automakers

On March 27th, Nissan Motor Co Ltd (OTC: NSANY) revealed it will be investing in Renault SA (OTC: RNLSY), more precisely, its EV unit Ampere. Interestingly, Nissan decided to deepen its partnership with Renault even after the French automaker ditched the unit’s listing plans due to sluggish...

On Tuesday, BYD Company Limited (OTC: BYDDY) reported its fourth quarter results that included its slowest quarterly profit growth in two years. Even the Tesla Inc (NASDAQ: TSLA) rival who grew from being a battery maker to an EV juggernaut who dethroned Tesla during the last three months of...

While EV leaders Tesla Inc (NASDAQ: TSLA) and BYD Company Limited (OTC: BYDDY), along with legacy automakers Ford Motor (NYSE: F), General Motors (NYSE: GM), and Volkswagen AG (OTC: VWAGY) brace for cooling EV demand by scaling back or delaying plans, Nissan Motor Co Ltd (OTC: NSANY) entered a new...

After Ford Motor (NYSE: F) decided to cut the output of its electric F-150 pickup, the Lightning, pickup tonneau cover maker, Worksport (NASDAQ: WKSP), continues to defy the EV downshift trend. Today, Worksport announced it will be expanding its B2B dealer network in the U.S. and Canada which means...

While the EV king, Tesla Inc (NASDAQ: TSLA) delivered on its promise of making 1.8 million deliveries in 2023, traditional automakers also delivered good news. General Motors (NYSE: GM) reported its best vehicle sales since 2019. Moreover, GM edged out Toyota Motor (NYSE: TM) to remain the top...

Global vehicle production reached all-time high last month. According to Bloomberg, Toyota Motor (NYSE: TM) is poised to keep its title as world’s best-selling automaker, beating Volkswagen AG (OTC: VWAGY) for the fourth consecutive year.  As for the EV front, Bloomberg estimates that...

Following Ford Motor (NYSE: F) and General Motor (NYSE: GM), Volkswagen AG (OTC: VLKAF) is the latest automaker to admit the charging superiority of EV king, Tesla Inc (NASDAQ: TSLA), leaving only Stellantis N.V. (NYSE: STLA) as the only last real holdout. On December 19th, Volkswagen Group...

On Tuesday, Nio Inc (NYSE: NIO) reported a narrower-than-expected third quarter loss. Like other automakers in China, Nio was pressured to slash prices, thinning its margins, in response to the price war that Tesla Inc (NASDAQ: TSLA) ignited at the beginning of the year. Nio’s Third Quarter...

The woman spearheading the resistance against Tesla Inc‘s (NASDAQ:TSLA) business practices in Sweden, amidst an intensifying strike involving mechanics, postal workers, dockers, and cleaners, warns that the electric vehicle giant’s approach could disrupt the traditional labor...

Rivian Automotive Inc (NASDAQ: RIVN) reported third-quarter financial results Tuesday after the close. Here's a look at the key metrics from the quarter.  Rivian Q3 Earnings: Rivian reported third-quarter revenue of $1.337 billion, which beat the consensus estimate...

More than six weeks into a strike, General Motors Co (NYSE: GM) has reached a tentative deal with the United Auto Workers that would put an end to collective bargaining talks.  What To Know: According to a Bloomberg report citing people familiar with the matter,...

Bill Ford, the executive chair of Ford Motor Co (NYSE:F), warned Monday the potential impact of the continuing strike threatens not only Ford’s future but also that of the wider American automotive industry. During a press conference at the company’s Rouge Complex in Detroit, Ford, who...

The UAW has expanded the strike against the Detroit automakers it kicked off on September 15th, with a major escalation that affected the largest factory of Ford Motor (NYSE: F). On late Wednesday, the UAW instructed 8,700 workers to strike at the Kentucky Truck Plant where its F Series...

It’s been more than three weeks since the UAW took a stand against General Motors (NYSE: GM), Ford Motor (NYSE: F) and Stellantis (NYSE: STLA). The UAW achieved a major breakthrough in negotiations when General Motors allowed its workers at joint-venture battery plants to be covered by...

Bayerische Motoren Werke AG (OTCPK: BMWYY) said it recorded 621,699 vehicle deliveries in third-quarter (Q3) for 2023. That's a 5.8% increase Y/Y. In particular, the automaker sold 93,931 fully-electric BMW and MINI vehicles (+79.6% Y/Y). The BMW brand was able to more than double its...