Page 34 - Autos News Today

For 2024, engine maker Cummins expects to generate sales of about $30 billion, short of the $33.2 billion Wall Street had expected.

It comes as consumer adoption for EVs has been slower than many expected, causing some automakers to delay or cut investment plans for all-electric vehicles.

For Ford Motor’s fourth quarter, Wall Street expects an operating profit of about $900 million.

The stock has "a compelling set-up in the coming quarters," the bank said.

Aside from its earnings, Wall Street will be watching Ford's 2024 guidance. Analysts expect it to be flat to slightly lower compared to 2023.

Toyota Motor had a blowout end to 2023. Toyota stock climbed toward a record close after a strong earnings report.

Protectionism isn’t healthy for the U.S. economy, says U.K. Investment Minister Dominic Johnson.

According to FactSet, analysts covering the stock give it potential upside of 81.1% to the average price target, with 94% giving it a buy rating.

Vadodara: Traffic police swung into action on Friday and cracked down on the vehicles ferrying schoolchildren in the city.

Carvana over the last 18 months aggressively restructured its operations and debt amid bankruptcy concerns to pivot from growth to cost-cutting.