What Do Q3 Auto Sales and Transaction Prices Suggest About Earnings?
Third-quarter auto sales are a pretty good hint at what we can expect to see when carmakers begin reporting earnings later this week and next.
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How Auto Dealers View the Evolution of Mobility
A recent study found auto dealers and consumers are more closely aligned on the future of mobility than many industry experts might have previously believed.
Investors Flee as Ford CEO Pitches US Turnaround
Ford management met with its U.S. dealers in Las Vegas. The event was, among other things, a chance for Ford to boast about the "onslaught of new vehicles."
Ford’s Plan to Turn Itself Around
At its national dealer meeting in Las Vegas this week, Ford announced a new marketing push to build customer loyalty. This morning the stock took two price target cuts and one downgrade.
The Ongoing Tesla Saga: Elon Musk’s Stake and Tweets
The ongoing Tesla saga keeps offering new twists and turns for both the company and its shareholders.
September Car Sales Plunge in Europe
Following a month of booming auto sales in the European Union, September sales plunged more than 20% as new emissions and fuel-consumption testing procedures were implemented.
New Auto Loans Up 3.5% in First Half of 2018
The average U.S. new car loan rose 2.2% year over year in the first half of 2018 to nearly $23,000, according to new data from Equifax. More than 12 million Americans borrowed the money…
Ford’s One-Car China Turnaround
China is mobbed with cars and light trucks from every major car company in the world and from car companies based in China. How is one new car going to change Ford's fortunes there?
Tesla’s Software Upgrade Included a Massive Jump in Visual Learning Power
Tesla's recently released Autopilot software update includes a major improvement in the vehicles' ability to visualize its surrounding environment.
Demands Rise for Hyundai, Kia Recall Due to Engine Fires
The U.S. National Highway Traffic Safety Administration has received more than 200 complaints of engine fires in certain Hyundai and Kia vehicles. Calls are intensifying for the vehicles to be recalled.
As Ford China Sales Fall 43%, Questions About CEO Hackett’s Tenure Grow
Ford sales fell 43% in China in September, a blow to the already reeling company and a threat to the tenure of its embattled CEO James Patrick "Jim" Hackett.
Ford Is Not Selling the Cars That Chinese Buyers Want
Ford's sales in China dropped 43% last month and sales for the year are down 30%. The carmaker is not alone, however. Chinese sales are on a path to their slowest annual growth in…
Tesla Warns About Federal Tax Credit Deadline, but What About After?
When Tesla reached its milestone 200,000th electric car delivery in July, the clock started running on reducing the federal tax credit to buyers from $7,500 to zero by the end of next year.
New CEO Won’t Save Volkswagen in America
Volkswagen has a new CEO in America, though it doesn't really need one at all. It might as well run the unit out of Germany.
Americans Remain Highly Skeptical of Self-Driving Vehicles
A new survey from J.D. Power indicates that Americans remain solidly skeptical of both the likelihood that self-driving cars will be available and that they themselves would ride in one.