vehicles

Meetings with the top management of Group 1 Automotive Inc (NYSE:GPI) and Penske Automotive Group Inc (NYSE:PAG) highlighted industry trends in tariff responses by OEMs (original equipment manufacturers), new and used vehicle sales, as well as P&S (parts and service) trends, according to...

AutoZone Inc (NYSE:AZO) shares rallied in early trading on Wednesday, after the company on Tuesday reported its fiscal third-quarter results. The announcement came amid an exciting earnings season. Here are some key analyst takeaways. Raymond James On AutoZone Analyst Bobby Griffin reiterated a...

Renowned tech bull Dan Ives has significantly raised his price target for Tesla Inc. (NASDAQ:TSLA) to $500, signaling a strong bullish outlook driven by the imminent arrival of what he terms the “golden age of autonomous” vehicles. What Happened: Ives conveyed his updated stance via an...

JPMorgan analyst Ryan Brinkman moved Goodyear Tire & Rubber (NASDAQ:GT) from no rating to Overweight and a price forecast of $17. The analyst says that the decision reflects improved execution, ongoing debt reduction, sharper operational focus and anticipated benefits from newly implemented...

General Motors Co (NYSE:GM) has announced the end of vehicle exports from the U.S. to China, a decision communicated to employees and dealers of its China export business. This move comes amid ongoing U.S.-China trade discussions, particularly concerning tariffs and broader economic conditions,...

On Wednesday, Needham analyst Quinn Bolton reiterated Mobileye Global Inc (NASDAQ:MBLY) with a Buy and a $20 price target. Mobileye announced its first Surround ADAS design win with Volkswagen AG (OTC:VWAGY) and Valeo SE – ADR (OTC:VLEEY) as Tier 1. Bolton noted this as a step...

President Donald Trump's tariff plans for Mexico and Canada could have a dramatic impact on the automotive sector, with reports that vehicles could rise in price by up to $12,000 for consumers. Trump recently paused a tariff on the auto sector for Mexico and Canada, prompting Benzinga to ask...

Ford Motor Co  (NYSE:F) reported its fourth-quarter financial results after Wednesday's closing bell. Here's a look at the key figures from the quarter.  The Details: Ford reported quarterly earnings of 39 cents per share, which beat the 33 cent estimate. Quarterly revenue came in at $48.2 billion...

Japanese automakers Nissan Motor Co Ltd (OTC:NSANY) and Honda Motor Co Ltd (NYSE:HMC) are reportedly negotiating a merger, first revealed by the Nikkei newspaper Tuesday, aiming to consolidate under a holding company and include Mitsubishi Motors. What To Know: Per Nikkei, the combined Nissan-Honda...

Today, we got the July Consumer Price Index (CPI) report which showed an overall increase of 2.9% for the last year and 0.2% for the month. That’s below last month’s 3.0% and expectations of 3.0%. The 0.2% monthly increase was in line with the 0.2% expected, and a bigger increase vs...

General Motors Co (NYSE:GM) shares are trading lower after-hours Wednesday following Ford Motor Co.'s (NYSE:F) second-quarter earnings release.  The Details: Ford shares are dropping after the company reported quarterly earnings per share of 47 cents, missing a Street consensus estimate of 68 cents...

Overview Today, we got the February Consumer Price Index (CPI) report which showed an overall increase  of 3.2% unadjusted in the last year and 0.4% vs last month. Both of those are .1% above last  month, and above expectations of 3.1% for the year. The Core CPI which excludes food and...

In a display of creativity and tech-savvy that’s as playful as it is advanced, the gearheads over at the Toyota Engineering Society have channeled their passion into crafting a motorcycle that looks like it rode straight out of Pokémon Violet. This isn’t just any motorcycle; it...

Overview: Today, we got the December Consumer Price Index (CPI) report which showed an overall increase of 3.4% unadjusted in the last year and 0.3% vs last month. This was above expectations of 3.2% for the year and above expectations of 0.2% for the month. The Core CPI which excludes food and...

Overview Today, we got the September Consumer Price Index (CPI) report which showed an overall increase of 3.2% in the last year and 0.0% vs last month. This was below expectations of 3.3% for the year and 0.1% for the month. The Core CPI which excludes food and energy was up 4.0% for the last year...