Cars and Drivers
Cars and Drivers Articles
The average age of a car on the road in America is over 11 years. This poses a nearly impossible dilemma for manufacturers as they try to get sales back to former levels.
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Ford's balance sheet troubles and junk-rated debt make a recovery difficult. The company has to get back on its feet quickly.
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While Ford stock is at the back of the pack in terms of its performance, the outlook provided with recent earnings doesn’t paint an encouraging picture going forward, for neither the stock nor the...
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General Motors reported better than expected first-quarter financial results before the markets opened on Wednesday.
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GM has started to offer 0% APR financing for 84 months for cars and trucks sold at its big Chevy division. The question is, do people want to own a vehicle for seven years?
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The Ford family can't afford to see its namesake company implode, and with it the fortune they have enjoyed for over 100 years.
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Over the past four weeks, confidence in electric car company Tesla has improved, while traditional manufacturers are considered to be in deep trouble.
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After markets closed Wednesday, Tesla reported $1.24 in earnings per share and $5.99 billion in revenue compared with consensus estimates that called for a net loss of $0.36 per share and $5.9...
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Tesla is scheduled to release its most recent quarterly results after the markets close on Wednesday. Will record sales turn into a record quarter?
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Chinese electric car maker Nio got a $990 million investment from provincial and local governments in exchange for 24.1% stake in a new entity called Nio China.
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Ford reported a first-quarter net loss of $2 billion after markets closed Tuesday. The loss in the current quarter is expected to be more than double that amount.
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Dealership networks are critical to the auto industry. Most are not funded to handle months of a downturn in sales. Hundreds will disappear and car companies will not have dealers at all in some...
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GM announced Monday that it has extended two credit agreements while suspending its dividend and buybacks as it builds liquidity during the coronavirus pandemic.
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Ford has filed a preliminary prospectus for three senior unsecured note offerings to raise more cash. This is the company's first offering since its debt was downgraded to junk last month.
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New car sales in the European Union fell by 55% in March leading to a decline of more than 25% for the first quarter. Lockdowns related to the coronavirus pandemic get the blame for the declines.
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