Over the past 12 months, the best performing car maker stock is -- drum roll -- Tesla Motors Inc. (NASDAQ: TSLA). Shares in the maker of electric vehicles (EVs) are ... Read Full Story »
The major US stock indexes opened mostly flat this morning following a softer-than-expected report from the Institute for Supply Management on non-manufacturing growth (our coverage here). The report on new ... Read Full Story »
Higher revenues and profits in its North American region boosted first-quarter results at Ford Motor Co. (NYSE: F). The company posted EPS of $0.18, well above the consensus estimate of ... Read Full Story »
Auto industry research firm truecar.com released its sales and incentives forecast for April today, and the company expects the sales forecast to translate to a seasonally adjusted annual rate of ... Read Full Story »
The largest car dealership in the US, AutoNation Inc. (NYSE: AN) reported earnings this morning for the first quarter. The company posted EPS of $0.56, an all-time high, on revenue ... Read Full Story »
Ford Motor Co. (NYSE: F) is getting its reward for dodging bankruptcy during the financial crisis, something that its US rivals General Motors Co. (NYSE: GM) and Chrysler were not ... Read Full Story »
Car sales by gender in 2011 pretty much reflect what you’d expect. Men prefer fast cars and big SUVs and pickup trucks. Women favor smaller, more fuel efficient vehicles. Men ... Read Full Story »
US car buyers purchased 11,642 clean diesel vehicles in March, a rise of nearly 29% over February sales and up nearly 40% year-over-year. Year-to-date US sales of clean diesel vehicles ... Read Full Story »
Borrowers with less-than-perfect credit are being courted once more by lenders trying to bolster their loan portfolios to make up for the loss of fee income from new regulations. The ... Read Full Story »
Markets opened lower this morning but managed to recover fairly quickly following a report on robust manufacturing growth (our coverage here). The report on construction spending came in weaker than ... Read Full Story »
Ally Financial Inc., the former finance arm of General Motors Co. (NYSE: GM) known as GMAC, received more than $17 billion in federal bailout funds in 2008 and is now ... Read Full Story »
The US Treasury reported this morning that it had sold the last of the $225 billion in mortgage-backed securities (MBS) that it purchased beginning in 2008 at the height of ... Read Full Story »
Fuel Systems Solutions Inc. (NASDAQ: FSYS) has acquired the compressor business and the right to use certain trademarks from Dresser Italia S.r.l. in an all-cash transaction. The purchase price was ... Read Full Story »
Stocks opened higher this morning following upbeat reports on unemployment claims and new housing starts. With a little more than a half hour left in today’s session, all three indexes ... Read Full Story »
General Motors Co. (NYSE: GM) posted a record annual profit this morning of $7.6 billion for the fiscal year ended in December. EPS for the year totaled $4.58, up from ... Read Full Story »