01 Apr, 2020
On Thursday, shares of Hertz Global Holdings, Inc. (NYSE: HTZ) showed a 15.75% increase with a closing price of $15.07. The stock is trading higher for a week as it climbed from its July 5 close of $11.03 to Thursday’s close of $15.07. Founded..
On Monday, The Stuttgart prosecutor’s office said that employees at German sports car maker Porsche AG and a U.S-based subsidiary were being investigated for suspected fraud and false advertising related to diesel emissions.According to an art..
O’Reilly Automotive Inc. (NASDAQ:ORLY) missed same-store sales guidance by a large margin and as the result payed the price of a 21% slide on Monday.O’Reilly reported a 1.7% increase in comparable store sales, but missed the mark set ear..
Tesla Motor Inc. (NASDAQ: TSLA) passed all regulatory requirements for the production of its first mass-market car, the Model 3, according to CEO Elon Musk on Sunday night.The company’s shares were up 3 percent in premarket trading on Monday a..
BMW AG, the German manufacturer, announced on June 26, that it will invest approximately $600 million in the United States. This money will go the company's existing Spartanburg, South Carolina plant. The company will buttress its manufacturing ..
Japan’s Takata Corporation filed for bankruptcy protection in Japan and the United States and agreed to be acquired for $1.6 billion by Key Safety Systems which is Chinese owned and U.S. based. Takata faces tens of billions of dollars in costs..
While hype surrounds the Tesla Inc. (NASDAQ: TSLA) upcoming line of affordable vehicles, the Model 3, competition for electric vehicles is becoming fierce. Among the competition, Volvo is announcing that the company will introduce a separa..
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