Year over year, new car sales for April dipped slightly in the European Union to 1.3 million units. For the first four months of 2019, sales are down 2.6%.
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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.
