Robert Ferris’s Posts

An unprecedented, strong and sustained surge in sales of sport utility vehicles and trucks has automakers scrambling for new ideas.

Not long ago, Bed Bath and Beyond was a go-to spot for home goods, but its troubles over the last few years have left investors wondering whether the retailer still has a future and what that will look like.

Vegan burgers suddenly seem to be everywhere.

Several fast food chains are expressing various degrees of interest in plant-based burgers, chicken sandwiches and sausage from new purveyors such as Impossible Foods and Beyond Meat.

Best Buy’s new CEO, Corie Barry, officially took the helm of the electronics retailer on Tuesday.

The company has pulled off an impressive turnaround under Barry’s predecessor, Hubert Joly.

Best Buy has dodged death, but for how long?

In April, the company handed over the CEO job to CFO Corie Barry. Her predecessor, Hubert Joly, had engineered a turnaround that surprised Wall Street and inspired other struggling retailers.

Tesla and Panasonic have paused expansion the Gigafactory 1, as investors increasingly worry about possibly weakening demand for Tesla cars, reported the Nikkei Asian Review on Thursday.

Morgan Stanley cut Tesla price target Monday, saying it expects the automaker to deliver fewer vehicles in 2019, especially its high-end Model S sedan and Model X sport utility vehicle.

Tesla shares fell as much as 10.7% Thursday as investors reacted to disappointing delivery numbers, which will hurt profits in the first quarter.

Trucks, SUVs and crossovers made up 80 percent of GM’s sales mix, the company says.

Tesla unveiled its long-awaited Model Y at the company’s design studio in Los Angeles on Thursday night.

Rebecca Cook | Reuters – Fiat Chrysler Automobiles assembly workers build 2019 Ram pickup trucks at the FCA Sterling Heights Assembly Plant in Sterling Heights, Michigan, October 22, 2018. Fiat Chrysler said a recall of more than 800,000 vehicles reported earlier Wednesday by Reuters was the result of routine testing under new emissions guidelines adopted by …

The store closures are part of a push to slash costs as much as possible to ensure the lowest-priced version of the car makes money.

The broken shoe that sent Duke University star Zion Williamson limping home in the first minute of a game Wednesday will likely only have a limited impact on the stock, say investors.

Ford is aware of five accidents involving a defect that can cause up to 1.48 million F-150 trucks to suddenly downshift to first gear, potentially causing whiplash.