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Goldman Sachs Reports Better-than-Expected Third Quarter Earnings
17 Oct, 2018
Ford Recalls 2 Million F-150 For Seat Belt Issue
Ford Motor Company (NYSE: F) on Thursday announced plans to recall approximately 2 Million select 2015-2018 Ford F-150 in North America to address seat belt pretensioners.The Michigan-based auto maker said it was aware of 17 reports of smoke or fire..
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GM Makes Bold Promise to Create New Formula for Electric Car Batteries
Mary Barra, General Motors Company (NYSE: GM) Co Chief Executive, has promised investors that the company will be selling profitable electric cars by 2021. There has been no major automaker that has done this before. GM plans to achieve this by comb..
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Automakers Report Mixed U.S. December Sales
On Wednesday, major automakers reported mixed U.S. sales for the month of December due to big consumer discounts targeted at moving cars off dealer lots before the year ended. New vehicle sales for that month marked a strong year, almost meeting las..
Tesla Inc. Shares Down Sharply After Goldman Sachs Downgrade
Tesla Inc. (NASDAQ: TSLA) took a beating this morning as Goldman Sachs Group Inc (NYSE: GS) analysts have downgraded the stock, issuing a valuation of $180 down from previous stance of $190.The automaker had posted record prices earlier this year, a..
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