New Car Sales Rise 38% at AutoNation
Auto retailer AutoNation Inc. (NYSE: AN) reported this morning that June sales rose 38% compared with June 2011, to 22,862 units. The company sells vehicles made by Ford Motor Co. ...Read Full Story »
Posts related to ‘NYSE: TM’
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GM Recalls 475,000 Cars (GM, F, TM)
General Motors Co. (NYSE: GM) today issued a recall of more than 475,000 Chevrolet Cruze sedans to correct a problem that could lead to fires in the car’s engine compartment. ...Read Full Story »
Ford Touts Sustainability Gains (F, GM, TM)
Automaker Ford Motor Co. (NYSE: F) today released its annual sustainability report, claiming a 22% reduction in energy used to build cars over the past 6 years and a plan ...Read Full Story »
A123 Jumps on Technology Announcement (AONE, ENS, XIDE, JCI, MXWL, GM, TM, NSANY, F, TSLA)
US lithium-ion battery maker A123 Systems Inc. (NASDAQ: AONE) has definitely had a rough year. Shares are down about -72%, making it the worst performer out of US battery makers ...Read Full Story »
Chinese Automakers: Too Many Cars, Not Enough Sales (TM, HMC, GM, F, NSANY, VLKAY)
China’s auto dealers are taking more deliveries of new cars than they can sell. Deliveries totaled 1.28 million vehicles in May, higher than the consensus estimate of 1.22 million and ...Read Full Story »
24/7 Wall St. Closing Bell — June 4, 2012 (FB, YUM, TM, AMZN, BA, CVGW, CONN, NX, JASO, MFRM, UNFI, LAYN, CRED, FOR, ENPH, DAL)
The three major US stock indexes opened very slightly higher this morning, but soon turned south on a disappointing report on US factory orders (our coverage here). In Europe, Germany ...Read Full Story »
Verizon Picks Up Telematics Firm, But No Bargain (VZ, HUTC, GM, TM, QCOM, TRMB)
Verizon Communications Inc. (NYSE: VZ) has announced a definitive merger agreement with Hughes Telematics Inc. (OTC: HUTC). The all-cash offer totals $612 million, or $12/share. Hughes closed at $4.35 last ...Read Full Story »
Mazda And Fiat Build A Sports Car
Fiat and Mazda will build a small convertible together. Fiat is the controlling shareholder of Chrysler. The deal is an example of how large car companies which face slow ...Read Full Story »
Tesla Glides by Poor Results (TSLA, F, GM, TM, HMC)
Over the past 12 months, the best performing car maker stock is -- drum roll -- Tesla Motors Inc. (NASDAQ: TSLA). Shares in the maker of electric vehicles (EVs) are ...Read Full Story »
24/7 Wall St. Closing Bell (AIG, COP, HSY, PSX, DMD, AOL, AGU, DTG, M, MPEL, TM, SODA, AMCX, MT, ESRX, MCP, JWN, NUAN, HNR, KSS, PEIX, CPWM, AMRS, ACI)
The major US stock indexes opened sharply lower again this morning as investors consider Greece’s commitment to the austerity measures it had previously agreed to. Renegotiating the deal seems out ...Read Full Story »
24/7 Wall St. Closing Bell (F, WYNN, COF, BP, SYNC, CHTR, HL, OMX, THC, WEN, RST, PDC, AOL, CTL, AGU, DTG, M, MPEL, NWS, CSCO, TSLA, TM, PCLN, FOSL, DNDN, AVL)
The major US stock indexes opened sharply lower this morning as weak performance in the European markets as traders try to figure out what last weekend’s elections mean. Crude oil ...Read Full Story »
North American Sales Hike Ford Revenues, Profits (F, GM, TM, HMC)
Higher revenues and profits in its North American region boosted first-quarter results at Ford Motor Co. (NYSE: F). The company posted EPS of $0.18, well above the consensus estimate of ...Read Full Story »
April New Car Sales on Track for Best Month Since 2008 (F, GM, TM, HMC, NSANY)
Auto industry research firm truecar.com released its sales and incentives forecast for April today, and the company expects the sales forecast to translate to a seasonally adjusted annual rate of ...Read Full Story »
AutoNation Posts Best-Ever Earnings (AN, CRMT, KMX, F, GM, TM, HMC, NSANY)
The largest car dealership in the US, AutoNation Inc. (NYSE: AN) reported earnings this morning for the first quarter. The company posted EPS of $0.56, an all-time high, on revenue ...Read Full Story »
Men Love Ferrari, Women Love MINI (GM, F, TM, HMC, NSANY, KIMTF, MZDAF, SZKMF)
Car sales by gender in 2011 pretty much reflect what you’d expect. Men prefer fast cars and big SUVs and pickup trucks. Women favor smaller, more fuel efficient vehicles. Men ...Read Full Story »
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