Page 4 - Auto Analyst News Today : Breaking News, Live Updates & Top Stories | Vimarsana

OEMs restricted to import auto parts as per quota allocated by SBP

Lucid Motors has a great battery technology, short sellers have zero share available left to short and lucid has a secret weapon.

Carmakers have invested heavily in battery cell production. Still, their ability to source enough supplies of lithium, nickel, and cobalt are hitting a brick wall in the face of supply chain issues and competition for those materials.

How would you feel about a 5% increase in price? i mean, it's going to be tough. 25% increase would probably be disaster. i don't know how we would deal with it. we have 115 employees that depend on us and depend on us selling these vehicles so i am concerned, and i -- i don't want to see them affected in a bad way. >> and this is coming on top of a really tough year for u.s. auto manufacturers who have had to deal with slumping auto sales, record layoffs and tariffs on aluminum and steel, and brianna, the impact on the consumer is notable. one u.s. auto analyst says that at the end of the day...

We are looking into it. that reflects the president's own disappointment regarding the actions. on the other hand i'm going to be fair here. her business. it may be possible to transfer workers to other plants in texas and michigan. i'm not an expert on general motors and i'm not an auto analyst. that's what she said. there is a lot of disappointment or anger. i've heard it again from mr. trudeau and president trump and democrats and republicans. >> just to follow, do you think it will adversely affect our economy into the christmas season and after? >> no, i mean i don't want anybody to get l...