At first glance, General Motors' (NYSE: GM) second-quarter results seemed pretty good. While the global semiconductor shortage kept GM from shipping as many vehicles as it would have wanted, its profitability on the vehicles it did ship was excellent. But GM's stock fell sharply
Auto investors had a pleasant surprise when Ford Motor Company (NYSE: F) reported its second-quarter earnings on July 29: a nice profit. While the effects of the global semiconductor shortage had Wall Street expecting a loss of about $0.10 per share, Ford instead managed a tidy p
Last week, President Joe Biden and leaders of the United Auto Workers and the three Detroit automakers -- Ford Motor Company (NYSE: F), General Motors (NYSE: GM), and Chrysler parent Stellantis (NYSE: STLA) -- announced a bold goal: 40% to 50% of vehicles sold in the U.S. should
Last week, President Joe Biden invited the Detroit automakers -- Ford Motor Company (NYSE: F), General Motors (NYSE: GM), and Stellantis (NYSE: STLA), which owns Chrysler -- and the United Auto Workers labor union to the White House for an announcement: The Biden administration h
Detroit's auto giants are already spending big on electric vehicles. Ford Motor Company (NYSE: F) has electric versions of its Transit van and F-150 pickup on the way to join its popular Mustang Mach-E crossover; General Motors (NYSE: GM) has a slew of new EVs in development that
Ford Motor Co said production of versions of its new Bronco SUV will be delayed because the plastic roofs could fade in hot, humid conditions, a problem the automaker said won't affect safety.
Investors in Ford Motor Co. (Symbol: F) saw new options begin trading today, for the October 1st expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the F options chain for the new October 1st contracts and identified one put and one call cont
(RTTNews) - Amazon's electric vehicle business, Rivian Automotive Inc is going to invest $5 billion in a Texas project to make its second manufacturing plant.
A group of 29 U.S. House Democrats want congressional leaders to include at least $160 billion in additional funding for electric vehicles as part of a $3.5 trillion spending measure, according to a letter seen by Reuters.
What happened
Shares of Lightning eMotors (NYSE: ZEV) were trading lower on Wednesday, a day after the company's stock price surged on news of a deal with a shuttle-bus maker owned by Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B).
Ford Motor Co's electric vehicle battery joint venture with South Korea's SK Innovation Co Ltd will extend beyond North America into Europe, a senior Ford executive said on Wednesday.
Ford Motor Co's electric vehicle battery joint venture with South Korea's SK Innovation Co Ltd will extend beyond North America into Europe, a top Ford executive said on Wednesday.
What started as a short-term disruption in shipments of automotive semiconductors is becoming a long-term problem that is driving average prices of new and used vehicles to luxury-car levels, fueling inflation fears and causing concern in the White House.
In late December 2019, managers at Volkswagen headquarters in Wolfsburg realised they might have a serious problem in China, the company's biggest market and ticket to its electric future.
Everyone likes the shiny new thing. That's true in retail, and it is true of investing. New companies operating in emerging industries tend to get the lion's share of investor attention in hopes of finding the next big thing.