Earnings/Financials

2015 Dodge Charger SRT Hellcat What's black, white and red all over? Not sure? Okay, what's black, white and red all over, boasts a stonkin' 707-horsepower supercharged V8 underhood, four doors with plenty of room for a party of five and a trunk big enough for all their stuff? That's right: It's ...

The recently merged Fiat Chrysler Automobiles empire has ambitious plans for growth, and it's going to need some big bucks in its coffers in order to enact them. Part of that cash injection is coming from the floating of its IPO on the New York Stock Exchange, but now FCA has announced a further ...

It's no secret that Lincoln has received short shrift from the Ford Motor Company for years, and former CEO Alan Mullay even wanted to kill the whole thing off when he ran things. Today, things appear to be trending in a different direction. Fresh investment has helped enable a sizable marketing ...

It looks like the 2014 FIA Formula One World Championship will wrap up with two fewer teams than it started. First the Caterham F1 team declared bankruptcy amidst an ownership dispute, and now the Marussia team has gone into bankruptcy administration as well. Alongside Caterham (then flying the ...

It's been a long time since we last heard of the legal battles between Spyker CEO Victor Muller and General Motors, the automaker from which Muller's company purchased the embattled Saab brand back in 2010. To refresh your memories, after struggling through 2011 and entering into bankruptcy, ...

Following positive third quarter financial results recently from General Motors, rival Ford took a tumble in Q3. The automaker posted pre-tax profits of $1.18 billion, compared to about $2.59 billion in Q3 2013, a drop of around 54 percent. Net income also suffered with $835 million made in the ...

Generally, the best policy in life is to admit when you're wrong and just accept the consequences. However, that attitude generally seems to be a bit less common in the world of business – at least without some government or legal prodding. So, it's especially surprising to learn that top ...

General Motors recently announced its best third-quarter unit sales since 1980 with over 2.4 million vehicles sold globally. Now, the automaker has put out the financial portion of its Q3 results, and as the previous figures suggested, GM did very well for the quarter. It even beat analysts' ...

Caterham is hardly the most stable and successful team on the Formula One grid, but things are looking even more troubling for the embattled outfit, as the company that makes its racecars has reportedly filed for bankruptcy protection. The company in question, Caterham Sports Limited, is ...

Back in 2009, Daimler acquired over 9 percent of Tesla. A couple of months later, it sold 40 percent of that stake to Abu Dhabi-based Aabar Investments. The following year, Tesla listed on the stock exchange and Daimler's interest was reduced to 4 percent. But now the German industrial giant has ...

People are a weird sort. Even after registering over 70 recalls through the first three-quarters of 2014, General Motors saw its best Q3 results since Jimmy Carter was in the White House, registering over 2.4 million global sales between June and September on the back of strong results in the US ...

Acura made a bold move earlier this year when it decided to axe two fairly popular models in the TL and TSX and replaced them with a single sedan: the TLX. After all, how often have you seen modern automakers consolidating vehicles in the lineup? But early indications have shown that the gamble ...

When General Motors began addressing the ignition switch debacle earlier this year, it estimated that 13 people had died due to its negligence in replacing the faulty component. That figure, however, has more than doubled by now. According to Bloomberg, Kenneth Feinberg – the attorney whom ...

Formula One is in for a big shakeup next season, as the only two multiple World Champions on the grid are kicking off a game of musical chairs. Just who will end up where has yet to be figured out, but the overwhelmingly prevailing wisdom has Sebastian Vettel, who has already announced his ...

Over the past three years, the number of speed camera programs has grown from 115 to 140. Early in his tenure, Gov. Chris Christie saw red-light cameras as a way to augment traditional traffic enforcement and keep motorists safe on New Jersey roads. Lately, he's seen the automated traffic ...

PSA Peugeot-Citroën already lost a lot of control of its automotive business earlier this year when Dongfeng and the French government each bought 14 percent shares of the struggling firm to keep it alive. The company's scooter division, one of the oldest in the world, is now facing a ...

China has already surpassed the United States as the world's largest automotive market, so it's no surprise that one day soon it will be the world's largest Porsche market. In fact, that day may already be here, as the PRC's Porschephiles outbought their American counterparts in September. ...

"Dealers have to discount those rates to be competitive. The current system saves customers money. Period." – Forrest McConnell Auto dealers and the federal government are facing off over proposed rules to regulate auto financing, and this week the head of the nation's largest dealer ...

Aston Martin's current lineup may be the best it's ever been, but that doesn't mean the automaker is making money off its Vantage, DB9, Vanquish and Rapide dream machines. In fact, the company lost $41 million in 2013, but that pretax figure is actually a third lower than in 2012. Revenue was up ...

When Warren Buffet makes an investment, people pay attention. That's just one of the perks of being one of the richest men in the world, and his latest move is a big one. Buffet's Berkshire Hathaway investment company is to hopping into the auto business in a huge way by buying Van Tuyl Group, ...