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- Tesla shares rise 10% after positive analyst report
Tesla Motors rose the most in seven weeks after a Dougherty and Company analyst more than doubled her price target for the electric-car maker, a day after Goldman Sachs Group said the shares may fall.
Переслать - Ford sues Japanese wiring supplier over conspiracy to fix prices
Ford has sued one of its Japanese suppliers following a criminal case in which the parts maker admitted to being part of a conspiracy to fix prices of key wiring components. Fujikura, of Tokyo, in April 2012 agreed to plead guilty in U.S.
Переслать - Cordray confirmation strengthens CFPB clout
Critics of the Consumer Financial Protection Bureau who opposed the agency's single-director structure lost a big battle yesterday as the U.S. Senate confirmed Richard Cordray as the CFPB's first permanent director.
Переслать - Group sues Ford, claims touchscreen systems defective
A proposed class-action lawsuit was filed against Ford Motor, alleging that the MyFord Touch and MyLincoln Touch infotainment systems are defective.
Переслать - Toyota expands 'Let's Go Places' ad theme with Corolla prelaunch
Toyota Division is expanding its "Let's Go Places" advertising theme with experiential marketing events at family-friendly music, art and food festivals across America this summer.
Переслать - Infiniti EV delayed to await new technology, exec says
Production of Infiniti's electric car has been delayed in hopes of implementing more sophisticated technology into the vehicle, an executive said earlier this month.
Переслать - Penske boosts dividend ahead of Q2 earnings
Penske Automotive Group raised its quarterly dividend 7 percent for the second straight quarter this year, to 16 cents per share from 15 cents, the company said today. The dividend is payable on Sept. 3 to shareholders of record on Aug. 12.
Переслать - Ally considers raising $1 billion to pass U.S. stress tests, report says
Ally Financial, the auto-lender majority owned by federal taxpayers, may raise less than $1 billion in stock to help it pass the Federal Reserve's annual stress test, a person with knowledge of the plans told Bloomberg.
Переслать - Saab's U.S. liquidation plan earns court approval
The bankrupt arm of Swedish automaker Saab Automobile AB in the United States has gained court approval of a plan to liquidate and pay back creditors, effectively ending its bankruptcy.
Переслать - Ford plans to improve hybrids' mpg with software changes
Ford says it will make software tweaks to improve the real-world fuel economy of its 2013-model hybrids. The changes are being offered to 77,000 owners of the 2013 Ford Fusion Hybrid and C-Max Hybrid and the Lincoln MKZ Hybrid.
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