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Detroit's Big 3 Automakers Resume Production
Tuesday, May 19, 2020 - 4:03pm | 600Read More...In April, the auto industry reached its bottom as car registrations in Europe fell 76%, the strongest drop in demand recorded. This past month, however, European carmakers, such as Bayerische Motoren Werke Ag (OTC: BMWY), Volkswagen AG (OTC: VWAGY) and Daimler AG (OTC...
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Detroit's Big 3 Report Sales Declines, But Outperform Expectations
Friday, April 3, 2020 - 12:06pm | 736Read More...U.S. auto producers announced Q1 sales figures this week, and as expected, sales numbers fell due to the COVID-19 outbreak. A strong year start was fully offset by terrible last month's results. According to industry research firm Wards Intelligence's data, approximately 1 million light...
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Tesla And The Auto Market's New 'Big Three'
Friday, April 14, 2017 - 9:30am | 466Read More...Yes, Tesla Inc (NASDAQ: TSLA) surpassed Ford Motor Company (NYSE: F) and General Motors Company (NYSE: GM) in value last week. The Silicon Valley company market cap stands at $47 billion as of Thursday's close, slightly under GM ($50 billion) while boasting a sizable lead over Ford ($44 billion...
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Fiat Chrysler's October U.S. Sales Fell 10%
Tuesday, November 1, 2016 - 11:06am | 232Read More...Fiat Chrysler Automobiles NV (NYSE: FCAU) reported its October 2016 U.S. sales data on Tuesday. Here is Fiat Chrysler's sales report for the prior month. Fiat Chrysler sold a total of 176,609 units in October. Total October sales were 10 percent lower compared to October 2015. Ram...
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Fiat Chrysler Shares Trade Lower Despite 3% August Sales Increase
Thursday, September 1, 2016 - 2:01pm | 215Read More...Fiat Chrysler Automobiles NV (NYSE: FCAU) bucked the overall trend to report 3 percent growth in unit sales to 196,756 in the United States in August. However, the stock traded down on Thursday. The company disclosed retail sales total 150,153 vehicles, whereas fleet sales accounted for 46,603...
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Chrysler And Ford Earnings: Following In GM's Footsteps?
Sunday, April 24, 2016 - 4:38pm | 725Read More...Upcoming earnings highlights include the latest results from two automaker giants. Wall Street analysts are looking for strong earnings growth from both of them. However, estimates have been slipping for one and rising for the other. Expectations were already high for the latest earnings from...
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Comcast Teams With Chrysler For Large Scale Push Tied To New Film
Tuesday, April 12, 2016 - 8:26am | 254Read More...Comcast Corporation (NASDAQ: CMCSA) goes full-tilt behind its new summer film "The Secret Life Of Pets." On Monday, Comcast and Chrysler (Fiat Chrysler Automobiles NV (NYSE: FCAU)) revealed a massive partnership that will enlist a number of the media giant's properties with the new model of a top...
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Fiat Chrysler Comeback And Rebirth Of Detroit One In The Same, Company CMO Says
Thursday, January 14, 2016 - 6:26pm | 324Read More...At the 2016 North American International Auto Show earlier this week, Benzinga partner Robb Report’s Katrina Szish had the chance to chat with Olivier Francois, Chief Marketing Officer at Fiat Chrysler Automobiles NV (NYSE: FCAU), and president and CEO of the Fiat brand. In a wide-ranging...
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Fiat Chrysler Wants To Pay You To Service Recalled Vehicles
Tuesday, September 1, 2015 - 1:49pm | 384Read More...The Detroit News is reporting that Fiat Chrysler Automobiles NV (NYSE: FCAU) plans on offering owners of recalled vehicles a cash incentive. The Incentive The auto manufacturer will offer $100 prepaid debit cards to owners of recalled vehicles as part of its commitment to ensure potential safety...
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Paul La Monica: 'No Matter How You Slice It,' Apple's Stock Is 'Dirt Cheap'
Friday, July 24, 2015 - 2:51pm | 411Read More...Paul La Monica is a weekly guest on #PreMarket Prep, a daily trading idea radio show hosted by Joel Elconin and Dennis Dick. Tune in to the daily broadcast live Monday-Friday at 8 a.m. ET here. Discussing tech stocks during Friday's edition of Benzinga's #PreMarket Prep, Paul La Monica argued that...
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Fiat Chrysler Reportedly Recruiting Partners To Pressure GM Into Merger
Tuesday, June 9, 2015 - 8:25am | 308Read More...Fiat Chrysler Automobiles NV (NYSE: FCAU) is recruiting activist hedge funds to take a stake in General Motors Company (NYSE: GM) and prod GM into a merger, according to a Wall Street Journalreport. Fiat's CEO, Sergio Marchionne, is allegedly behind the strategy, which has been unsuccessful...
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Here's What Elon Musk Said About Fiat Chrysler
Monday, June 1, 2015 - 5:35pm | 374Read More...Tesla Motors Inc (NASDAQ: TSLA) recently had talks with Fiat Chrysler Automobiles NV (NYSE: FCAU)'s CEO, Sergio Marchionne and other representatives of the company. Tesla CEO Elon Musk was on CNBC Monday to shed light on the nature of the talks. An Informal Meeting Musk was asked...
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What Is The Apple Car 'Intervention' Really About?
Monday, May 11, 2015 - 1:28pm | 764Read More...In May 2013, Apple Inc. (NASDAQ: AAPL) CEO Tim Cook famously told AllThingsD about his interest in the wrist. "I think the wrist is interesting," he said. "The wrist is natural." Cook revealed the source of his interest more than 12 months later when Apple unveiled its...
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Auto Roundup: March Retail Sales Mostly Showing Deceleration From Last Year
Wednesday, April 1, 2015 - 11:13am | 564Read More...Auto manufacturers on Wednesday released U.S. March retail sales data which mostly showed deceleration in sales. Here is a breakdown. General Motors: Total Sales Down 2 Percent General Motors Company (NYSE: GM) reported that it delivered 249,875 vehicles in March in the U.S., representing a...
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The 10 Largest Bankruptcies Of All Time
Monday, January 26, 2015 - 4:55pm | 612Read More...Despite a continued recovery in the U.S. economy and generally strong growth of American industry last year, not all companies enjoyed a prosperous 2014. In fact, two of the ten largest bankruptcies in history happened last year. Here’s a rundown of the 10 largest bankruptcies (by assets)...
