auto manufacturers

Shares of General Motors Co (NYSE:GM) tanked in early trading on Wednesday, despite the company surpassing revenue and earnings estimates. The General Motors Analyst: Wedbush analyst Daniel Ives maintained an Outperform rating and price target of $55. The General Motors Thesis: The company reported...

Rivian Automotive, Inc (NASDAQ:RIVN) stock traded lower Monday by about 2.86% after the electric vehicle company announced plans to offer $1.25 billion in senior secured green notes due 2031 in a private offering. The EV manufacturer plans to use the offering proceeds and cash on hand to redeem $1....

Honda Motor Co. (NYSE:HMC) reportedly announced Tuesday that it will cut investment in electric vehicles amid weakening demand and instead prioritize hybrids, which are gaining popularity with consumers. CEO Toshihiro Mibe said EVs are expected to account for about 20% of sales by the target year,...

Ford Motor Co. (NYSE:F) recalls nearly 274,000 SUVs in the U.S. due to a brake line defect. The recall affects certain Ford Expedition and Lincoln Navigator models built between 2022 and 2024. According to the National Highway Traffic Safety Administration, front brake lines in some vehicles may...

Cancellations of upcoming auto shows came from both sides. First, from many car brands like Ford Motor Company (NYSE: F), Volvo (OTC:VOLF), Jaguar and Peugeot (OTC: PUGOY) and then by the organizers themselves. These cancellations come at a bad time since many announced premiers were highly...

The Chinese auto industry had some great results over the past few decades. But 2019 was a second consequential year in a car sales decline. So, the trend was already going downhill when the coronavirus outbreak started amplifying the downhill slope and crushed some hopes that the Chinese car...

Ford Motor Co. (NYSE: F) has stated its desire to invest deeply in electrification, and it is not leaving out its commercial customers. A hybrid-electric F-150 will be available later this year, and for the 2022 model year, Ford will electrify its popular Transit van. Already the world's best-...

It started as a buy-the-dip rally, but it seems to have morphed into a buy-into-strength rally, with major indices eyeing fresh all-time highs. Whatever you call it, it’s been a wild week, and we’re not even at halftime. The latest surge came in pre-market trading Wednesday after Asian...

Despite Tenneco (NYSE: TEN)'s shares dropped over the last weeks due to uncertainty surrounding the delay of spinoffs. But, ValuEngine did improve its rating from ‘sell' to ‘hold' so this designer, manufacturer and seller of after-market technology solutions for various...

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Ford's new electric Mustang will be built in Mexico; Japanese plastic manufacturer investing $65 million in Mexico plant; GEODIS Logistics launches direct air cargo...

On Tuesday, Nissan (OTC: NSANY) posted its earnings on November 12, clearly showing that the nightmare that started with Ghosn's arrest is not nearly over. The Japan's second biggest automaker's shares were 19% down for the year, but its profits plunged way more than expected, 70% to be...

There are 225 million licensed drivers in the U.S with 85% of total adults. And they drive 278.1 million vehicles, made of 158.6 million light trucks and 119.5 million passenger cars that are on the road. The vast majority of the 278 million vehicles are less than 20 years old. Despite the fact...

A coalition of automakers led by General Motors Company (NYSE: GM), Toyota Motor Corp (NYSE: TM), and Fiat Chrysler Automobiles (NYSE: FCAU) are backing the Trump administration in the fight over whether federal regulators can preempt states in setting fuel efficiency standards. The three...

At The New York Supply Chain Meetup we have held several events focused on supply chain and blockchain. During each of those events we have tried to figure out what it will take for blockchain, or some other distributed ledger technology, to become widely applied in a real world industrial supply...