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Soaring Gas Prices Could Put Korean Automaker's Sales Ahead Of Ford
Investor's Business Daily3h agobullish
Soaring Gas Prices Could Put Korean Automaker's Sales Ahead Of Ford

Demand for hybrid cars has become so significant it could reorder the scoreboard for automakers in the U.S. A new U.S. sales forecast shows Ford giving up its no. 3 spot, while Hyundai stands to steal Ford's place for the third quarter. Cox Automotive predicts the South Korean automaker will sell 511,421 vehicles during the July-September period, a 6.5% bump...

GM’s CarPlay U-Turn: A Three-Year Bet Against Buyer Preference Finally Reverses
Insider Monkey1d agobullish
GM’s CarPlay U-Turn: A Three-Year Bet Against Buyer Preference Finally Reverses

Three years ago, General Motors Company (NYSE:GM) bet that its own in-house infotainment software could replace Apple CarPlay and Android Auto in the minds and dashboards of its customers. On September 15, the company confessed that the gamble had not paid off. GM is integrating both smartphone projection systems more deeply into its new interface, […]

Gary Black Explains Tesla’s US EV Market Share Surge, Points to Legacy Retreat, Model Y Rejig: ‘It’s Implausible…’
Benzinga10d agobullish
Gary Black Explains Tesla’s US EV Market Share Surge, Points to Legacy Retreat, Model Y Rejig: ‘It’s Implausible…’

Investor Gary Black says that Tesla Inc.‘s (NASDAQ:TSLA) dominance over the U.S. domestic EV market could be attributed to a scaling down of EV efforts by legacy automakers, among other reasons. Model Y Rejig Drove Higher Sales In a post on X on Sunday, the Future Fund LLC co-founder quoted a post by Tesla investor and influencer Sawyer Merritt, which referenced a Wall Street Journal article about Tesla’s market share in the U.S. EV sector. “Correlation is not causation,” outlining “two main rea