cars

Vroom, Inc. (NASDAQ: VRM) shares are trading lower in Monday's after-hours session after the company announced it is discontinuing its operations and winding down its used vehicle dealership business. What To Know: Vroom announced on Monday after the close of the market, causing shares to...

General Motors was riding high today following its announcement on Wednesday of further shareholder returns and the reinstatement of its full-year guidance. Shares in General Motors Co (NYSE:GM) were up 0.76% at $31.83 on Thursday, following a 9.4% surge in the previous trading session. The company...

The European Union (EU) has initiated an anti-subsidy investigation into Chinese electric vehicles (EVs), including exports from Tesla Inc. (NASDAQ:TSLA), causing a slight dip in Tesla’s share value. What happened: Insiders revealed that the EU’s probe, first reported by ...

The United Auto Workers (UAW) union strikes have entered their fifth day as workers continue to push for higher wages. Stellantis N.V. (NYSE: STLA) COO Mark Stewart says the automakers are doing all they can to reach a deal quickly. What To Know: The UAW is going head to head with...

The ongoing UAW strike from the big three Detroit automakers continued to be a big topic of discussion for the markets and auto industry. While no one knows exactly how long the strikes could last, some experts are pointing to Tesla Inc (NASDAQ: TSLA) and its CEO Elon Musk as the winners...

Three of the leading U.S. automotive companies face uncertainties after a contract dispute with the United Auto Workers (UAW) union was not resolved Thursday night. Union workers at several Ford Motor Co (NYSE: F), General Motors Co (NYSE: GM) and Stellantis NV (NYSE: STLA) are now on...

The United Auto Workers (UAW) union initiated a strike against Detroit's three major automakers following the expiration of their contracts. The strike, historically unprecedented in its scale, targets Ford Motor Co (NYSE: F), General Motors Co (NYSE: GM) and Stellantis NV (NYSE: STLA...

Ford Motor Co (NYSE: F) is on the precipice of facing one of the largest strikes in its history, as CEO Jim Farley expressed frustration over the lack of counteroffers from the United Auto Workers (UAW) union ahead of the imminent strike deadline tonight at 11:59 p.m. Farley said the...

The United Auto Workers (UAW) President Shawn Fain sent a resounding warning to Big 3 automakers Ford Motor Co (NYSE: F), General Motors Co (NYSE: GM) and Stellantis NV (NYSE: STLA), signaling an imminent strike is on the horizon if the union's demands aren't met....

Autohome Inc (NYSE: ATHM) reported Q2 2023 revenues of $252.79 million, up 5.8% year-on-year, beating the consensus of $249.5 million. The top line benefitted from solid growth in its online marketplace and other businesses. Non-GAAP earnings per ADS of $0.64 beat the consensus of $0...

General Motors Co (NYSE: GM) reported better-than-expected financial results Tuesday morning, but the stock is hitting the brakes after the company announced cost-cutting measures, suggesting its EV strategy could face a bumpy road ahead in the near term. Following the print, CEO Mary Barra...

In Moscow, what's old is new again when it comes to a redesign of a classic Russian car.  Originally a Soviet/Russian car produced by AZLK from 1946-1991 and by OAO Moskvitch from 1991-2001, the revamped Moskvitch made its debut in November 2022 to acclaim,...

Following Tuesday's upgrade from Jefferies that lifted Ford Motor Co (NYSE:F) shares about 5%, investors may be rushing into the stock in hopes of it hitting the analysts’ price targets. But what about its dividend yield? How many shares would one need to yield a steady $500 per month in...

America's Car-Mart, Inc. (NASDAQ: CRMT) stocks are sliding after reporting the fourth quarter of FY23. The automotive retailer registered adjusted earnings per share of $0.32, which missed the analyst consensus of $1.13.  Revenues rose 12.2% year-over-year to $388.3...

Adient PLC (NYSE: ADNT) reported second-quarter FY23 sales growth of 12% Y/Y to $3.91 billion, beating the consensus of $3.76 billion. Revenues benefitted from higher volumes and slight commercial recoveries in the quarter.  Gross profit increased to $250 million from $175 million a...