significant move that will create 2,000 jobs and expand manufacturing capacity, reflecting the company's commitment to U.S. operations amid changing trade dynamics.

Analysts expect Rivian (RIVN) to face challenges despite launching new R2 SUV in competitive EV market

07/06/2026, 09:37 AM investing forecast Analysts: analysts auto consumer

Tesla's strong sales and production figures have not translated into stock performance, while Rivian's entry into the mid-market SUV segment could intensify competition in the EV sector. Investors should be cautious as Rivian faces significant financial challenges despite its recent product launch.

Analysts Goldman Sachs recommend buying undervalued stocks including O’Reilly (ORLY), NetEase (NTES), Tradeweb (TW), and Liftoff Mobile

07/05/2026, 06:32 AM investing recommendation Analysts: analysts, Goldman Sachs auto internet

Goldman Sachs has identified several undervalued stocks, including O'Reilly, NetEase, Tradeweb, and Liftoff Mobile, recommending them as strong buying opportunities due to their potential for growth despite current market pressures.

Ford Motor Company (F) Achieves Key Quality Milestone as CEO Jim Farley Aims for Flawless New Vehicle Launches

07/03/2026, 05:38 AM business growth auto

Ford Motor Company has made significant strides in improving its vehicle quality, achieving a top ranking in J.D. Power's initial quality study, which could enhance investor confidence and support future product launches.

Rivian Raises 2026 Delivery Outlook While Lucid Group Misses Q2 Expectations and Announces Leadership Changes

07/02/2026, 06:38 AM business review auto

Rivian Automotive has raised its 2026 delivery forecast following strong demand, while Lucid Group fell short of Wall Street expectations and announced a leadership restructuring, highlighting contrasting fortunes in the electric vehicle market.

Ford Motor Company Reports 10.3% Decline in Q2 U.S. Vehicle Sales Amid F-Series Production Challenges and Decreased EV Demand

07/02/2026, 06:38 AM business decline auto

Ford Motor's second-quarter U.S. vehicle sales fell by 10.3%, primarily due to production issues with its F-Series trucks and a sharp decline in electric vehicle sales. This decline highlights ongoing supply chain challenges and shifting consumer preferences in the automotive market.