Day: February 12, 2024

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  • February 12, 2024

Rivian Automotive, Inc.’s (NASDAQ:RIVN) Shares Not Telling The Full Story

With a price-to-sales (or “P/S”) ratio of 4.2x Rivian Automotive, Inc. (NASDAQ:RIVN) may be sending bullish signals at the moment, given that almost half of all the Auto companies in the United States

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Lexington man charged for allegedly scamming high-end car dealerships – Lexington Herald Leader

A Lexington man was federally charged for money laundering crimes after he was found by the U.S. Secret Service to be a posing as luxury car salesman and scamming high-end dealerships. Hussein Qasim,

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Teenagers arrested after theft of luxury cars on Central Coast and high-speed chase to Sydney

A group of teenagers have been arrested after allegedly stealing a car and driving it from the Central Coast to Sydney’s west in a high-speed police chase. Five teenagers were arrested on Sunday

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CAR Group CEO Cameron McIntyre says new car sales help dealers fight back as carsales.com owner trends up

On the call, McIntyre said car dealers had wrestled back some of the momentum in the Australian used car market, which has long trended towards private sales, particularly in recent years. McIntyre said

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Anti-Tesla activist calls out Elon Musk in costly Super Bowl ads

A US tech CEO’s long-running campaign against Tesla’s Autopilot has continued at this year’s Super Bowl, with two ads criticising the semi-autonomous technology aired during the NFL game. Last year technology entrepreneur Dan

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BMW reveals secret cancelled i16 supercar

These illustrations show secret plans for a new BMW supercar based on the bones of the plug-in hybrid i8 – but the pandemic in 2020 meant it wasn’t to be. View 11 images German

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Rivian’s electric pickup arrives in Australia – but there’s a catch

The Rivian R1T – the world’s first electric pickup – has been driven by members of the Australian public, but don’t expect it in showrooms any time soon. Australian firm MEVCO (the Mining

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CAR Group accelerates earnings as auto sales weather storm

A solid contribution from US-based listing business Trader Interactive, coupled with a strong performance in Australia, Brazil and Korea, has accelerated underlying earnings for carsales.com website operator CAR Group (ASX: CAR) by 63

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If You Do One Thing When Buying Car Insurance, Consider This

Buying auto insurance can seem like a challenging task. After all, there are a lot of insurance companies out there offering policies. And there are a lot of different types of auto insurance

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China's January Car Sales Up 48% From Last Year, But Down 23% Over December Sparking Concerns – CarScoops

A weak economy and a month-to-month drop in sales leads to concerns for Chinese auto sector 9 hours ago January presented a mixed picture for China’s automotive sector. While overall sales surged by

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