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GM Is Charged Up About Electric Vehicles, Makes Push To Challenge Tesla
Thursday, March 5, 2020 - 11:46am | 736General Motors Company (NYSE: GM) is mounting a full-on charge at Tesla Inc (NASDAQ: TSLA). GM on Wednesday revealed its intentions to take on Tesla in the battle to sell the next generation of electric vehicles, bringing the size and consumer credibility of a Big 3 giant to the race for what...
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Tough Outlook For Ford, But Analysts Say The Stock Is Now Reasonably Priced
Wednesday, February 5, 2020 - 2:50pm | 407Ford Motor Company (NYSE: F) stock continued to drop on Wednesday after the company's disappointing earnings report, but two sell-side analysts kept positive ratings on the beleaguered automotive giant. Ford lost $1.7 billion in the fourth quarter and earnings per share came in at 12 cents, 3...
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Fiat Chrysler, UAW Approve New 4-Year Contract
Wednesday, December 11, 2019 - 6:45pm | 512Fiat Chrysler Automobiles NV (NYSE: FCAU) employees have approved a four-year negotiated contract that guarantees the creation or retention of nearly 8,000 jobs and includes $9 billion in investments by the automaker in its U.S. manufacturing operations. What Happened The United Auto Workers...
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Sales, Cycle And Strike Expected To Impact Big 3 Auto Earnings
Thursday, October 17, 2019 - 3:26pm | 747Expect a generally uninspiring third quarter from the "Big 3" automakers on continued international uncertainty that’s weighing on sales, one-time product cycle issues and a strike, Bank of America said ahead of earnings reports from the three major U.S. manufacturers. Ford Motor...
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Economics Of Autonomy: The Big 3, Trucking And Insurance
Tuesday, August 8, 2017 - 3:41pm | 690As autonomous vehicles draw ever nearer, everyone’s eyes are on Tesla Inc (NASDAQ: TSLA), an innovator positioned to disrupt the wider U.S. economy. The firm’s ingenuity threatens to render longstanding services and products obsolete, wholly eliminating jobs, skills, companies and...
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Nomura Starts Coverage Of Ford, General Motors: 'Put Your Hands Up For Detroit'
Tuesday, September 20, 2016 - 8:19am | 639Global auto demand is expected to continue to grow around 2 percent annually in 2016 and 2017, Nomura’s Anindya Das said in a report. He initiated coverage of Ford Motor Company (NYSE: F) with a Buy rating and of General Motors Company (NYSE: GM) with a Neutral rating. Auto sales in the...