Stock Traders Buy High Volume of Rivian Automotive Call Options (NASDAQ:RIVN)

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Rivian Automotive, Inc. (NASDAQ:RIVN – Get Rating) saw unusually large options trading activity on Monday. Traders purchased 107,941 call options on the stock. This represents an increase of approximately 23% compared to the average volume of 87,432 call options. Insider Transactions at Rivian Automotive In other news, CFO Claire Mcdonough sold 14,235 shares of the business’s stock in a transaction dated Tuesday, November 15th. The shares were sold at an average price of $34.92, for a total transaction of $497,086.20. Following the transaction, the chief financial officer now owns 81,151 shares in the company, valued at approximately $2,833,792.92. The transaction…
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Automotive Brake Components Aftermarket Market to Grow at YOY of 2.53% between 2022 and 2023, Insights on Post- Covid Analysis and Recovery-Technavio

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NEW YORK, Jan. 23, 2023 — According to Technavio, the global automotive brake components aftermarket market size is estimated to grow by USD 14.07 billion from 2022 to 2027. The market is expected to grow at a CAGR of 3.2%. Moreover, the growth momentum will accelerate. COVID-19 negatively impacted the growth of the market, as the demand for new cars declined in 2020. However, developed economies in APAC, namely Japan, South Korea, and Australia, have been able to control COVID-19, which will support market growth in these countries. China has also controlled the spread of the disease and resumed manufacturing…
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Small Business – Shelby County Reporter

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NEW YORK, Jan. 24, 2023 /PRNewswire/ — According to Technavio, the global automotive aftermarket market size is estimated to grow by USD 164.58 billion from 2022 to 2027. The market is expected to grow at a CAGR of 6.26%. Moreover, the growth momentum will accelerate. APAC will account for 39% of the global market’s growth during the forecast period.  COVID-19 has had the most negative impact on the global automotive industry in recent years, resulting in a steep fall in demand and a large-scale disruption of the supply chain. It has exerted intense pressure on an already-stressed global automotive market.…
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Moody’s Analytics says buyers of used cars are paying 54pc more than pre-pandemic even though prices are dropping

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A gradual improvement in the availability of semiconductors has helped car manufacturers lift production levels. Semiconductors are a crucial component in the increasingly sophisticated modern electronics at the core of modern vehicles. Ms Ell said while global vehicle production had not returned to pre-pandemic levels in Europe and Asia, there had been a significant improvement. Vehicle production in Japan in October was 35 per cent higher than in 2021, but was still 11 per cent below the production rate of 2019. Households feel the squeeze Australian Bureau of Statistics figures show that during the September quarter, Australians imported $7.3 billion…
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Used cars continue to get cheaper, new research finds

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Australian wholesale new vehicle prices have fallen 12 per cent from their peak in May 2022, as normality returns to the wider supply chain and demand for pre-loved car cools. The Q4 Used Vehicle Price Report found used car prices have now decreased for seven successive months, and in January 2023 they had their first year-on-year decline since May of 2020. Moreover, used car prices are expected to continue returning to earth during 2023 as new car supply improves, and demand weakens on the back of higher borrowing costs and inflation. For more Motoring related news and videos check out…
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Cox Automotive No Motorsports at NADA 2023 Just New Solutions for Retail, Inventory and EV Readiness

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The Auto Channel Screwed By CoxEditor’s Note: In 1993 Cox Ownership wanted to create a purely motorsports entity…until the owners of The Auto Channel convinced them that success could come from serving the auto industry For two years The Auto Channel shared its proprietary knowledge with Cox including the details for an automotive entity, not a motorsports partnership between Cox and The Auto Channel…we were led to believe that because of the partnership level of discussions and agreements with the management of Cox and their telling us we had a deal we proceeded with the confidential foundation and details…
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Quite a few insiders invested in RPM Automotive Group Limited (ASX:RPM) last year which is positive news for shareholders

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When a single insider purchases stock, it is typically not a major deal. However, when multiple insiders purchase stock, like in RPM Automotive Group Limited’s (ASX:RPM) instance, it’s good news for shareholders. While insider transactions are not the most important thing when it comes to long-term investing, we would consider it foolish to completely ignore insider transactions. See our latest analysis for RPM Automotive Group RPM Automotive Group Insider Transactions Over The Last Year There wasn’t any very large single transaction over the last year, but we can still observe some trading. In the last twelve months insiders purchased 313.85k…
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Nissan Is Considering a Small Electric Pickup Truck for the US

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Report: Nissan Considering a Small Electric TruckNissanNissan currently only sells the mid-size Frontier and the full-size Titan on American shores. With the Titan struggling to sell even half as well as domestic pickup-truck stalwarts such as the Ford F-150 and Chevy Silverado 1500, it’s only a matter of time until Nissan puts its half-ton truck and heavier-duty XD sibling out to pasture. However, a report by Automotive News suggests the Japanese automaker is considering building a small electric pickup for the US that might not only help offset the Titan’s inevitable death but also appeal to new types of…
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