Tesla Motors Inc. (NASDAQ: TSLA) reported second quarter 2016 earnings after markets closed on Wednesday. For the quarter, the electric car maker posted an adjusted diluted loss per share loss of $1.06 on adjusted…
As is true with most car companies, a few models drive success at Mercedes and BMW. Both companies claim profitability is more important than unit sales.
Conventional wisdom might say that a Chevrolet Corvette owner would get more speeding tickets than the owner of a Volkswagen GTI. That would not be the first time the conventional wisdom was wrong.
After a rather dismal month of May, pickup truck sales improved somewhat in June, and the leading full-size pickup opened up a wider lead on its competitors.
If there is one firm that has been among the most pessimistic on Tesla Motors, it is Merrill Lynch, which now is out with seven reasons to be concerned about the SolarCity merger.
Car and light truck sales should reach 1.5 million in July, about the same as in July a year ago. The momentum should continue in August, particularly due to large discounts on the best-selling…
Porsche scores at or near the top of most well-known research on car dependability and quality. It also sells fewer units than almost any of the other brands considered in these surveys.
Automakers will be reporting July light vehicle sales totals on Tuesday, and if forecasts are correct, it will be a solid, perhaps even outstanding, month.
Volkswagen is taking the expected beating in the United States due to its emissions scandal. Its sales dropped sharply in July, according to Kelley Blue Book.