Tesla reports first-quarter earnings today after the market closes. Between now and then, investors, customers, followers and doubters will be chattering about what CEO Elon Musk has in store come late afternoon.
GM to provide loans to Korean unit, government bank to receive shares, reports say
General Motors’ planned cash infusion to rescue its South Korean business will be in the form of loans, while Korea Development Bank will receive preference shares for its $750 million investment in GM Korea, two sources familiar with the matter…
Training, product sales boost FandI per vehicle gains at publics
All six public new-vehicle dealership groups improved average FandI gross profit per unit in the first quarter, driven primarily by FandI training and an increase in product sales.