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Upturn in the downturn: Auto sales predicted to edge up in May

Thu, 25 May 2017 09:35:00 EDT

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(image) J.D. Power and LMC Automotive said consumer discounts averaged $3,583 per vehicle.

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Upturn in the downturn: Auto sales predicted to edge up in May originally appeared on Autoblog on Thu, 25 May 2017 09:35:00 EDT. Please see our terms for use of feeds.

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What Ford's new, old CEOs could be paid, as other job changes are announced

Thu, 25 May 2017 09:15:00 EDT

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(image) Ford said Wednesday that new CEO Jim Hackett is eligible for at least $13.4 million in total annual compensation. ​​​His prececessor, Mark Fields, meanwhile, who was ousted by the board over the company's 37 percent stock slide, could walk away with about $57.5 million in compensation, Bloomberg reports. The bulk of Fields' consolation prize is in unvested stock awards worth $29.4 million, as of Wednesday's close, that will vest through 2020. Fields also is eligible for $17.5 million in retirem

Continue reading What Ford's new, old CEOs could be paid, as other job changes are announced

What Ford's new, old CEOs could be paid, as other job changes are announced originally appeared on Autoblog on Thu, 25 May 2017 09:15:00 EDT. Please see our terms for use of feeds.

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Lack of new vehicle launches has Ford playing catchup with GM

Thu, 25 May 2017 08:30:00 EDT

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(image) The U.S. No. 2 automaker is stuck in a product drought that shows no signs of easing until 2019, ​​​​​.

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Lack of new vehicle launches has Ford playing catchup with GM originally appeared on Autoblog on Thu, 25 May 2017 08:30:00 EDT. Please see our terms for use of feeds.

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Lotus' new position: Much improved, if Volvo's experience is a guide

Wed, 24 May 2017 11:50:00 EDT

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(image) Geely Holding will acquire a controlling interest in British sports car maker Lotus Cars.

Continue reading Lotus' new position: Much improved, if Volvo's experience is a guide

Lotus' new position: Much improved, if Volvo's experience is a guide originally appeared on Autoblog on Wed, 24 May 2017 11:50:00 EDT. Please see our terms for use of feeds.

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China's Geely buying majority stake in Lotus

Wed, 24 May 2017 08:30:00 EDT

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(image) Geely says it has plans to revitalize the Lotus brand.

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China's Geely buying majority stake in Lotus originally appeared on Autoblog on Wed, 24 May 2017 08:30:00 EDT. Please see our terms for use of feeds.

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Even Elon Musk thinks Tesla is overvalued

Fri, 19 May 2017 15:45:00 EDT

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(image) The stock price is still over $300.

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Even Elon Musk thinks Tesla is overvalued originally appeared on Autoblog on Fri, 19 May 2017 15:45:00 EDT. Please see our terms for use of feeds.

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Aston Martin may soon follow Ferrari with a London IPO

Fri, 19 May 2017 15:01:00 EDT

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(image) The move was a huge boon for the Italian automaker.

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Aston Martin may soon follow Ferrari with a London IPO originally appeared on Autoblog on Fri, 19 May 2017 15:01:00 EDT. Please see our terms for use of feeds.

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GM will cut operations in India, South Africa

Thu, 18 May 2017 09:36:00 EDT

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(image) GM, like Ford, has found it increasingly expensive to compete in emerging markets outside of China.

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GM will cut operations in India, South Africa originally appeared on Autoblog on Thu, 18 May 2017 09:36:00 EDT. Please see our terms for use of feeds.

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Tesla burning through cash, stock rating takes hit

Mon, 15 May 2017 18:35:00 EDT

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(image) A key analyst for Morgan Stanley adjusted his rating for the automaker.

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Tesla burning through cash, stock rating takes hit originally appeared on Autoblog on Mon, 15 May 2017 18:35:00 EDT. Please see our terms for use of feeds.

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Ferrari, not Tesla, might be the stock to buy

Mon, 08 May 2017 12:25:00 EDT

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(image) The Prancing Horse makes the financial market dance.

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Ferrari, not Tesla, might be the stock to buy originally appeared on Autoblog on Mon, 08 May 2017 12:25:00 EDT. Please see our terms for use of feeds.

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Could Apple use its massive cash reserve to take over Tesla?

Sat, 06 May 2017 17:05:00 EDT

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(image) Apple is sitting on a cash hoard of $250 billion. Analysts think that money should be put to work.

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Could Apple use its massive cash reserve to take over Tesla? originally appeared on Autoblog on Sat, 06 May 2017 17:05:00 EDT. Please see our terms for use of feeds.

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California enacts $52 billion fuel tax hike for road, bridge repairs

Sat, 29 Apr 2017 13:25:00 EDT

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(image) The average California motorist will see transportation costs rise by about $10 a month.

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California enacts $52 billion fuel tax hike for road, bridge repairs originally appeared on Autoblog on Sat, 29 Apr 2017 13:25:00 EDT. Please see our terms for use of feeds.

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