Ford Motor Company (NYSE:F) was on the receiving end of a tweet sent out by President Donald Trump through which he criticized the automotive manufacturer for building expensive vehicles that are less safe. Trump weighed in on automotive companies on Wednesday through the Tweet, with a particular focus on Ford for failing to support his […]
Automobile
Tesla Inc (NASDAQ:TSLA) Temporarily Suspends Its Model 3 Production Plant
Tesla Inc (NASDAQ:TSLA) announced recently that it’s temporarily closing its famous Model 3 assembly plant for about five days as part of the company’s strategy to update its automation and address its bottlenecks that cause delays in the production rates of Model 3 sedan. The affected employees have been advised to take the vacation days […]
Ford Motor Company (NYSE:F) Embraces Strong Performance With Its July Sales In China
Ford Motor Company’s (NYSE:F) sales have grown and particularly in China where there was a strong performance of up to 15% increase in July compared to the same time last year. This was occasioned by the sale of 88,189 vehicles. The company’s joint ventures also had its share of good performance. Changan Ford (CAF) and […]
Ford Motor Company (NYSE:F) Orders Safety Recall Of 830K Models With Faulty Side Door Latches
Ford Motor Company (NYSE:F) has announced on Thursday that it will be ordering the regional safety recall of about 830,000 units of 2013-15 Ford C-MAX, 2013-15 Ford Escape, 2012-15 Ford Focus, 2015 Ford Mustang and Lincoln MKC, ane 2014-2016 Ford Transit Connect in North America to replace their side door latches. Safety Issue The pawl […]
Ford Motor Company (NYSE:F) Signals A Pick In US Auto Demand
Ford Motor Company (NYSE:F) has reported that the July sales in US fell compared to the same month and time last year. The results for the Fiat Chrysler Automobiles NV (NYSE:FCAU) were weaker, and the same results also applied to Nissan. This is evident that the automobile demand in the US might be falling or […]
Ford Motor Company (NYSE:F) Falcon Ute Shuts Its Production Operations In Australia
Ford Motor Company (NYSE:F) will be closing its Australian doors by the end of 2016 having rolled out its last unit of a two-door coupe utility vehicle on July 29 in Melbourne. Hostile manufacturing costs, weak sales, as well as losses of AUD$141 million and AUD$290 million, are some of the quoted factors that are […]
Fiat Chrysler Automobiles NV (NYSE:FCAU) Boosts Its Sterling Heights Plant With A $1.49 Billion Investment
$1.49 billion is what Fiat Chrysler Automobiles NV (NYSE:FCAU) will be using to revamp its Sterling Heights Assembly Plant in Michigan. The automaker says that it is moving in haste to make the plant ready for the building of the next-generation Ram 1500 pickup truck. The current production of the Chrysler 200 mid-sized sedan is […]
Tesla Motors Inc (NASDAQ:TSLA) Stock Price Rise After A Major Announcement
The stock prices of Tesla Motors Inc (NASDAQ:TSLA) soared to incredible heights (3.6%) after the electric vehicle high-flyer company announced its plans to hire thousands of new recruits in 2016. The company’s primary focus will be to build a team for developing an autonomous car. The growth of Tesla has been unstoppable and with its […]
UAW Chooses Fiat Chrysler Automobiles NV (NYSE:FCAU) For Negotiations
The United Auto Workers (UAW) has chosen Fiat Chrysler Automobiles NV (NYSE:FCAU) for negotiating a new labor agreement. The move came as a surprise as Fiat Chrysler is the smallest of the three auto makers in Detroit. The move also dodges the union’s tradition of negotiating with the strongest company to extract the best terms […]
Honda Motor Co Ltd (ADR) (NYSE:HMC) Claims It Used ARC Airbag Inflators
Honda Motor Co Ltd (ADR) (NYSE:HMC) confessed that it used airbag inflators manufactured by ARC Automotive Inc., which is currently being investigated for probable flaws. A dark cloud of vehicle recalls has been hovering over the automaker for quite a long time now. The firm was the most affected by vehicle model recalls on account […]
The Irony of an Oil Company Venturing into Solar Power Energy
An Oman oil company recently announced a partnership with a California-based solar firm called Glasspoint. The two will be working together to create the biggest solar project in the world. This is certainly a first as oil companies have been known to criticize solar power companies for planning to ruin the oil business. Having an […]
General Motors Company (NYSE:GM) Reports Higher Growth In U.S. Compared To China In First Half
General Motors Company (NYSE:GM) reported Higher margins in the USA than China in light of the slowing Chinese economy in the first half of the year. The company had earlier posted low sales margins in the Chinese market owing to the slowed economy. China has been the biggest market for the company. Most customers had […]
General Motors Company (NYSE:GM) Setting The Stage For Announcement Of Navistar Partnership For Commercial Trucks
Analysts believe that General Motors Company (NYSE:GM) about to announce a commercial truck partnership with Navistar International. The Automotive manufacturer recently announced a partnership with ISUZU MOTORS LTD ADR (OTCMKTS:ISUZY) where the two will work together to develop new-generation cab over medium-duty truck. Sources believe that the partnership with Navistar will also focus on the […]
Pick Ford Motor Company (NYSE:F), Drop General Motors Company (NYSE:GM): Goldman Sachs Group Inc (NYSE:GS)
Ford Motor Company (NYSE:F) has been doing well since it introduced new truck line some time back. Its continuous good performance has prompted Goldman Sachs Group Inc (NYSE:GS) to place it in ‘Hot Stock’ list. At the same time, GS believes that the momentum of General Motors Company (NYSE:GM) is slowing down with time; hence, […]
Tesla Motors Inc (NASDAQ:TSLA) Clocks 1 Billion Miles Worldwide With Its Tesla Model S Cars
Tesla Motors Inc (NASDAQ:TSLA) is jubilant after the drivers of its Tesla Model S Cars have clocked 1 billion miles across the world. The company also went on setting up a new landing page to celebrate the event. The company even equated the success of mileage with a two thousand year trip or 4.186 voyages […]
Recent Stories
AT&T Inc. (NYSE:T) Offers Free Shows: Oz To Game Of Thrones To Premium Mobile Customers To Counter Competition From Sprint And Verizon
Looking Around the Corner in the CBD Boom (CVSI, CWBHF, GDET, ACB)
AVEO Pharmaceuticals, Inc.’s (NASDAQ:AVEO) TIVO-3 Trial Results Inconclusive And Uninterpretable
Is Forever 21 Bankruptcy Stalled?
Itau Unibanco Holding SA (NYSE:ITUB) Gets A Breather To Proceed With Credit Card Payments To Its Customers