Etiqueta: Report

BYD's Yuan family achieves 1 million sales milestone, highlighting success in NEV market with SUV lineup, amidst ongoing model expansions.

Chinese firms have reported a decline in sales and a hit to brand image as a result of the EU's recently concluded anti-subsidy probe

(Bloomberg) -- As in past disputes, China looks to be readying a series of actions to punish the European Union for its proposed tariffs on electric cars.Most Read from BloombergCar Dealerships Across US Halt Services After CyberattackWhat to Know About the Deadly Flesh-Eating Bacteria Spreading in JapanHedge Fund Talent Schools Are Looking for the Perfect TraderPutin’s Hybrid War Opens a Second Front on NATO’s Eastern BorderNvidia’s 591,078% Rally to Most Valuable Stock Came in WavesThings were

BoA argues GM, Ford and Stellantis either face a future of funding continued losses in China or they can redeploy resources to finally become competitive with Tesla—but they can't do both.

Boyd Group Services Inc. (TSE:BYD – Get Free Report) declared a quarterly dividend on Monday, June 17th, Zacks reports. Investors of record on Sunday, June 30th will be given a dividend of 0.15 per share on Monday, July 29th. This represents a $0.60 annualized dividend and a dividend yield of 0.23%. The ex-dividend date of […]

Boyd Gaming Co. (NYSE:BYD – Get Free Report) was the target of a significant growth in short interest in the month of May. As of May 31st, there was short interest totalling 3,950,000 shares, a growth of 8.5% from the May 15th total of 3,640,000 shares. Approximately 5.4% of the company’s stock are short sold. […]

BYD has made team changes to its smart driving development center to increase its focus on in-house technology, according to local media.

TOKYO (Reuters) -Japan's weak yen sharply boosted the value of exports in May but the volume of sales shrank for the fourth consecutive month, highlighting that global demand is still relatively soft and complicating the central bank's monetary tightening path. The Bank of Japan last week took a step forward to reduce its huge bond purchases as part of plans to exit years of massive stimulus. The soft underbelly in the trade report though adds to the picture of a fragile economy, making future interest rate hikes far from assured.

Legacy U.S. automakers such as Ford Motor and General Motors should leave the China market to preserve capital amid the costly electric vehicle (EV) transition, a leading auto analyst said on Tuesday. “I think you have to see the [Detroit Three] exit China as soon as they possibly can,” said John Murphy, Bank of America Securities analyst, at his annual presentation of “Car Wars,” a closely watched industry report. Murphy's guidance for the Big Three came during a discussion of the harsh cost-cutting measures they would have to take to be competitive with EV manufacturers like Tesla, as well as carmakers abroad.