automotive

Analysts are adjusting price targets and investors are double checking their portfolios after the most valuable (and arguably most popular) automaker split its stock into three.  What Happened: Tesla Inc (NASDAQ: TSLA) shares began trading on a split-adjusted basis...

The state of California is slated to put into effect on Thursday Gov. Gavin Newsom's 2020 plan to prohibit the sale of new gasoline-powered cars and pickup trucks by 2035. What happened: The California Air Resources Board's regulations mandate that by 2035, 100% of all new...

For Tesla Inc (NASDAQ: TSLA) bulls, there are a lot of reasons to be excited about the future of the company. But most of these bull cases include some sort of full automation: self-driving cars that will open up a whole new market for Tesla, such as self-driving taxis and a subscription model...

Ford Motor Co (NYSE: F) shares are trading higher Thursday after a bullish day in the general markets on Wednesday helped the stock close up over 2%. The legacy-turning-electric vehicle manufacturer has spent the last five trading days consolidating after a massive six-day post earnings ramp saw...

When an issue makes a large move in the after-hours or premarket session off an earnings report, it can be difficult to determine whether the move will continue in that direction. This is the scenario investors who are long Ford Motor Company (NYSE: F) were confronted with following Dearborn...

Senate Majority Leader Chuck Schumer and Democratic Sen. Joe Manchin have agreed to vote on the “Inflation Reduction Act of 2022,” which has at its core measures to tackle inflation including paying down national debt and lowering energy and healthcare costs. “After...

Tesla Inc (NASDAQ: TSLA) shares are putting the pedal to the floor Thursday after the EV company reported numbers that were better than feared. Jim Cramer applauded the results, but was it enough to get the longtime Ford Motor Co (NYSE: F) bull to favor the Elon Musk-led company? What To...

Legacy Detroit automaker General Motors Company (NYSE: GM) has unveiled its latest electric vehicle model that will help the company in a transition to a deeper focus on the EV sector. What Happened: Chevrolet, a General Motors band, unveiled the 2024 Blazer EV Tuesday. The company said...

A major automaker is selling subscriptions for several add-on features in certain countries. Could this be the beginning of microtransactions for the auto industry? What Happened: BMW (OTC: BMWYY) is launching subscriptions for several services including heated seats that come with new monthly...

As consumer spending and pricing power decrease, the automotive industry continues to struggle. In another blow to the sector, UBS Group AG (NYSE: UBS) lowered its 2023-24 earnings per share expectations Wednesday for General Motors Company (NYSE: GM) and Ford Motor Company (NYSE: F). What...

Among the thousands of car models, names like the Ford Mustang and the Porsche 911 stand out as some of the most iconic vehicles ever created. On the other hand, certain cars have been produced that have come off as ridiculous in the long run in terms of design, safety, aesthetics, and feel....

Ford Motor Company (NYSE: F) opened lower on Wednesday in sympathy with the general market, which saw the S&P 500 trading over 1% lower. The legacy automaker-turning-electric vehicle giant, which plans to take on Tesla, Inc (NASDAQ: TSLA) in a battle for market share, has recently been flashing...

Ford Motor Company (NYSE: F) reported first-quarter adjusted earnings Wednesday of 38 cents per share, beating the consensus estimate of 29 cents per share. The company also reiterated fiscal 2022 EBIT guidance for between $11.5 billion and $12.5 billion and adjusted free cash flows between $5...

Automotive giant Ford Motor Co (NYSE: F) reported first-quarter financial results after market close Wednesday. Here are the key highlights for investors. What Happened: Ford reported first-quarter revenue of $34.5 billion, down 5% year-over-year. The revenue total came in ahead of a Street...

The North American International Auto Show is returning for the first time since January 2019, and this time it’s being held when the weather in Detroit is good for something more than ice fishing.  An indoor-outdoor Detroit auto show is planned for Sept. 14-25 at downtown’s...