automotive

Fiat Chrysler Automobiles NV (NYSE: FCAU)’s decision to scrap its proposal to merge with or acquire French car company Groupe Renault is likely a good idea for the makers of Ram trucks and Jeep Wranglers, but both companies face broader headwinds, according to sell-side analysts. ...

Automaker Ford Motor Company (NYSE: F) confirmed Thursday it will close an engine factory in Wales in September 2020, CNBC reported. What Happened Ford cited its desire to become a more efficient company in Europe in its decision to close the factory. Stuart Rowley, the president of Ford of Europe...

The auto industry is beginning the week with worries about President Donald Trump’s threat to put tariffs as high as 25 percent on U.S. imports from Mexico as officials from the two countries begin talking details. Mexican Economy Minister Graciela Marquez planned to meet Monday with U.S....

A potential tie-up between global automakers Fiat Chrysler Automobiles NV (NYSE: FCAU) and Renault represents a "good strategic fit" with upside potential over and above the initial savings targets, according to Morgan Stanley. The Analyst Adam Jonas maintained an Overweight rating...

Online automotive marketplace TrueCar Inc (NASDAQ: TRUE) reported below-consensus bottom line results for the first quarter Thursday and issued weak second-quarter revenue guidance. The company also lowered its 2019 guidance. The Analyst Benchmark analyst Daniel Kurnos maintained a Hold rating on...

Automotive retailer AutoNation, Inc. (NYSE: AN) reported first-quarter results Friday that were included an earnings beat and revenue miss. Following the print, CEO Carl Liebert was a guest on CNBC's "Squawk Box."  What Happened AutoNation said it earned $1.02 per share in the...

With demand growing for electric cars, Ford Motor Company (NYSE: F) said Wednesday it will build its next-generation battery-electric vehicles at its Flat Rock Assembly plant near Detroit, instead of self-driving cars, which Ford said it will build at a separate Michigan facility instead....

Tesla Inc (NASDAQ: TSLA) stock has struggled since the company announced a Model 3 price cut and the closure of its brick-and-mortar stores last month. The company reversed course over the weekend, telling investors it would raise prices by 3 percent to pay for a portion of stores to remain open....

After announcing plans to close its physical stores and slash vehicle prices by 6 percent at the end of February, Tesla Inc (NASDAQ: TSLA) has changed course again.   On Sunday, the electric carmaker announced it would keep more stores open than originally planned — and...

Fiat Chrysler Automobiles NV (NYSE: FCAU) plans to rehab an old facility into a new Jeep plant in Detroit and pour money into five other Michigan factories in a $4.5-billion move to meet growing demand for Jeeps, Dodge Rams and electric vehicles, the company said Tuesday. The move will create...

Fiat Chrysler Automobiles NV (NYSE: FCAU) exceeded expectations with its fourth-quarter sales and profits. But weakness in China and at home discouraged Street experts. The Analyst  Barclays analyst Brian Johnson downgraded FCA from Overweight to Equal Weight and cut the price target...

Ford Motor Company (NYSE: F)'s optimism for the coming year on the heels of its fourth-quarter earnings report was greeted with a strong bump on the market. Analysts expressed caution and even a bit of skepticism, saying questions linger about the American automaker’s turnaround....

Auto stocks were mostly trading higher Friday morning after General Motors Company (NYSE: GM) surprised investors with an encouraging outlook that boosted its stock.  What Happened General Motors said Friday ahead of its Capital Markets Day presentation that it expects 2018 earnings per...

It was another generally strong year for the auto industry, though it might be better described as the light truck and SUV industry. Analysts said Americans used money freed up by tax cuts to buy new vehicles. Buoyed by a strong economy, corporate buyers also got in on new car fever, with fleet...

General Motors Company (NYSE: GM)’s announcement last month that it would contract and reorganize its workforce continues a long trend among automakers. “The shift away from traditional sedans to utility vehicles has been ongoing for several years but has dramatically quickened in the...