Doug Dutton News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Lucid Group, Inc. misses on earnings expectations. Reported EPS is $-0.3 EPS, expectations were $-0.28. Lucid Group, Inc.

Americans have a long-lasting love affair with cars, and it shows in the economy. The automotive industry accounts for approximately 3% of the nation’s GDP, and car sales are a huge business. In its mid-2023 report, the National Auto Dealers Association reported that 16,839 franchised dealers had sold 7.66 million light-duty vehicles (cars and light trucks) in 1H23. Total dealer sales in light-duty vehicles for the half-year came to $614 billion and that was supplemented by $73 billion worth of

We sent white, black, Hispanic and Asian testers undercover to see if they would be treated equally by LI real estate agents. Many were not.

Contract talks between the United Auto Workers and auto makers kick off this week. Over the last 20 years, there have been strikes two out of the last five...

The game for EV startups is now a grim one: Can the companies reach profitability before running out of cash?