Tesla shares slump after Goldman downgradeMon, 27, Feb 2017
FCA shares jump on GM speculation; Barra still not interestedWed, 15, Feb 2017
BorgWarner records $441 million charge to fight asbestos claimsThu, 09, Feb 2017
Dana says adjusted earnings rise 29% to $166 millionThu, 09, Feb 2017
GM predicts 'strong year' in 2017 after earnings, margins fall in Q4Tue, 07, Feb 2017
General Motors' earnings and profit margins declined in the fourth quarter, but its CFO said the automaker would have “another strong year” in 2017 even as the U.S. market gets tougher. Achieving that goal could mean more production cuts in the months ahead to avoid heavy discounting on slow-selling cars.
Ferrari Q4 earnings rise 38%, expectations for 2017 riseThu, 02, Feb 2017
Delphi Q4 net income rises 47% to $281 millionThu, 02, Feb 2017
Delphi Automotive posted a 47 percent gain in fourth-quarter net income as the supplier continued to benefit from growth in its technologies that are aiding the evolution toward self-driving vehicles.
Tesla drops 'Motors' from its nameWed, 01, Feb 2017
Tesla Motors Inc. has changed its name to Tesla Inc. The change, which was reported in a filing to the Securities Exchange Commission on Wednesday, follows the company’s acquisition of solar panel company SolarCity, which was approved by shareholders in November.
Lear's Q4 core earnings rise 7% to $386 millionThu, 26, Jan 2017
Auto supplier Lear said it posted record fourth-quarter core operating earnings of $386 million, up 7 percent from a year earlier, thanks to strong operating performances in its seating and electrical systems segments. The company reported a record profit margin of 8.3 percent for the quarter, up from 7.6 percent.
FCA Q4 adjusted earnings rise 1%; company pledges to cut debt nearly in halfThu, 26, Jan 2017
Fiat Chrysler Automobiles said its fourth-quarter earnings before interest and taxes rose 1 percent to 1.5 billion euros ($1.7 billion) Revenue during the quarter also gained 1 percent to 29.7 billion euros ($31.9 billion).
Ford posts Q4 net loss on accounting shift; operating profit slipsThu, 26, Jan 2017
After posting a fourth-quarter net loss mainly because of accounting changes, Ford finished 2016 with a $10.4 billion pre-tax profit, down slightly from record results in 2015. Ford's fourth-quarter pre-tax profit was $2.1 billion, down $500 million.
VW shareholders call for reforms in wake of U.S. settlement, indictmentsThu, 12, Jan 2017
Volkswagen investors demanded greater transparency and reforms at the carmaker after it admitted to criminal offences in rigging U.S. emissions tests and U.S. prosecutors indicted six current and former managers over the scandal.