A Lesson For Detroit From VW
Chrysler sells very few cars overseas, so it may never recover from the auto industry recession. GM and Ford (F), which have fairly large operations outside the US, should look at VW’s results for…
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Newest first · Page 317Signal From Honda (HMC): Global Auto Business Recovering
The automotive industry has been one of the most troubled worldwide over the last two years. High gas prices and low consumer spending have conspired to kill off demand for cars and light trucks. The…
VW’s Push To Become The World’s Largest Car Company
VW’s plans to take over Porsche got a boost as the sports car company’s CEO was pushed out by his board. Wendelin Wiedeking leaves Porsche with a severance package worth $70 million. Porsche plans…
Can GM Survive Without The US Market?
GM recently made a number of optimistic comments about its future. These centered on its success in emerging markets such as China and its belief that it can keep 18% of the American market.…
Ford’s (F) Efforts To Re-Conquer Car World Gain Speed
Ford (F) will launch ten new models this year. Merrill Lynch says that will bring the age of car company’s product line to an average of 2.4 years. In other words, Ford’s older models,…
Another Mega-Auto Firm For Detroit To Contend With
It is not enough that two-thirds of The Big Three have gone through bankruptcy and that GM is controlled by the Treasury Department. Detroit has to contend with the more adroit and well-funded major…
Comparing the Two GM’s: NewCo vs. Old GM (GMGMQ)
General Motors is still much of the talk since it exited bankruptcy protection early Friday. This was a quick bankruptcy process and was well ahead of historic bankruptcy timelines, avoiding what many skeptics thought…
The Case For Unavoidable Increases In The Stimulus Package
The San Francisco Chronicle recently wrote that only $9.4 billion of the $50 billion earmarked for the state has made it to the treasury. California has to wait for the rest during a period…
GM CFO Outlines IPO Timeline… Or Re-IPO (GMGMQ, GM)
Everyone wants to know when an initial public offering of General Motors (GMGMQ) will occur. Its emergence from bankruptcy has only expedited the curiosity of when the company will be public again. GM’s new…
GM: Out Of the Chapter 11 Frying Pan And Into The Market Fire
The “best” parts of GM were transferred to a newly created company, owned almost two-thirds by taxpayers, at about 6.30 AM today. The federal government will end up stuffing a total of $50 billion…
China’s Car Sales Explode Nearly 50%
The notion that the US is the world’s largest car market is gone, perhaps forever. China’s light vehicle sales rose 48% in June to 872,900. The world’s most populous country will produce sales of…
Day Traders & GM Stock: Drag Race To Zero (GMGMQ)
How many bankrupt companies have OTC and Pink Sheet stocks before they disappear for the long haul? Enron, Lehman, Adelphia… General Motors (GMGMQ) is on this list. Some of these stay trading for some…
Toyota Keeps Its Edge By Pushing Through Troubles
Media in Japan recently reported that Toyota (TM) will begin to produce its new plug-in hybrid in 2012. Toyota will be using lithium-ion batteries which it can produce efficiently in a joint venture with…
GM, Finally Restructured, May Not Be Saved
GM’s most valuable assets have finally been sold to a company controlled by the federal government. A judge approved the transaction early today. The “new GM” should be out of bankruptcy court and fully…
Car Sales: Ford (F) Rules June
Ford’s (F) June sales were down “only” 11% to 154,873. That means, based on drops in volume at other large manufacturers, that Ford picked up market share during the month. Ford Fusion sales were…