Tesla expects to hit cap for federal tax credits in 2018Feb. 23
Chief of China's Geely builds $9 billion stake in DaimlerFeb. 23
Li Shufu, the chairman and main owner of Chinese carmaker Geely, has amassed a stake of 9.69 percent in Daimler AG, the German company said Friday. The stake, worth nearly $9 billion at the current market price for Daimler shares, makes Li the biggest single shareholder in the maker of Mercedes Benz cars, trucks and vans.
Visteon lands record new business in 2017Feb. 22
Entrepreneur Stefan Quandt becomes BMW's most powerful shareholderFeb. 21
Lithia Q4 net surges on tax gains, record revenueFeb. 14
GM looks to cut international costs, restructure Korean operationsFeb. 6
GM, Ford miss out on tax benefit Trump hands to foreign automakersFeb. 6
Asbury Q4 net falls on waning special gainsFeb. 6
GM posts record Q4 operating profit, $4.9B loss on tax chargeFeb. 6
Geely could become Daimler's biggest shareholder, report saysFeb. 5
HURT ON THE STREETFeb. 5
It's been a mind-boggling turn of fortunes for Ford, which had emerged from the industry's downturn with significant momentum and posted record earnings in 2015 and 2016 but could now see its credit rating lowered amid apathy from investors.