Shares of Tesla Inc surged 13% to a record high on Monday, extending their rally to over 40% in five sessions after analysts raised their price targets on the electric car maker following its strong quarterly deliveries.
Brazil's automakers association said on Monday it only expects auto sales to recover to pre-coronavirus levels in 2025, discarding the possibility of a V-shaped recovery and taking on a grim view for the industry.
Ford Motor Co on Monday rolled out the product and marketing strategy for its new family of Bronco SUVs designed to take a bite out of Fiat Chrysler Automobiles' profitable Jeep franchise.
Ford Motor's China ventures reported year-on-year sales growth for June as the world's biggest auto market continues to recover from coronavirus-induced lows.
A British consortium formed by a group of aerospace, automotive and engineering firms to build ventilators for the country's health service said on Sunday it would end after delivering over 13,000 devices.
U.S. automakers have been squeezed this year by a combination of falling demand because of the weak economy and supply constraints because of coronavirus-related plant shutdowns. They felt the greatest pressure in the second quarter, as the pandemic peaked in many parts of the U
What happened
Shares of Graf Industrial (NYSE: GRAF) gained 20% on Thursday after the special purpose acquisition company (SPAC) announced plans to merge with a maker of sensors for self-driving vehicles. The deal would move its merger partner, Velodyne Lidar, onto public market
Entertainment giant Walt Disney (NYSE: DIS) has been suffering for the past few months while its parks and experiences were closed, and only a few have recently reopened. Its main revenue driver during the COVID-19 pandemic has been its streaming services, and it's been finding
Tesla (NASDAQ: TSLA) said that it delivered 90,650 vehicles in the second quarter of 2020, well ahead of analysts' estimates, led by strong demand for its smaller Model 3 sedan and new Model Y crossover SUV.
(RTTNews) - Ford Motor Co. (F) said Thursday that its total sales for the second-quarter declined 33.3 percent, hurt by the ongoing global COVID-19 pandemic.
(RTTNews) - Ford Motor Company (F) said the company will reveal the all-new Ford Bronco 4x4 SUV lineup on July 13 across Disney's Media Networks. The Bronco Family will be revealed across ABC, ESPN, National Geographic and Hulu. This marks the first time Disney CreativeWorks, Di
Tesla Inc on Wednesday became the highest-valued automaker as its shares surged to record highs and the electric carmaker's market capitalization overtook that of former front runner Toyota Motors Corp.
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