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[ Wed, Dec 18th 2024 ]: Forbes
U . S . Auto Industry At Competitive Risk Asserts Blunt Report From Execs

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Exclusive Trumpteamwantstoscrapcar-crashreportingrulethat Teslaopposes
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Auto Transport Roundup Market Talk

  Copy link into your clipboard //automotive-transportation.news-articles.net/co .. 24/12/09/auto-transport-roundup-market-talk.html
  Print publication without navigation Published in Automotive and Transportation on by Wall Street Journal
          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
  Read about Porsche SE, Rheinmetall, European defense companies and more in the latest Market Talks covering the Auto and Transport sector.

The article from The Wall Street Journal discusses various updates in the auto and transport sectors. It mentions that Tesla's stock rose after Morgan Stanley upgraded its rating to "overweight" from "equal weight," citing the potential of Tesla's Dojo supercomputer to significantly enhance its market value. Additionally, Ford Motor Co. is planning to invest $3.5 billion in a new battery plant in Michigan, aiming to produce lithium iron phosphate batteries, which are less expensive than other types. In the transport sector, there's news about Southwest Airlines facing a potential $140 million fine from the U.S. Transportation Department for last year's holiday meltdown. Furthermore, the article touches on the ongoing UAW strike against General Motors, Ford, and Stellantis, with updates on negotiation progress and the economic implications of the strike. Lastly, there's a brief mention of the broader market's reaction to these developments, with some companies like Rivian Automotive experiencing stock price fluctuations due to production and delivery updates.

Read the Full Wall Street Journal Article at:
[ https://www.wsj.com/business/auto-transport-roundup-market-talk-83fa8996 ]