automakers

The European Automobile Manufacturers' Association (ACEA) called for a comprehensive plan to transition to zero-emission mobility in Europe during a meeting it chaired at the IAA 2019 conference in Frankfurt, Germany on Sept 11.  Carlos Tavares, president of ACEA, stated that the association wants...

U.S.-based automaker Ford Motor Company (NYSE: F) and German counterpart Volkswagen AG announced Friday an expansion of their global alliance to include autonomous driving and electric vehicles. The Detroit News first reported on the partnership Wednesday night. What Happened Ford and Volkswagen...

The big carmakers had mixed sales results in June, with the market showing continued demand for light trucks and SUVs, but declines in sales of passenger cars. The nameplates that have made a push into truck sales were the better performers in June.  Fiat Chrysler Automobiles NV (NYSE:...

Fiat Chrysler Automobiles NV (NYSE: FCAU)'s merger talks with European automaker Renault fell apart, and the next step for the company is a return to "business as usual," according to Peter Cappelli, a management professor at Wharton School of Business. What Happened Fiat...

Ford Motor Company (NYSE: F)'s days of producing a "one-car-fits-all worldwide strategy" have passed — which makes it the only auto stock worth buying, according to CNBC's Jim Cramer. What Happened Ford's transformation is the "real deal" as the company no...

General Motors Company (NYSE: GM) is closing five plants in 2019 as part of plans to cut $4.5 billion in costs and lower capital expenditures by $1.5 billion by 2020, the automaker said Monday.  Assembly lines in Oshawa, Ontario; Detroit; and Warren, Ohio, and propulsion plants in White Marsh...

Ford Motor Company (NYSE: F) reported mixed third-quarter results Wednesday, but that didn't stop investors form buying up the stock. Shares closed higher by 9.9 percent at $8.99. That's the biggest move for the stock since Aug. 9, 2011, when shares jumped about 10 percent from $9.78 to $10...

Shares of General Motors Company (NYSE: GM) were trading lower by more than 3 percent early Monday morning likely in reaction to a downgrade by analysts at Goldman Sachs. The firm's David Tamberrino downgraded General Motors' stock rating from Neutral to Sell with an unchanged $32 price target (see...

General Motors Company (NYSE: GM) reiterated at the end of August its year-end target of lowering its 88 days of U.S. inventory down to 70 days. However, after taking a deep dive into the automaker's prospects, Buckingham Research Group's Joseph Amaturo has some doubts the targets can be...

Shares of Fiat Chrysler Automobiles NV (NYSE: FCAU) are higher by more than 70 percent since the start of 2017, but analysts at Deutsche Bank aren't ready to call for an end to the stock's run. The firm's Rod Lache maintains a Hold rating on the Italian-listed stock but noted the risk to reward...

Good things happen if you’re Tesla Inc (NASDAQ: TSLA), not so good things if you’re any other automaker. “Consumers are going to feel better purchasing a used Tesla as opposed to a used traditional car with hundreds of thousands of miles on it,” Gene Munster, managing...

Fiat Chrysler Automobiles NV (NYSE: FCAU) was trading higher Wednesday on news suggesting a potential spinoff of its Maserati line and other parts. Jefferies analysts Philippe Houchois and Ashik Kurian had been excited even ahead of reports, when the market passed mere speculation of interest by...

June signaled continuity for the year's auto trend, as automakers continued to report lackluster sales. The sixth month of the year had the same selling days in 2017 as that of 2016. As the trend would have it, car sales continued to head southward. With U.S. automakers looking to wean them off...

With the economy faring relatively well amid resurgence in consumer confidence and in turn spending, the milieu is relatively favorable for auto and auto-related stocks. Added to the positive macroeconomic backdrop, automakers have been very lavish in splurging incentives to lure customers....

Shares of automakers and auto parts retailers took a hit on Monday amid the release of lackluster March sales data, as car sales took a hit amid consumer preference for SUVs and trucks in a low gas prices environment. The "double-I" concerns, namely incentives and inventories, did not bode well for...