XPeng stock gets upgrade from Jefferies; Chinese EV maker ‘on a new chapter’ after VW investment

Analysts at Jefferies on Friday upgraded their rating on China’s XPeng Inc. shares XPEVHK:9868 to buy, from hold, saying that Volkswagen AG’s partnership with the EV maker marks “the start of China OEMs exporting technolog...

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Ford’s bonds join the stock in coming under pressure after company shifts EV production goal

Ford's bonds are showing more selling than buying in decent volume for a summer Friday.

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Carvana’s stock ‘second chance’ is already priced in, Morgan Stanley says

Morgan Stanley analysts downgrade their rating on Carvana's stock to the equivalent of sell.

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Ford revenue jumps 12%, but stock dips as Wall Street spooked by shifting EV production goal

Ford Motor Co. stock rose immediately after a beat and raise for the automaker, but shares changed direction as Ford spooked investors by pushing back an EV production goal.

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Ford takes a jab at from-the-brink GM Bolt, says it will make more hybrids

Ford Motor Co.'s CEO Jim Farley talks up hybrids, and takes a veiled swipe at GM's plan to bring back the Chevy Bolt.

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Sleep Number stock tanks more than 20% after revenue miss

Shares of Sleep Number Corp. SNBR jumped more than 20% in the extended session Thursday after the specialty retailer missed expectations for its quarterly sales and dialed down guidance for the year. Sleep Number said it ...

QuantumScape stock soars toward 5-month high as EV battery maker looks to bring first product to market ‘as rapidly as possible’

Shares of QuantumScape Corp. QS rallied 12.8% toward a five-month high in afternoon trading Thursday, after the developer of batteries used in electric vehicles reported a second-quarter loss that surprisingly widened, but...

Tesla ‘secret team’ would suppress driving-range complaints: report

Tesla Inc. TSLA created a “secret team” to stifle complaints about driving range and cancel service appointments by Tesla owners who sought to check on discrepancies between advertised range and real-world driving, Reuters...

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Harley-Davidson stock revs up as margins improve, even as earnings miss and outlook slashed

Harley-Davidson's stock rallied Thursday, as a strong margin performance helped overshadow an earnings miss and lowered full-year outlook.

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U.S. trade deficit in goods narrows slightly in June

The U.S. international trade deficit in goods narrowed 4.4% to $87.8 billion in June, according to the Commerce Department’s advanced estimate released Thursday.

XPeng, Nio stocks rally toward fresh highs, to extend the previous session’s big gains

Shares of XPeng Inc. XPEV ran up 6.6% toward a fresh 11-month high in premarket trading Thursday, to extend the big rally in the previous session. The China-based electric vehicle maker’s stock has shot up 26.7% on Wednesd...

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Ford earnings: Will Ford follow GM and raise its outlook for the year?

Ford Motor Co. reports second-quarter earnings after the bell on Thursday, and it has a tough act to follow.

Hertz’ stock slides 4% premarket as revenue falls short of estimates

Hertz Global Holdings Inc.’s stock HTZ slid 4% in premarket trade Thursday, after the car rental company’s second-quarter profit fell sharply from a year ago, while revenue fell short of estimates. The company had net inco...

Mobileye’s stock pops 4% premarket after earnings top estimates

Mobileye Global Inc.’s stock MBLY rose 4% in premarket trade Thursday, after the provider of technology for self-driving cars posted better-than-expected adjusted second-quarter earnings. The company had a net loss of $28 ...

Tesla’s Autopilot under investigation from California attorney general: report

Tesla Inc. TSLA is under an investigation by the California attorney general’s office regarding Autopilot’s safety issues and complaints about false advertising, CNBC reported Wednesday, citing a customer and a former Tesl...

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GM, Hyundai and other car manufacturers to build 30,000 fast EV chargers in challenge to Tesla

Automakers are combining efforts to build a network of fast-charging North American EV hookups meant to mimic Tesla's Superchargers and tap into subsidies.

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EV stocks get a broad boost from VW’s purchase of 5% stake in XPeng

Shares of electric-vehicle makers got a broad boost Wednesday as investors cheered Volkswagen AG's $700 million investment in China-based XPeng Inc.

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XPeng’s stock rockets after Volkswagen invests $700 million, announces cooperation agreements

Volkswagen will work with XPeng on new EVs for China market, and Audi will work with China's SAIC.

Mullen Automotive’s stock rallies after majority-owned Bollinger Motors receives $3 million grant from state of Michigan

Shares of Mullen Automotive Inc. MULN rallied 1.2% in premarket trading Wednesday, after the electric vehicle maker said Bollinger Motors received approval for a $3 million grant from the state of Michigan aimed at promoti...

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GM raises profit outlook, tops estimates, but stock weighed down by $792 million recall charge

General Motors Co.'s stock fell Tuesday after the car maker posted better-than-expected second-quarter earnings and raised its guidance for the second time this year but a multimillion-dollar recall charge nicked profit.

Goodyear announces new directors and strategic review as part of Elliot agreement

Goodyear Tire & Rubber Co. GT has announced three additions to its board of directors and a strategic and operational review as part of the tire maker’s cooperation agreement with activist investor Elliot Investment Manage...

Paccar’s stock extends pullback, even after profit and revenue rose above forecasts as customers updated truck fleets

Shares of Paccar Inc. PCAR fell 1.9% in premarket trading Tuesday, to extend their pullback from last week’s record close, even after the heavy-duty trucks maker beat profit and revenue expectations. Net income jumped to a...

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Tesla stock keeps falling after UBS says stop buying

Tesla's stock extended its corrective selloff on Monday, after UBS cut its rating, saying prices already fully reflect strong demand, and then some.

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Correction in Tesla, Netflix shares could last several weeks, stock charts warn

The stocks of both Tesla and Netflix fell into correction territory Friday, and charts suggest the selloffs could continue for as long as several weeks.

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The 2023 BMW Z4 review: Fun luxury roadster and a daily driver in one package

The 2023 BMW Z4 is a premium roadster with a sharp design and an upscale, driver-centric interior. Pricing starts at $52,800.