Ford Debt Now Officially Junk
Now that S&P has joined Moody's in dropping Ford's credit rating to below investment grade, the company's debt can officially be called junk.
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What This Downgrade Means for Tesla Stock in the Near Term
Tesla was an absolute market darling going into this coronavirus scare. Since then, it has sold off with the rest of the market, and now it has been downgraded.
GM Pumps Up Balance Sheet With $16 Billion Promise
GM announced Tuesday that it has drawn $16 from its credit facilities to boost its cash position. Investors are interpreting that as a backstop for dividends.
Global Production Shutdowns No Help for Ford Stock
Ford has announced the closure of assembly plants in North America, Asia and elsewhere due to the coronavirus pandemic. The questions is, even when production resumes, will there be buyers?
Even the Mighty Tesla Has to Bow to the COVID-19 Carnage
Even the most innovative companies in America are getting mowed down in some form or fashion as the recession starts to unfold. Tesla Inc. (NASDAQ: TSLA | TSLA Price Prediction) may have seen its…
Auto Industry Collides With Coronavirus
To say that the auto industry is about to take a beating due to the coronavirus pandemic is perhaps an understatement.
UAW Seeks for Auto Factories to Close After Coronavirus Case Update
Some industries just cannot have their employees work from home. That fits the bill for most automaker workers who are involved on the factory lines.
Ford May Cut Dividend Soon
Ford has one of the largest dividend yields of any major U.S. company. It cannot maintain that dividend if its sales in China continue to plunge.
Americans Own Fewer Cars, Drive Fewer Miles
The number of cars per person in the U.S. dropped in 2018 and continues below its peak of a dozen years ago. Miles driven per person are even lower. Is the American love affair…
What It Will Take to Get Drivers to Trust Self-Driving Cars
New research from the Insurance Institute for Highway Safety (IIHS) recommends that self-driving technology pay more attention to how drivers respond to system warnings to retake control of the vehicle.
Why China Sales Are Wrecking Ford Stock
Ford may face its worst year in a decade as coronavirus spreads around the world. The U.S. market may be difficult, but it is China that could erode the numbers at a frightful level.
Tesla Stock Recovers After Musk Says Company Has Built 1 Million Cars
Tesla CEO Elon Musk has said that the company just produced its millionth vehicle. The company will get to 2 million more quickly, but the competition is starting to heat up.
China Auto Sales to Drop 8%, Threatening Ford and GM
The China Passenger Car Association said car sales across the country will drop sharply this year. Ford and GM face an uphill battle that they are unlikely to win.
Ford and GM Face Their Worst Year in a Decade
General Motors and Ford may face their worst year in a decade as coronavirus spreads around the world. While the U.S. market may be difficult for them, it is China that could erode their…
The World’s 10 Most Valuable Car Brands
A new study looks at brands associated with individual automobiles and the value of their parent companies. One of these stands out as the most valuable.