Autos

Consumer Reports Deems Tesla a Reliable Brand — Again

When Tesla Inc. (NASDAQ: TSLA) started selling its first vehicle, the Model S sedan, Consumer Reports magazine put the car through its paces and breathlessly awarded the Model S a ...
Read Full Story »

Volvo Financial Gets Hammered

Car companies and dealers sometimes make money selling new cars. Usually, they make money on car service. Another source of revenue is the financing of cars, either via loans or ...
Read Full Story »

Meet the Newest Theme in Ridesharing: YayYo Comes Public in Tiny IPO

Few people have never even heard of YayYo Inc. (NASDAQ: YAYO). The company calls itself a "leading provider of vehicles to the rideshare industry." Its subsidiary Rideshare Car Rentals, is ...
Read Full Story »

This Is Why Americans Hate Buying This Car More Than Any Other

Most Americans still go through a dealer to buy a car, though Tesla as one of the few exceptions. Satisfaction with those dealers is, therefore, critical to which cars people ...
Read Full Story »

The Best Auto Repair and Tire Replacement Companies in the US

The average age of one of the 250 million or so vehicles on U.S. roads and highways is nearly 12 years. On the one hand, the reliability of the U.S. ...
Read Full Story »

Will GM Buy Ford as Industry Consolidates?

Apparently, Fiat Chrysler Automobiles N.V. (NYSE: FCAU) and PSA Group, owner of Peugeot, may merge. This would create the world's fourth-largest car company and a worthy competitor to Toyota, General ...
Read Full Story »

Tesla’s Q3 US Sales Fell by $2 Billion

In its quarterly Form 10-Q filing with the U.S. Securities and Exchange Commission (SEC) Tuesday, Tesla Inc.l (NASDAQ: TSLA) reported U.S. sales in the third quarter fell by $2 billion ...
Read Full Story »

Average October New Vehicle Price to Hit New Record Above $34,000

Americans appear to be prepared to pay whatever automakers want to charge for new sport utility vehicles and pickups. With nearly three-quarters of all new vehicles sold either an SUV ...
Read Full Story »

More Than 300,000 Vehicles Subject to 3 Ford Safety Recalls

Ford Motor Co. (NYSE: F) on Tuesday issued three safety recalls for more than 300,000 North American vans and sport utility vehicles. The bulk of the vehicles recalled are the ...
Read Full Story »

GM Q3 Earnings Overcome Strike, Low Volumes, but Wait Until Q4

General Motors Co. (NYSE: GM) reported third-quarter 2019 results before markets opened Tuesday. The automaker posted adjusted diluted earnings per share (EPS) of $1.72 on revenues of $35.47 billion. In ...
Read Full Story »

GM Sales Expected to Drop in October

Auto sales should stay steady, moving along at a near-record pace, in October. However, some car companies will suffer a fall-off in sales. First among these is General Motors Co. ...
Read Full Story »

Another Loss for the Hip and Trendy: Ford Flex Driving Into the Sunset

When Ford Motor Co. (NYSE: F) introduced its Flex SUV-minivan combo in 2008, the company positioned the three-row seating and boxy, low-to-the-ground design as a blend of the hip and ...
Read Full Story »

Will GM Clear a Sharply Lower Bar When It Reports Earnings Tuesday?

Now that General Motors Co. (NYSE: GM) and the United Auto Workers have settled their six-week-long strike, the only thing left for investors to do is to try to figure ...
Read Full Story »

Risky Auto Loans Beginning to Bite Lender

As new vehicle prices continue to rise, U.S. consumers are struggling to fit the higher payments into their monthly budgets. One result is that more Americans than ever are borrowing ...
Read Full Story »

Voting Ends Friday on UAW-GM Contract Deal; Ford, Chrysler Turns Coming

The United Auto Workers strike against General Motors Co. (NYSE: GM) has lasted for 39 days so far, but early unofficial tallies show that union workers are mostly coming down ...
Read Full Story »