Ford (F) Earnings: In Trouble No Matter What It Says
Ford (F) says it does not need any TARP money. Its fourth quarter earnings have to make Wall St. and Congress question that. The No.2 US car company reported a fourth quarter net loss…
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Newest first · Page 325The Car Rental Business Want Money To Buy Cars (CAR)(HTZ)(F)(GM)
Watching the land grab for TARP money becomes more entertaining every day. Now Hertz (HTZ) and Avis (CAR) want money to buy Ford (F) and GM (GM) cars. The plan makes a perverse sort…
Ford (F): Shopping Volvo To China
The US car market does not need more companies competing for a shrinking pie. Ideally, it should have less. Ford (F) may inadvertently be letting China into the American race for market share. But,…
Toyota (TM) Recall: Quality Problems On Top Of Poor Sales
Toyota (TM) moved from making most of its cars in Japan to opening plants all over the world as it marched to become the No.1 car company. The process took nearly two decades and…
Detroit’s Plans Face Harsh Reality As Toyota (TM) Makes Huge Cut Forecast
Toyota (TM) is the most successful car company in the world based on any important measurement. It is No.1 in global sales, profits, and has an impressive balance sheet especially in contrast to any…
US Car Companies Get Arrogant
Barely a month after begging for money in Washington, the US auto companies are talking about what a fine job they are doing preparing for a profitable future. Their predictions are flawed because they…
Fiat And Chrysler: The Hunter Loses It Way
The idea that Fiat would buy 35% of Chrysler at least made a modest amount of sense. It would give Fiat an outlet to sell its small cars in the US. Chrysler could get…
Why Would Fiat Want Chrysler? (TM)(HMC)(GM)(F)
Fiat is very near an agreement with Chrysler to take a piece of the No.3 US car company. The deal will need the blessing of the Treasury Department which is supplying Chrysler with financial…
Creditors Obstruct GM Rescue: Detroit Becomes Too Big To Fail
The UAW and GM’s (GM) creditors are making the great auto company bailout a process that will funnel money into Detroit for years beyond the March 31 deadline which has been set for restructuring…
The UAW Finds Out Detroit Is “Too Big To Fail”
The UAW is dragging its feet in negotiations with GM (GM). That could be risky business. The federal government reserved the right to put the car company into bankruptcy if it did not come…
The “Green” Revolution In Cars Dies Off
Up until now, the biggest obstacle to the sale of hybrid cars is that some Americans think the people who drive them are sissies. That may be true, but Toyota (TM) has sold more…
S&P Takes BorgWarner Closer to Junk (BWA)
BorgWarner Inc. (NYSE: BWA) has been a troubled company in a troubled sector. It seems that after completing its debt rating review, Standard & Poor’s has decided it doesn’t like the auto parts business. …
Americans Growth To Like Old Cars
Imagine millions of Americans owning antique cars. A 1966 Ford Fairlane is worth almost $140,000. A 2001 Chrysler Prowler $40,000. Consumers are keeping their vehicles much longer because they cannot afford to buy new…
Keeping The UAW Off The Picket Lines
In the game of chess over how Detroit can be saved, one of the moves has been to try to keep the UAW from striking. A strike could end any chance that GM (GM)…
China Car Sales: The End Of Hope For US Auto Firms
It is the Year of the Rat in China. Perhaps they could change that to the Year of the Dog so that it would be in keeping with the general mood. One of the…