|Day Low/High||16.65 / 16.91|
|52 Wk Low/High||14.70 / 18.84|
Renault shares plunged to the bottom of the European market Thursday after rival Fiat Chrysler pulled out of a planned $35 billion merger amid accusations of meddling by the French government.
President Donald Trump's move to slap tariffs on goods imported from Mexico into the United States hammered the stocks of automakers Friday as investors counted the cost of price increases on one of the world's biggest car-production markets.
Global stocks slumped Friday, pulling Wall Street futures sharply into the red, as investors reacted to a surprise move by President Donald Trump to slap tariffs on U.S. imports from Mexico.
U.S. stock futures are lower as caution still prevails amid concerns over the fate of trade talks between Washington and Beijing; the French government says it jobs protected needs in order to support the proposed merger of Fiat Chrysler and Renault; Alibaba is considering raising $20 billion through a second listing in Hong Kong, a report says.
Renault shares slipped lower Tuesday after the French government said it needed job and board seat guarantees in order to support a proposed $35 billion tie-up with Italy's Fiat Chrysler to create the world's third biggest carmarker.
U.S. stocks traded higher Wednesday, reversing sharp earlier declines, following a report that President Donald Trump may delay a decision to apply tariffs on automobiles imported into the United States for up to six months.
Lyft and Waymo are teaming up to bring the latter's autonomous vehicles to the former's network of ride-hailing.
Global stocks sputtered Thursday, although U.S. equity futures extended gains. with investors reacting to last night's policy statement from the Federal Reserve that suggested interest rates would likely remain unchanged for the better part of the year, amid a stronger-than-expected corporate earnings season and mixed signals from the broader economy.
Volkswagen shares led German stocks higher Thursday after it posted stronger-than-expected first quarter revenues, and confirmed its full-year profit outlook, even as it cautioned on sales margins and set aside more cash to cover costs linked to its emissions cheating scandal.
Tesla stock is clinging to support after a dismal quarter. Will this finally break the stock?
General Motors, Ford, Toyota and SAE International are forming the the Automated Vehicle Safety Consortium to help create some regulatory order in the self-driving space.
Amazon and Volkswagen are partnering in a massive industrial cloud initiative. Here's why it's a win-win.
General Motors and Ford just announced several big investments in the electric vehicle and autonomous driving space.
Nvidia is partnering with Toyota Motors for autonomous systems. Given the size of Toyota, this is a big deal for Nvidia.
BMW shares tumbled Wednesday after the luxury carmaker warned of a "significant decline" in 2019 profits and unveiled a $13.6 billion cost-cutting program.
President Trump and a large percentage of Americans are not ready for autonomous vehicles. Will that ever change?
U.S. stock futures rise Friday on a report the U.S. and China are making progress on a trade agreement; Tesla unveils its Model Y SUV with a starting price of $47,000; Facebook loses two top executives; Broadcom posts a big earnings beat.
The Securities and Exchange Commission said late Thursday that Volkswagen AG continued to market billions in bonds and other financial products to investors even as it knew the escalating 2015 'dieselgate' scandal would mean it was selling cars that violated U.S. environmental law.
Uber could be looking at $1 billion or more investment led by SoftBank and Toyota.
Jim Cramer has some advice for investors keeping an eye on companies that are cutting costs to be healthy.
Volkswagen is shifting to electric vehicles and says it plans to cut between 5,000 to 7,000 jobs by 2023.
Waymo could take on outside investors, setting a valuation for its industry-leading autonomous driving technology.
Volkswagen making its MEB platform open to other automakers puts the German company in a unique position.
Real competition is headed Tesla's way from companies that know how to mass produce vehicles. The smart way to play the trend is to invest in components and systems makers.
Ford and Volkswagen are partnering on another initiative, this time on autonomous vehicles.
Daimler and BMW are putting more than $1 billion to work on pushing automotive technology forward.
Tariffs are wreaking havoc on both profits and sales for German automakers.
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