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Carlos Ghosn Compares Japanese Arrest, Detention To Pearl Harbor; Blames Some At Nissan
Wednesday, January 8, 2020 - 2:35pm | 548Former Nissan Motor Co Ltd (OTC: NSANY) Chairman Carlos Ghosn said Wednesday he fled Japan because he wouldn't have received a fair trial on corruption charges, blamed Nissan officials for getting him arrested and compared his seizure to the Japanese attack on Pearl Harbor in his first remarks...
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What To Know About Ford's Electric Mustang Mach-E
Monday, November 18, 2019 - 9:37am | 657On Sunday, Ford Motor Company (NYSE: F) unveiled its answer to Tesla Inc's (NASDAQ: TSLA) powerhouse electric lineup: the Mustang Mach-E. The all-electric SUV will ride like a traditional Mustang but also break ground as the automaker’s first long-range electric vehicle. What Is The...
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Auto Expert: Small Car To Become More Endangered, But Not Extinct
Wednesday, December 12, 2018 - 12:36pm | 949General 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...
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Would Ford Survive Another Recession? Elon Musk Thinks That's Unlikely
Wednesday, November 7, 2018 - 8:03am | 546Elon Musk has little faith that the Big Three will emerge “big” or even “three” from the next economic downturn. By his calculations, a strong economic headwind could blow Ford Motor Company (NYSE: F) right off track. “Ford and Tesla made it barely through the last...
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Tesla's Q3 Earnings Call: 10 Things To Look For
Wednesday, October 24, 2018 - 9:53am | 554It’s hibernation time for Tesla Inc (NASDAQ: TSLA) bears. CEO Elon Musk’s eagerness to release third-quarter earnings has inspired fresh optimism from even critics like Andrew Left. Wednesday’s post-market report may win over even more. Cox Automotive analyst Michelle Krebs is...
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6 Things To Watch For On Ford's Q3 Earnings Call
Tuesday, October 23, 2018 - 3:08pm | 402Ford Motor Company (NYSE: F) will issue third-quarter results Wednesday afternoon. Analysts who cover Ford expect the company to report earnings of 28 cents per share on sales of $33.3 billion. Although Ford has historically reported earnings before the open of the U.S. markets, the company...
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Fiat Chrysler Outsells Ford In 'Month To Remember'
Tuesday, October 2, 2018 - 4:02pm | 809Sales at most automakers came in slightly under Cox Automotive's estimates in September, with the exception of Nissan. Fiat Chrysler Outguns Ford GM (NYSE: GM) led competitors with a Cox forecast of 235,000 vehicles sold, followed by Toyota (NYSE: TM) (203,098), Fiat Chrysler (NYSE: FCAU) (199,...
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Ford Still Committed To SUV, Truck Shift Even As Iran Relations Threaten Spike In Gas Costs
Thursday, May 10, 2018 - 2:35pm | 580The U.S. has irked a major oil exporter, and some fear its withdrawal from the Iran nuclear deal could prompt a pop in gas prices. Historically, such a cost trajectory has precipitated change in the auto industry’s sales mix from trucks or SUVs to fuel-efficient cars. Who Should...
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April Auto Sales Fall; Fiat Chrysler's Jeep Is 'Back In The Game'
Tuesday, May 1, 2018 - 1:26pm | 867With the exception of a Jeep-driven Fiat Chrysler Automobiles NV (NYSE: FCAU), just about every U.S. automaker reported year-over-year sales declines. But this April’s two fewer selling days lent a “solid excuse,” according to Karl Brauer, executive publisher for Autotrader and...
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Ford Says Goodbye To The Focus, Taurus And Others In North America: 'This Was Expected'
Thursday, April 26, 2018 - 9:42am | 628Ford Motor Company (NYSE: F) announced Wednesday it will pare its North American car portfolio to just two vehicles. The Mustang and Focus Active crossover will survive the transition, which eliminates investment in next-generation models of the Fusion, Focus, Taurus and Fiesta. “We are...
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Autos Post Better-Than-Expected December Sales On GDP Growth, Tax Reform
Wednesday, January 3, 2018 - 1:15pm | 903The auto industry wasn’t expected to do so well coming off 2016’s record sales. But it seemed to hold its own this December. All but one automaker outperformed Kelley Blue Book’s monthly estimates, which forecast negative growth across the board in what still amounted to the...
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Truck, Van Demand Drive November Auto Sales
Friday, December 1, 2017 - 5:13pm | 1100Just two of five major auto manufacturers posted November beats, signaling a continued industry decline off 2016’s record sales. “Stronger-than-forecast November vehicle sales are due to a healthy economy, a confident consumer who is ready to buy and targeted incentives that help close...
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Are Hurricanes Good Or Bad News For The Auto Industry?
Monday, September 11, 2017 - 9:59am | 612At first glance, the slew of storms striking the Gulf and southeast appears wholly adverse to the auto industry. Local drivers suffer vehicle destruction and elevated gas prices. Fuel stations service fewer visitors. Resale consumers are duped into purchasing flood vehicles. Insurance firms see a...
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Autos In A Technical Ditch Heading Into Q1 Earnings
Thursday, April 20, 2017 - 7:29am | 328For technical traders, the charts of auto giants Ford Motor Company (NYSE: F) and General Motors Company (NYSE: GM) are far from inspiring heading into Q1 earnings season. Ford stock recently traded to the low end of a wedge pattern it has been stuck in for the better part of two years. The stock...
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Automakers Shift Lanes As Disruptive Technologies Take Over
Tuesday, January 31, 2017 - 3:57pm | 1482It is the battle of tradition versus the modern, which possess disruptive potential. Traditional automakers such as General Motors Company (NYSE: GM), Ford Motor Company (NYSE: F), Fiat Chrysler Automobiles NV (NYSE: FCAU) and Toyota Motor Corp (ADR) (NYSE: TM) are facing stiff...