Tesla's Q3 Delivery Beat Is Just the Start: Gene Munster Says TSLA Will ‘Crush Traditional Automakers’
Gene Munster, managing partner at Deepwater Asset Management, believes Tesla's recent Q3 delivery beat is just the beginning of its dominance over traditional automakers. Despite a year-over-year dip in September deliveries, which Munster attributes to the expiration of the EV tax credit, he expects Tesla to achieve 15% delivery growth next year due to rising gas prices, its value proposition, and its FSD software. Munster argues that companies like Ford and General Motors face a difficult choice between pricing their EVs cheaply and incurring losses, or pricing them higher and limiting demand, further solidifying Tesla's competitive advantage.
Will Ford reflects on family legacy as Ford Motor Company honors veterans at Daytona
Will Ford, general manager of Ford Racing and great-great-grandson of Henry Ford, discusses the inaugural "Proud to Honor Veterans Day Classic" race at Daytona. This event aims to honor veterans, reflecting Ford Motor Company's long-standing commitment to the military community and motorsports. Six teams, each representing a branch of the U.S. Armed Forces, will compete in Mustang Dark Horse R race cars, with a concert by Zac Brown Band also planned.
Cummins Inc. $CMI Stock Sold by Ferguson Wellman Capital Management Inc.
Ferguson Wellman Capital Management Inc. reduced its stake in Cummins Inc. by 31.7% in the third quarter of 2026, selling 31,534 shares and retaining 67,977 shares valued at approximately $32.7 million. Despite missing analyst EPS estimates ($6.73 reported vs. $7.21 consensus), Cummins saw a 9.4% year-over-year revenue increase to $9.46 billion and raised its quarterly dividend to $2.20. Analysts maintain a "Moderate Buy" rating with an average price target of $724.29, significantly higher than the stock's current trading price of $530.55.
What Pulled General Motors (NYSE:GM) Sales Lower in the Third Quarter?
General Motors (NYSE:GM) reported a softer third quarter in its domestic market, primarily due to a sharp cooling in electric vehicle demand after federal incentives lapsed. While electric sales declined significantly compared to the prior year, sales of trucks and small SUVs remained firm, providing a stable foundation for the carmaker. The company is focusing on managing electric economics through manufacturing efficiencies and cost discipline as it heads into its quarterly earnings release.
DTE Energy completes construction at 100MW Cold Creek Solar Park in Michigan
DTE Energy has completed the 100MW Cold Creek Solar Park in southern Michigan, enhancing regional clean energy capacity. This project is part of a 650MW photovoltaic portfolio with an offtake agreement with Ford Motor Company, supporting Ford's decarbonization goals and the broader initiative to power Michigan-made vehicles with 100% carbon-free electricity. The Cold Creek facility adds to DTE's growing utility-scale solar developments, including the 195MW Mission Road and 146MW Fish Creek plants, to meet industrial decarbonization commitments.
Ford recalls more than 41K Expedition, Super Duty vehicles over headlight defect
Ford is recalling 41,748 Expedition SUVs (2025-2027) and Super Duty trucks (2026 F-250, F-350, F-450, F-550) due to a headlight defect. Contaminated LED chips can cause exterior lamps to dim or fail, increasing the risk of a crash. Owners will be notified and instructed to bring their vehicles to a Ford or Lincoln dealer for a free headlamp inspection and replacement if necessary.
UzAuto Motors
UzAuto Motors is localizing Chevrolet production in Uzbekistan, having grown revenue to $5.1 billion in 2025 by producing 393,000 cars. The company focuses on expanding its local supply chain from 300+ suppliers, investing in employee training, and preparing for electric and hybrid vehicle production. CEO Janos Kovacs highlights strong partnerships with GM and Daewoo as key to their success and future strategy, aiming for sustainable growth and increased market competitiveness.
DTE Energy completes 100-MW solar park in Michigan tied to Ford’s clean-energy goals
DTE Energy has completed the 100-megawatt Cold Creek Solar Park in Michigan, a project integral to an agreement with Ford Motor Co. to boost the automaker's renewable energy use. This solar park is part of DTE's CleanVision MIGreenPower program, through which Ford aims to power all its Michigan-manufactured vehicles with 100 percent carbon-free electricity by the end of 2027. The initiative supports Michigan's clean energy goals, creates local jobs, and enhances grid reliability.
DTE Energy Completes 100MW Cold Creek Solar Park in Michigan
DTE Energy has finished construction on its 100MW Cold Creek Solar Park in Michigan, part of a larger 650MW solar portfolio connected to an offtake agreement with Ford Motors. This project contributes to DTE's CleanVision MIGreenPower initiative and follows the completion of two other solar plants earlier in the year. Michigan is experiencing significant growth in solar capacity, with projections to install over 9.1GW of additional solar PV within the next five years.
Who Else Uses 3.5 Liter EcoBoost Engines Besides Ford?
Ford's 3.5-liter EcoBoost engine, a powerful twin-turbo V6, is widely used in its own vehicles like the F-150 and Expedition, and also powers Lincoln's Navigator. Beyond Ford Motor Company, British supercar manufacturers Noble and Radical Motorsport have incorporated modified versions of this engine in their M500 and RXC models, respectively. The engine is also slated for use in the upcoming Portuguese supercar, Adamastor Furia, demonstrating its versatility and high-performance capabilities across different automotive applications.
Cost pressures and deadlock force Honda to rework India strategy, sources say
Honda Motor is reportedly restructuring its India strategy, aiming to cut costs by up to a fifth and halve development times through a partnership with Tata Technologies. This move comes as the automaker faces significant electric vehicle-related losses and shifts its focus towards gasoline-electric hybrids, moving away from a solo approach in the Indian market. Honda is also seeking to reduce overall costs by over $9 billion in the coming years and has urged suppliers to lower prices.
Tesla Stock Rises Overnight After Musk Says ‘Something May Come Of’ TSMC Talks On Terafab
Tesla stock rose 1% overnight after Elon Musk confirmed discussions with TSMC regarding potential cooperation on his Terafab chipmaking project, aimed at producing one terawatt of computing capacity annually for Tesla and SpaceX's AI needs. This news follows Tesla's strong third-quarter delivery beat, with analysts like Gene Munster predicting significant growth for Tesla due to its value and Full Self-Driving advantages, while Morningstar maintained a "slightly undervalued" rating with a $450 fair value estimate. However, some analysts expressed concern about the slow rollout of Tesla's unsupervised autonomy compared to competitors.
Honda Showcases Career Opportunities for Students Through National Manufacturing Day Activities
Honda is hosting events at 10 U.S. facilities for National Manufacturing Day, inviting over 1,500 students to explore career opportunities in manufacturing. These events feature hands-on activities, virtual reality simulations, and interactions with Honda associates to showcase modern manufacturing processes and technologies. The initiative aims to inspire the next generation of workers and highlight Honda's commitment to developing a strong manufacturing workforce.
NIO (NIO) Is Down 5.9% After Q3 Delivery Growth Slows Has The Bull Case Changed?
NIO reported 37,408 vehicle deliveries in September 2026 and 109,178 in Q3, bringing year-to-date deliveries to 300,301. While overall deliveries grew, the slowdown to 25.4% growth in Q3 raises questions about NIO's path to profitability amid intense competition in the Chinese EV market. Investors are reassessing the company's previously optimistic investment narrative and its ability to achieve its forecasted revenue and earnings targets.
A broken promise led to Elliott Hall's Ford success story and more
Elliott Hall, the first Black vice president at Ford Motor Company, has released a memoir titled "From Begole Street To Ford’s C-Suite: An American Success Story." The book details his journey from Detroit's west side, overcoming racial discrimination and academic struggles to earn a law degree and achieve a prominent career in law, civil rights, and the automotive industry. Hall will discuss his memoir at a book-signing event on October 11.
XCel Brands Faces Nasdaq Compliance and Delisting Risk
XCel Brands (XELB) has received a notice from Nasdaq regarding non-compliance with the minimum bid price rule of $1.00, initiating a 180-day period to regain compliance or face delisting. Analysts currently rate XELB as a Buy with a $5.00 price target, but TipRanks' AI Analyst, Spark, assigns a Neutral score due to weak financial performance and bearish technical trends. The company's future hinges on its ability to improve its share price and address underlying financial risks.
General Motors Company (GM) Stock forecasts
This article provides an analyst report from Morningstar on General Motors Company (GM). The report, authored by David Whiston, highlights GM's resilient third-quarter sales despite consumer challenges from interest rates and oil prices. It details GM's structure post-bankruptcy and provides an overview of the company's brands and segments.
Ford Motor Company $F Holdings Boosted by CX Institutional
CX Institutional significantly increased its stake in Ford Motor Company ($F) by 679.2% in the third quarter, bringing its total holdings to over 716,000 shares valued at $8.6 million. Institutional investors collectively own 58.74% of Ford's stock, and while analyst sentiment is mixed, it has shown improvement with some upgrades and raised price targets. Ford recently exceeded earnings expectations, reporting $0.42 adjusted EPS and $48.3 billion in revenue, and maintains a quarterly dividend of $0.15 per share, yielding 5.0% annually.
Ford, GM and Stellantis stock prices slide for the week ending Oct. 2
Ford Motor Co., General Motors, and Jeep-parent Stellantis all experienced a decline in their stock prices for the week concluding on Friday, October 2. The article provides a brief update on the stock performance of these major automotive companies.
DTE Energy completes 100 MW Cold Creek solar park in Michigan
DTE Energy has finished constructing the 100 MW Cold Creek Solar Park in Michigan, funded by Ford Motor Company. This park contributes to Ford's commitment to purchase up to 650 MW of renewable energy through DTE's MIGreenPower program, aiming for 100% carbon-free electricity for Michigan-manufactured vehicles by 2027. The project also supports Michigan's goal of achieving 60% renewable energy by 2035.
Stellantis N.V. (NYSE:STLA) Receives Consensus Recommendation of "Reduce" from Brokerages
Stellantis N.V. (NYSE:STLA) has received a consensus "Reduce" rating from 19 analysts, with seven recommending a sell, ten a hold, and two a strong buy. The average 12-month price target is $7.45, significantly higher than its opening price of $4.39, which is near its 12-month low. Several institutional investors have adjusted their positions, and recent analyst downgrades reflect growing concerns, despite some positive news regarding Ram sales and AI-powered driving technology.
Sintx Technologies Reports Surging Preliminary Third-Quarter Revenue
Sintx Technologies announced preliminary third-quarter 2026 revenue of $2.2 million, significantly exceeding prior guidance and representing substantial growth from previous quarters, driven primarily by industrial ceramics sales. The company's stronger revenue mix, including $2.1 million in product sales, surpasses the threshold to call outstanding common stock purchase warrants, potentially providing additional capital. Despite strong commercial progress, TipRanks' AI Analyst rated SINT as Neutral due to persistent losses and cash burn.
Ford, GM, Stellantis lag foreign rivals as hybrids make gains in Q3
Detroit's major automakers, Ford, GM, and Stellantis, saw sales decline in Q3 2026, lagging behind foreign rivals like Toyota, Honda, and Hyundai. This shift is attributed to the increasing consumer preference for hybrid vehicles amid high gas prices and interest rates, a segment where foreign brands have stronger offerings. Despite strong sales in large trucks and SUVs, the Detroit Three's higher average transaction prices and limited hybrid lineups put them at a disadvantage.
Jabil Inc. Earnings Call: AI Boom Fuels 2027 Outlook
Jabil Inc. reported a strong Q4 and fiscal 2026, driven by accelerating AI demand and robust growth across its Intelligent Infrastructure segment. The company forecasts significant AI-related revenue growth for fiscal 2027 and is expanding capacity globally to meet committed demand. Despite some segment challenges and near-term margin pressures, Jabil remains confident in its long-term trajectory, emphasizing structural profitability gains and shareholder returns.
DTE Energy stock after-hours at EUR 110.60: plus 0.93 percent versus prior close
DTE Energy stock saw an after-hours increase of 0.93 percent, reaching EUR 110.60, compared to its prior close. This comes as the company announced the completion of a 100-megawatt Cold Creek Solar Park, funded by Ford Motor Company's participation in DTE's MIGreenPower program. DTE Energy also organized community events to assist customers with energy-related issues.
Stellantis STLA Slides As Downgrades, Battery Shortages Hit Outlook
Stellantis (STLA) stock has fallen by 6.4% due to concerns over weak EV demand, pricing pressure, and production halts caused by battery shortages at its French plants. The company has also faced downgrades from Morgan Stanley and Berenberg, who cited a weak product pipeline, soft cash generation, and refinancing risks. An insider's plan to sell shares further adds to the negative outlook.
Stellantis Stock Slides As Downgrades And EV Delays Rattle Traders
Stellantis N.V. (STLA) stock has fallen by 6.4% due to concerns over its EV strategy, weakening demand, and a series of downgrades from analysts. Production halts at French plants due to battery shortages, a labor dispute in Canada, and an insider's planned share sale have further exacerbated negative sentiment, despite the company's low valuation metrics. The article emphasizes that traders are treating STLA as a "battleground" stock where negative news outweighs its perceived cheap fundamentals.
How Much Is the 2027 Honda Civic Type R?
The 2027 Honda Civic Type R receives a refresh with updated styling, an improved interior, and a more refined ride, starting at $49,990. While the 315-horsepower engine and six-speed manual transmission remain unchanged, new features include standard heated seats and an upgraded infotainment system. The article also provides a comparison of the Type R against its main competitors.
Ford backs a big new solar farm for its Michigan factories
Ford is supporting a new 100-megawatt solar farm in Michigan, built by DTE Energy, to help power its factories with clean electricity. The $194 million Cold Creek Solar Park is the first of several projects aimed at achieving Ford's goal of using 100% carbon-free electricity for its Michigan manufacturing by the end of 2027. This initiative is part of Ford's broader commitment to reach carbon neutrality across its global manufacturing and supply chain by 2050.
Ford Sales Slide 6.6% After Model Phase-Outs
Ford Motor Company reported a 6.6% year-over-year decline in third-quarter U.S. vehicle sales, primarily due to planned phase-outs of the Escape and Lincoln Corsair models. Despite the overall sales dip, Ford estimated an increase in its retail market share to 12.1% when excluding the phased-out models. The company saw strong performance in its F-Series trucks, Maverick Hybrid, and Bronco sales, and maintained its adjusted EBIT guidance for 2026 despite a short-term supplier issue affecting F-150 production.
Top US automakers post declines in Q3 — except one
Ford and GM experienced sales declines in Q3, with Ford attributing its drop to a supplier issue affecting F-150 production and GM discontinuing its all-electric Chevy Bolt. Despite this, Ford's F-Series remains on track to be America's best-selling truck for the 50th consecutive year, indicating a mixed performance for major US automakers in the quarter. The article hints that one automaker did not experience declines, though it focuses on Ford and GM's struggles.
Tesla’s Q3 EV sales top estimates as car business stabilizes
Tesla's third-quarter EV sales surpassed analyst estimates despite a year-over-year decline attributed to the discontinuation of U.S. federal tax credits. This indicates a stabilization of the company's automotive business. The article highlights that despite a sales drop compared to the previous year, Tesla's performance was better than expected by the market.
Tesla shares jump after global car sales top estimates
Tesla's stock rose after the company announced its global car sales for the third quarter, totaling 486,532 vehicles. Although sales were two percent lower than the previous year, they surpassed most analyst estimates, leading to a 5.0 percent jump in Tesla shares. This performance contrasts with other automakers like Ford and Stellantis, which experienced declines or stagnation in their third-quarter sales.
Ticker: Stellantis US sales flatten; GM loses ground to Toyota
Stellantis NV saw a slight dip in U.S. sales during the third quarter of 2026, marking a 0.17% decline year-over-year. Meanwhile, Toyota Motor Corp. and Hyundai Motor Co. are gaining market share, driven by demand for hybrids and affordable vehicles, narrowing the gap with General Motors Co., whose sales declined by 5.5% in the same period.
DTE completes construction on Cold Creek Solar
DTE Energy has completed construction on the 100 MW Cold Creek Solar Park in Michigan, with financial support from Ford Motor Co. as part of DTE's CleanVision MIGreenPower program. This project is crucial for Ford's decarbonization goals, aiming for 100% carbon-free electricity for all Michigan-manufactured vehicles by the end of 2027. The MIGreenPower program, one of the largest voluntary renewable energy initiatives in the U.S., supports the development of renewable energy infrastructure across Michigan, contributing to job creation and local tax revenue.
U.S. Ford Motor Company Sales Up Two Percent In September 2026
Ford Motor Company announced a two percent increase in U.S. sales for September 2026, totaling 169,132 units, with sales rising for the Ford brand but decreasing for Lincoln. Key performers included the Ford F-Series, Bronco, and Explorer, contributing to Ford's strong presence in the truck and large three-row SUV segments. Despite some model-specific decreases, the company remains on track with its full-year adjusted EBIT guidance.
Stellantis Shares Slide As Q3 Sales Remain Flat Year Over Year
Stellantis N.V. (NYSE: STLA) shares are trading lower by about 5% after the company reported third-quarter 2026 sales that remained roughly flat year over year, despite a 3% increase in year-to-date sales. While some individual models like the Ram 1500 and Dodge Durango saw significant retail sales growth, analysts maintain a "Hold" rating with an average price forecast of $6.00, citing bearish momentum. The next major catalyst is the estimated earnings report on February 25, 2027.
Ford sales drop 6.6% in Q3, roughly even when accounting for phaseouts
Ford Motor Co. reported a 6.6% decline in Q3 sales, totaling 509,764 units, though the company stated sales were "essentially unchanged" when accounting for the phaseout of the Ford Escape and Lincoln Corsair. Despite the overall drop, Ford highlighted strong performance in its F-Series, Bronco, and Maverick Hybrid models. Electric vehicle sales, however, saw a significant 80.2% decrease due to the discontinuation of the F-150 Lightning and declines in Mach-E and E-Transit sales.
Ford vs Hyundai Motor Group Q3 2026 U.S. auto sales
Ford maintained its position as the No. 3 U.S. auto seller in Q3 2026, narrowly beating Hyundai Motor Group by fewer than 1,200 light-duty vehicles. Despite a 6.6% drop in Ford's light-duty sales due to a planned portfolio transition, the company saw strong performance in F-Series trucks and Bronco SUVs. Hyundai Motor Group, comprising Hyundai, Kia, and Genesis brands, reported a 5.4% gain, with both companies surpassing analyst expectations.
DTE Energy Completes 100-MW Cold Creek Solar Park for Ford - News and Statistics
DTE Energy has completed the 100-MW Cold Creek Solar Park in Michigan, a key component of Ford Motor Company's decarbonization efforts. Ford is purchasing 650 MW of renewable energy through DTE's MIGreenPower program, aiming for all Michigan-built vehicles to use carbon-free electricity by the end of 2027. This project helps Ford meet sustainability goals while expanding Michigan's clean energy infrastructure and supporting local communities.
Ticketplus Taps Ex-CorpBanca CEO Fernando Massú to Steer LATAM Expansion After Autoentrada Deal
Ticketplus has appointed Fernando Massú Taré, former CEO of CorpBanca and current Chairman of Banco BTG Pactual Chile, as Lead Strategic Advisor for LATAM Regional Strategy and Governance. This move follows Ticketplus's acquisition of Autoentrada S.A. in Argentina and signals an acceleration of its regional expansion plan, focusing on market entry, acquisitions, and enhancing payment capabilities. Analysts currently rate TP stock as a Buy with a $14.00 price target, though TipRanks' AI analyst, Spark, views it as Neutral due to financial quality risks despite strong revenue growth.
100-MW Michigan solar project supports Ford automotive
DTE Energy has completed the 100-MW Cold Creek Solar Park in Michigan, which will help Ford Motor Company achieve its decarbonization goals. Through DTE’s MIGreenPower program, Ford aims to have all vehicles manufactured in Michigan assembled with carbon-free electricity by the end of 2027. This project is part of a larger agreement where Ford will purchase up to 650 MW of renewable energy, contributing to local job creation and tax revenue.
General Motors stock sees Q3 sales decline on lower EV demand
General Motors reported a 5.5% decline in U.S. vehicle sales for Q3, primarily due to lower electric vehicle and Cadillac sales. Despite this, StoneX reiterated a Buy rating and a $105 price target on GM stock, noting the drop was partly offset by stronger sales of light-duty pickups and small SUVs. Wall Street analysts generally remain optimistic, with price targets suggesting a potential 31% upside.
General Motors stock sees Q3 sales decline on lower EV demand
General Motors reported a 5.5% decline in U.S. vehicle sales for the third quarter compared to the previous year, attributed to lower demand for electric vehicles and Cadillac models. Despite this, StoneX maintained a "Buy" rating and a $105 price target, and Wall Street analysts generally remain optimistic about the company's prospects. Recent developments include a significant contract modification with the U.S. Department of War, a raised price target from UBS due to digital growth, and potential impacts from rising bond yields and increased tariffs on Canadian automotive imports.
Ford Motor Company (F) is Attracting Investor Attention: Here is What You Should Know
Ford Motor Company (F) is gaining investor attention, with its stock returning -14.9% over the past month. Analysts expect current quarter earnings of $0.41 per share, a -8.9% change year-over-year, and full-year earnings of $1.86, a +70.6% change. The company holds a Zacks Rank #3 (Hold) and a Zacks Value Style Score of A, indicating it may be trading at a discount.
Ford Motor's Third-Quarter US Vehicle Sales Fall Amid Model Phase-Outs
Ford Motor reported a year-over-year decline in its third-quarter US vehicle sales, attributing the drop to the phase-out of certain models. The full article content is behind a premium paywall, requiring a Silver or Gold subscription plan to access.
DTE wraps up work on 100-MW Michigan solar farm for Ford
DTE has completed work on a 100-MW solar farm in Michigan, which will supply renewable energy to Ford. The project marks a significant step in providing sustainable power for Ford's operations. This initiative contributes to the growing renewable energy landscape in the USA.
Ford Motor sales dip 6.6% in Q3 (F:NYSE)
Ford Motor Company (F) reported a 6.6% year-over-year decrease in vehicle sales for the third quarter, totaling 509,764 units. This decline was primarily due to the discontinuation of the Escape and Lincoln Corsair models. Excluding the impact of these phased-out models, Ford's sales remained relatively flat.
Ford fends off Hyundai to retain No. 3 U.S. sales position in third quarter
Ford Motor maintained its No. 3 U.S. sales position in the third quarter, narrowly fending off Hyundai Motor, which had been projected to surpass Ford. Despite a 6.6% year-over-year sales decline for Ford, the company sold 507,395 light-duty vehicles, compared to Hyundai's 506,200 vehicles. Ford attributes its sales struggles to production issues with its F-Series trucks and the discontinuation of certain models, while electric vehicle sales also saw a significant drop.
Toyota, Honda forced to halt production in Thailand due to floods
Heavy monsoon rains in Thailand have caused severe flooding in Bangkok and surrounding areas, disrupting component supply chains and forcing major automakers Toyota and Honda to halt production. Both companies are working to restore deliveries and plan to introduce additional shifts later in the month to compensate for lost production.
