Is Ferrari N.V. (RACE) Among the Best Car Stocks To Buy In 2025?
We recently compiled a list of the 13 Best Car Stocks To Buy In 2025. In this article, we are going to take a look at where Ferrari N.V. (NYSE:RACE) stands against the other car stocks.
Car stocks are the stock holdings of businesses engaged in the automotive market, such as those that produce automobiles, auto parts, or industry-related services.
According to Reuters, U.S. new car sales in 2024 grew significantly from their pandemic lows due to increased production, restocked inventory, and growing demand for hybrid cars. As per Wards Intelligence, new car sales in the United States hit 15.9 million in 2024, up 2.2% from 2023 and the highest since 2019.
In 2025, S&P Global forecasts that global sales of new light vehicles, or passenger cars and trucks, are projected to rise 1.7% to 89.6 million units. The overall reduction of 2025 automotive estimates reflects anticipated changes in US policy following the election. There will be significant impacts on the demand for vehicles as a result, particularly on interest rates, trade flows, sourcing, and the rates of BEV adoption.
Colin Couchman, executive director of global light vehicle forecasting for S&P Global Mobility, commented:
'2025 is shaping up to be ultra-challenging for the auto industry, as key regional demand factors limit demand potential and the new US administration adds fresh uncertainty from day one,' 'A key concern is how 'natural' EV demand fares as governments rethink policy support, especially incentives and subsidies, industrial policy, tariffs, and fast evolving OEM target setting.'
Chris Hopson, principal analyst at S&P Global Mobility, recently stated that consumers who are considering buying a new car are hurrying to dealers before possible price implications become apparent. The sales spikes in March and April might open the way for future volatility. In the next three months, automakers will face new, tariffed inventory and production levels in addition to unstable economic conditions.
In response to industry criticism, President Trump recently introduced a two-year relief provision linked to domestic sales and manufacturing volume, which loosened the recently imposed 25% tariffs on cars and parts. Now, automakers with U.S. factories can deduct import taxes on parts, starting at 3.75% of the suggested retail price of a car in the first year, and then 2.5% in the second year. Vehicles with 85% U.S., Canadian, or Mexican parts are exempt from tariffs, which will rise to 90% by next year. Furthermore, the administration exempted these companies from overlapping taxes on Canadian and Mexican commodities, steel, and aluminum. After industry groups warned that the duties, which went into effect in March for automobiles and on May 3 for parts, would increase auto prices, lower sales, and negatively impact service costs, the move was made.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
11 minutes ago
- Yahoo
Google Going to Trial After Doing Something Super Sketchy to Android Users
In the information age, data is gold — and Google has enough to make King Midas blush. But in this new economic paradigm, all that data comes at a price: privacy lawsuits. To amass its wealth, Google's been caught collecting personal information from users even in incognito mode, tracking location data even when location tracking is off, collecting children's personal information in violation of child safety laws, and selling millions of Americans' health data to a healthcare conglomerate — and that's just a taste. Now, Reuters reports that Google's going to trial in California after a class action lawsuit representing some 14 million state residents alleged the company gathered personal data from their phones even when they were off. The suit alleges that Google enables Android phones to send and receive info "for Google's own purposes," draining users' cellular data as they do. While the California suit is unique for going to trial, it's just one of 50 separate state class action lawsuits being brought against the tech company. Altogether, there are billions of dollars on the line. It's a big case with some major implications: can the companies that sell our phones — and in Google's case with Android, create the underlying operating system — decide whether or not we can ever turn them off? Google's response is telling. Rather than deny that it had collected data on powered-off Androids, it's saying that Android users gave their consent to Google's "passive" data harvesting when they agreed to the company's terms of service agreement, which is required to use the phone. Google is also challenging the core of the plaintiffs' argument — basically, that cell phone data doesn't count as personal property under California law. And if it isn't, then there's nothing wrong with Google taking it without permission. Ultimately, there's a lot of money riding in how the state classifies that nebulous data. George Zelcs, a lawyer representing the plantiffs, told Reuters that Android users aren't arguing against data collection when the phones are on and the apps are fired up. Instead, he notes that "these phone users unknowingly subsidize the same Google advertising business that earns over $200 billion a year." Googles usual tactic when it's caught nabbing data — to settle out of court for millions or sometimes billions of dollars — probably won't fly here, as the timeline reaches all the way back to 2016. With millions of defendants and unfathomable quantities of data at play, any sort of settlement is likely to run in the "tens of billions," according to Reuters. Time will tell whether that's less costly than if Google were to lose all that juicy data altogether. More on law: A Mother Says an AI Startup's Chatbot Drove Her Son to Suicide. Its Response: the First Amendment Protects "Speech Allegedly Resulting in Suicide"
Yahoo
13 minutes ago
- Yahoo
Howard Levitt: Working for a foreign-owned company in Canada can be risky business
In this uncertain and rapidly evolving global economic climate, Canadians are turning inward more than ever and reevaluating their position within the new world order. We are buying Canadian, travelling Canadian, celebrating Canadian virtues and values; but amidst all of this rediscovered 'Canadiana,' millions of us continue to work for companies based in the U.S. or elsewhere. Working for a foreign-owned company in Canada can feel like being in a cross-cultural relationship — full of opportunity but rife with the potential for miscommunication, mismatched expectations, and even exploitation. From the aggressive pace of U.S. capitalism to the top-down rigidity of some Asian firms, foreign parent companies often bring unspoken assumptions about loyalty, etiquette, work ethic, and what's 'normal' at work — assumptions that may clash with Canadian values and laws. As the job market globalizes, especially in sectors like tech, finance, and energy, Canadian professionals must evaluate not just the job, who's really running the show — and from where. Is it Houston or Calgary? Toronto or Tokyo? The answer to this question is more important than you think, especially when evaluating whether you will be a fit with the organization. Ultimately, however, this boils down to your personality. How you communicate, set boundaries and deal with conflict can make or break your success in these cross-border environments. Some foreign firms reward traits that others might suppress. If you are conscientious and respect hierarchy, you might thrive at a Japanese or Korean-owned company — but expect little tolerance for dissent or work-life balance (though younger generations continue to make progress on these fronts). If you are assertive and goal-driven, an American-owned firm may fit — though loyalty may be one-sided. Those who value consensus and equity may find a better match in Canadian or European firms, where protected leaves and diversity policies are ingrained. Upbringing matters, too. If you grew up equating hard work with moral virtue, you may overlook red flags. If you were raised to value rights and boundaries, you might resist being overrun — but also face friction with hierarchical employers. Canada has one of the world's most employee-friendly legal systems, with strong human rights laws, generous severance standards under common law, and courts that award damages for bad-faith conduct. But if your real boss sits in Houston, Seoul, or Beijing, things get complicated. For example: In many U.S. states, firms often rely on 'at-will' employment terms, whereby companies may terminate your employment without notice or severance pay. This makes for easy terminations, but less reward for employee loyalty and service. While 'at-will' terminations do not exist in Canada, an executive or manager based in the U.S. may resist an employee's proper severance entitlements, even with sound legal advice. Japanese and Korean companies may nominally guarantee long-term employment, but workplace hierarchy often overrides individual rights, and legal recourse is rare due to social stigma in those countries. Canadian employees should be alive to such cultural dynamics, ideally prior to signing an employment agreement. In China, while labour laws exist, they are limited, pro-business and highly ineffective in addressing or resolving employee complaints. The blurry division of power between the government and the courts, coupled with an emphasis on social stability over individual rights, means many Chinese employers remain largely unchallenged by employee grievances and complaints. Recent cases show how these clashes play out in court: China Southern Airlines (2023): The company was chastised by a Canadian court for 'abusive, unfair (and) cruel' treatment of an employee in its effort to manufacture just cause for dismissal or force a resignation. The court sided with the Canadian airline employee, awarding significant damages and reinforcing the principles of Canadian law. Tesla Canada (2023): Workers were allegedly penalized for taking protected sick leave. U.S.–style expectations led to complaints and eventual Ministry of Labour intervention, which forced Tesla to revisit their internal policies. Samsung C&T: The company reportedly retaliated against whistleblowers following its breach of U.S. federal trade laws. Settlements followed, but only after regulatory investigation and prosecution. Some traits increase your risk when working for foreign-controlled firms: High trust in employers by Canadians may lead to under-documenting important conversations, failure to seek appropriate legal or HR advice and be caught offguard in a workplace dispute. Avoiding conflict may cause you to stay silent about questionable business practices. Extreme loyalty, or a predisposition to conformity or deference, can put an employee at risk of being taken advantage of. In contrast, employees who document, ask questions and seek employment law advice early are better protected, or at least better informed when it comes to dealing with these employers. Before accepting an offer from a foreign-owned company in Canada, ask: Who really makes the decisions — your local manager or someone overseas? Does the company follow Canadian legal standards around severance, leaves and discrimination? Is your employment contract governed by Canadian law? Does the local HR/legal team have real authority, or are they just enforcing foreign policies? Always review the contract with an employment lawyer. If it limits you to the minimum protections under the Employment Standards Act, that's a red flag. Your values should align with your employer's culture and legal commitments. The law can protect you — but it will not and cannot buffer every cultural mismatch. Choose employers whose expectations respect both your rights and your personality. Because in the end, who you work for speaks volumes about who you are. Howard Levitt is senior partner of Levitt LLP, employment and labour lawyers with offices in Ontario, Alberta and British Columbia. He practices employment law in eight provinces and is the author of six books, including the Law of Dismissal in Canada. Jarret M. Janis is head of the Alberta office of Levitt LLP. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
13 minutes ago
- Yahoo
New Online Casinos Canada: RoboCat Launches New Games and Bonuses
RoboCat Reinvents Itself with a New Brand Identity to Capture Canada's New Online Casinos Audience by Introducing Bigger Bonuses and New Games Toronto, June 06, 2025 (GLOBE NEWSWIRE) -- RoboCat Casino – one of the fastest-growing new online casinos in Canada – has recently launched a new brand identity with the goal of reaching, engaging and on-boarding Canada's new online casinos audience. The new brand identity includes a reinvented platform design and interface - with a strategic use of colors and navigation design-, new games and bigger bonuses and promotions for new and existing players. Amongst the updates launched by RoboCat in Canada, the new promotions and bonuses stand out as they provide players with a larger amount of free spins, free deposit money and generous cashback bonuses, in addition to enjoying access to exclusive giveaways and extra bonuses. The renovated welcome bonus by RoboCat rewards new players with 100% extra on their first deposit + 200 free spins + a surprise bonus known as the Crab Bonus, which rewards customers with up to $300 CAD for Bets on a New Brand Identity to Stand Out from the New Online Casinos in Canada RoboCat has recognized they needed to reinvent their brand identity in order to compete efficiently with the new online casinos in Canada, which are introducing innovative and exciting features such as new real money games, bigger bonuses, faster payouts and outstanding mobile support and compatibility. The new online casino states they could not afford to stay behind the curve, and this is why they have invested an important percentage of their yearly budget to introduce these upgrades in record time, to push through the second half of 2025 and reach their goal of onboarding 50% more players by the end of the year. RoboCat Strives to Be the Name Behind Endless Gaming Options Amongst the New Online Casinos in Canada As part of a major brand upgrade aimed at winning over Canadian players, RoboCat has expanded its catalogue with thousands of new real money games, focusing on the country's most popular verticals, including online slots, table games, and live dealer games. The addition of new titles has increased the size of RoboCat's catalogue to 8,000+ games, which places it as one of the new online casinos in Canada with the largest selection of real money games, offering new and registered players access to new online gambling experiences. RoboCat has mainly focused on online slots, which is the most popular type of online gambling game in Canada, adding world class titles to their catalogue. The most relevant additions according to RoboCat Canada are: Gates of Olympus (Pragmatic Play) Book of Dead (Play'n GO) Big Bass Bonanza (Pragmatic Play) Starburst (NetEnt) Cleopatra (IGT) Mega Moolah (Games Global) Sweet Bonanza (Pragmatic Play) 9 Masks of Fire (Gameburger Studios) Buffalo King Megaways (Pragmatic Play) Gold Blitz (Fortune Factory Studios) Book of 99 (Relax Gaming) Blood Suckers (NetEnt) Mega Joker (NetEnt) Gonzo's Quest (NetEnt) Age of the Gods (Playtech) Thunderstruck II (Microgaming) Immortal Romance (Microgaming) Legacy of Dead (Play'n GO) 100x Ra (Lightning Box) Sweet Bonanza (Pragmatic Play)RoboCat's New Brand Goals Involve Being Recognized as the Online Casino with the Best Bonuses RoboCat has expressed their wish for Canadian players to recognize and recommend it as the new online casino with the best bonuses and promotions, since it is a strong selling point for attracting and on-boarding new players, as well as strengthening the relationships with existing customers. RoboCat has launched new promotions in addition to their renovated welcome bonus, which include a 50 free spins reload bonus, reload bonuses, 10-15% cashback and free cash rewards for active players, offering new and existing players a new type of online gambling experience. In addition, RoboCat has revealed they have reduced the rollover requirements for all of their new bonuses and promotions, making it easier for players to turn the bonus money into real cash they can cash out without restrictions. Therefore, the company has expressed how the introduction of these new bonuses and promotions contributes towards improving the perception of their brand in the Canadian market, as their goal is to position themselves amongst the top 10 online casinos in Canada, which has become one of the most competitive industries in the iGaming has also confirmed they are going to keep releasing new bonuses and promotions, as they believe it is one of the most powerful tools in their hands for capturing a bigger share of the Canadian online gambling industry. RoboCat Launches New Website Interface and Structure RoboCat has implemented a series of interface and accessibility upgrades designed to enhance the overall user experience across its platform. The redesigned layout offers a cleaner, more intuitive navigation structure and delivers improved responsiveness across all device types, including desktops, smartphones, and tablets. These improvements enable players to locate games more efficiently, manage their accounts with greater ease, and enjoy uninterrupted gameplay. By prioritizing usability and cross-device accessibility, RoboCat continues to advance its goal of providing a seamless and inclusive online gaming environment for all Canadian players over 18 years old to enjoy. These major upgrades focus on the gaming experience and UX provides easier access to all the sections of RoboCat in Canada, including the new games and new bonuses. Therefore, they all form part of the same strategy which aims at strengthening their brand in Canada in order to compete with the rising number of new online casinos entering the local Improves Payments Speed and Banking Experience RoboCat has strengthened its payment infrastructure to deliver faster, more reliable deposit and withdrawal services for its users. Through new partnerships with leading payment providers and the integration of advanced transaction technology, the platform now supports instant deposits and significantly faster withdrawals. These improvements reduce wait times and improve transparency across all financial interactions. With broader payment method support and a simplified user interface, RoboCat is focused on creating a smooth, secure, and efficient banking experience that meets the expectations of today's online casino players. RoboCat has also revealed it is one of their goals for Canadian players to associate their brand with easy, fast and seamless payouts, which is one of the main features an online casino can offer in the modern context of online gambling. Therefore, new and existing users can now enjoy the instant deposits and faster withdrawals provided by RoboCat, which support a more immersive and exciting online gambling the upgrades – new games, new bonuses, faster payouts and a new interface for a UX — are available now, giving access to all players instantly. About RoboCat Casino RoboCat is a newly launched online casino in Canada offering an extensive catalogue of over 8,000 games, along with a range of promotions including free spins, deposit bonuses, and cashback rewards. With fast payouts, full mobile compatibility, and dedicated customer support, RoboCat is designed to deliver a seamless and engaging online gaming experience for players across the country. Live Chat: Email: support@ Disclaimer and Affiliate Disclosure The information contained in this article is for general informational purposes only. While every effort has been made to ensure the accuracy and timeliness of the content, no guarantees are made as to its completeness or correctness. The article may contain typographical errors or factual inaccuracies, and readers are advised to independently verify all promotional details, bonus terms, game availability, and other information by visiting the official RoboCat Casino website or contacting their support team directly. This content does not constitute legal, financial, or professional advice. Any decisions made based on the information herein are at the sole discretion and risk of the reader. Online gambling is subject to local laws and regulations; users are solely responsible for ensuring that they are in compliance with applicable laws in their jurisdiction before participating in any online gaming activities. This article is intended strictly for individuals aged 18 years or older (or the legal age in their jurisdiction, if higher). The publisher of this content may receive financial compensation or other forms of consideration from RoboCat Casino or affiliated marketing partners through referral links or promotional arrangements. This includes but is not limited to commissions earned from sign-ups, deposits, or other actions taken by users who engage with RoboCat Casino through links or banners included in this article. All statements regarding product features, performance, bonuses, or offers are made by RoboCat Casino and have not been independently verified by the publisher. The publisher, its partners, and all syndication channels make no representations or warranties regarding the legitimacy, reliability, or expected outcomes of using RoboCat Casino services. No liability is assumed by the publisher or its syndication partners for any loss or damages incurred in connection with the use of the featured services. This content is sponsored and may contain marketing language or promotional claims. Readers are encouraged to perform their own research and exercise due diligence before registering or transacting with any online casino. For the latest information on bonuses, terms and conditions, or available games, please refer to the official RoboCat Casino website. CONTACT: Live Chat: Email: support@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
