Ford June Sales Up, Down Year to Date
Ford posted a year-over-year sales increase of 1.2% for June, but year-to-date sales are down, primarily due to weak sales of passenger cars.
Ford posted a year-over-year sales increase of 1.2% for June, but year-to-date sales are down, primarily due to weak sales of passenger cars.
GM reported second-quarter 2018 vehicle sales Tuesday morning. The Chevy Silverado remains the company's top seller as sales grew nearly 16% year over year.
June sales at Fiat Chrysler rose 8% year over year and sales of Jeep and Ram brand vehicles posted their best-ever June sales level.
Tesla officially reported that Q2 production of the Model 3 sedan reached 5,031 for the seven days ending June 30. The company's next headwind may be the coming end of the U.S. tax credit…
Gene Munster of Loup Ventures believes that Tesla will raise Model 3 production from nearly 5,000 per week at the end of June to 6,000 per week by the end of September.
Tesla had to ramp up Model 3 production to reach its stated goal. But the number may not be sustainable, which will raise more questions about the company's future.
Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk said the company would reach production of 5,000 Model 3 vehicles per week. A new tweet says he did better, but it included all Tesla models: Of…
BMW is the latest in a long line of companies, based in both the U.S. and overseas, which claim tariffs will severely damage their businesses. A BMW letter to Commerce Secretary Wilber Ross says…
Tesla CEO Elon Musk will need to make an unusually convincing argument that any production number below 5,000 a week is acceptable to keep investors and the media happy.
GM's argument for job losses due to tariffs is strong, but not nearly strong enough.
Is Musk right about the future of Ford, even if his own company fails to meet all its major milestones and he loses most of his credibility?
U.S. car sales are expected to rise in June, and most manufacturers are expected to post gains. One notable exception is Ford.
Analysts at Loup Ventures spent three days watching truck traffic leaving the Tesla plant in Fremont, California. They estimate that the company is producing Model 3 sedans at a rate of about 4,300 a…
Trade wars ultimately hurt all parties involved in one way or another, and with the U.S. president threatening heavy tariffs on imported vehicles, U.S. automakers might be getting the worst deal.
A recent report about an accident that involved a Tesla vehicle spelled bad news for the company. Such accidents may dampen consumer demand at a time Tesla needs it.