Catenaa, Tuesday, March 18, 2025- The shares of Chinese electric vehicle maker BYD jumped to a record on Tuesday, passing the $162 billion market value, after the company unveiled a line-up of electric vehicles that can charge in five minutes. BYD’s stock climbed as much as 4.36% by 3,30 in the afternoon in Hong Kong, […]
Catenaa, Thursday, March 27, 2025- US President Donald Trump imposed 25% duties on all cars and light trucks not made in the US and certain auto parts widening the trade war he initiated when he took office in January. “This will continue to spur growth that you’ve never seen before,” Trump said from the White House […]
Catenaa, Tuesday, April 15, 2025- US auto shares fell on Tuesday despite President Trump delaying auto tariffs after Barclays downgraded the sector to “negative”. Barclays on Tuesday downgraded US autos and mobility sector to “negative” from “neutral”, warning that President Donald Trump’s tariffs could pressure automakers’ earnings and curb investments. Following the downgrade, shares of […]