General Motors shares jumped on Friday after the company provided guidance for its 2019 full year. The automaker also updated investors on its strategic plan for growing earnings this year.
Chris Lange New car sales in December were disappointingly lower for two of the U.S. Detroit Three automakers as were full-year sales. Yet analysts have set high price targets for the automakers. Is that…
Among the so-called Detroit Three automakers, Ford's F-Series pickup dominated full-year 2018 sales with more than 900,000 units sold. Ram displaced the Chevy Silverado as the second highest selling full-size pickup of…
GM reported fourth-quarter and full-year sales Thursday morning that were weaker than sales in the year-ago quarter and all of 2017. Passenger car sales continue to tumble and light truck sales were…
Paul Ausick When GM reports quarterly sales Thursday, the company is also expected to announce that it has sold more than 200,000 electric vehicles. That accomplishment cuts in half the federal incentive for sales…
The Chinese government announced that it will rollback its 25% tariff on imported cars for three months beginning January 1. That is unlikely to end Ford's slowing sales in the country which…
European Union new car sales fell again in November, the third straight month for declining year-over-year sales. Volkswagen maintained is volume and market share lead last month.
Apple has announced it will build a $1 billion facility in Austin, Texas, and add other large operations in Seattle, San Diego and elsewhere.
GM to end production of the Chevy Volt, Softbank will have the second largest initial public offering in history, and other important business headlines today.
An important Chinese executive was arrested in Canada and faces extradition to the United States, Facebook CEO Mark Zuckerberg is involved in another scandal, and other important business headlines today.
Sales of pickups and SUVs carried U.S. automakers Ford and Fiat Chrysler in November. Toyota's midsize Tacoma posted its best-ever November with more than 21,000 units sold in the month.
24/7 Wall St. has identified 20 companies that are seeing their shares directly benefit as a result of the China trade talks resulting in the tariffs being delayed.
New car sales for the month of November are forecast to be lower year over year and month over month, according to estimates from two industry analyst firms.
Ford, already pressured from falling sales in China, slow progress in cutting costs and a faltering effort to get into the electric and autonomous car businesses, will be hit by a sharp…
Trump threatens to cut subsidies to GM, Microsoft's market cap is getting close to Apple's, Conde Nast pushes out its CEO, and other important business headlines.
