And will it matter in the long run?
Ford is recalling more than 202,000 pickup trucks and SUVs in North America because front seat cushions can come loose and fail to properly hold people in a crash. The recall covers certain 2016 F-150 and Explorer vehicles with front power seats.
Automakers generating better profits out of China would be a big deal for investors. If BMW increases its Chinese joint-venture ownership above 50%, will it set a precedent Detroit companies can follow?
Martin Truex Jr. popped up to the top of the leaderboard late to lead final practice for the Monster Energy NASCAR Cup Series on Saturday at New Hampshire Motor Speedway. Truex, who won last weekend at Kentucky Speedway, turned a lap of 131.624 mph in the No. 78 Furniture Row Racing Toyota. Kevin Harvick, who …
In the previous part of this series, we looked at analysts’ estimates for General Motors’ (GM) Q2 revenue. Its revenues are expected to be flat YoY (year-over-year) in the second quarter. Let’s move on to analysts’ estimates for GM’s Q2 2018 profit margins.
Of the 21 analysts covering Ford (F) stock, most (76%) recommend “hold,” 19% recommend “buy,” and 5% recommend “sell.” Their 12-month target price of $12.28 for Ford implies a ~13% upside to its market price of $10.87.
Toyota Motor Corp. may stop importing some models into the U.S. if President Donald Trump raises vehicle tariffs, while other cars and trucks in showrooms will get more expensive, according to the automaker’s North American chief. The Japanese carmaker is busy analyzing scenarios about how tariff schemes could affect each of its car and truck lines, said Jim Lentz, chief executive officer for Toyota’s North American operations. Trump’s Commerce Department held a hearing Thursday on its probe into whether imports of passenger vehicles compromise U.S. national security.
Detroit – Federal safety investigators are looking into complaints that engines on some Ford Escape vehicles can overheat and suddenly stall while being driven. The U.S. National Highway Traffic Safety Administration says in documents posted on its website Friday that it has 40 complaints from consumers about stalling, including two alleging that the engines caught fire. The investigation covers about 127,000 Escape small SUVs in the U.S. from the 2013 model year that have 1.6-liter turbocharged four-cylinder engines. Investigators will determine the cause of the engine stalling, how often the problem happens, which vehicles are affected and whether a recall is warranted. Ford said in a statement
High customer ratings and customer service make Marshal Mize Ford a Top Rated Dealer on CarGurus CHATTANOOGA, Tenn. , July 20, 2018 /PRNewswire-iReach/ -- With many car shoppers searching for their dream ...
The automobile sector is known to be highly capital-intensive due to huge fixed and raw material costs in the auto manufacturing business. That’s one of the key reasons that major automakers (VCR) General Motors (GM), Ford Motor (F), Toyota Motor (TM), and Fiat Chrysler Automobiles (FCAU) extensively utilize debt.