Automobile Manufacturers

General Motors (NYSE: GM) today announced it will invest $100 million to add 30 jobs and purchase tooling and equipment to make future automotive components at its GM Components Holdings Rochester Operations.

Governor Andrew M. Cuomo today announced that General Motors (NYSE: GM) will invest $100 million in Rochester to manufacture a new fuel injection product line, securing the jobs of hundreds of hourly and salaried employees and creating an additional 30 jobs.

Best 1) Excelixis (NASDAQ: EXEL): Trading up 11.67% to $12.34 after a report came out saying that the company is working Goldman Sachs (NYSE: GS) to prepare for takeover offers. The action is in response to a positive study regarding its experimental prostate-cancer drug. 2) Kit digital (NASDAQ:...

Jefferies & Co. has a Buy rating and a $17 price target on shares of Ford Motor Company (NYSE: F). In a note to clients, Jefferies writes, "Ford filed an 8-K indicating Asia Pacific production will likely be impacted by parts shortages from Japan. While likely immaterial, Ford cautioned...

Toyota Motor Corporation (NYSE: TM) told its U.S. dealers that supplies will be affected as a result of the March 11 earthquake and tsunami. Bob Carter, Toyota's vice president of U.S. sales, said that it will build vehicles at “significantly reduced levels.” Shares of Toyota have been hit hard...

Ford Motor Co. (NYSE: F) said that some of its Asian operations may be affected by shortages of parts starting in the last week of April because of the Japan earthquake and tsunami.

In February, Benzinga's very own Jason Raznick, the President and co-founder of the site, dropped by CNBC to discuss the company, social media, and SEC regulation. Now Raznick has visited Fox Business to examine the point at which inflation will curtail consumer spending. Watch the latest video...

I've Made one new trade so far today, not including my stop-out in Ford (F) at $15.14. I went long Adobe (ADBE) at $34.40. So far so good, if the market can keep from dropping lower today, the stock should continue to progress nicely, particularly if the volume levels we are seeing so far today can...

This morning all of the major auto makers are coming under some selling pressure. The leading stocks in this sector have not traded in tandem with each other recently, however, they are all declining lower today. Tata Motors Ltd.(NYSE: TTM) is a leading automaker out of India. This stock is...

GM (NYSE: GM) Cruze recall for possible improperly fastened steering wheel. This will effect up to 2100 units, says NHTSA.

Toyota (NYSE: TM) North America announced today it will reduce production over the next few weeks.

Quake damage and disruption underestimated — We have turned bearish on the auto sector, lowering our ratings across our coverage. Although sector share prices have fallen an average of 11% in the initial selloff following the March 11 earthquake, we do not think the fall in earnings and slowness of...

Deutsche Bank has issued a report following meetings with the CFO of General Motors (NYSE: GM). According to the report, “Among the most noteworthy new takeaways for us were indications that GM has begun to assess potential opportunities that may develop as a result of industry supply constraints...

Pre-open movers US stock futures are higher this morning. Oil prices surged above $111 a barrel. Futures on the Dow Jones Industrial Average rose 43 points to 12,394.00 and S&P 500 index futures surged 5.50 points to 1,334.00. Futures on the Nasdaq 100 gained 6 points at 2,335.25. A Peek Into...

Citi has reiterated a Buy Rating on General Motors (NYSE: GM) following a dinner with the CFO. According to Citi, “On Japan, management appears to have a clearer picture of the supply chain having thus far managed to address emerging issues, though the fluidity of the situation would make an “all-...