automakers

German automaker Volkswagen Group’s (OTC: VWAGY) over-the-counter stock has fetched far more handsome returns over the past year than U.S. tech giant Apple Inc (NASDAQ: AAPL) and Shanghai, China-based electric automaker Nio Inc (NYSE: NIO).  Just as rival legacy automakers,...

Ford Motor Co’s (NYSE: F) first compact hybrid pickup Maverick is drawing younger buyers including women as well, CNBC reported on Saturday, citing the company. What Happened: The Dearborn, Michigan-based automaker is finding a quarter of buyers for the more affordable pickup to be women...

Ford Motor Co (NYSE: F) said on Thursday it has launched cash tender offers to buy back up to $5 billion of debt securities.  What Happened: The Dearborn Michigan-based automaker said it is looking to buy back a series of securities that are due between 2023 and 2047 and that it would fund...

General Motors Co (NYSE: GM)’s pledge to switch to an all-electric portfolio by 2035 has begun to take shape as it pumps in billions of dollars and set tighter deadlines towards electrification — and this journey prominently started in 2016 with the unveiling of the Chevy Bolt. GM...

Nearly two years ago, Ford Motor Co (NYSE: F) decided to piggyback on the iconic Mustang nameplate to crawl its way into the electric vehicle market as the auto market stood disrupted by the Elon Musk-led Tesla Inc (NASDAQ: TSLA). The Dearborn, Michigan-based automaker launched the Mustang...

Ford Motor Co (NYSE: F) said on Thursday its first hybrid pickup Maverick has crushed EPA fuel economy tests and is nearly sold out. What Happened: The Dearborn, Michigan-based Ford said the gas-electric Maverick would be fully booked by early November following which the automaker will stop...

Ford Motor Co’s (NYSE: F) has topped the "most horrifying carmakers" list compiled by Bristol Street Motors. The automaker's best-selling full-size pickup truck F-150 and its peers have been named among some of the spookiest vehicles of all time based on their appearances...

Volkswagen Ag (OTC: VWAGY) CEO Herbert Diess on Saturday praised Elon Musk-led rival automaker Tesla Inc’s (NASDAQ: TSLA) ability to quickly address semiconductor shortage as impressive. What Happened: In a LinkedIn post, Diess said transformation at the company level...

Ark Invest analyst Sam Korus said on Monday that all-time high prices of used cars could push consumers toward adopting new technologies more quickly than expected. What Happened: The latest numbers from automobile auction company Manheim point to used car prices hitting an all-time...

Japan’s Nissan Motor Co (OTC: NSANY) will spend about $700 million at two U.S. manufacturing plants to implement new technologies to make electric vehicles, Bloomberg News reported, citing a company executive. What Happened: The new investment is part of a $1.2 billion global investment that...

Ford Motor Co (NYSE: F) is in talks with Indian automaker Tata Motors Limited (NYSE: TTM) to sell its manufacturing assets there, The Times of India reported on Friday, citing multiple sources.  What Happened: Ford has announced plans to exit operations in India and phase out its plants on the...

Ford Motor Co (NYSE: F) is preparing to halt production for two days next week at the Hermosillo plant in Mexico due to a shortage of material, Reuters reported on Thursday, citing the plant’s labor union. What Happened: Ford will temporarily suspend production on Monday and Tuesday and...

Ford Motor Co (NYSE: F) on Tuesday revealed it would launch electric vehicles in Australia beginning mid-2022, starting with a commercial all-electric e-Transit van. What Happened: The Dearborn, Michigan-based company's CEO Jim Farley said the automaker intends to begin selling the e-Transit...

Ford Motor Co (NYSE: F) said on Monday it sold and produced more Mustang Mach-Es in September compared to a month ago. What Happened: The Dearborn, Michigan-based automaker sold 1,578 Mustang Mach-Es in September, up 9% compared to the 1,448 units sold in August, but the numbers are still...

Popular money manager Cathie Wood on Sunday chided legacy automaker General Motors Co (NYSE: GM) for blaming semiconductor shortages for its slumping U.S. sales even as Tesla Inc (NASDAQ: TSLA) registers record third-quarter sales numbers. What Happened: Wood, who has a bullish stance on the Tesla...