Chrysler’s prospects for 2010 seemed so promising. The company’s management, captained by Fiat chief Sergio Marchionne, was optimistic about the year as the No.3 US car firm shaved its loss in the second quarter…
It has been decades since US car companies and their products were viewed as superior to their foreign counterparts, particularly those made by Japanese automakers. Positive ratings of the automobile industry spiked to 39%…
Bloomberg recently pointed out that Honda Motor (NYSE: HMC) has a profit advantage over many of its Japanese manufacturing peers because it decided to build products in the United States more than two decades…
GM’s largest problem for the IPO seems to be investor skepticism. Late yesterday came the SEC filing paperwork from General Motors for its long awaited initial public offering. There has been a debate real…
General Motors is out with its S-1 filing. In short, its IPO filing is now out and official. Terms are not disclosed and the amount listed for filing purposes was $100 million in common…
There are rumors that GM will delay its IPO and others that it will sell preferred stock along with common. The need to sell preferred is a sign that GM believes some investors want…
General Motors will be filing its IPO paperwork shortly. It could come literally any hour now. Today’s news of a recall may only be an asterisk in the grand scheme of things. This is…
General Motors has already reported earnings and is due to file its paperwork with the SEC soon for its upcoming IPO. But things just got complicated. General Motors announced that Ed Whitacre is stepping…
General Motors, or Government Motors, has two key data points for today. First is the earnings report. Second is that it is about to formally file for its initial public offering. Revenue rose 43%…
Tesla Motors, Inc. (NASDAQ: TSLA) has seen a strange trading pattern since its IPO first came to market in June. The quiet period has now ended and the analyst pool has begun coverage of…
The rapidly expanding car market in China has been critical to the earnings of global auto companies like GM, VW, and Toyota Motor (NYSE: TM). China’s insatiable demand for cars has pushed the nation…
Tesla Motors, Inc. (NASDAQ: TSLA) has just reported its first earnings report since its IPO. It lost money as you might have expected. Revenues were up 36% year-over-year at $28.4 million. The report is…
Toyota Motor Corp. (NYSE: TM) reported earnings for the quarter ending June 30–its fiscal first quarter–and the numbers were sterling even though it has recalled nearly nine million of its vehicles. Revenue reached 4,872…
July car sales will almost certainly be the best since the “Cars for Clunkers” period last September. Industry experts expect annualized figures to reach 11.8 million. That is still far below the 16 million…
Back in 2008, when gasoline pump prices were on a steady march to $4/gallon, the Prius hybrid electric car from Toyota Motors (NYSE: TM) was selling like hotcakes in the US. Toyota announced that…