Live updates: ASX finishes flat, car sales slow after EV …

Live updates: Polestar quits car lobby over CO2 emissions scheme, US ...Flat finish for ASX as investors consider possible November rate hike ...Live updates: ASX to open lower after mixed session on Wall Street ...

$2
OFF

ASX Gains, Insignia’s $2.9B Bid, EV Sales Stall - Colitco

2 weeks from now

Jan 6, 2025 · The ASX edges higher as Insignia Financial receives a $2.9B bid. Record car sales slow, and EVs stagnate. ... EV Sales Slow Amid Record Car Sales. Australia’s automotive …

colitco.com

$5
OFF

ASX Trims Gains After Robust CPI; Perpetual Drops - Financial Review

2 weeks from now

Apr 24, 2024 · The benchmark S &P/ASX 200 Index was flat at ... the worst performers on the ASX 200 after it booked $5.2 billion in net outflows in the March quarter. Total assets under …

afr.com

$17
OFF

Flat Finish For ASX As Investors Consider Possible November Rate …

2 weeks from now

Oct 25, 2023 · ASX finishes flat after hotter-than-expected inflation data. ... Woolworths sales total $17.2b since July as food inflation costs affects prices. ... Live updates on the major ASX …

abc.net.au

2%
OFF

Electric Car Sales Have Slumped. Misinformation Is One Of The

2 weeks from now

Oct 20, 2024 · Battery electric vehicle sales in Australia have flattened in recent months. The latest data reveal a sharp 27.2% year-on-year decline (overall new vehicle sales were down …

news24.com

FAQs about Live updates: ASX finishes flat, car sales slow after EV … Coupon?

What's going on with the ASX & EV market?

The ASX has made marginal gains, dragged down by miners, while EV sales are flatlining despite a record year for car sales. In corporate news, wealth manager Insignia Financial has jumped on a second takeover bid in three days, from another US private equity firm. ...

Why is the EV Council calling for a 'public vehicle sales dashboard'?

The EV Council is calling for a "public vehicle sales dashboard" after a dispute that's left Australian car sales data in a confused spot. The dispute came to a head last year, when the EV brand Tesla and Geely electric car brand Polestar both announced they were leaving the industry's main automotive lobby group. ...

Why did the ASX lose momentum?

The ASX lost momentum across the session after a strong opening to the day. The ASX 200 ended flat at 8,249 points, having opened the day 0.4% higher. Property, technology and energy stocks generally outperformed the rest of the market. The miners were the biggest drag. ...

Why is the EV market slowing down?

For four months in a row, EV sales have been in decline in North America, while growth, when adjusted for overall market trends, has ground to a halt (but not yet worked backwards) in Europe. Even China has seen a contraction in the market as the country’s economy stutters. There are several causes for this global EV slow-down. ...

What's going on with the ASX stock market?

Losses on the ASX have extended, dragging the sharemarket more than 1 per cent lower as trading enters its final hour. Miners are leading the losses, down 2.3 per cent. Banks are close behind, falling 1.5 per cent. Commonwealth Bank and BHP – the index’s two largest stocks – are both down around 2 per cent. ...

Will EVs overtake hybrid cars in 2024?

In the first half of 2024, the market share of EVs has also increased to 7.9 per cent, however there’s still a long road ahead before they overtake hybrid cars (currently at 12.9 per cent, based on 81,619 sales year-to-date), let alone petrol and diesel cars at 43.1 and 30.7 per cent respectively (466,615 sales combined). ...