This week, electric car maker Tesla Motors cut its revenue forecast and announced it would be selling 5 million shares of stock to raise capital. Some are beginning to question the long-term…
The real trouble for U.S. companies that operate abroad is supposedly sales in the European Union. Legions of public corporations with significant portions of their revenue from the region will report that a slow…
In 2011, new car and light truck sales in the United States came in at about 13 million units sold. According to TrueCar.com, forecast sales for September put new light vehicle sales…
Ford Motor Co. (NYSE: F) said Tuesday that it will cut several hundred jobs in the United Kingdom, Germany and elsewhere in Europe due to declining demand in the region. Ford warned…
Trey Thoelcke Short sellers aimed their guns at the stocks of the financially weakest companies, as data from the period that ended on September 14 shows. The actions hold true for shares that trade on…
Admitting that it had overestimated both the market for all-electric vehicles (EVs) and the ability of battery makers to meet consumer requirements, Toyota Motor Corp. (NYSE: TM) announced this morning that it…
Germany begins talks to set a permanent bailout fund for Europe as high as 2 trillion euros. (Reuters) Apple Inc. (NASDAQ: AAPL) asks a court for an additional $707 million from Samsung,…
The three large American auto firms have to hope that their negotiations with the United Auto Workers will be as easy as the ones they have had with the Canadian Auto Workers. The…
iPhone 5 Sales Forecasts The launch of the Apple Inc. (NASDAQ: AAPL) iPhone 5 began in Asia and has moved toward the United States, where it will be available for sale today. The…
The management of one more car company says it expects huge sales improvements over the next few years. There is hardly a large manufacturer that has not forecast double-digit growth or better in roughly that…
Alan Mulally, CEO of Ford Motor Co. (NYSE: F), said today that he has no plans to leave the automaker any time soon: “My plan is to continue to serve as the…
Paul Ausick Chinese companies cut costs for items like safety features to bring down production costs. (Reuters) Apple Inc. (NASDAQ: AAPL) sets a record with the sale of two million iPhones in 24 hours.…
Tepid demand in Europe and declining sales in China will stymie growth in the global auto industry in 2013, according to new report from Moody’s. Global demand growth estimates have been cut…
If there is one chief executive who deserves significant accolades in the U.S. auto sector, it is Alan Mulally of Ford Motor Co. (NYSE: F). Now the public is going to have…
Three pieces of news came out of the auto industry recently. The first involves the decision of the Canadian Auto Workers union to target Ford Motor Co. (NYSE: F) in its negotiations over…
