Tesla Stock Is Almost Up in 2023. There Are a Couple of Reasons for the Rally.

It took two days for Tesla stock to enter a new bull market. That’s surprising action given some of the recent news, which hasn’t sounded good. But there are a few reasons why the shares are on the ri...

Ford stock is now a ‘sell’ at UBS as an oversupply problem looms

Shares of Ford Motor Co. were hit hard Monday by UBS analyst Patrick Hummel’s recommendation that investors sell, as the auto industry is facing a worrisome U-turn from undersupply to oversupply. Humm...

Renault Sells Russia Business to State-Backed Entity for One Ruble

PARIS—French auto maker Renault SA has reached a deal to cede its 68% stake in Russia’s biggest car maker to a state-backed entity for one ruble and a six-year option to buy back its shares, according...

Russia war could further escalate auto prices and shortages

BMW has halted production at two German factories. Mercedes is slowing work at its assembly plants. Volkswagen, warning of production stoppages, is looking for alternative sources for parts. For more ...

European stocks skid on tightening Russian sanctions, while defense companies rally

European stocks slumped on Monday, responding to a ratcheting up on sanctions against Russia as the Russian invasion of Ukraine continued. The Stoxx Europe 600 SXXP, -1.38% fell 1.6%, as the financial...