The automotive industry is undergoing a rapid transformation. Automakers and technology giants such as General Motors (GM), Alphabet (GOOGL) and Tesla (TSLA) racing with and against each other to develop electric cars, autonomous vehicles and mobility services.
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Additionally, with new-car buying hampered by the chip shortage, used-car buying was picking up the slack until now. The used car market had a rough 2022. CarMax (KMX) led the way down, as used car prices set a record decline in December, 2022.
Bookmark this page to stay on top of the latest auto-sector trends and technology.Stay up with ongoing coverage of industry leaders and disruptors. These include General Motors, Ford (F), Toyota Motor (TM), BYD CO (BYDDF), Alphabet’s Waymo and ride-hailing services pioneer Uber. Plus China-based Li Auto (LI).
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The post Automotive Industry News, Self-Driving Cars And Stocks To Watch appeared first on Investor’s Business Daily.
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