Lyft irks Wall Street with margin sacrifice in race with Uber
"Given how dynamic pricing is, Lyft's report highlights how little it controls the destiny of its own profit and loss statement in the event Uber wanted to cause more damage,"...
"Given how dynamic pricing is, Lyft's report highlights how little it controls the destiny of its own profit and loss statement in the event Uber wanted to cause more damage,"...
Lucid Motors is expected to face difficult questions about its future when the EV startup posts first-quarter earnings after the market close Monday. The industry newcomer delivered just 1,406 vehicles...
Wheel supplier Superior Industries International on Thursday reported a first-quarter net loss of $4 million. That's compared with net income of $10 million during the same quarter in 2022. The...
Carvana Co. said Thursday it sold fewer used vehicles in the first quarter as a result of a continued pullback on growth initiatives and reduced inventory size, but reported boosted...
Lordstown Motors had cash and cash equivalents of $108.1 million as of March 31, down from $203.6 million a year earlier. Shares were little changed, having hit a record low...
As automakers scramble to create showrooms of new electric and software-driven vehicles, suppliers find themselves racing to develop the parts and systems to make them possible. Those shorter development cycles...
As automakers scramble to create showrooms of new electric and software-driven vehicles, suppliers find themselves racing to develop the parts and systems to make them possible. Those shorter development cycles...
While the company increased its sales and earnings projections for the full year, its first-quarter profit results came in just shy of Wall Street expectations, due to inflated costs, high...
The UAW said workers at a Yanfeng auto parts plant in Riverside, Mo., a key General Motors supplier, voted to join the union. Of the roughly 430 workers who were...
An image of the upcoming Toyota pickup, believed to be the Tacoma, leaked in January from Brazil. Through April, Tacoma sales in the U.S. are up 5.7 percent this year...
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