Tag Archives: shares

Group 1 Q3 net falls as storm overwhelms strong performance; shares rise


by CAHairyBear Group 1’s third-quarter net income fell 16 percent due to Hurricane Harvey’s impact, despite a strong operational showing in the U.S. and in its overseas markets. … Automotive News Breaking News Feed

Toyota unloads Tesla shares with end of EV ties


by Dave Adams Automotive Images Toyota said Saturday it had sold all of its shares in Tesla by the end of 2016, having cancelled its tie-up with the U.S. company to jointly develop electric vehicles. … Automotive News Breaking News Feed

Fiat Chrysler shares drop as U.S. weighs suit over diesel emissions


by Broken Window Theory Fiat Chrysler Automobiles shares fell over 3 percent in early U.S. trading on Thursday on reports the Justice Department is preparing to file a civil suit against the automaker for selling 104,000 vehicles that emit excess diesel emissions. … Automotive News Breaking News Feed

Ford’s board to question Fields on strategy as shares lag, reports say


by Zixii Ford’s board is turning up the pressure on CEO Mark Fields to better explain the company’s fading fortunes and his plan to turn things around, reports said. … Automotive News Breaking News Feed

Tesla shares slump after Goldman downgrade


by grandjury Tesla shares fell more than 5 percent in early trading today after Goldman Sachs turned negative on the stock and cast doubt on CEO Elon Musk’s ability to deliver the company’s new vehicle on time. … Automotive News Breaking News Feed