More than two dozen state and local governments along with several environmental groups and five automakers have indicated their intention to file briefs in a lawsuit against the EPA related to automobile…
Debt rating agency Moody's has downgraded some $130 billion in automakers' debt.
Automaker Fiat Chrysler is reportedly near a deal for $7.1 billion in Italian-government backed loans to guarantee liquidity as the country recovers from the COVID-19 pandemic. But the deal may be bogged…
Paul Ausick The pandemic has caused supply and demand problems for Ford and damaged consumer confidence.
Car sales in Europe imploded in April, hurting the ambitions of two of America's largest car companies.
Even as Ford plants reopen the coronavirus has cut demand and rattled the supply chain, as well as shareholders.
Ford intends to restart the assembly lines at its North American factories on May 18. The plants have been closed since March 19 because of the coronavirus pandemic.
Ford's balance sheet troubles and junk-rated debt make a recovery difficult. The company has to get back on its feet quickly.
While Ford stock is at the back of the pack in terms of its performance, the outlook provided with recent earnings doesn’t paint an encouraging picture going forward, for neither the stock…
24/7 Wall St. has put together a preview of Disney, GM, T-Mobile, Uber some of the other most anticipated quarterly reports due this week.
GM announced Monday that it has extended two credit agreements while suspending its dividend and buybacks as it builds liquidity during the coronavirus pandemic.
New car sales in the European Union fell by 55% in March leading to a decline of more than 25% for the first quarter. Lockdowns related to the coronavirus pandemic get the…
Congressional negotiators have struck a deal with the Trump administration on a $2 trillion stimulus package to offset some of the impacts of the coronavirus pandemic. Investors are finding winners and losers…
Ford has announced the closure of assembly plants in North America, Asia and elsewhere due to the coronavirus pandemic. The questions is, even when production resumes, will there be buyers?
To say that the auto industry is about to take a beating due to the coronavirus pandemic is perhaps an understatement.
