Tag Archives: shares

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

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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

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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

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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

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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

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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