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Pricey Pickups Power GM Earnings in Q4

Financial Performance

Pricey Pickups Power GM Earnings in Q4

Strong sales of high-margin pickups and small SUVs fueled an earnings beat for GM despite weak demand in China.

By Matthew Heller | February 6, 2019

Tesla CFO Ahuja’s Retirement Stuns Wall St

Tesla CFO Ahuja’s Retirement Stuns Wall St

Deepak Ahuja's departure overshadowed Tesla's Q4 results, with one analyst calling it a “significant loss of institutional knowledge.”

By Matthew Heller | January 31, 2019

Ford Profit Hit by Losses in Overseas Markets

Ford Profit Hit by Losses in Overseas Markets

“It was not a year we were happy with and the fourth quarter continued that theme," CFO Bob Shanks said.

By Matthew Heller | January 24, 2019

GM Price Hikes Drive Earnings Beat for Q3

Financial Performance

GM Price Hikes Drive Earnings Beat for Q3

The automaker raised vehicle prices in the U.S. to a record average of more than $36,000, offsetting declining sales volumes across every brand.

By Matthew Heller | October 31, 2018

Tesla CAO Morton Quits After a Month on Job

Tesla CAO Morton Quits After a Month on Job

Dave Morton's resignation "comes at a particularly precarious financial time" for the automaker.

By Matthew Heller | September 7, 2018

Tesla Shares Jump 16% Despite Record Loss

Financial Performance

Tesla Shares Jump 16% Despite Record Loss

The automaker predicts it can produce 7,000 vehicles per week, which would enable it "to become sustainably profitable for the first time in our history."

By Matthew Heller | August 3, 2018

Ex-Tesla Worker Alleges Production Irregularities

Risk & Compliance

Ex-Tesla Worker Alleges Production Irregularities

Former technician Martin Tripp told the SEC that Tesla has put defective batteries in cars to meet production quotas.

By Matthew Heller | July 16, 2018

GM Names Dhivya Suryadevara as New CFO

GM Names Dhivya Suryadevara as New CFO

Suryadevara's appointment to replace Chuck Stevens puts GM in an elite group of companies that have a woman in both the CEO and CFO roles.

By Matthew Heller | June 13, 2018

GM Profit Takes Big Hit From Factory Downtime

Financial Performance

GM Profit Takes Big Hit From Factory Downtime

The automaker has been retooling factories to prepare for the launch of new full-size pickups.

By Matthew Heller | April 27, 2018

VW Charges up Spending on Electric Vehicles

VW Charges up Spending on Electric Vehicles

The world’s largest automaker announces a $40 billion spending plan that will accelerate its shift away from combustion-engine vehicles.

By Matthew Heller | November 20, 2017

GM Profit Drops 42% But EPS Beats Estimates

Global Business

GM Profit Drops 42% But EPS Beats Estimates

“Strong results in North America and China, solid improvement in South America and continued growth of GM Financial drove another strong quarter."

By Matthew Heller | July 27, 2017

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