Month: November 2021

Car & Automotive

Here’s Why Cars.com Stock Is Bucking the Trend Today

What happened

Shares of automotive marketplace platform Cars.com (NYSE:CARS) are bucking the trend in the markets today. While the Dow Jones Industrial Average is dropping almost 1,000 points, or 2.75%, Cars.com stock is soaring. As of 11:39 a.m. ET, Cars.com shares were trading near highs of the day, up just over 19%.

So what

The surge in shares comes on the first trading day after it was announced that Cars.com stock will be added to the S&P SmallCap 600 index. That change won’t occur until Dec. 2, but a move into an index will cause some mutual and exchange-traded index funds to buy the shares. That has other investors jumping in ahead of them today.

People shaking hands while one hands car keys to the other.

Image source: Getty Images.

Now what

Cars.com will replace DSP Group, which is being acquired by S&P MidCap 400 member Synaptics in a deal expected to close Dec. 2. Today’s surge in the share

Car & Automotive

Member Advantages

By Michael J. Moody 10 hours ago

Car & Automotive,automotive industry,Car & Mechanical,Car & Classic,motorcycle Transport infrastructure consists of the mounted installations, including roads , railways , airways , waterways , canals and pipelines and terminals similar to airports , railway stations , bus stations , warehouses , trucking terminals, refueling depots (including fueling docks and fuel stations ) and seaports Terminals could also be used both for interchange of passengers and cargo and for maintenance. It had been assumed that automotive services could be readily transformed for plane production, however this proved more difficult than anticipated. Car meeting crops did not readily accommodate airframes, nor may an car engine manufacturing facility be transformed without substantial modification. These problems had been eventually resolved, and vehicle firms contributed significantly to aircraft production.

Beginner: Search for safety tech (ABS, traction management) and a modest engine measurement. Between 300 and 400 cc is good. Most producers sell an entry-level motorcycle that appears like a race bike, but it … Read More

Car & Automotive

The best and worst electric cars on the market

By Michael J. Moody 12 hours ago

The best and worst electric cars on the market

Caitlin McCormack

1 day ago

Full Screen

The best and worst electric cars on the market

Electric vehicles are a fast-growing segment of the automotive market, and the trend is only expected to continue as manufacturing costs decline and sales incentives carry on. If you’re in the market for an EV, here are 10 you should consider, and 10 you should avoid.

Microsoft and partners may be compensated if you purchase something through recommended links in this article.

Best: Hyundai Kona Electric

The Hyundai Kona Electric boasts a maximum range of 415 kilometres (258

Car & Automotive

Lowest October UK Car Output Since 1956 Amid Chip Shortage | Investing News

By Michael J. Moody 19 hours ago

LONDON (Reuters) – British car output fell by an annual 41.4% last month to its lowest October level since 1956 as the global lack of semiconductor chips and a plant closure hit the sector, according to a trade industry body.

A total of 64,729 cars rolled off British production lines, data from the Society of Motor Manufacturers and Traders (SMMT) showed on Friday.

The fall reflected the global supply chain problems and Honda’s permanent closure of its factory in late July.

Car output in the first 10 months of the year stood at 721,505 vehicles, down 2.9% on 2020 when sites were closed for months as the coronavirus pandemic hit Britain.

Full-year car and van output will be below 1 million for a second consecutive year but is expected to return to above that level in 2022, the SMMT said, citing an independent forecast by AutoAnalysis.

“Britain’s automotive sector is