The hits keep coming for the world’s richest man, Elon Musk. Tesla reported another weak quarter of performance as car buyers around the world increasingly opt for other brands. That wasn’t entirely surprising as analysts had forecast dismal first-qua…
Tesla investors are anxious to know if plans to roll out a cheaper car and a robotaxi service this year are on track, and whether CEO Elon Musk is ready to ditch his role in the Trump administration soon and get back to managing the company more close…
There’s a reason some people choose to spend a lot of money on the cars they drive. Your vehicle is something you might use every day of the year, or at least most days. So while you shouldn’t take on an auto loan you can’t afford, it’s sometimes okay to splurge on a car […]
The post I’m 39, drive a Honda CR-V, and want a V8 truck for safety – should I pull the trigger on the pricey truck or stick with a crossover? appeared first on 24/7 Wall St..
Elon Musk’s foray into government has proven disastrous for his business life.
Since taking up work for President Donald Trumps’ so-called Department of Government Efficiency (DOGE), Musk’s electric car company Tesla has seen sal…
Carvana’s streamlined operations, scalable platform and distinctive business model position it well for more upside.
As tariffs raise car prices, the next move by manufacturers is bound to be layoffs. Volvo has just announced it will cut 800 jobs at three U.S. locations.
The post Volvo Fires People as Tariffs Bite appeared first on 24/7 Wall St..
Goldman Sachs has partnered with Abu Dhabi's Mubadala Investment Company in a $1 billion private credit initiative targeting the Asia-Pacific region, with a focus on India This strategic expansion by Goldman Sachs and the growing financial ecosyste…
CATL, the world’s largest maker of batteries for electric vehicles, described breakthroughs that could make E.V.s more competitive with gasoline-powered cars.
Paris’s youngest neighborhood was built over the last two decades atop a former rail yard and a new station on the Paris Metro Line 14. Clichy-Batignolles, in the 17th arrondissement, is roughly split into thirds, with two developed areas hugging the …
They’re seeing their credit scores drop, which will make it more difficult to buy a car or rent a home. And that has implications for the already slowing economy.
Car dealer George Saliba told BI the Cybertruck was initially viewed as a status symbol and attracted wealthy buyers. Now, he says the market is down.
Car manufacturers are already reviewing their 2026 lineup. However, President Trump’s tariffs are giving buyers some pause. Industry experts say even if you’re not buying a car yourself, it will cost you. CBS News New York’s Ali Bauman explains why.
CFOs “don’t have the visibility to provide discrete guidance for the quarter,” David Lefkowitz, head of US equities at UBS Global Wealth Management, told Morningstar.
I use a brokerage account to fund a portion of my more liquid assets like putting stuff aside for a new car or home repairs. I have had it for maybe like 6 years or so, just bought some indexes and etfs and saw some benefit. Enter this crazy market tha…
Bill Ackman said Hertz’s fleet value is set to increase by over $1 billion thanks to Trump tariffs.
https://finance.yahoo.com/news/exclusive-tesla-delay-us-launch-203403188.html SAN FRANCISCO/NEW DELHI/SEOUL (Reuters) – Tesla's much-awaited plans for an affordable car include a stripped-down version of its best-selling electric SUV, the Model Y, …
Bill Ackman’s Pershing Square Capital Management has amassed a nearly 20% stake in Hertz.
Volkswagen may build some Audi cars in the U.S. in a bid to avert President Donald Trump’s tariffs.
Ford has warned its dealers that price hikes are coming. Many of its vehicles and their parts are affected by increased tariffs on foreign goods.
The post Ford Warns Dealers on Major Price Increases appeared first on 24/7 Wall St..
Rated as one of the top 10 most popular cars sold in the U.S. in 2024, the Civic model is currently sourced in both countries.
In the most recent trading session, Tesla (TSLA) closed at $241.38, indicating a -0.07% shift from the previous trading day.
As people make their way back to the office, they have to factor in commuting costs again.
China is cracking down on how automakers advertise driver assistance features, banning terms like “autonomous driving,” “self-driving,” and “smart driving,” Reuters reported, citing a transcript of a meeting between …
California suit alleges company attempted to shorten warranty periods.
Dealerships push tariff sales as buyers hurry to lock in prices before car costs jump.
Hertz stock rallies after SEC filings show that Bill Ackman’s Pershing Square has taken a large stake in the car rental company.
The post Hertz Stock Spikes After Bill Ackman Reveals $46 Million Stake appeared first on Investor's Business Daily.
Yesterday, Hertz Global Holdings, Inc. (Nasdaq: HTZ) became one of the best-performing automotive-related stocks of the year after the car rental company’s stock surged more than 56% in a single trading session. Today, the stock is up again by a doubl…
When Hyundai recently celebrated the grand opening of its new Metaplant in Georgia, a $7 billion-plus factory that will manufacture both electric and hybrid vehicles, many lauded the South Korean automaker for its impeccable timing. The grand opening …
https://www.cnbc.com/2025/04/16/-hertz-surges-after-bill-ackman-takes-big-stake-in-the-rental-car-firm.html Bill Ackman’s Pershing Square took a sizable stake in Hertz, the rental-car company that exited from bankruptcy four years ago, sparking a big r…
In March, auto sales spiked as Americans were rushing to get ahead of tariffs. Car prices could jump.
Big-ticket items like cars top the list of goods selling faster before prices rise, prompting one economist to compare the boom to ‘one gigantic clearance sale.’
Tesla sales fell 15% in California last quarter, even as new car registrations jumped. The EV maker has now seen six straight quarters of decline.
A decade ago, streets in Paris were clogged with cars and exhaust. But now, if you ride a bike down a major boulevard at rush hour, you’ll be surrounded by a stream of other cyclists—and much cleaner air.“It’s an incredible feeling to ride your bike—it…
The Chevrolet Corvette has been the icon of U.S. industrial power since 1953. It also symbolizes the great ideal of America—a dream of individual freedom that was ultimately embodied in big roaring cars and endless highways.
This gasoline-fueled dr…
“I have plenty of rainy-day money. I don’t want to be a landlord again. And, yes, I give my children money.”
Rivian Automotive (RIVN) concluded the recent trading session at $11.91, signifying a -1% move from its prior day’s close.
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