Were Tesla’s Earnings Too Boring for Investors?
Tesla this afternoon reported a diluted loss per share of $1.33 on revenues of $2.7 billion in Q1 of 2017, compared to consensus estimates calling for a per-share loss of $0.82 and $2.61 billion…
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How Tesla Stock Has Gained 1,600% Since Its IPO
How a car company that sold fewer than 100,000 cars last year became more valuable than either Ford or General Motors.
Jaguar Sales Tripled in April
Jaguar's sales tripled in April, due primarily to the surge in demand for its F-Pace SUV.
Mercedes Advances Self-Driving Car Initiative
Mercedes is making another big step forward in its development of autonomous driving vehicles with its extended driver assistance functions in the new S-class.
Ford F-Series Pickups Lost 6.5 Points of Market Share in April
Ford maintained its grip on the title of best-selling pickup again in April, but the F-Series pickups lost some market share to competitors.
April Big Three Car Sales Crumble as Auto Industry Hits a Wall
The Big Three car makers all suffered sharp drops in sales for April, as did several foreign car companies. Hardest hit were car sales.
Jeep Sales Slide 17% as Fiat Chrysler April Sales Drop 7%
Fiat Chrysler sales fell in April, including a sharp drop in Jeep brand sales. Slightly offsetting the decline was a modest year-over-year estimated gain in the average selling price per vehicle.
GM March Sales Tumble 6%, Inventory Remains Stubbornly High
GM's April sales fell nearly 6% in March and its inventory of unsold cars rose by more than 9,500.
Ford Dips to New 52-Week Low on Weak April Sales
Ford sales tanked year over year in April and retail sales plunged. The only bright spot was an increase in the average transaction price.
Is This the Turning Point for GM in China?
General Motors is making a name for its Cadillac brand in China as one of the more iconic and up-and-coming cars in the People’s Republic.
Toyota, Honda, BMW Come Under Patent Investigation
Toyota, Honda and BMW are coming under investigation in the United States for potential patent law violations.
Even Red-Hot Subaru Offers Deals On Some Cars
Subaru is America’s hottest car company. However, even it offers very attractive deals to pull in customers, a sign that no car company is immune from the incentive wars which have swept the industry.…
Carvana Announces Potential Pricing for IPO
Carvana expects to price 15 million shares in the range of $14 to $16 in and initial public offering valued up to about $276 million.
Why Investors Should Like GM Earnings
GM reported better-than-expected first-quarter 2017 results before markets opened Friday. Volumes were lower year over year, but sales jumped on higher-priced crossovers and trucks.
Dim Outlook for April New Car Sales
Automakers report April new car sales next Tuesday. Analysts see total volumes lower than last year and last month. Incentives remain high and inventory turnover is stalled.