Page 48 - Autos News Today

Tesla cut prices for its Model Y cars in markets across Europe, not long after announcing similar price cuts for its Model 3 and Model Y cars in China.

Tesla lowered prices for its Model Y electric vehicles in Germany a week after it made similar reductions in China.

Wednesday, lithium miner Albemarle announced head count reductions and less capital spending. Electric-vehicle demand isn’t keeping up with lithium supply.

TD Cowen analyst Jeffrey Osborne downgraded shares of electric-vehicle start-up Fisker to Hold from Buy. His price target went to $1 from $11.

Stock in Rivian, Fisker, and Ford is lower after each automaker caught a downgrade from Wall Street.

Shares of Tesla, Apple, and Caterpillar—all of which derive sizable sales from China—were falling on the heels of disappointing economic data.

For 2023 the Compass gets some noteworthy upgrades.

Tesla cut prices around the world last year to stay competitive with rivals such as China's BYD and compensate for higher interest rates increasing the cost...

The Cadillac Escalade shares more with the EV Hummer than it does with the gas-powered Escalade.

Younger adults are known to shop online voraciously. Yet, they prefer to finish buying a car in person, which may be a smart money move.