automotive

Automotive company General Motors Company (NYSE:GM) will report fourth-quarter financial results before the market opens on Jan. 30. Here's a look at the earnings estimates from analysts, what analysts are saying, and key items for investors to watch. Earnings Estimates: GM’s fourth-quarter...

Distribution rights to one of the most well-known spy movie franchises now belong to Amazon.com Inc (NASDAQ:AMZN) after the e-commerce giant acquired media company MGM. The next James Bond installment could provide a boost to Amazon's media efforts and also help an electric vehicle company. What...

Tesla Inc (NASDAQ: TSLA) is gearing up to launch the upgraded Model 3 Performance in China, with sales anticipated to start in the second quarter of 2024. This new variant of the popular electric sedan is expected to roll off production lines at the Gigafactory in Shanghai, followed...

General Motors Company (NYSE: GM) is expected to release earnings results for its fourth quarter, before the opening bell on Jan. 30, 2024. Analysts expect the company to report quarterly earnings at $1.16 per share, down from $2.12 per share in the year-ago period. The company is projected to post...

Electric vehicle leader Tesla Inc (NASDAQ:TSLA) saw shares fall Thursday after announcing fourth-quarter financial results Wednesday and issuing vague guidance on what's ahead for 2024 and beyond. With Tesla stock down 30.75% in the last six months, a top analyst has presented a strategy aimed at...

Jim Cramer said earlier this week that Tesla Inc (NASDAQ:TSLA) should be removed from the “Magnificent Seven.” But now he sees a path back into the index for the EV maker. What Happened: The so-called "Magnificent Seven" is a group of seven popular mega-cap tech stocks that have...

Major U.S. indices were mixed on Tuesday with the Dow Jones Industrial Average down 0.25% at 37,905.45 at the end of trading. The S&P 500 rose 0.29% to 4,864.60, while the tech-heavy Nasdaq ended the session up 0.43% at 15,425.94. These are the top stocks that gained the attention of retail...

With Tesla Inc (NASDAQ:TSLA) set to report its fourth-quarter earnings on Wednesday, the key item for many will be guidance on its margin and demand outlook over the next year given the balance the company had to strike in 2023 with price cuts. Analysts at Wedbush said that price cuts in 2023 were...

Electric vehicle leader Tesla Inc (NASDAQ:TSLA) is set to report fourth-quarter financial results after market close Wednesday, Jan. 24. The report comes after the company missed estimates in the third quarter and saw fourth-quarter deliveries beat analyst estimates. Here's a look at the earnings...

VinFast Auto Ltd (NASDAQ:VFS) stock was seen trading higher in the pre-market on Thursday, boosted by recent electric vehicle launches and the company’s initiatives to diversify its revenue stream. Missed Delivery Target The Vietnamese electric vehicle (EV) manufacturer, fell short of its...

Renault SA (OTC:RNLSY) reported a strong global sales volume growth of 9.0% to 2,235,345 vehicles in 2023. By brand, Renault sales volume increased by 9.4% Y/Y to 1,548,748 vehicles, led by outperformance in Europe (+19.3% Y/Y); Dacia volume rose 14.7% Y/Y to 658,321 units; and Alpine volumes...

Rising labor costs for U.S. automakers are sowing the seeds for deeper investment in automation after settlements last year to end a month of strikes at car plants across the country saw automakers agree to large wage increases for American auto workers. The Big Three Detroit motor manufacturers...

Tesla Inc's (NASDAQ: TSLA) assertion that the Cybertruck can outpace a Porsche 911 even while towing one has been scrutinized in a new YouTube video by an engineer known for his analytical approach to automotive performance. Contrary to the statement made at Tesla's high-profile...

Electric vehicle giant Tesla Inc (NASDAQ:TSLA) had an eventful 2023 with the first deliveries of its highly anticipated Cybertruck electric pickup truck. The company may have also hit a new world record thanks to its bestselling SUV. What Happened: Tesla recently announced fourth-quarter delivery...

Equity markets have been in retreat so far in 2024 as investors take profits following the strong run in the fourth quarter. Sentiment has been driven by concerns that an economic slowdown could hit corporate earnings in the coming quarters. On Wednesday, early index futures trading appeared to...