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Trump's Steel Tariffs 'Hits Straight On Ford's Core:' Analyst Sees Higher Input Costs And Eroding Pricing Power For Tesla Rival
Monday, June 9, 2025 - 12:01pm | 797Donald Trump‘s tariffs on steel and aluminum are likely to have a deep impact on the input costs of the U.S. automaker Ford Motor Co. (NYSE:F), explains Alex Tsepaev, the chief strategy officer at B2PRIME Group. What Happened: Unlike globalized automakers like Stellantis NV (NYSE:STLA), Ford...
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Tesla Is 6X More Expensive Than Its Peers And The Most Overvalued Mag 7 Stock: Gordon Johnson Questions Fundamentals As Elon Musk Shrugs Off Concerns
Wednesday, May 21, 2025 - 7:53am | 1276Despite the overvalued nature of the stock based on its price-to-earnings metric, Tesla Inc. (NASDAQ:TSLA)’s CEO, Elon Musk, has defended the company’s growth, citing its stock prices, shrugging off the fundamental worries surrounding the carmaker as highlighted by experts. What...
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Russian President Gifts Luxury Car To Kim Jong Un As Token Of 'Special Personal Relations'
Tuesday, February 20, 2024 - 2:34am | 605Russian President Vladimir Putin has gifted a car to North Korean leader Kim Jong Un, further strengthening their diplomatic bond. What Happened: The gift was a token of appreciation for the strong personal relationship between the two leaders, according to North Korean state media KCNA. The...
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The Tesla Model Y Is Now The World's Bestselling Car
Saturday, May 27, 2023 - 3:20pm | 481For the first time, an all-electric vehicle has become the world's bestselling car. Tesla Inc's (NASDAQ: TSLA) Model Y has surpassed Toyota Motor Corp's (NYSE: TM) RAV4 and Corolla models to top global sales rankings in the first quarter of 2023, data from...
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Here's How Much Princess Diana's 1985 Ford Escort Sold For At Auction
Sunday, August 28, 2022 - 1:36pm | 504Diana, Princess of Wales, drove a black Ford Motor Company (NYSE: F) Escort RS Turbo Series 1 in the 1980s. In a recent auction, the car was sold for a whopping $857,712, which includes a buyer's premium of 12.5%. A British bidder was the winner of the auction, which was...
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Mercedes Issues Global Recall Of 1M Older Vehicles: Here's Why
Sunday, June 5, 2022 - 8:53am | 262Mercedes Benz Group ADR (OTC: DMLRY) has announced that it is recalling almost one million older vehicles worldwide due to a possible problem with the brake booster. "We have found that in some of those vehicles, the function of the brake booster could be affected by advanced corrosion...
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Apple Car Chatter Returns After Porsche CEO Discloses Discussions On 'Exciting Common' Projects
Friday, March 18, 2022 - 10:27am | 385German sports car manufacturer Porsche Automobil Holding SE (OTC: POAHY) hinted at discussing a potential partnership with Apple Inc (NASDAQ: AAPL). What Happened: Porsche executives had discussions with Apple and a few other tech companies in the U.S. late last year, the automaker's...
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Elon Musk's Tesla Shanghai To Make 300K Cars By Jan-Sept: Report
Sunday, September 26, 2021 - 1:40pm | 413Tesla Inc.'s (NASDAQ: TSLA) Shanghai factory is expected to produce 300,000 cars in the first nine months of the year, Reuters reports, citing unidentified sources. What Happened: According to the report, the plant has seen a delivery rush at the end of the July-...
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Why Jim Cramer Is Telling Investors To Buy Ford Stock Ahead Of Earnings
Tuesday, July 20, 2021 - 12:39pm | 287Investors should buy Ford Motor Company (NYSE: F) ahead of its earnings report, Jim Cramer said Tuesday on CNBC's "Squawk On The Street." Ford had a very big run in May before pulling back significantly, Cramer said. The stock shouldn't have sold off from its highs, he added...
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3 Reasons Why Avis Budget Shares Could Go Higher
Monday, January 25, 2021 - 5:35pm | 325Shares of car rental company Avis Budget Group Inc. (NASDAQ: CAR) are up more than six-fold since bottoming at $6.35 last March and three catalysts could help lift shares even higher, according to BofA Securities. The Avis Budget Analyst: Aileen Smith initiated coverage of Avis Budget Group's...
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Terms You Should Know Before Shopping For A Car
Friday, May 9, 2014 - 10:59am | 502Purchasing a car is a horrifying experience for many, almost as bad as going to the doctor. Getting close to the dreaded task? Do your homework and it won't be so scary. We put together a few terms you should know as you research your next car and how to pay for it. Annual Percentage Rate-...
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5 Items College Students Don't Need
Tuesday, April 8, 2014 - 2:09pm | 531Despite the outcry from parents all the way to Washington politicians, college tuition continues to skyrocket in cost. If you’re going to live on campus, expect to pay an average of $10,000 per year for campus housing according to new reports, in addition to regular tuition. The old rules of...
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How To Find The Best Auto Loan
Thursday, March 27, 2014 - 11:41am | 632You need a car. You don’t have the money to pay cash. You have to get a loan. Where do you find the best deal? Here are a few tips to do auto loans correctly. Check Your Credit History Long Before You Purchase The reason personal finance gurus tell you to keep a watchful eye on your credit is...
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What Volkswagen's Porsche Takeover Means for Investors
Friday, July 6, 2012 - 1:44pm | 1331By: Chad Fraser, Investing Daily “I’m keeping my eye on Volkswagen … and will jump to buy when I’m confident that the [European] debt crisis is over.” — Investing Daily editor Jim Fink in Detroit Auto Show: Best Automobile Stocks for 2012...
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Budget Buggies: What Are The Cheapest Cars to Insure?
Wednesday, February 15, 2012 - 4:07pm | 391Forbes has published a list of the cheapest cars to insure, taking into account personal factors inputted when obtaining auto insurance quotes, including age, gender, a person's driving record and address. Despite all of those things, the make and model of a vehicle can drastically affect the...