Auto Industry

While most of automakers reported sales drop in the United States in July, thus triggering a selloff in the auto counter, there are also few positives to look upon. On a unit-wise basis, the sales were below than the expected levels. However, TrueCar Inc (NASDAQ: TRUE) sees that automakers have...

Another earnings season has come and gone for General Motors Company (NYSE: GM) and Ford Motor Company (NYSE: F), and shareholders are once again disappointed with the market’s reaction. GM On July 21, GM reported absolutely blowout Q2 earnings. The company delivered record earnings of $1.86...

The auto industry has been exploding, but it's not all good news. Thanks to the proliferation of auto lending by the big manufacturers, which have topped $1 trillion, the U.S. government is becoming increasingly wary of risky auto loans. According to a CNN Money report, "The Office of the...

It has become a popular bumper-sticker-sentiment: “Out of a job yet? Keep buying foreign,” implying that the way to support American manufacturing, particularly in the auto sector, is dependent on buying cars from American car producers like Ford Motor Company (NYSE: F) and General...

U.S. auto makers Ford Motor Company (NYSE: F) and General Motors Company (NYSE: GM) both have a checkered past when it comes to their businesses. Both companies took loans from the government during the Financial Crisis, and they’ve both had ugly recalls related to vehicle safety. Ford...

Featured stories this weekend in Barron's ponder the prospects for a leading biopharmaceutical company, a manufacturer of automotive paints and a little-known insurance holding company. This issue also offers thoughts on economic reform from an outgoing CEO of a multinational industrial products...

So far this earnings season, the market has not been impressed by relatively strong earnings from the auto industry, and neither has Goldman Sachs. There have been 16 consensus beats in the auto space so far compared to only four misses, but auto stocks have only gained an average of 0.3 percent on...

Tesla Motors Inc (NASDAQ: TSLA) is scheduled to report its first-quarter results after Wednesday's market close. Bloomberg's auto expert Jamie Butters provided an in-depth preview of the company's quarterly print during a recent segment of "Bloomberg <GO>." Tesla is expected to post a loss...

The majority of Q1 auto industry earnings are now out, and the results have been pretty positive overall. Goldman Sachs analyst Patrick Archambault, however, remains cautious on many auto stocks, despite 12 Q1 beats in the space so far versus only two misses. The market has generally reacted...

Buckingham Research Group analyst Joseph Amaturo remains bullish about the auto sector ahead of Tuesday’s global light vehicle sales numbers. “We continue to remind investors that we believe we are in a plateauing U.S. light vehicle sales environment, and do not think that we have...

On Monday morning’s PreMarket Prep, Ford Motor Company (NYSE: F) CFO Bob Shanks discussed the growth potential of the global auto market, the rise of electric vehicles and the potential time frame for driverless cars. Ford is coming off a record quarter, but Shanks believes the company can...

In the firm’s new EV Inflection Tracker report, Lux Research analyst Cosmin Laslau presented his annual report card of the auto industry’s transition to electric vehicles (EV). According to Laslau, the industry has a long way to go before the majority of new automobile sales are EVs....

Electric car maker Tesla Motors Inc (NASDAQ: TSLA) is creating a new industry with its "Gigafactory," which is effectively being built with zero dollars, according to Trip Chowdhry of Global Equities Research. Chowdhry said Tesla's Gigafactory (a $5 billion investment) has the potential to change...