Is the new kid on the block, Tesla Motors, poised to join the Big Three automakers as a major player in the car manufacturer industry in North America? Morgan Stanley thinks so. In fact, a new report by Morgan Stanley describes the Silicon Valley start-up as potentially “America’s fourth automaker.” The result: Tesla’s...
The Big Three domestic automakers fared well last month. Led by Chrysler with an increase in sales of 31-percent over last year, the Big 3 all ended the month on the positive side of the ledger. Chrysler’s whopping increase in sales was the best month in three years. Ford beat out General Motors in unit sales for the first time since 1998...
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