auto

Automotive giant Ford Motor Co (NYSE: F) reported first-quarter financial results after market close Wednesday. Here are the key highlights for investors. What Happened: Ford reported first-quarter revenue of $34.5 billion, down 5% year-over-year. The revenue total came in ahead of a Street...

The North American International Auto Show is returning for the first time since January 2019, and this time it’s being held when the weather in Detroit is good for something more than ice fishing.  An indoor-outdoor Detroit auto show is planned for Sept. 14-25 at downtown’s...

Ford Motor Co (NYSE: F) said on Thursday it will pay a second-quarter dividend of 10 cents per share on outstanding shares of the company's common and Class B stock. What Happened: This is the third such payout for the legacy automaker that had suspended its quarterly dividend in March 2020 to...

Tesla Inc’s (NASDAQ: TSLA) electric cars are being reviewed by the National Highway Traffic Safety Administration (NHTSA) for "phantom braking" issues, Bloomberg News reported. What Happened: The transport safety agency is reviewing complaints related to Tesla cars that...

Ford Motor Company (NYSE: F) is committed to transitioning to electric vehicles, investing billions of dollars for the electrification of iconic models, revamping plants and setting up battery manufacturing units and charging infrastructure. The strategy is apparently paying...

Escape room games have become increasingly popular as locations that challenge players to get out of a room before time expires have been popping up across the country.  Ford Motor Co (NYSE: F) has taken that concept and created an interactive game that allows its EV customers to take on...

One of the first questions drivers ask when buying a gas-powered vehicle is: “How many miles per gallon?” The same rule applies to electric vehicles, though that question is: “What’s the range on a single charge?” Range anxiety, as it is known, is the...

Volkswagen AG (Pink: VWAGY) and German engineering and technology company Bosch have forged a software alliance to take the legacy automaker toward Level 4 autonomy. What Happened: Cariad, the automotive software unit of Volkswagen, and Bosch announced Tuesday an extensive automotive driving...

The auto industry has been one of the most lucrative and controversial sectors in the stock market in recent years. On Thursday, one analyst adjusted price targets for several automaker stocks and named his top five auto stock picks for 2022. The Analyst: Bank of America analyst John Murphy made...

Ark Invest CEO and popular money manager Cathie Wood warned on Wednesday that the latest used car price data indicates demand destruction due to increased preference for electric vehicles could lead to serious issues in the auto credit markets.  What Happened: Wholesale used vehicle...

Ford Motor Co (NYSE: F) CEO Jim Farley on Thursday said the automaker will double electric vehicle production by 2023 due to higher demand and said it aims the automaker to become the biggest electric vehicle maker in the world. What Happened: Farley tweeted on Thursday to say Ford is now expecting...

Ford Motor Company (NYSE: F) announced Thursday plans to wind down vehicle manufacturing in India amid mounting operating losses and weaker-than-expected demand in the region. What Happened: Ford said it will cease vehicle manufacturing in India as part of restructuring of its Indian operations....

India has asked Tesla Inc (NASDAQ: TSLA) to first increase local procurement and furnish a detailed manufacturing plan before it considers the Elon Musk-led electric vehicle maker’s demands for lower taxes, Bloomberg News reported on Friday, citing a source. What Happened: The details were...

General Motors Company (NYSE: GM) reported an earnings beat Tuesday, yet the stock tanked after GM issued guidance for the remainder of 2021 that came in below consensus estimates. The automaker expects EBIT for the remainder of the year to come in at $3.5-5.5 billion, far lower than consensus...

The biggest thing to watch for when Tesla Inc (NASDAQ: TSLA) reports earnings Monday is the company's outlook for deliveries in the second half of the year, former Ford Motor Co (NYSE: F) CEO Mark Fields said Monday on CNBC's "Squawk Box." It will be interesting to see how...