CNBC's Phil LeBeau discusses the latest on Ford's earnings miss and guidance cut. Also a look at the biggest concern for the big three automakers. » Read More
Ford is considering closing plants across Europe in response to Britain's vote to leave the EU, as it forecast a $1bn hit to business, the FT reports.
DEARBORN, Mich.— Ford Motor Co.' s shares tumbled Thursday after it reported weaker-than-expected second-quarter earnings and warned that things could get worse in the second half of the year. Ford's net income fell 9 percent to $2.0 billion in the second quarter as the company struggled with flattening U.S. sales and a tougher market in China.
Fiat Chrysler Automobiles reported a 14 percent drop in operating profit after charges related to recall costs and capacity shifts in North America.
SPARKS, Nev.— It's Tesla Motors' biggest bet yet: a massive, $5 billion factory in the Nevada desert that could nearly double the world's production of lithium-ion batteries. The factory is about 14 percent complete, but when it's finished, it will be about 10 million square feet, or about the size of 262 NFL football fields. Tesla CEO Elon Musk said the factory could...
"It just breaks your heart," said Janette Fennell, founder and president of KidsAndCars.org, a national child safety nonprofit based in Philadelphia. In Dallas, 2- year-old Boi Lei Sang died after being left in a hot car in a parking lot Sunday while his family was in church. The worst was 2010, with 49, according to both a count by Fennell and Jan Null, a research...
Industrial bellwether General Electric reports earnings Friday morning, as market focus turns to the Fed.
Intel Corp., down $1.42 to $34.27. Joy Global Inc., up $4.65 to $28.20. The mining equipment company agreed to be bought by Japanese machinery maker Komatsu for $3.7 billion, or $28.30 per share.
CNBC's Phil LeBeau discusses big numbers for General Motors in the second quarter.
GM's blowout report today just gave a big boost to quarterly estimates.
GM's warning about Europe did little to cool the enthusiasm of investors, who pushed the company's shares higher.
General Motors Q2 profit more than doubles on U.S. earnings. "Fast Money Halftime Report" trader Jim Lebenthal, who expected this and profited from the earnings, discusses his views on the future of GM.
Legendary investor Warren Buffett spoke at length about a secret meeting held by CEOs and other top executives on improving governance principles.
General Motors beat the Street in the second quarter, reports CNBC's Phil LeBeau.
DETROIT— General Motors is recalling nearly 308,000 older Chevrolet Impala sedans in the U.S. and Canada because the air bags might not inflate in a crash. The recall covers Impalas from the 2009 and 2010 model years that were made before Feb. 10, 2010. GM says in government documents that the front passenger seat frame can rub against the wiring for a passenger...
General Motors raised its forecast for full-year profits after reporting a record second-quarter profit that handily beat Wall Street expectations.
Don't start your trading day without finding out what CNBC's Jim Cramer is watching ahead of the opening bell.
General Motors, Southwest and American Express are making headlines this Thursday morning after reporting their latest earnings results.
U.S. stock index futures indicated a higher open Thursday as traders eyed a raft of both earnings and data.
Chuck Stevens, General Motors CFO, discusses General Motors' quarterly results with CNBC's Phil LeBeau.
Some of the names on the move ahead of the open.