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Cherokee Nation Asks Jeep To Stop Using Its Name On Vehicles
Tuesday, February 23, 2021 - 12:51pm | 498Read More...The principal chief of the Cherokee Nation has called on Stellantis NV (NYSE: STLA) to stop using the tribe’s name on its Cherokee and Grand Cherokee SUVs. What Happened: Jeep first used the Cherokee name in 1974. In 2002, the name was changed to Liberty for vehicles sold in the U.S. and...
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Mazda Tops Consumer Report's Auto Brand Rankings, Tesla Tumbles Down List
Thursday, February 18, 2021 - 5:16pm | 501Read More...For the first time, Mazda Motor Corp (OTC: MZDAF) topped Consumer Reports’ annual ranking of automaker brands, while Tesla (NASDAQ: TSLA) wound up in 16th place. What Happened: The magazine stated its ratings were based on a number-crunch of “predicted reliability, and owner...
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Toyota Reveals 3 New EVs, Has Enough Chips To Raise Production Levels
Wednesday, February 10, 2021 - 5:11pm | 315Read More...Toyota Motor Corp. (NYSE: TM) announced on Wednesday three new electric vehicles set to be released this year as the race for auto manufacturers to produce EVs is full charge ahead amid the Biden administration’s push to cut emissions after rejoining the Paris Agreement last month....
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$1,000, 5 Years Later: GM Stock Takes The Slow Road, But Finds Its Way
Wednesday, February 10, 2021 - 8:00am | 492Read More...Investors who have owned stocks since 2016 generally have experienced some big gains. In fact, the SPDR S&P 500 (NYSE: SPY) total return in the past five years is 132.1%. But there is no question some big-name stocks performed better than others along the way. GM’s Big Run: One company...
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BlackBerry Announces QNX Software Will Power Motional's Autonomous Vehicles
Tuesday, February 9, 2021 - 1:30pm | 416Read More...On Tuesday, BlackBerry Inc. (NYSE: BB) announced that Motional, a vehicle maker backed by Hyundai Motor Company GDR (OTC: HYMTF) and Aptiv PLC (NYSE: APTV), will be the first to use its QNX Black Channel Communications Technology for driverless systems. What Happened: Although BlackBerry...
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How Lear's M&A Strategy Helped Turned JPMorgan Bullish
Friday, January 22, 2021 - 4:20pm | 287Read More...Automotive supplier company Lear Corporation (NYSE: LEA) deserves credit for a series of acquisitions that better position the company to grow, according to JPMorgan. The Lear Analyst: Ryan Brinkman upgraded Lear from Neutral to Overweight with a price target lifted from $149 to $210. The Lear...
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Watch PreMarket Prep's Interview With The CEO And CFO Of Electrameccanica
Thursday, July 23, 2020 - 11:20am | 857Read More...ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) announced Thursday morning a new retail location in Oregon. Shortly after the announcement, CEO Paul Rivera and CFO Bal Bhullar were a guest on Benzinga's PreMarket Prep to discuss the retail expansion and much more. New Retail Location:...
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Carvana Rival Online Retailer Vroom Plans June IPO: Report
Monday, May 11, 2020 - 3:03am | 449Read More...Online auto retailer Vroom Inc. is seeking to go public as soon as June, the Wall Street Journal reported Sunday. What Happened The New York-based company has confidentially filed for an initial public offering with the United States Securities and Exchange Commission, people familiar with the...
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Early Tesla Investor Ron Baron Sees Path To $1T In Revenue
Tuesday, February 4, 2020 - 9:16am | 397Read More...Forget about joining the $1-trillion valuation club: early Tesla Inc (NASDAQ: TSLA) investor Ron Baron said Tuesday that Tesla will generate $1 trillion in revenue in 10 years. Baron's Tesla Call Baron, a billionaire mutual fund manager, said Tuesday morning on CNBC's "Squawk Box...
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Cramer: Tesla Is A Tech Company On Wheels, Unlike Ford And GM
Thursday, January 23, 2020 - 11:30am | 414Read More...Tesla Inc (NASDAQ: TSLA), Ford Motor Company (NYSE: F) and General Motors Company (NYSE: GM) all manufacture cars, but there's one distinctive difference that separates Tesla from the others: it's not an auto company, according to CNBC's Jim Cramer. What He Said Ford and GM are part of...
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McDonald's Leftover Coffee Beans Will Be Used To Help Manufacture Ford Car Parts
Thursday, December 5, 2019 - 12:45pm | 525Read More...This may sound confusing, but McDonald's Corp (NYSE: MCD) agreed to donate a "significant portion" of its leftover coffee beans to Ford Motor Company (NYSE: F) to be included in its manufacturing process. What To Know About Leftover Coffee Beans McDonald's has no need for the...
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These Analysts Remain Carvana Bulls After Strong Q2
Thursday, August 8, 2019 - 2:54pm | 397Read More...Carvana Co (NYSE: CVNA) reported Wednesday second-quarter results, which prompted two analysts to reaffirm a bullish stance on the online platform for consumers to buy and sell used cars. The Analyst Bank of America's Nat Schindler maintains a Buy rating on Carvana with a price target lifted...
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Ford Confirms Expansion Of Autonomous Driving Initiative With Volkswagen
Friday, July 12, 2019 - 7:57am | 412Read More...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...
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Trump Says US Will Impose 5% Tariff On Mexico Imports Starting June 10
Friday, May 31, 2019 - 7:16am | 416Read More...Markets are lower Friday morning after U.S. President Donald Trump said in a Tweet Thursday evening his administration will impose a 5-percent tariff on every Mexican good crossing border as of June 10. What Happened Trump's 5-percent tariff will be lifted to 25 percent over the coming months...
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Leaner And Meaner: Ford Is The Only Auto Stock Cramer Likes
Tuesday, May 7, 2019 - 11:21am | 451Read More...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...
