General Motors warns of yet another EV-related writedown, less than a month after rival Ford Motor announced its own multibillion-dollar charges related to fading demand for EVs. ...

Key Takeaways As we start out 2026, used car pricing is showing anticipated seasonal movement, with one important twist. According to the December 2025 release of the Used Car Price Trends report from Carfax, year-end shifts are once again giving buyers more negotiating leverage. This time, however, the most meaningful changes are happening in hybrids and electric vehicles (EVs). Late-year moves from 2025 are offering early signals about where prices may go next. While some vehicle categories are holding re ...

Core Insights - BYD has released preliminary sales data for 2025, indicating a potential lead over Tesla in global sales of electric vehicles [1] Company Summary - BYD's sales data suggests a strong growth trajectory, positioning the company to surpass Tesla in the global electric vehicle market [1] Industry Summary - The electric vehicle market is becoming increasingly competitive, with BYD's sales performance highlighting the shifting dynamics between leading manufacturers [1]

Key Points Investors love Rivian lately, and it's in a better state than Lucid. But both EV stocks are burning cash fast. Tesla suffers from negative PR, but it's one of the only profitable, cash-generative EV stocks in the world. 10 stocks we like better than Lucid Group › Are you ready for a bold prediction (that's really patently obvious)? OK then, here goes: Rivian Automotive (NASDAQ: RIVN) and even more so Lucid Group (NASDAQ: LCID) are both going to zero. And now, I'll tell you why. Image s ...

Automakers in China recorded a surge in November exports to various markets across the globe.Exports Grew 87% In NovemberChinese EV exports grew 87% in November this year, as automakers exported over 199,836 vehicles this month out of the country, data collated by Bloomberg showed on Monday. Chinese exports to Mexico recorded a growth of over 2,367% YoY as the country sent over 19,344 EVs to Mexico. The figure represents the highest exports among all nations or territories.Exports to countries in Europe gre ...

U.S. stock market cooled on Friday, Dec. 26, as investors stepped back after a strong pre-Christmas rally. Following a record-breaking Christmas Eve session, the Dow Jones Industrial Average fell 96.62 points, or 0.20%, to 48,634.54. This cooling period is common during the final trading week of the year, characterized by lower trading volumes and investor rebalancing. While the S&P 500 slipped a marginal 0.07% to 6,927.29, the tech-heavy Nasdaq Composite remained nearly flat, shedding just 0.21 points to ...

Core Insights - New car sales in Europe increased year-on-year in November for the fifth consecutive month, driven by a rise in electric vehicle (EV) registrations in key markets such as Germany, Italy, and Spain [1] Group 1 - The increase in new car sales is attributed to the growing popularity of electric vehicles [1] - The data is sourced from the European auto lobby ACEA, indicating a positive trend in the automotive industry [1] - Key markets contributing to this growth include Germany, Italy, and Spain, highlighting regional variations in EV adoption [1]

Core Insights - The company is incurring $19.5 billion in charges related to its electric vehicle (EV) investments as it adapts to consumer trends [1] Financial Impact - The $19.5 billion charge reflects the company's strategic shift towards aligning with evolving consumer preferences in the EV market [1]

Ford Motor to take big EV charge, Bitcoin dips below $86,000, Trump forms Tech Force, and more news to start your day. ...

The writedown is one of the largest financial hits suffered by a carmaker to date - Scott Olson/Getty Images Ford will take a $19.5bn (£14.5bn) hit after cutting back electric vehicle (EV) production because of a slump in demand from drivers. The US car giant said it was scrapping plans to invest significant sums into EVs in future, including the production of large battery-powered pickup trucks, after “lower than expected” uptake cost the Detroit carmaker billions in losses. Instead, it will plough mo ...