Presidential policies have helped certain companies and certain sectors almost every single presidential cycle in memory. But now there is something you haven't likely seen occur before.
Self-driving car startup Cruise Automation announced this morning that it had raised $1.15 billion from institutional investors, raising the company's valuation to $19 billion.
President Trump's weekend tweets regarding imposing additional tariffs on Chinese goods has weighed on markets Monday and may have a nasty impact on several top American brands in the future.
The stock market indexes were taking it on the chin on Monday after President Donald Trump tweeted that new tariffs will go into effect shortly if trade talks with China do not…
U.S. auto sales fell below an annual rate of 17 million in April. Way below.
GM beat analysts earnings expectations but revenues were light both in North American and in China. Shares retreated after the report.
Paul Ausick The Wall Street Journal reports that confidence in Ford CEO Jim Hackett's plan and his ability to lay it out clearly have taken a dive.
24/7 Wall St. has put together a preview of Alphabet, GE, GM, Square and the other most prominent of the many earnings reports that are expected this week.
There remains a good deal of skepticism about Ford's future, particularly in its core car sales business in the world's two largest car markets.
Auto industry analysts at Cox Automotive and J.D. Power expect April sales to be down year over year and month over month.
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.
In the past five days, Tesla's market cap has dropped to $47 billion while GM's has risen to $54 billion. Whether its market value can rise above GM's again will depend in…
General Motors reported first-quarter vehicles of more than 665,000 Tuesday morning, a decline of 7% compared with the same period a year ago. Sales of light trucks, SUVs and crossovers accounted for…
Paul Ausick Ford CEO Jim Hackett was paid 276 times more in compensation last year than the median employee. Hackett's pay rose by about 10% while employee compensation rose by about 9.6%.
Auto sales in the European Union dropped in February for the sixth straight month. Among the EU's large economies, Germany was the volume sales leader and the U.K. was the laggard.
