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Automobile

AutoZone overtakes market expectations in Q4

AutoZone (NYSE: AZO), a leading retailer of automotive replacement parts, said its earnings for the fourth quarter rose to $22.59…

Beyond the ongoing strike, General Motors faces some serious headwinds

Even as the strike called by United Auto Workers union and participated by around 50,000 workers against General Motors (NYSE:…

Auto Industry vs. Trade War: A bumpy ride awaits automakers after the new round of tariffs

One industry that remained on the receiving end at every stage of the tariff war between the US and China…

Lyft and Uber may become attractive at different points of time

Uber (NYSE: UBER) and Lyft (NASDAQ: LYFT) may be birds of the same feather, but both the ride-hailing firms are…

RAM vehicles struggle to save falling Fiat Chrysler US sales in February

International automaker Fiat Chrysler is looking at another difficult time in the United States of America after all brands except…

Kandi Technologies adds to America’s EV lineup, shares jump 40%

Making a late entry into the highly competitive US electric vehicle market is Chinese firm Kandi Technologies (KNDI). The Zhejiang-based…

Harley-Davidson announces dismal Q4 with almost nil earnings

Cruise-bike maker Harley-Davidson (HOG) posted its fourth-quarter 2018 earnings before trading hours on Tuesday, Jan. 29. Shares quickly fell after the…

Tokyo court denies bail to Renault CEO Carlos Ghosn yet again

On January 22, Tuesday, a court in Tokyo rejected former Nissan boss Carlos Ghosn’s latest request for bail. Shortly after…

Nissan might sue ousted chairman Carlos Ghosn

Renault SA chief and former Nissan Motor Co chairman Carlos Ghosn might be facing a civil suit from the carmaker…

A look at sales trends and forecasts in the US automobile industry

A report by the National Automobile Dealers Association (NADA) has forecasted that the sales of new cars and light trucks…

US-China trade truce brings temporary relief to automakers

The US and China agreed to a truce on their ongoing trade war for now. Both countries agreed to talk…

Earnings: Ferrari shares slip after it guides slow growth

Ferrari (RACE) shares fell 2.5% during pre-market trading on Monday after it disappointed with full-year guidance. Meanwhile, third-quarter adjusted earnings…

BMW cuts 2018 guidance on trade war concerns

BMW’s pricing and production are apparently getting hit by the escalating global trade war, and now, the German carmaker is…

Elon Musk taking Tesla private? Trading halted

“Am considering taking Tesla private at $420. Funding secured,” read a tweet posted from Tesla (TSLA) CEO Elon Musk’s verified…

Safety in peril: Self-driving Uber car fatally mows down woman pedestrian

The proponents of autonomous commuting technology sound pretty confident about the safety of such vehicles whenever questions are raised about…

Ford slows in the race with faulty steering wheel and clutch plate

Ford Motor Company is recalling roughly 1.4 million vehicles in North America as the detachment of steering wheel from column…

Musk hints at Tesla upgrades in his tweet

When Elon Musk tweets, he leaves an impact. In a series of tweets over the weekend, Musk hinted at some…

Plant retooling: 2,000 Ford workers face temporary layoff

Ford Motor Company (F) was involved in some of the mass layoffs the corporate world has witnessed in the last…

PSA Group scales new heights even as Opel falls

  When PSA Group bought Opel from General Motors, it wasn't expected by the maker of Peugeot-maker to swipe a…

Ford names new North American head after exit of executive; undergoes management shuffle

Ford Motor has appointed Kumar Galhotra as President of the North American operations in place of Raj Nair who is…

A ride through unfamiliar terrains: The US automobile sector

On long distance rides, crossroads require caution as they test our judgement. And when we are talking of the US…