Cars and Drivers

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Why Tesla Stock Is Getting Pummeled Following Earnings

Tesla's quarterly profits were a little light although full-year profits were better than expected. The retirement of the company's chief financial officer is the reason Wall Street is treating the results with caution.

Paul Ausick · 8 years ago

What to Watch For in Tesla Earnings

Tesla is set to release its most recent quarterly results after the markets close on Wednesday, but analysts and investors may be more interested in the outlook.

Chris Lange · 8 years ago

GM and Ford Sales Expected to Fall This Month

The U.S. car industry overall will post more sales this month than a year ago. However, the two largest American manufacturers are expected to post declines.

Douglas A. McIntyre · 8 years ago

Ghosn Resigns Renault CEO Job — Finally

Carlos Ghosn, one of the world's best-known and longest-serving auto executives, has resigned as chairman and CEO of Renault. He has been detained by Japanese police for more than two months facing charges of…

Paul Ausick · 8 years ago

Ford Earnings Saved by Higher Prices, Truck Sales

Ford's 2018 results were neither awe-inspiring nor completely dispiriting. Revenues were sharply better due to higher prices for the company's popular pickups while earnings were a bit light.

Paul Ausick · 8 years ago

What to Look For in Ford’s Q4 Earnings Report

Ford is set to report its fourth-quarter financial results after the markets close on Wednesday, and top and bottom line numbers are expected to be lower than a year ago.

Chris Lange · 8 years ago

Tesla to Cut Workforce by 7%

Tesla's CEO said he could cut his workforce 7%, even though the company needs to increase production of its inexpensive Model 3. He did not make it clear how he could both cut staff…

Douglas A. McIntyre · 8 years ago

The Mess That Is Ford

Ford disappointed investors on Tuesday with its announcement of an alliance with VW that had little to boost spirits and a preliminary results announcement Wednesday morning only made matters worse.

Paul Ausick · 8 years ago

2018 European Auto Sales Fizzle

Auto sales in Europe declined by 8.4% in December and full-year sales for 2018 rose by just 0.1% compared with 2017 sales.

Paul Ausick · 8 years ago