GM’s Unrealistic Profit Target
At about the same time that General Motors (NYSE: GM) ran five ads during the Super Bowl, its management said the world’s largest car company has targeted profits of $10 billion a year for the next…
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Newest first · Page 295Toyota Predicts Record Sales In 2012
Perhaps it is the fact that all of its plants are back online after the March Japan earthquake, or that US car sales in general are so robust. Toyota (NYSE: TM) forecast the its…
Car Stocks Mixed Ahead Of January Numbers
Car stocks traded mixed the day before the companies release January sales data. The number are expected to be as strong, if not stronger than those at the end of last year. US sales…
Dividend & Replacement Cycle, Discounting Ford’s Poor Earnings (F, GM)
Ford Motor Company (NYSE: F) is getting clocked today after earnings. Some of the news should have been anticipated that Thai floods affected its supply chain in Asia because the company already telegraphed that.…
Ford Posts Mediocre Earnings, And Investors Pay
Ford’s (NYSE: F) earnings were disappointing, and investors paid with a 4% drop in shares in the pre-market. Although US sales were good last year, compensation costs helped keep margins down. Asia-Pacific and Europe…
The Best-Selling Cars of All Time
The most successful car in history may be the Ford Model T. While other models may have sold more vehicles, Ford managed to sell nearly 17 million cars from 1908 to 1927 — a…
VW, No. 2 Car Company in the World, Has U.S. Problem
Volkswagen came close to having bragging rights. Its global sales made it the second largest car and light truck manufacturer worldwide. That placed it ahead of Toyota (NYSE: TM) and behind General Motors (NYSE:…
GM Trumps VW & Toyota As World’s Top 2011 Automaker (GM, TM, F)
Just two years after emerging from bankruptcy protection and taking a $50 billion bailout package from the federal government, General Motors Co. (NYSE: GM) is once again leading the world in total automobile sales.…
U.S. Becomes Odd Savior of Global Car Industry
The European Automobile Manufacturers Association reported that car and light truck sales in the region fell by 5.8% in December as demand in Spain and Italy was crushed. Total registrations in Europe came to 13.6…
Ford… Loss, Actually NO LOSS (F)
As per a retraction or a correction, CNBC’s Phil LeBeau has just retracted (or corrected) his statement that Ford Motor Co. (NYSE: F) is going to post a loss for the quarter. The report…
Nearly Every Car Company Says It Will Best Rivals in 2012
It is impossible for every company in an industry to gain market share. Yet, almost all of the large car manufacturing executives say that in 2012 they will beat their competition in sales growth…
Auto Industry and the Race for the Rich
Mercedes sold 261,846 new cars in the U.S. last year. BMW sold 248,073. That is a lot of units for a country that is nearly in a recession. And it is a sign that…
Chrysler Wins the Car Sales War
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 quickly because it did…
The Good & Bad of 8.1% December New Car Sales Growth (GM, F, HMC, TM)
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 sales rate is down…
Toyota Launches New Hybrid
As part of the race for ultra-high mileage cars, Toyota (NYSE: TM) has launched its Aqua hybrid. The car will also be called the Prius c. Toyota will sell the car for about $22,000.…