Shares of automakers rose Friday, with General Motors Co. stock reaching its highest price in more than two years, as Europe became the latest part of the globe to report rising auto sales.» Read More
Shares of automakers rose Friday, with General Motors Co. stock reaching its highest price in more than two years, as Europe became the latest part of the globe to report rising auto sales.
Mamta Badkar, Business Insider, explains whether day trading will make a comeback. A wave of "home gamers" are getting into the market with the idea of trying to get rich quick, writes Damien Hoffman of the Wall Street Cheat Sheet.
NEW YORK-- Tesla Motors shares fell Friday as the electric car maker increased the size of its stock and note sales by nearly 17 percent. THE SPARK: Tesla disclosed in a regulatory filing that it now plans to sell 3.39 million shares in a public offering, and has priced them at $92.24 each, according to the filing with the Securities and Exchange Commission.
PALO ALTO, Calif.-- Electric car maker Tesla Motors Inc. has increased the size of its stock and note sales by almost 17 percent, citing high demand from investors. The Palo Alto, Calif., company said in a regulatory filing on Friday that is now expects to gross $968 million from the sales, which will take place on May 22.
LONDON, May 17- European shares held near multi-year highs in volatile trade on Friday, with some investors using early weakness as a buying opportunity and with carmakers cheered by signs of a revival in domestic sales. The STOXX Europe 600 auto sector added 2.4 percent after data showed Europe's car market growing for the first time in 1-1/ 2 years in April.
CNBC's Tokyo bureau chief Kaori Enjoji delivers the latest on Honda's decision to renew its partnership with racing giant McLaren and re-enter the world of Formula One.
MILAN, May 16- Italian carmaker Fiat SpA said on Thursday the idea of moving the group's legal headquarters to the United States is not on the agenda. " The statement referred to a Bloomberg report on Wednesday that cited people familiar with the matter as saying Fiat was considering moving its headquarters to the United States.
CNBC's Herb Greenberg says Tesla's earnings quality is abysmal.
BOWLING GREEN, Ky.-- An auto parts maker is adding a new building and 100 full-time jobs to its operation in Bowling Green, Kentucky. Steve Beshear's office said the company plans to add an 87,000- square-foot building with a capital investment of up to $66 million.
Colin Rusch, Northland Capital Markets' Colin Rusch raised his price target on the automaker from $50 last week to $95 today.
Mercedes-Benz is digging in and putting more features into its redesigned flagship S-Class sedan. This is not just another ultra-luxury sedan.
Shares of Tesla Motors Inc. shot higher in premarket trading on Thursday after it said it would offer stock and notes in an $830 million deal that will allow it to pay down its debt to the U.S. government. Palo Alto, Calif.- based Tesla said it will offer 2.7 million shares of its common stock and $450 million in convertible senior notes.
DETROIT, May 16- Most of the small SUVs tested for safety in crashes did not fare well in more stringent tests performed by an influential U.S. safety group in results issued on Thursday.
Some of the most popular small SUVs have failed critical crash tests that simulate a common and deadly front end collision.
Tesla announced plans to offer another 2.7 million shares and said CEO Elon Musk will buy another $100 million worth of Tesla stock. Shares shot up after-hours.
Detroit automakers have begun to close the quality and reliability gap with their rivals, and a new study suggests that domestic models may even be taking the lead in many key market segments. NBC News reports.
J.D. Power Airline Survey shows higher passenger satisfaction, reports CNBC's Phil LeBeau.
Diarmuid O'Connell, Tesla vice president; and Robert Glaser, North Carolina Automobile Dealers Association president, debate whether the automaker should be able to sell directly to consumers.
Auto repossessions rise due to borrowers defaulting on their auto loans. Has the industry gone too far selling new cars and trucks to those with subprime credit records?
WASHINGTON-- U.S. factories likely increased their output in April after cutting back slightly in March, helped by another solid month of auto production. The Federal Reserve will report on April industrial production at 9:15 a.m. EDT Wednesday.