2024 Year-End Review | Honda and Nissan Merger, Volkswagen "Internal Slimming" Global Car Market Faces Layoffs and Factory Closures Frenzy.
On December 23, Honda Motor and Nissan Motor jointly announced that they have signed a memorandum of understanding regarding a merger, which will officially initiate merger negotiations; Previously, Volkswagen issued a statement that it would reduce more than 0.035 million employees at its German factories by 2030; According to incomplete Statistics by reporters, in just a few months approaching the end of the year, nearly 10 companies in the Global automotive Industry are experiencing painful layoffs or have already made corresponding decisions.
Morgan Stanley Maintains Ferrari(RACE.US) With Buy Rating, Maintains Target Price $520
Ferrari (RACE) Receives a Buy From Morgan Stanley
Ferrari Devised A Clever Way To Play Customers, But Rolls-Royce And Maserati Took A Different Route – 'A $250,000 Car Is An Impulse Buy'
Ferrari Continues Strategic Share Buyback Program
Automotive Sector To Remain Robust In 2025 Supported By EV Incentives
Europe Car Sales Dip as Automakers Battle Consumer Slowdown
U.S. Auto Sales Next Year Expected to Be Best Since 2019
Express News | The USA Environmental Protection Agency has approved California's landmark plan to stop selling pure Autos by 2035. (Bloomberg)
California Gas Car Ban Wins Biden Blessing in Clash With Trump
Express News | U.S. Environmental Protection Agency Approves California's Landmark Plan to End the Sale of Gasoline-Only Vehicles by 2035 -- Statement
Barclays Maintains Ferrari(RACE.US) With Buy Rating, Cuts Target Price to $509.34
AlphaValue/Baader Europe Upgrades Ferrari to Add, Lifts PT
Analysts Offer Insights on Consumer Cyclical Companies: Ferrari (RACE) and General Motors (GM)
The Trump team's plan to overturn Biden's policies presents significant changes for the USA's Autos Industry.
The Trump transition team suggested comprehensive reforms to cut support for electric Autos and charging stations.
Bernstein Maintains Ferrari(RACE.US) With Buy Rating, Announces Target Price $575
RBC Capital Maintains Ferrari(RACE.US) With Buy Rating, Raises Target Price to $494.53
RBC Capital Reaffirms Their Buy Rating on Ferrari (RACE)
Ferrari Continues Multi-Year Share Buyback Program With Sixth Tranche
Report: Trump's transition team will revoke Biden's electric vehicle and emissions policies.
According to Reuters, the transition team's plan includes eliminating the Consumer tax credit for Electric Autos purchases, imposing tariffs on all Battery materials globally, and withdrawing Biden's support for Electric Autos and charging infrastructure.