GM’s (NYSE: GM) Chevy has struggled to sell its Silverado pick up this year. One of its solutions is massive discounts. A current one offers 17% off on one of the Silverado models.…
After years of growth, auto sales are decelerating, posing a challenge to future momentum for the economy. Wall Street has taken notice as well.
Apple hires a digital health executive, Snap is the most shorted tech stock and Ford will offer buyouts to thousands of salaried workers.
Toyota has sold its entire block of Tesla shares as the Japanese manufacturer charts its own course in the EV world.
Ford sold more than 76,000 F-Series pickups in May, easily topping sales from GM and Fiat Chrysler. For the year to date, the F-Series has sold more than 350,000 units, up 8.5%…
May sales for Ford rose 2.2% year over year on the strength of a big boost in sales of the company's best-selling F-150 Series pickups.
Paul Ausick When automakers report new car sales for May on Thursday, analysts are looking for a slight improvement over April sales, but a decline compared with May 2016.
According to a new poll, some riders who use Uber have given up their cars. Others will do so in the near future. The trend is bad news for car companies.
The overbought markets, along with political and geopolitical uncertainties and the rising concerns about a sizable market correction, prompted some short sellers into action in the first two weeks of this month.
After several months of falling domestic car sales, May will likely tick up slightly compared to 2016. Overall domestic car sales still will be down for 2017.
Apparently one reason Ford fired CEO Mark Fields was his lack of progress with electric and autonomous cars. Among the leaders in those industries, Tesla is still presumed to be a major…
Outgoing Ford CEO Mark Fields made a total of $59 million between 2014 and 2016, the majority of that in stock awards.
Mark Fields will be fired as Ford chief executive officer and replaced by Jim Hackett, who runs the Ford autonomous car division.
In an attempt to keep up with the competition in the smart car market, Ford has added two new features to its suite.
Ford CEO Mark Field's plans have not impressed investors — again. He laid off 1,400 of the company's salaried workers in Asia and North America. Ford's stock promptly hit a 52-week low.
