automotive

Ford Motor Co (NYSE: F) was trading slightly lower on Thursday after dropping more than 2% on Wednesday when the company’s product development chief Jim Baumbick warned that “dramatic reductions” in the complexity of Ford’s vehicle lineup will begin next year. Shares of...

Ford Motor Co (NYSE: F) shares are trading lower in Thursday's after-hours session after the company turned in mixed fourth-quarter results. What Happened: Ford reported fourth-quarter revenue of $44 billion, which beat average analyst estimates of $40.37 billion, according to ...

A recent tweet by "CarDealershipGuy" grabbed a lot of attention. About 1.84% of auto loans are now "severely delinquent," he said, citing Cox Automotive data. That's the highest rate since February 2009 — a time when the global automotive industry spiraled as a result...

Carvana Co's (NYSE: CVNA) mission to revolutionize the car-buying experience by taking it 100% online may have backfired. What Happened: Oppenheimer on hosted a virtual bus tour focused on the digital auto space in mid-December. The firm met with senior leadership members of...

There's no question 2022 has been a brutal year for auto stock investors. Shares of General Motors Company (NYSE: GM) and Ford Motor Company (NYSE: F) are down more than 40% this year, while shares of Tesla Inc (NASDAQ: TSLA) are down nearly 70%. CFRA auto analyst Garrett Nelson recently...

It has been a tough year for ride-sharing stocks.  Uber Technologies Inc (NYSE: UBER) is down 43.27% year to date, while LYFT Inc (NYSE: LYFT) is down 75.9% year-to-date against the benchmark S&P 500 (NYSE: SPY)'s 19.66% dropo.  The situation is even worse for Getaround Inc (...

Shares of Carvana Co (NYSE: CVNA) are experiencing upside volatility Friday, following a report suggesting lenders do not expect the company to file for bankruptcy soon. The stock was trading 13.1% higher at $5.61 late Friday morning after it resumed trading following a circuit breaker halt. ...

Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened On Nov. 28, 1895, Chicago hosted the nation’s first horseless-carriage race. Where The Market Was The S&P 500 traded near $4.32. What Else Was Going On In The World Earlier that month,...

Lordstown Motors Corp (NASDAQ:RIDE) and Lucid Group Inc (NASDAQ:LCID) shares are hitting the brakes Wednesday after the EV startups failed to dazzle investors with their quarterly results.  Rivian Automotive Inc (NASDAQ:RIVN) is the next EV company in line to report third-quarter results. Here...

  Qualcomm Inc (NASDAQ: QCOM) unveiled partnerships with top manufacturers to propel the development of the next generation of connected vehicles Thursday at its Automotive Investor Day.  With the Snapdragon Digital Chassis, a collection of integrated technologies that enable...

Ford Motor Company (NYSE: F) stock was plunging Tuesday after the legacy-turned-EV manufacturer announced that it’s unable to roll out 40,000 to 45,000 vehicles this quarter due to a shortage of some parts. The company said the supply shortage mainly affects its most popular models with the...

On Friday, one auto analyst downgraded the stocks of three auto dealers and suppliers as auto market pressures persist. The Analyst: Bank of America analyst John Murphy issued the following three auto industry ratings changes: American Axle & Manufact. Holdings, Inc. (NYSE: AXL) downgraded...

The Federal Reserve has the primary responsibility and role in bringing inflation down, but President Joe Biden's administration can focus on the supply chain and energy markets to help alleviate the pains of inflation, Treasury Secretary Janet Yellen said Thursday at the Ford...

Ford Motor Co (NYSE: F) gapped down 0.85% on Thursday to start the trading day and slid an additional 2.12% off the open before running into a group of buyers who pushed the stock up to work toward printing a dragonfly doji candlestick on the daily chart. The stock appeared to be ignoring news that...

Editor's note: The headline of this story has been updated to correct an error in the Tesla stock split figure.  Tesla, Inc (NASDAQ: TSLA) Inc was trading mostly flat on Thursday following a 3-1 stock split. The split brought shares of the electric vehicle giant down from Wednesday’s...