automobiles

The trade relationship between the U.S. and Mexico, America's top trading partner in 2023, entered a new phase of tension. President-elect Donald Trump's recent pledge to impose 25% tariffs on all imports from Mexico and Canada, as soon as he returns to the Oval Office in January, has sent ripples...

Wolfspeed Inc (NYSE:WOLF) shares are tumbling in Wednesday’s after-hours session in the wake of the company’s third-quarter financial results. Wolfspeed announced initiatives to streamline its cost structure. Here’s a rundown of the report. Q1 Revenue: $194.7 million, versus...

Ford Motor Co (NYSE:F) reported financial results for the third quarter after the market close on Monday. Here’s a look at the key metrics from the quarter. Q3 Earnings: Ford reported third-quarter revenue of $46.2 billion, beating the consensus estimate of $41.88 billion, according to ...

Electric vehicle giant Tesla Inc (NASDAQ:TSLA) could share more details on demand and a strategy for the upcoming Cybercab when the company reports third-quarter financial results after market close Wednesday. The Tesla Analyst: Wedbush analyst Daniel Ives reiterated an Outperform rating on Tesla...

Automotive giant General Motors Co (NYSE:GM) will likely highlight the progress the company is making in electric vehicle production when the company reports third-quarter financial results before the market opens Tuesday. Earnings Estimates: Analysts expect General Motors to report third-quarter...

General Motors Co. (NYSE:GM) shares are trading higher on Wednesday. The rise comes after positive analyst notes from Wedbush Securities and RBC Capital, which reiterated their bullish stances on the automaker's future. During the 2024 Investor Day, GM's management also provided crucial updates on...

Carvana Co (NYSE:CVNA) reported financial results for the first quarter Wednesday after the bell. Here’s a look at the key metrics from the quarter. Q1 Earnings: Carvana reported first-quarter revenue of $3.061 billion, which beat the consensus estimate of $2.673 billion, according...

Nissan Motor Co Ltd (OTC:NSANY) (OTC:NSANF) revised its financial forecast, first made on Feb. 8, 2024, for the full fiscal year ending March 31, 2024. The carmaker slashed its annual operating profit forecast to 530 billion yen ($3,428,268,430) from the previous guidance of 620 billion yen ($4,010...

Former National Football League and NCAA Football star O.J. Simpson died Wednesday after a battle with cancer. In a weird coincidence, a vehicle forever linked to Simpson also had a headline of its own Wednesday. What Happened: Automotive giant Ford Motor Co (NYSE:F) announced a recall of 42,652...

Three of the leading U.S. automotive companies face uncertainties after a contract dispute with the United Auto Workers (UAW) union was not resolved Thursday night. Union workers at several Ford Motor Co (NYSE: F), General Motors Co (NYSE: GM) and Stellantis NV (NYSE: STLA) are now on...

The United Auto Workers (UAW) President Shawn Fain sent a resounding warning to Big 3 automakers Ford Motor Co (NYSE: F), General Motors Co (NYSE: GM) and Stellantis NV (NYSE: STLA), signaling an imminent strike is on the horizon if the union's demands aren't met....

Adient PLC (NYSE: ADNT) reported second-quarter FY23 sales growth of 12% Y/Y to $3.91 billion, beating the consensus of $3.76 billion. Revenues benefitted from higher volumes and slight commercial recoveries in the quarter.  Gross profit increased to $250 million from $175 million a...

General Motors Company (NYSE: GM) shares dropped 4% on Thursday after the company announced it will be idling production at its Fort Wayne plant for two weeks in late March. On Friday, one analyst said the sell-off is a buying opportunity for investors. The Analyst: Bank of America analyst John...

Cars shape the way we live our lives. For most, it is a way to get from one place to another, but others see it as a symbol of status or a collector's item. Since the Model T, cars have been integral to American culture with the pros outweighing the cons.   For investors, one...

Ford Motor Company (NYSE: F) crushed Wall Street expectations, with quarterly revenue at $40.2 billion, up 50% year-over-year, and adjusted earnings 68 cents per share, versus a consensus of 45 cents per share. RBC Capital Markets On Ford Motor Company Analyst Joseph Spak maintained a Sector...