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auto stocks

Earnings: AutoZone beats market projection in Q2

Retailer of automotive replacement parts, AutoZone (AZO), Tuesday reported a 10% growth in second-quarter earnings to $11.49 per share, helped…

Earnings: Advance Auto Parts shares slip as Q4 comp sales come below expectation

Advance Auto Parts (AAP) reported fiscal 2018 net sales of $9.6 billion, coming at the upper end of the ambitious…

Not for sale, says Tesla rival on Ford takeover rumors

Ever since California-based Lucid Motors clinched a $1-billion investment from Saudi Arabia’s Public Investment Fund (PIF) beating bigger rival Tesla…

Textron beats Q4 EPS estimate by 17 cents

Textron (TXT) shares gained 0.6% during pre-market trading on Thursday after the company reported better-than-expected fourth quarter earnings of $1.15…

General Motors shares tumble on Q4 sales decline

Shares of General Motors (GM) fell over 2% on Thursday after the automaker said its sales fell 2.7% in the…

Ford is recalling over 870,000 pickup trucks

Concerned over fire risks at its engine block heaters, Ford (F) on Friday recalled about 874,000 pickup trucks sold in…

Lyft files for public listing ahead of Uber, likely to be valued around $30 bn

Ending months of speculations, ride-hailing service Lyft filed for public listing on Thursday. The San Francisco-based company, which competes with…

A quick look at analyst recommendations on Tesla (TSLA) stock

Though analysts, in general, remain skeptic about the health of Tesla Motors (TSLA), the recent operational improvements in production and…

AutoZone beats earnings estimates in Q1

AutoZone (AZO), a retailer of automotive parts, reported first-quarter earnings of  $13.47 per share, which surpassed analysts’ expectation of $12.21…

‘Model 3 killers’ coming from all sides, yet the Tesla EV may emerge unscathed

Tesla (TSLA) had reported stellar earnings in the third quarter, with average Model 3 production roughly 4,300 units per week.…

Tesla names new board chair replacing Elon Musk

Tesla (TSLA) board on Wednesday announced the appointment of its new Chair, replacing Elon Musk who was asked to step…

General Motors (GM) smashes past Q3 projections, shares up 10%

General Motors (GM) Wednesday reported third-quarter earnings of $1.87 per share, much higher than $1.26 per share projected by analysts,…

Earnings preview: Will Ford ride a bull in Q3?

The whole auto industry is going through an evolutionary period with high volatility and uncertainty, which is visible in all…

Tesla Model S engulfed in fire in Poland

The Volunteer Fire Brigade of Wałbrzych, Poland, posted an image on Monday of four firefighters trying to extinguish a blaze…

Musk blames short-sellers for poor health; Board seeking No 2 exec at Tesla: NYT

In an emotional interview with The New York Times, Tesla (TSLA) CEO Elon Musk said his personal life and health…