IPO Watch: Someone Got Zipcar Very Wrong (ZIP)
Zipcar Inc. (NASDAQ: ZIP) is a hot IPO. That is good, right? It would be in most cases except for the amount of money this leaves on the table. Investors who were allocated IPO shares are…
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Newest first · Page 299Toyota Restarts It Engine
Toyota (NYSE TM) will restart most of its Japanese plants on April 18. They may not operate at full capacity and may close for an upcoming national holiday. The news is a testament to…
Toyota Credit Rating–Another Quake Victim
Moody’s may rob Toyota Motor (NYSE: TM) of its Aa2 rating which would in theory make it more expensive for the world’s largest auto manufacturer to raise money. In its comments about Toyota, Moody’s…
The Cheapest $26 Million Ford Ever Spent, As Its Stock Beats Apple’s
Ford Motor (NYSE: F) CEO Alan Mulally made $26,520,515 in 2010, according to the company’s proxy. It is the cheapest $26 million the firm ever spent. Ford was at death’s door a year after he…
Toyota To Raise Prices, Test Consumer Resilance
Toyota Motor (NYSE: TM) will raise prices on some of its cars and light trucks by 2.2% in May. It is a risk worth taking if sales of all vehicles in the US will…
GM Makes Cuts: What Is “Nonessential” Spending?
GM (NYSE: GM) management informed the company’s workers this weekend that it would cut all “nonessential” costs because of parts shortages which are a result of the Japanese earthquake. GM has many customers in…
Will Americans Stop Buying Cars? Japan Impact
Americans may cut back car purchase as shipments of automobiles from Japan fall due to the earthquake and tsunami there. The effect on US car companies would seem to be positive, but it probably…
Buffett’s Chinese Automaker Stumbles (BYDDF, BRK-A, BRK-B, GM, F)
Chinese car maker BYD Co. (OTC: BYDDF) posted strong sales in 2008 and 2009 and predicted that sales in 2010 would nearly double, to about 800,000 units. In August, the company, in which a subsidiary…
IPO Watch: GM CFO Exit and Busted IPO, Bad For Chrysler (GM, F)
General Motors Company (NYSE: GM) did not do its new shareholders much of a favor today by allowing Chris Liddell to resign this soon after the initial public offering. The former Microsoft Corporation (NASDAQ:…
Toyota’s Five-year Plan (TM, F, GM, HMC)
Toyota Motor Corp. (NYSE: TM) has just recovered from a year that could have sunk lesser companies. Mere survival, though, is not Toyota’s goal. The company’s president and grandson of Toyota’s founder, Akio Toyoda,…
Toyota–What A Difference A Year Makes
The sales of Toyota (NYSE: TM) cars and light trucks rose 42% in February to a total of 141,826. Toyota sold nearly as many cars last month as Ford Motor (NYSE: F) did. Ford’s…
The Coming US Car Price War
There is a car price war about to take place in the US. It will be driven by the large number of new models which have begun to be released, the high price of…
Is The China Auto Boom Headed For A Bust?
When China overtook the U.S. in 2009 as the world’s leading car market, pundits considered it yet another sign of the growing might of the world’s most populous nation. The Washington Post even noted…
Auto Sales Flat Line As GM Loses Ground
A new forecast shows that car sales will drop in February from January when measured by the Seasonally Adjusted Annualized Rate. The February number will translate into an SAAR of 12.5 million cars and light…
GM: Where Are The Taxpayer’s Bonuses?
GM (NYSE: GM) workers will probably get about $3,000 in profit-sharing for 2010. The reward would cover 53,000 union members who are also hourly workers. The program is part of a plan to get…