automobiles

Lordstown Motors Corp (NASDAQ: RIDE) shares are trading higher Thursday after the company appointed a new CEO, Daniel Ninivaggi. He is the former CEO of Icahn Enterprises LP (NASDAQ: IEP). Lordstown Motors was up 21.27% at $6.68 at last check Thursday afternoon. See Also:...

Drivers of Tesla Inc (NASDAQ: TSLA) vehicles have convenient control over its function, charging and temperature through a smartphone app found on Android or iOS. The app has remained largely unchanged, besides a few added capabilities, throughout the years. Now Tesla has...

XPeng Inc -  ADR (NYSE: XPEV) has managed to get ahead of domestic peer Nio Inc - ADR (NYSE: NIO) exporting its EV sedan, the P7, to Norway. The first Norwegian customers are expected to receive their P7s in the fourth quarter. What Happened: XPeng confirmed it...

Toyota Motor Corp (NASDAQ: TM) was weathering the semiconductor shortage, even as the rest of the automotive industry took deep production cuts. Now it appears the chip crunch and supply chain disruptions have come to haunt the Japanese auto giant as well. Toyota Trims Target:...

Tesla Inc (NASDAQ: TSLA) came under regulatory scrutiny earlier this week over safety issues with respect to its vehicles' Autopilot. Munster Calls For More Oversight Guidelines: The National Highway Traffic Safety Administration has begun a formal probe into Tesla's Autopilot due to...

While articles covering a fire involving a Tesla Inc (NASDAQ: TSLA) vehicle seem to be common, news of non-electric vehicles burning is rare, although there were an estimated 212,500 vehicle fires in 2018 alone, according to the National Fire Protection...

General Motors Company (NYSE: GM) is having its worst day in the markets since March 2020. The slide in the stock is a result of the chip shortage and investors shouldn't be worried, Cerity Partners' Jim Lebenthal said Wednesday on CNBC's "Fast Money Halftime Report....

General Motors Company (NYSE: GM) shares are trading higher Thursday in sympathy of Ford Motor Company’s (NYSE: F) better-than-expected earnings. The stock may also be moving in anticipation of GM’s earnings announcement. GM is scheduled to report second-quarter earnings on Aug....

Ferrari NV (NYSE: RACE) will need to make higher capital expenditure earlier than expected for its transition to future technologies, according to Goldman Sachs. The Ferrari Analyst: George Galliers downgraded the rating for Ferrari from Buy to Sell, while reducing the price target from $227...

Nio Inc-ADR (NYSE: NIO) unveiled its ET7 smart electric vehicle model with its official interior, as well as the company's new Power North Plan, at the 19th Shanghai International Automobile Industry Exhibition today. The event will run through to April 28. Option traders were...

While the shares of both Ally Financial Inc (NYSE: ALLY) and Santander Consumer USA Holdings Inc (NYSE: SC) are “at the high end of their respective trading ranges,” auto lenders are expected to face a positive economic and operating environment, which should drive earnings estimates...

Japan's Toyota Motor Corp (NYSE: TM) reported a fall in revenue and operating profit in the semi-annual earnings report for six months ending September. Still, it hiked the full-year 2021 operating profit guidance as demand from China recovered faster than...

Coming off a record year, automakers were pressured to keep the good show going in 2017. Tidings weren't good in the first three months of the year, as bloated inventory levels and heavy discounting took a toll on the automakers. The lackluster performance continued into April, and the shares of...

While Donald Trump's inauguration to the United States presidency is imminent, visibility into his proposed policy issues remains cloudy. On the campaign trail, Trump promised many protectionist measures, in support of and promoting his slogan "Make America Great Again." Notable...

With production down, gas prices rising and most consumer sales looking pretty dismal, the end of 2016 may seem like slim pickings for car dealers and automobile companies. However, according to Michelle Krebs, senior analyst with AutoTrader, December may end up capping off a year nearly on par...