Ford’s Operating Profit Falls in Third Quarter
Third-quarter financial numbers are in and Ford’s figures have shrunk. The Dearborn, Michigan-based automaker’s pre-tax operating profit measured $1.18 billion, down 54 percent compared to last year....
View ArticleTesla Lost nearly $75 Million Last Quarter
Electric vehicle-maker Tesla bled nearly $75 million in the third-quarter of 2014, almost double what it lost during the same period last year. Looking strictly at GAAP figures, numbers reported using...
View ArticleRenault and Nissan Strengthen Corporate Ties
Nissan and French automaker Renault have been joined at the hip for close to 20 years, but the companies are moving to further strengthen their long-term relationship. The two firms are looking to...
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