Your email has been successfully added to our mailing list.

×
0 0 0 0.000828500414250189 -0.00414250207125109 -0.00248550124275057 -0.00414250207125109 -0.00331400165700076
Stock impact report

Trump says small cars can bring down big prices. Here's why that's unlikely [CNN]

Stellantis N.V. Common Shares (STLA) 
Company Research Source: CNN
“Manufacturers have long wanted to do this, just like they are so successfully built in other countries,” Trump said in a Truth Social post after meeting with auto executives?in early December. “START BUILDING THEM NOW!” But even the mini cars' mini price tags aren't likely to solve pricing issues, experts say. While Trump claims to have rolled back regulations that he blames for keeping small cars off US roads, the truth is there is no minimum-size rule for vehicles sold in America as long as they meet safety standards. What stops automakers, both foreign and domestic, from building such cars here, or even importing them, is much simpler: Americans have shown, repeatedly, they just don't want those cars. The “kei” cars, popular in many parts of Asia, can cost as little as $8,000 or $10,000. In contrast, the average price of a new car in the United States is currently around $50,000. Having new cars that cheap would be an answer to affordability issues for many car buyers — a Show less Read more
Impact Snapshot
Event Time:
STLA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for STLA alerts
Opt-in for
STLA alerts

from News Quantified
Opt-in for
STLA alerts

from News Quantified