Auto Stock Roundup: Tata Motors Suffers Loss, Toyota to Invest B in A.I.

The third-quarter earnings season is drawing to an end and Tata Motors Ltd. (TTM – Snapshot Report) was the only major auto company to report earnings over the last week. Meanwhile, Toyota Motor Corp. (TM – Analyst Report) announced a $1 billion investment to start a new company focused on research related to artificial intelligence. Also, Ford Motor Co. (F – Analyst Report) announced strong China sales data for October. Among the negative developments, a federal judge ruled that the post-bankruptcy General Motors Co. (GM – Analyst Report) can be charged for faulty ignition switches that had affected vehicles in its pre-bankruptcy era. Meanwhile, Honda Motor Co., Ltd. (HMC – Analyst Report) announced a new safety recall. (Read last to last week’s recap here: Auto Stock Roundup for Nov 5,…


Link to Full Article: Auto Stock Roundup: Tata Motors Suffers Loss, Toyota to Invest B in A.I.