tag US auto industry

Top German Automakers Sued in U.S. Over Two-Decade ‘Cartel’

EghtesadOnline: German’s major automakers were accused in a U.S. lawsuit of acting as a cartel, colluding for nearly two decades to limit the pace of technological advances in their vehicles and stifle competition -- allegations that widen the scope of the latest scandal to hit the nation’s auto industry.
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Publish Date:29/July/2017 | 05:06

Wall Street fears end of boom as automakers' April U.S. sales drop

EghtesadOnline: Major automakers on Tuesday posted declines in U.S. new vehicle sales for April in a sign the long boom cycle that lifted the American auto industry to record sales last year is losing steam, sending carmaker stocks down.
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Publish Date:03/May/2017 | 04:45

GM remains most valuable U.S. car company, Tesla is No. 2

EghtesadOnline: Tesla Inc, whose market capitalization passed that of Ford Motor Co on Monday, still trailed General Motors Co as the most valuable U.S. auto firm in mid-day trade on Tuesday.
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Publish Date:05/April/2017 | 05:44