automotive

Ford Motor Company (NYSE: F) is offering its all-electric vehicle customers in North America a public charging network with more than 12,000 locations, the automaker said Thursday.  Ford is collaborating with Amazon.com, Inc. (NASDAQ: AMZN) on installation services in the U.S.  The public...

General Motors Company (NYSE: GM) stock rose Tuesday on reports that CEO Mary Barra and President Mark Reuss joined contract talks with the United Auto Workers union, bringing hopes for a possible end to a strike that Bank of America Merrill Lynch said has cost the company more than $2 billion and...

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...

Shares of Ford Motor Company (NYSE: F) were falling after Moody’s Investors Services cut its credit rating to junk status. Moody’s downgraded Ford’s debt rating from Baa3 to Ba1, a non-investment grade rating, citing “considerable operating and marketing challenges facing...

As German cars go, so may go the German — and maybe much of Europe’s — economy. And the signs from the vaunted German automobile industry aren’t good. Production of cars, the largest export product in a German manufacturing sector dependent on exports, has fallen...

Detroit-based Ally Financial (NYSE: ALLY), in a Harris Poll survey, recently found that Americans spent an average of $1,986 on vehicle repairs and maintenance over the past five years. Among 2,012 U.S. adults surveyed, those ages 18-34 paid an average of $2,334 for vehicle...

Workhorse Group Inc (NASDAQ: WKHS) stock was soaring oWednesday after Vice President Mike Pence told reporters the company has secured financing to buy an idled auto plant in Lordstown, Ohio to build electric trucks. The excitement around the stock was being matched in the northeast Ohio community...

Automaker Ford Motor Company (NYSE: F) confirmed Tuesday that it acquired Quantum Signal, a company perhaps best known for helping the military develop software to control robotic vehicles thousands of miles away, Ford Chief Technical Officer Randy Visintainer said in a Medium post.  What...

Dave Royse contributed to this report. It has been a rough five-year stretch for large auto stocks Toyota Motor Corp (NYSE: TM), General Motors Company (NYSE: GM), Ford Motor Company (NYSE: F) and Tesla Inc (NASDAQ: TSLA). Despite a booming market and an overall 52.4% gain for the S&P 500, none...

Coming off a strong quarterly production and delivery performance, Tesla Inc (NASDAQ: TSLA) is prepared to hire once again and boost production at its Fremont, California factory, according to Bloomberg.  The news comes from a Tuesday email sent by Jerome Guillen, Tesla's...

Bayerische Moto/S ADR (OTC: BMWYY) CEO Harald Krüger’s announcement last week that he will step down as head of luxury carmaker BMW is the latest in a string of auto company CEO turnovers — the fourth this year. The departures remove decades of experience in the top posts at the...

Electrek reported Wednesday that Peter Hocholdinger, Tesla Inc (NASDAQ: TSLA)'s head of production at Fremont factory, is no longer working for the automaker. Hochholdinger was hired by Tesla in 2016. He previously worked as Audi’s senior director of production behind the...

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....