Ford Chair Bill Ford Has Run Out of Excuses
Ford's latest earnings statement shows how poor a job its CEO and board chair have done as the company's performance continues to deteriorate.
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The Best Auto Repair and Tire Replacement Companies in the US
As Americans keep their vehicles longer, they spend more on repairs and tires. Here are the best shops according to a customer survey by J.D. Power and SurveyMonkey.
Will GM Buy Ford as Industry Consolidates?
If car companies learned anything in the last recession, it is that a sharp drop in car buyers can ruin a manufacturer. GM would certainly find Ford a strong partner as the industry consolidation…
Tesla’s Q3 US Sales Fell by $2 Billion
Tesla's U.S. sales fell by $2 billion year over year in the third quarter according to the company's filing with the SEC on Tuesday. That's a drop of 39%.
Average October New Vehicle Price to Hit New Record Above $34,000
Americans paid more in October than ever before for a new vehicle. And while sales volume was a bit lower this year, the industry remains solidly on track to exceed sales of more than…
More Than 300,000 Vehicles Subject to 3 Ford Safety Recalls
Ford is recalling more than 300,000 vehicles in three separate safety recalls. Most are model year 2015 through 2017 Transit vans.
GM Q3 Earnings Overcome Strike, Low Volumes, but Wait Until Q4
General Motors reported much-better-than-expected Q3 profits and revenues Tuesday morning despite the recent UAW strike.
GM Sales Expected to Drop in October
Auto sales should stay steady, moving along at a near-record pace, in October. However, some car companies will suffer a fall-off in sales.
Another Loss for the Hip and Trendy: Ford Flex Driving Into the Sunset
Ford announced Monday that it will stop building its Ford Flex crossover vehicle after 11 years of what can only be called so-so sales.
Will GM Clear a Sharply Lower Bar When It Reports Earnings Tuesday?
When GM reports third-quarter results Tuesday, the company will be aiming to clear an earnings bar that is a third lower than it was just three months ago. Labor strikes will do that.
Risky Auto Loans Beginning to Bite Lender
Higher new vehicle prices and lower scrutiny of borrowers' reported income are leading to a rise in delinquent auto loans, particularly among borrowers with low credit scores.
Voting Ends Friday on UAW-GM Contract Deal; Ford, Chrysler Turns Coming
GM's union 46,000 union employees on Friday will complete voting on a new contract. If the deal is approved, Ford and Chrysler negotiations will go into high gear.
Can Tesla Keep Cutting Costs to Post Profits?
Tesla posted an unexpected profit in the third quarter and investors are jumping into the shares with both feet. Can the company keep up the momentum?
Ford Chair Bill Ford Has Run Out of Excuses
Ford's latest earnings statement shows how poor a job its CEO and board chair have done as the company's performance continues to deteriorate.
Why Ford’s Q3 Results Were Not as Good as They Looked
Ford beat estimates for both earnings and revenues in the third quarter. But the good news was soft concerning the company's real business of making and selling cars and light trucks.