Tesla, Like Every Other Car Company, Cuts Prices as Demand Drops
It is hard to say how long car demand will stay low. Tesla, like any other manufacturer is fishing for new business, and its primary tactic is lower prices.
It is hard to say how long car demand will stay low. Tesla, like any other manufacturer is fishing for new business, and its primary tactic is lower prices.
Americans have little interest in self-driving cars. The information is a blow to a major transformation of the automobile industry.
Car sales in Europe imploded in April, hurting the ambitions of two of America's largest car companies.
Even as Ford plants reopen the coronavirus has cut demand and rattled the supply chain, as well as shareholders.
This Detroit automaker needs to get back on track, and the only way they can do that is by restarting production in a safe but effective way before it falls to penny stock status.
U.S. carmakers believe that they need to begin to make cars again or wait on the sidelines while their cash balances are depleted. Will they put the health of factory workers in jeopardy?
Tesla has filed suit against the county where its U.S. auto assembly plant is located, claiming that county officials have exceeded their authority and should allow the plant to restart operations. The company has…
Ford has reopened plants in China and Europe and plans to follow in North American on May 18. The move towards electrics remains a big push for the company, even for its best-selling vehicle,…
Ford intends to restart the assembly lines at its North American factories on May 18. The plants have been closed since March 19 because of the coronavirus pandemic.
The average age of a car on the road in America is over 11 years. This poses a nearly impossible dilemma for manufacturers as they try to get sales back to former levels.
Ford's balance sheet troubles and junk-rated debt make a recovery difficult. The company has to get back on its feet quickly.
While Ford stock is at the back of the pack in terms of its performance, the outlook provided with recent earnings doesn’t paint an encouraging picture going forward, for neither the stock nor the…
General Motors reported better than expected first-quarter financial results before the markets opened on Wednesday.
GM has started to offer 0% APR financing for 84 months for cars and trucks sold at its big Chevy division. The question is, do people want to own a vehicle for seven years?
The Ford family can't afford to see its namesake company implode, and with it the fortune they have enjoyed for over 100 years.