Ford Shares More Details on Apple CarPlay Support
Will offer close integration with SYNC
Ford was one of the first car manufacturers to announce its intentions to add support for Apple’s CarPlay to its in-dash systems. Questions concerning how Ford plans to integrate Apple’s solution...
Daimler sees $780 million windfall from sale of Tesla stake
Oct. 21, 2014 23:18 CET
Auto News Europe
FRANKFURT -- Daimler AG on Tuesday said it would book a $780 million windfall from selling its 4 percent stake in rival electric car maker Tesla Motors Inc.
A cooperation agreement to supply...
All-New Lincoln MKC Shares Spotlight at ESSENCE Magazine’s Black Women in Music
The newest vehicle from the Lincoln Motor Company – the Lincoln MKC – will share the spotlight with one of the emerging voices in music – Emeli Sandé – at the ESSENCE Black Women in Music celebration.
Ford shares falling on news of lower-than-expected profits next year
Ford has released projections for its 2013 profits, along with predictions of its 2014 earnings, and the news has forced the company's stock to stumble, falling over seven percent as of this writing. The Blue Oval is...
Investor Warren Buffett buys 10 million shares of GM - Detroit Free Press
5:34 PM, May 15, 2012
Legendary investor Warren Buffett’s Berkshire Hathaway disclosed today that it had acquired 10 million shares of General Motors’ common stock.
Berkshire Hathaway purchased 10 million shares for a...
GM shares lose momentum in post-IPO NYSE return
On Friday 19 November 2010, 6:17
By Clare Baldwin and Soyoung Kim
NEW YORK (Reuters) - General Motors Co made a triumphant return to Wall Street less than a year and a half after the government rescued the automaker and forced a massive...
Ford Shares Are Undervalued: Analyst
by Ted Reed
October 4, 2010
DETROIT (TheStreet) -- Morgan Stanley has initiated coverage of Ford with a buy rating, calling the automaker's shares one of the firm's "best" ideas and setting earnings targets that are nearly 40% above consensus...
Shares of electric car maker Tesla Motors ran low on voltage Tuesday, falling beneath the stock's initial public offering price after a stunning run-up last week. Shares in the Palo Alto, Calif., company lost 16%, or $3.09, Tuesday to $16.11 in the Nasdaq stock market.
Ford shares closed at $9.88 on Tuesday -- their lowest point since Dec. 21 -- amid concerns about sluggish industry sales and uncertainty over how the company will pay what it owes to the UAW's health care trust fund.
DETROIT/NEW YORK (Reuters) - Shares of General Motors Corp jumped on Friday after its auto finance affiliate GMAC won access to government lending programs, while analysts estimated GMAC might be seeking loans of more than $6 billion.
The Federal Reserve approved GMAC's status as a bank on...
Kerkorian cuts Ford stake; could sell all shares
OCTOBER 21, 2008 - 9:00 AM ET
DETROIT (Reuters) -- Billionaire investor Kirk Kerkorian sold part of his 6.5 percent stake in Ford Motor Co. and could sell the rest of his stake in the automaker, Kerkorian's investment vehicle...
DETROIT (Reuters) - Bill Ford, chairman of Ford Motor Co (F.N: Quote, Profile, Research, Stock Buzz), has sold 1 million shares of common stock to pay down debt that he took on to exercise options and acquire stock in the automaker in 2004 and 2005.
Ford sold the shares at an average weighted...
GM shares fall 30 percent after S&P statement
Thursday October 9, 4:50 pm ET
By Bree Fowler, AP Auto Writer
GM, Ford shares plummet after S&P places ratings on CreditWatch for possible downgrade
NEW YORK (AP) -- Shares of General Motors Corp. and Ford Motor Co. plunged in the waning...