automotiveindustry
In his podcast addressing the markets today, while commenting on the automotive industry, Louis Navellier offered the following commentary. Alarming ISMThere was a significant Treasury bond rally this week and the 10-year Treasury bond yield fell below 2.9% on Friday. Naturally, if market rates fall this week, then it will take pressure off the Fed to raise key interest rates. However, a 0.75% key interest rate hike at the Federal Open Market Committee (FOMC) on July 27 is still likely, since the Fed remains behind market rates. Q1 2022 hedge fund letters, conferences and more The Institute of...
ValueWalk
HONG KONG, Aug 4, 2021 - (ACN Newswire) - The automotive industry is at a crossroads. Traditional automakers, or original equipment manufacturers (OEMs), are in the midst of a tsunami that not all of them will survive. What will be the reason for their demise? Besides the transition from internal combustion engine (ICE) car to electric vehicle (EV), the car industry is undergoing an unprecedented structural transformation. New technologies - autonomous, connected, electrified, sharing (ACES) - are being introduced that will make drivers obsolete; while new competitors have entered the industry...
ACN Newswire
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