Chrysler was supposed to stumble out of Chapter 11. The recovery of General Motors (NYSE: GM) was remarkable. Ford’s (NYSE: F) success was based on its ability to introduce new products ... Read Full Story »
New car sales in the US for December are forecast to rise 8.1%, including fleet sales, to an annual seasonally adjusted sales rate of 13.5 million new vehicles. The annualized ... Read Full Story »
Car company stocks are down around the world, for the most part, while sales have been mostly up this year. No one has adequately explained the divergence. The head of ... Read Full Story »
It is amazing how large multinational car companies can see into the future and predict their sales with certainty. Toyota (NYSE: TM) says it will sell 8.48 million cars and ... Read Full Story »
It took the better part of a year. The owners of Saab sought capital all over the world, and the search ended in China. But a deal with local ... Read Full Story »
Car sales in Europe fell last month for the first time in five months. It is no wonder. The economy in the region has approached the level of ruin. ... Read Full Story »
This year is expected to be the best for domestic new car sales since 2006, the year before the recession began. The increase in buyer activity has been large enough ... Read Full Story »
The month of December was the leading month for new car sales in the US in 2010. It was the second leading month in 2009, and the pattern could continue ... Read Full Story »
Ford Motor Co. (NYSE: F) has been halted for NEWS PENDING with a last trading price of $10.73. The move was already on the heels of a 3.16% drop today ... Read Full Story »
Mike Jackson, CEO of AutoNation Inc. (NYSE: AN) was on a CNBC video this morning on the heels of news that the November sales figures were up 21% from a year ... Read Full Story »
GM (NYSE: GM) has had enough problems with its Chevy Volt’s lithium-ion batteries that the National Highway Traffic Safety Administration has opened a formal investigation into fires in several ... Read Full Story »
It takes little bad news to ruin a new product’s launch, particularly if the product is revolutionary enough to be strange to the public. According to the National Highway Traffic ... Read Full Story »
The Obama administration has begun to push the car industry to double the average MPG each company’s fleet gets by 2025. That would push the number to 54.5 MPG, a ... Read Full Story »
The recession and high gas prices have been major forces shaping Americans lives in the past several years. When it comes to the auto market they had a profound ... Read Full Story »
The coming week might feel a bit like a return to normalcy as far as securities offerings are concerned. We are actually set to have several IPOs and we have ... Read Full Story »