Tesla Still Plans to Deliver as Many as 400,000 Cars This Year
Tesla posted relatively poor earnings. However, if the number of cars an auto company sells is a major key to success, Tesla continues to be on the right road.
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What to Expect When Tesla Releases Q1 Results After the Close
Tesla is scheduled to release its most recent quarterly results after the markets close on Wednesday, and the consensus forecast sees a net loss.
This Is Why Ford Is Investing $500 Million in an Electric Truck Startup
Ford announced Wednesday that it has invested $500 million in truck maker startup Rivian. Ford and Rivian will develop a new vehicle using Rivian's "skateboard" platform.
Detroit Gets a Major Boost From the Self-Driving Car Business
Waymo, the self-driving car unit of Alphabet Inc., plans to invest $13.6 million in a vacant Detroit manufacturing plant where the company will build self-driving vehicles.
Why Used Car Prices Are Rising
Used car sales got off to a rocky start in 2019 and a slight improvement in March is unlikely to last throughout the rest of the year.
Why One Key Analyst Has Soured on Tesla Ahead of Q1 Results
Tesla is scheduled to release its most recent quarterly results later this week, but there are already concerns from analysts and investors alike.
BMW Recalls 360,000 Cars in China
Luxury car maker BWM recalled 360,000 cars in China, the world’s largest car market by far. According to The People’s Daily: BMW will recall 360,001 vehicles in China to replace defective airbags, according to…
Automakers Rev Up Electric Vehicle PR Engine
A new survey indicates that a solid majority of drivers in the northeastern U.S. are considering buying an electric car as their next new vehicle.
Uber Self-Driving Car Unit Gets $1 Billion, Valuing It at $7.25 Billion
Most large car companies around the world want to get leadership in this sector, a gamble that at some point people will no longer want to buy their own cars.
Ford to Build New Lincoln SUV in China
Ford plans to build its new Lincoln Corsair crossover in China for the Chinese market and in the United States for the U.S. market. The company also outlined its new product line management scheme.
People to Buy Fewer Cars This Year, but More Electric Vehicles
Taiwan-based research firm TrendForce projects a small drop in global new car sales this year to around 94.4 million vehicles. Sales of electrified cars will continue to grow, however.
How People Buying Cars Has Changed Over the Years
Buying a car has changed significantly over the years. In some ways, however, it hasn't changed much.
Ford Sales Tumble in China, Drop in Europe
Ford's first-quarter sales were lower in both Europe and China according to the company's latest reports.
Chevy Offers Over $9,000 Discount to Sell a Big Pickup
The second best-selling vehicle in America is on sale. GM has a Chevy Silverado, the model that it has discounted more than $9,500.
Why Tesla, Panasonic Are Delaying Gigafactory Expansion
A Japanese newspaper reported Thursday morning that Tesla and Panasonic have delayed expansion plans for Tesla's Nevada Gigafactory and Panasonic also intends to suspend investments in a new Shanghai factory.