Tesla shares creep toward 52-week high
APDon’t look now, but Tesla Motors’ stock price (TSLA) has been creeping up as stealthily as the way one of its Model S electric sedans silently glides home after its owner’s late-night tryst. At about...
View ArticleThird analyst downgrades Tesla stock
APFor the third time recently, an analyst at an investment bank has downgraded Tesla Motors’ stock. UBS analyst Colin Langan has moved his rating to “sell” from “neutral” in the belief that the...
View ArticleFord customer traffic resilient despite stock market volatility
A new Ford F-150 comes off the assembly line in Kansas City. New-vehicle shoppers weren’t fazed by stock market volatility in late August, a top Ford executive says. Ford U.S. sales and marketing chief...
View ArticleInvestors not fazed at new GM recall costs
The cost of General Motors’ failure to fix a deadly ignition-switch defect for more than a year compounded on Thursday as the automaker settled a criminal investigation and agreed to more settlements...
View ArticleAuto supplier Autoliv is outperforming
New technologies could help motorists (AP Photo/Jason DeCrow)The race to self-driving cars has automakers ballyhooing every breakthrough. But it often isn’t their technology. Rather, it is industry...
View ArticlePenske Automotive Group takes a rougher road for investors
Verizon IndyCar Series owner Roger Penske looks at a monitor during the ABC Supply 500 at Pocono Raceway. Photo by Matthew O’Haren-USA TODAY SportsEver since Warren Buffett took an interest in auto...
View ArticleIcahn trumping Bridgestone for Pep Boys
Customer leaves a Pep Boys – Manny, Moe & Jack auto parts store in Hayward, Calif. (AP Photo/Paul Sakuma)Manny, Moe and Jack, let us introduce you to Carl. That’s Carl as in Carl Icahn, the...
View ArticleSuppliers will benefit from Fed's auto safety move
The kind of safety systems made by Mobileye will play a key role on crowded freeways, like this one in southern California. (Photo by Kevork Djansezian/Getty Images)Federal regulators’ decision Tuesday...
View ArticleIcahn raises bid for Pep Boys
Customer leaves a Pep Boys – Manny, Moe & Jack auto parts store in Hayward, Calif. (AP Photo/Paul Sakuma)Billionaire Carl Icahn is raising the stakes again in his battle with tiremaker Bridgestone...
View ArticleIt's charity season for companies like AutoNation
Mike Jackson, CEO of AutoNation, presented a $1 million check for breast cancer research earlier this month (Photo by AutoNation)Just like individuals, some companies are counting up the strong profits...
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