LoJack Approval May Reignite Revenue Growth (LOJN)
LoJack Corp. (NASDAQ: LOJN – News) may have seen some of the first positive news in some time, which will allow the company to migrate away from being reliant solely upon tracking autos at…
Cars and Drivers
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GM (GM) likes its "employee pricing" incentives so much that it is going to extend them through the end of September and make them available on more models. Good new. Bad news. Clearly GM…
Delphi: Car Company Canary In A Coal Mine
Robert Lutz, the oldest car company executive in the history of the industry, recently said that Detroit could not raise the money it needs to retool its plants to build fuel-efficient cars. The businesses…
Toyota (TM) Crashes, Again
Toyota (TM) has already cut its sales targets for its fiscal 2008 year. Now it is taking down its forecast for 2009. According to The Wall Street Journal, "Japan’s biggest car maker by sales…
GM (GM) Gets Hummer Purchase Interest From Middle East
GM (GM) may be able to add humiliation to the list of losses and indignities it has had to suffer over the last year as a recession and rising fuel prices have ruined its…
August Car Sales And Incentives: Baiting The Poor
Hopes are that instead of selling a very few cars in August, auto companies will sell less few than they did in July. These perverse economics have become the way that Detroit tracks it…
GM (GM) Wants A Loan From Uncle Sam
Several reports indicate that GM (GM, Ford (F), and Chrysler are approaching the government for a total of $25 billion in loans at interest rates as low as 4.5%. The money could come in…
GM (GM): More Incentives Mean More Job Cuts
GM (GM) has decided to do two things to stimulate sales. One is to offer aggressive incentives on its new cars. The other is to offer substantial warranties on its used cars. Between the…
Car Quality Drives Out Of Detroit (GM)(F)(HMC)(TM)
The quality of American cars was supposed to be getting better. Perhaps that was an illusion. Part of the reason that investors thought GM (GM) and Ford (F) could come back was that their…
GM (GM) Gives The Store Away
GM (GM) will celebrate its 100th birthday by offering incentives and losing more money on each vehicle. According to Reuters, "GM had scheduled briefings for U.S. dealers, representing all of its brands from the…
GM (GM) Pulls Out Of Oscars — How Can It Slash Costs And Turn The Company Around?
General Motors (GM) has decided that it will not serve as a sponsor for the the 2009 Academy Awards, ending a long relationship that included $13.5 million in ad spending for this February’s broadcast…
New Prius Changes May Have Risks For Toyota (TM)
Have you tried going into a Toyota dealership to buy a new or used Toyota Prius over the last 12 to 18 months? If you said yes, then you know you can’t really get…
GM and the Moody’s Gorilla, Round 16 (GM, F)
If you believe that the bond rating agencies either matter or still offer any relevance in the post-meltdown (or is it mid-meltdown?) world, then you can see they are at it again. Moody’s has…
Toyota (TM): Exporting From America? (GM)(F)
It is a Category 5 irony that Toyota (TM) may be faced with exporting cars it makes in the US to other countries. It initially conquered the small car market in the America by…
GM (GM) CEO Has Support Of .000839% Shareholder
Since Richard Wagoner became CEO of General Motors (GM), the stock has gone from the $60 per share range down to its current price of $10.25. But not to worry: the company’s lead outside…