Tag: automakers
The China threat and the EV slowdown— 2 takeaways from a busy few weeks in auto news
Car companies are cutting costs heading into the end of the year.A price war in China poses a threat to profitability.Bloated inventory leads...
Ford and GM tumble on reported China import crackdown
Ford Motor Company (F) and General Motors (GM) stocks are plummeting after reports of a proposed rule that would force the automakers to...
Americans just can’t quit their giant, gas-burning trucks
American drivers are still in love with big, gas-burning trucks and SUVs, and automakers are as eager ever to build them – even...
Automakers hit 'significant storm,' as buyers reject lofty prices at time of huge capital outlays
DETROIT (AP) — Investors are punishing automakers' stocks this week after second-quarter earnings reports exposed industrywide issues of slowing sales and high prices,...
Detroit Three automakers should exit China, leading analyst says
By Nora EckertDETROIT (Reuters) - Legacy U.S. automakers such as Ford Motor and General Motors should leave the China market to preserve capital...