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You Searched For "automakers" and got 20 results


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1 min read

Fisker stock implodes, gets delisted from NYSE after financing deal with large automaker falls through

Fisker said in a SEC filing that it "continues to evaluate strategic alternatives." Those alternati…

Matthew Fox   


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1 min read

Audi to hike vehicle prices by up to 2% from June

The price correction aims to ensure sustainable growth for the automaker and its dealer partn…

PTI   


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2 mins read

Hyundai Motor India files draft papers with SEBI for India’s biggest IPO

Hyundai Motor India Limited (HMIL), the Indian arm of the South Korean automaker Hyundai, on Saturd…

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Fisker tells employees that 4 automakers are in talks to buy the struggling startup

Fisker is in talks with four automakers for possible acquisition, CEO Henrik Fisker told employees,…

Grace Kay   


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At least 123 Chinese automakers are facing off against Tesla for EV dominance

Competition in China's EV market has become stiff. But only a few brands vie for EV dominance.

Lloyd Lee   


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2 mins read

Lucid CEO says Chinese automakers are still 'years and years behind' Elon Musk's Tesla

Peter Rawlinson said Western car companies should not underestimate the ability of Chinese EV rival…

Tom Carter   


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2 mins read

China's big factories had a terrible March, even as automakers roar to new highs

Weak domestic demand is causing Chinese companies to sell products en masse overseas, worrying US o…

Meghan Morris   


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Toyota records highest-ever monthly sales in February

Toyota Kirloskar Motor on Friday reported its best-ever monthly wholesales at 25,220 units in Febru…

PTI   


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General Motors stock surges 10% as the automaker announces $10 billion share buyback

The automaker also said it will increase its common stock dividend by 33%

Phil Rosen   


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5 mins read

We have more insights as to where the economy is headed — and it's not good

Inflation rearing its ugly head again proved problematic for the market.

Dan DeFrancesco   


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3 mins read

'A rip the band-aid off quarter': Here's what Wall Street expects from Tesla earnings amid an epic stock skid

Tesla is facing uncertainty as it pivots away from low-cost vehicles toward autonomous driving and …

Matthew Fox   


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2 mins read

Tesla stock hits 52-week low, extends 2024 decline to 43% after another round of price cuts

"Tesla prices must change frequently in order to match production with demand," Tesla CEO Elon Musk…

Matthew Fox   


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2 mins read

Global automakers scale back electric vehicles, turn towards hybrids

Global electrification, previously driven by strong electric vehicle sales, is now showing signs of…

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More automakers are being forced to rethink their EV plans

As a new era of the transition to EVs is on the horizon, car companies are rolling out new strategi…

Nora Naughton   


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1 min read

Tesla extends its 2024 stock skid to 34% as top execs reportedly depart amid job cuts

Often when a company announces job cuts, its stock price jumps as investors applaud cost-saving mea…

Matthew Fox   


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Elon Musk says the UAW's strike demands will drive America's big 3 automakers 'bankrupt'

Workers at Ford, General Motors, and Chrysler owner Stellantis began the first simultaneous walkout…

Joseph Wilkins   


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2 mins read

JPMorgan cuts its price target on Tesla stock, now sees 32% downside, after delivery miss highlights growth concerns

"We caution Tesla shares could fall much further still should the company not be successful in quic…

Matthew Fox   


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2 mins read

Elon Musk once said Tesla's FSD would only get more expensive. The automaker just slashed the price to $99 a month.

Tesla brought down the price of its FSD software, now called Supervised FSD, to $99. Elon Musk once…

Lloyd Lee   


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India’s biggest automakers – From Tata Motors to Hero MotoCorp

Tata Motors has overtaken Maruti Suzuki to emerge as India’s biggest automaker, ending the company’…