Tesla released its second quarter financial results after the markets closed on Wednesday. The company reported a net loss of $3.06 per share on $4.00 billion in revenue, compared with consensus estimates that called…
Ford sold more than 70,000 F-Series pickups in July, bringing the country's best-selling vehicle to a total of more than 500,000 units sold in the first seven months of 2018.
Tesla is scheduled to release its second-quarter financial results after the markets close on Wednesday.
Fiat Chrysler sales rose 6% in July, led by a 15% jump in Jeep sales. The company's Alfa Romeo brand sales rose 65% on the strength of the new Stelvio.
Ford reported July sales fell about 3% year over year, with passenger car sales down nearly 28%. Retail sales also fell sharply while fleet sales rose.
Tesla is scheduled to release its second-quarter financial results after the markets close on Wednesday.
Uber, the world's largest ride-sharing company and one of the most valuable startups ever, is in the self-driving vehicle business. The question is why?
Automakers will report July sales next week and industry researchers are forecasting month-over-month and year-over-year declines for the month and for the second half of the year.
The rules for a public company about ill CEOs are firm but may not be followed in many cases. A sick person at the top causes risk and the company needs to tell shareholders.
Ford CEO Hackett does not hold his fate in his own hands. The Ford family has been impatient with CEOs before and pushed them out.
Ford topped revenue estimates for the quarter, but profits fell short and the company lowered its EPS guidance. Investors had been inching toward the exits all day, and the results finally drove them out.
Fiat Chrysler announced this morning that long-time CEO Sergio Marchionne had died and then posted second-quarter results that were well below expectations. The automaker also cut revenue and profit guidance.
GM reported second-quarter earnings and revenues this morning that were better than expected, but investors did not like what they heard about rising costs and lowered EPS guidance.
Sergio Marchionne, who headed Fiat and later Fiat Chrysler for the past 14 years, has died at the age of 66.
Ford has spun out its autonomous car division but said nothing about how it intends to best the army of competitors in the segment.
