Ford, GM, Stellantis stocks fall after disappointing earnings reports
A Ford Bronco on display at the New York International Auto Show on March 28, 2024. Danielle DeVries | CNBC DETROIT – Ford Motor is leading a decline in major …
Stellantis NV
We’re downgrading Ford after automaker’s old issues cut into earnings
Ford Motor on Wednesday reported a disappointing second quarter, missing earnings expectations by a wide margin as higher warranty costs ate into profits. We’re downgrading the automaker and sending its …
GM, Ford, Stellantis second-quarter earnings: What analysts expect
General Motors CEO Mary Barra, center, at the New York Stock Exchange, Nov. 17, 2022. Source: NYSE DETROIT — Wall Street expects General Motors to be the standout among the …
All the car options on the ‘electrified’ market
GM launched ‘EV Live,’ a free online platform that connects electric vehicle owners or consumers who have questions about zero-emissions cars and trucks with an expert who can answer them. …
U.S. auto sales are expected to slow during the second half of 2024
Cars sit on a Chevrolet dealership’s lot on June 20, 2024 in Chicago, Illinois. A cyber attack on CDK Global, a software provider that helps dealerships manage sales and service, …
Detroit automakers need to exit China, BofA analyst says
Employees on the assembly line produce cars in Mazda’s “Family” line of vehicles at China First Automobile Works (FAW) Group Haima Automobile Co., Ltd. April 6, 2005 in Haikou, Hainan …
Jeep sales expected to grow 50% by 2027
Jeep Wagoneer S Trailhawk EV concept Michael Wayland / CNBC AUBURN HILLS, Mich. – Stellantis expects to grow sales of Jeep vehicles globally by 50% in the next three years, …
Stellantis has achieved $9 billion in cost reductions from merger
Stellantis CEO Carlos Tavares speaks to media on June 13, 2024 following the company’s investor day at its North American headquarters in Auburn Hills, Mich. Michael Wayland / CNBC AUBURN …
Cost cuts, China come into focus
Stellantis CEO Carlos Tavares holds a news conference after meeting with unions, in Turin, Italy, March 31, 2022. Massimo Pinca | Reuters DETROIT – Since spearheading a merger to create …
Shares of Europe’s top carmakers fall amid dieselgate lawsuit reports
A VW Golf GTI stands in a parking lot within sight of the brand tower on the grounds of the VW plant in Wolfsburg. Picture Alliance | Picture Alliance | …