Autos

Ford, Chrysler 2019 European Sales Falter

Posted: January 16, 2020 at 8:15 am

The European Automobile Manufacturers Association (ACEA) on Thursday reported new vehicle registration totals in the European Union for the month of December and for all of 2018. Registrations (the EU's ...
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Corvette Sales Tumble in 2019

Posted: January 14, 2020 at 6:30 am

GM's Chevy Corvette was named the 2020 North American Car of the Year. The group that decides the winner clearly doesn't care about customer demand. Corvette sales last year dropped ...
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Can Tesla Sell More Cars Than Ford?

Posted: January 12, 2020 at 6:59 am
Last updated: January 13, 2020 6:57 am

Is it realistically imaginable that Tesla Inc. (NASDAQ: TSLA) could ever sell more vehicles worldwide than Ford Motor Co. (NYSE: F) does? It's a stretch, but winning that race may ...
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BMW Is the World’s Largest Premier Car Company, Maybe

Posted: January 10, 2020 at 6:30 am

BMW Group has announced that it is the world's largest luxury car company, based on 2019 sales. The company owns the BMW, Rolls Royce and Mini brands. Overall sales reached ...
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Is It Time for a Pullback in Tesla?

Posted: January 9, 2020 at 10:55 am

Tesla Inc. (NASDAQ: TSLA) shares have more than doubled in the past quarter alone, and analysts are trying to catch up. Some analysts believe that Tesla has overshot most price ...
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In Biggest Challenge to Car Industry, Young People Don’t Drive

Posted: January 8, 2020 at 7:05 am

Many Americans learned how to drive when they were in their teens and got a driver's license soon after. However, this pattern has changed, leaving the auto industry with a ...
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Tesla Beats Ford and GM at Their Own Game in China

Posted: January 7, 2020 at 6:50 am

As is true with both major car companies and niche manufacturers, China is the future. It was supposed to be not only the largest market but one that would grow ...
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Pickup Demand Fails to Lift US Auto Sales in 2019

Posted: January 6, 2020 at 10:00 am

Automakers' U.S. sales in the fourth quarter were down compared to sales in the same period a year ago. With a couple of exceptions, the declines were small. For the ...
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Tesla’s Market Value Is Almost as Much as GM and Ford Combined

Posted: January 4, 2020 at 9:10 am

Tesla Inc. (NASDAQ: TSLA) stock rose again on the back of an announcement that it had delivered 112,000 cars in the fourth quarter. Deliveries for the full year reached 367,500, ...
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This Famous Auto Brand Only Sold 25 Cars a Day Last Year

Posted: January 4, 2020 at 8:36 am

Most successful car brands sell hundreds of vehicles a day. The best-selling vehicle in the country, the Ford F-150, sells over 2,000. At the bottom of the sales list of ...
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Tesla Posts Quarterly, Full-Year Records for New Car Deliveries

Posted: January 3, 2020 at 10:30 am

It should be instructive for Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk to see how the company's investors react to good news from the company absent any of his tweets ...
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Why Canaccord Genuity Is Now Tesla’s Biggest Bull

Posted: January 2, 2020 at 1:20 pm

Tesla Inc. (NASDAQ: TSLA) shares have absolutely exploded in the past six months, and the cult of Elon Musk is growing. Some think that this is in part because the ...
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Ford Ends First Edition Mustang Preorders, Won’t Say How Many

Posted: December 31, 2019 at 12:10 pm

When Ford Motor Co. (NYSE: F) announced its model year 2021 Mustang Mach-E all-electric sport utility vehicle, it instituted a reservation system for buyers willing to put down a refundable ...
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Is Nio a Serious Threat to Tesla in China?

Posted: December 30, 2019 at 11:05 am

Since reporting third-quarter results in late October, Tesla Inc. (NASDAQ: TSLA) shares have added 70% and posted new all-time highs. On Monday morning, the company delivered the first 15 Model ...
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Why Chinese Electric Carmaker Nio Shares Are Soaring

Posted: December 30, 2019 at 8:50 am

Nio Ltd. (NYSE: NIO) reported fiscal third-quarter 2019 results before markets opened Monday. The China-based electric vehicle maker reported a quarterly adjusted diluted loss per share of $0.33 on revenues ...
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