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Posts related to ‘auto’

Avis Earnings Hit Revised Forecast, Investors Still Cautious (CAR, HTZ, DTG)

Last week Avis Budget Group Inc. (NASDAQ: CAR) raised its first quarter adjusted EPS estimate from a loss of -$0.19 to a gain of $0.13. Apparently no one believed the ...
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Car Parts Maker Crashes on Private Placement (MPAA)

Motorcar Parts of America Inc. (NASDAQ: MPAA) wrecked its share price today, following the company’s announcement of a $15 million private placement of shares at a price of $7.75. The ...
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Zoltek Makes Deal, Shares Soar (ZOLT, MGA)

Specialty fiber maker Zoltek Companies Inc. (NASDAQ: ZOLT) has signed a deal with auto parts manufacturer Magna International Inc. (NYSE: MGA) to develop low-cost carbon fiber sheeting molding compounds for ...
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The Least Dependable Cars in America

People buy cars based on personal appeal, price, performance, fuel efficiency and reliability. Reliability is among the most important factors for most consumers. A car or light truck that runs ...
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Gasoline Prices Continue Falling… More Cash for Holiday Gifts

As the price for WTI crude oil continues to hover around $100/barrel, up from about $75/barrel just two months ago, consumers are seeing pump prices fall. The latest survey from ...
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Huge Gains Expected for Automotive Sector Stocks (GM, F, HTZ, CAR, ZIP, AN, KMX, CRMT, ORLY, AZO, PBY)

New car sales in September are estimated to have risen 19% year-over-year, though down -5.5% sequentially. The seasonally adjusted annual rate of new car sales is now set at about ...
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The TARP Program To Increase American Unemployment

The average car dealership probably employs 20 or 30 people. That does not include the truckers who deliver the cars, the people who provide basic services, or the employees in ...
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As Toyota And Honda Face More Strikes, Their Market Shares Are Threatened

At the depth of the recession when there was a falling market for new cars,  strikes were almost welcome in the US and EU. Most car companies had so much ...
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Auto Loan Delinquency Plunges, Silver Lining For Car Companies

Car loan delinquencies dropped over 18% from the fourth quarter of 2009 to the first quarter of this year, according to credit agency TransUnion. The news is good for US ...
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This Month’s Biggest Index Gainers: Recreational Vehicles, Homebuilders, and Vehicle Rental Stocks

There were strong gains in three Tickerspy indexes over the most recent 30-day period. This month’s biggest gainers are in recreational vehicles, homebuilders, and vehicle rental stocks. Homebuilder stocks are up 19.3% in the past ...
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The Month’s Biggest Index Gainers: Broadcast TV, Vehicle Rental, and Radio Stocks

There were strong gains in three Tickerspy indexes over the most recent 30-day period. This month’s biggest gainers are in broadcast TV, vehicle rental, and radio stocks. Broadcast TV stocks are up 30.8% in the ...
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ford

Auto Suppliers: Fixing Car Companies While Breaking The System

The novel approach that the federal government is taking to fixing the American car industry is that it will bail out the manufacturers while letting their suppliers fail. Car parts ...
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newspaper

Media Digest 5/18/2009 Reuters, WSJ, NYTime, FT, Bloomberg

Reuters:   Small businesses are having trouble finding financing. Reuters:   VW has stopped tie-up talks with Porsche. Reuters:   The US budget chief says there are signs the economic free fall is ...
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ZAP Additional Funds Raised… From the U.A.E. (ZAAP)

There is some interesting financing news this morning, even if the financing is not one of massive proportions in private equity, venture capital, or in sovereign-type investments.An OTC-BB listed stock ...
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High Oil: A Year Of Bankruptcies For Auto And Airline Firms?

American Air (NYSE: AMR) dropped 10% yesterday to and hit $10.20. The shares have not been at that  level since 2004. American lost money three of the last five years. ...
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