Ford Trucks, SUVs Drive July Sales to 9-Year High
Ford's U.S. sales in July increased more than expected, in part due to gain in SUVs and Lincoln vehicles.
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Sales rose 6% at Fiat Chrysler in July, due in large part to an increase in Jeep sales. It also recalled 284,000 Dodge Chargers.
July New Car Sales Will Push Annual Rate to 17.1 Million
ThinkstockCarmakers will report July 2015 sales of new light vehicles on Monday, and analysts are expecting monthly sales in the neighborhood of 1.47 million units and a seasonally adjusted annual rate of 17.1 million…
Ford Responds To F-150 Safety Test Concerns
Ford Motor Co.We reported a story earlier Thursday morning regarding the Insurance Institute for Highway Safety’s (IIHS) tests on the new Ford Motor Co. (NYSE: F) F-150 pickup trucks. The 2015 model F-150 SuperCrew…
How Credit Suisse Judges This New Tesla Referral Program
Courtesy of Tesla MotorsTesla Motors, Inc. (NASDAQ: TSLA) may be viewed with some caution by some investors after the company’s referral program came out on Wednesday. Even after several key analyst downgraded in recent…
The New Ford F-150 Is Somewhat Safe, But Repairs Are Expensive
Ford Motor Co.One of the challenges new cars and light trucks face is whether they can jump the hurdle of Insurance Institute for Highway Safety tests. Vehicles which do not pass are at a…
Can Tesla Make More Off of Used Cars and Referrals?
Tesla Motors Inc.The used car market is a critical portion of the auto market. In fact, you simply cannot have a good new car market without there being a solid underlying used car market.…
Could GM Really Be Worth Almost 50 Percent More?
General Motors Co.General Motors Co. (NYSE: GM) is in a very strong position looking to the future. The company has open avenues to pursue both domestically and in China. With this position, and with…
Can Ford Sustain High Profit If Market Share Declines Continue?
Ford Motor Co.Ford Motor Co. (NYSE: F) reported second quarter 2015 results before markets opened Tuesday morning. For the quarter, the automaker posted adjusted diluted earnings per share (EPS) of $0.47 on revenues of…
Do People In Developing Countries Need Cars?
ThinkstockGM (NYSE: GM) will spend $5 billon on expansion efforts to sell more cars in developing nations. The premise for this investment may be faulty. People in places like Brazil and India may not…
What to Look For in Ford Earnings
Ford Motor Co.Before markets open on Tuesday morning, Ford Motor Co. (NYSE: F) is scheduled to release second-quarter results. The consensus estimates for automaker call for earnings per share (EPS) of $0.37 on revenues…
Ford Short Interest Rises
Ford Motor Co. Shares sold short in Ford (NYSE: F) rose 4.5 million to 96.5 million in the period which ended July 15. That put it among the ten most shorted stocks in the…
San Francisco Has America’s Worst Roads
Where do rough roads cost Americans the most? San Francisco, according to a new study. If driving on the roads around New York City, where 24/7 Wall St. is headquartered, is any measure then San…
Ferrari IPO at the Starting Line
Fiat Chrysler has filed for the initial public offering of its Ferrari division. The new Ferrari is expected to be spun off completely from the parent company in early 2016.
Mitsubishi to End Car Production in US
24/7 Wall St. predicted Mitsubishi Motors would disappear from the U.S. market in 2014. The process appears to have begun.