automakers

Former Nissan Motor Co Ltd (OTC: NSANF) chairman Carlos Ghosn has fled Japan, where he was facing financial crimes charges, and is now in his home country of Lebanon. In a statement released by Ghosn to media outlets, the 65-year-old former executive said he would "no longer be held hostage by...

This year was full of ups and downs for Tesla Inc (NASDAQ: TSLA) but the future looks brighter for the maker of the Model 3, according to Oppenheimer analyst Colin Rusch. Tesla 'Hitting Their Stride' Some of the highlights from Tesla's 2019 include two new car model unveilings and...

Italian-American automaker Fiat Chrysler Automobiles N.V. (NYSE: FCAU) and Peugeot's (OTC: PUGOY) parent company Groupe PSA have officially signed a merger, the two companies said in a joint statement on Wednesday. What Happened Both Fiat Chrysler and PSA will own a 50% stake each in the...

Nio Inc – ADR (NYSE: NIO) shares, which came under significant selling pressure last week in the wake of the resignation of the company's CFO, were rebounding strongly Monday. The Chinese electric vehicle maker said in a Monday release it delivered 2,526 vehicles in October, representing...

Ford Motor Company (NYSE: F) could see its share price go lower as it faces continued sluggish demand overseas and new worries about slowing sales at home, Buckingham Research Group said Tuesday. The Analyst Buckingham Research Group’s Joseph Amaturo maintained a Neutral rating on Ford and...

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...