+$0.20 (+3.3%)
Real time price as of July 10, 2020 3:13 pm EDT
The Detroit Three automakers are having a lousy year that is not expected to improve much. But what about next year, and the year after that? Which one is better positioned to claw back profits in a...
Second-quarter sales from the three major U.S. carmakers fell by more than a third year over year. A recovery in May and June could fizzle though and the summer could be a bust for manufacturers and...
Tesla announced Thursday that it delivered more than 90,000 vehicles in the second quarter despite the fact that its California plant was closed for 41 days due to the COVID-19 pandemic.
More than two dozen state and local governments along with several environmental groups and five automakers have indicated their intention to file briefs in a lawsuit against the EPA related to...
Debt rating agency Moody's has downgraded some $130 billion in automakers' debt.
While the F-150's success is at the heart of Ford's financial performance, the new version will do little to pull Ford out of its deeply troubled position.
Ford is upbeat as sales and production recover, and focusing on trucks and internet connectivity.
Ford, General Electric and these other stocks are likely to survive the current troubles and could very well offer patient investors some huge returns over the next year or so.
Ford's F-150 has been the best-selling vehicle in the United States for decades. The pickup is getting a makeover for the 2021 model year and will debut as an electric vehicle in mid-2022.
Toyota is no longer the most valuable car company as measured by market capitalization. That honor now belongs to Tesla, even though Tesla sells a fraction of the vehicles Toyota does each year.
Ford stock has lagged the market but could get a lift as workers return to factories and buyers return to showrooms.
The pandemic has caused supply and demand problems for Ford and damaged consumer confidence.
Ford will likely have the summertime blues when it comes to reaching its sales goals. How bad those blues will be depends on the pandemic, unemployment numbers, and consumer sentiment.
May U.S. car sales are expected to be down sharply from a year ago. That shows the long road to a comeback for America's large carmakers.
It may seem improbable that a huge discount warehouse company can help a car company that is desperate to find buyers. Yet, Costco is doing just that.