The stock price skidded. The stock price stalled. Use whatever automotive analogy you want. It was a bad day for Ferrari on the New York Stock Exchange.
- Chris Bruce
- Sep 21, 2015
VW's share price is taking a huge hit on the German stock exchange in the wake of the company's emissions scandal in the US. The problem could even affect the chairmanship of Martin Winterkorn.
- Danny King
- Aug 29, 2013
August has been good to Tesla Motors – heck, all of 2013 has pretty much been an upswing – and the market value of the California electric-vehicle maker has now surpassed the $20 billion mark. Bloomberg News reports the stock, which is trading in the $165 neighborhood, is up almost sixfold in the past year. Tesla went public in July 2010 at $17 a share.
- Jonathon Ramsey
- Jun 5, 2012
With a multi-volume list of issues that a presidential hopeful could discuss, we aren't sure why Mitt Romney keeps circling back to the auto industry bailouts, but here we are again. He's lately swinging his stick at the U.S. Treasury Department for not having sold its 26.5-percent stake in General Motors, accusing it of holding back on the stock sale to avoid having to report a multi-billion dollar loss before the election.
- Chris Shunk
- May 16, 2012
The Internets are buzzing over the upcoming initial public offering of Facebook, but General Motors doesn't seem all that impressed. The Huffington Post reports that The General has pulled its Facebook ad campaigns just days before the social media site is scheduled to officially hit the stock market.
- Jeff Sabatini
- Feb 1, 2012
The "Government Motors" crowd isn't going to be happy about this: The Detroit News is reporting that the U.S. Treasury now says it has lost an extra $170 million in the auto industry bailout. The culprit? The declining price of General Motors stock.
- Jonathon Ramsey
- Jan 3, 2012
In spite of General Motors standing poised to retake the top sales spot, Chevrolet perhaps breaking its all-time sales record, and an anticipated Buick and two new Cadillac models coming, GM's stock price got beat like a goat in 2011. On January 2, 2011 the stock traded at $37.06, on January 2, 2012, it hovered a few dimes above $20, making GM the worst-performing auto-industry stock of 2011: with a 46.1-percent drop, it edged out Cooper Tire (-41.7), TRW Automotive (-40) and Ford (-37.3).
- Domenick Yoney
- Nov 17, 2011
BYD has had its struggles in recent times but finally some good news has seen the Chinese battery and auto manufacturer get a nice little spike in its share price. The news? The powers that be in China have signaled they are still serious about pushing the adoption of electric transportation.
- Zach Bowman
- Sep 18, 2010
Despite its recent financial woes and a bout with organized labor, Harley-Davidson is actually paying out dividends this quarter. If you happen to own some of the company's common stock, you can expect to see a check in the mail for around ten cents a share. That's not exactly money to retire on, but hey, last time we checked, no one turns down a free dime. As of this writing, Harley-Davidson, Inc. (HOG, NYSE) is trading at around $28.45 per share.
- Jonny Lieberman
- Dec 21, 2009
Here's the skinny: Saab isn't totally dead yet. As the weekend showed, there's (a little) hope for both Saab and its Dutch suitor, Spyker. As our man Ramsey laid out yesterday, Spyker submitted a renewed eleven-point plan to General Motors that they (Spyker) hopes will allow them to take ownership of the deeply troubled brand. And yes, being pronounced dead four days ago counts as "deeply troubled." As Swedish Prime Minister Fredrik Reinfeldt pointed out, all this dead/not dead uncertainty has b
- Michael Harley
- May 29, 2008
Following a slew of labor problems including the American Axle strike that cost an estimated $2 billion, General Motors is restructuring to accommodate the declining U.S. auto market. Following the lead of Ford and Chrysler, the move will likely include further cost cutting and layoffs, as production of thirsty truck and sport-utility vehicles is wound down to make room for more fuel efficient vehicles. Information is sketchy at this stage, but plan on learning the details when the restructuring
- Stuart Waterman
- Jul 13, 2006
Ford Motor announced Thursday that it is cutting its dividend in half, and reducing the fees paid to board members. While chief executive Bill Ford Jr. stated that the move was intended to strengthen the company's liquidity position during its ongoing restructuring, analysts believe the measure is largely symbolic.
- Hyundai Veloster N: menacing grille, big wing
- New Chevy Corvette ZR1 caught live on video
- Find and compare 2017 models