The electric vehicle boom is only accelerating. In fact, according to NBC News, “The auto industry is shifting from internal combustion technology to emissions-free battery and hydrogen powertrains. Several traditional brands have also committed to a complete transition, with Bentley recently laying out a target date of 2030 to switch entirely to battery-electric vehicles, or … Continue reading “Five Top Electric Vehicle Stocks for 2022”
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General Motors Cuts Dividend and Buyback Program
2020 has not been kind to dividends. Thanks to the coronavirus, General Motors (GM) just cut its quarterly cash dividend and its share buyback program. All as the virus does severe damage to global auto sales. “We continue to enhance our liquidity to help navigate the uncertainties in the global market created by this pandemic,” … Continue reading “General Motors Cuts Dividend and Buyback Program”