GM (GM) Says November Sales In Line
Management at GM (GM) says that November sales are on track. With the stock at a 52-week low, that may be a relief for investors. And, it could cause the stock to move back…
Management at GM (GM) says that November sales are on track. With the stock at a 52-week low, that may be a relief for investors. And, it could cause the stock to move back…
Ford has world class management now, at least according to the company. It has a better deal with the UAW, which improves its balance sheet and will sharply improve its cost base in North…
Just a couple of months after hitting a 52-week high at $43.20, GM (GM) touched a new 52-week low today at $27.94. Maybe it was word that some auto industry experts think car sales…
Imagine what would happen if vehicle sales in the US dropped nearly 10% from one year to the next. Car sales did drop 11% in America during 1991 and hit a low of 14.5…
It looked like things were getting better for the US car industry, but then along came higher fuel prices and the housing slump. Those UAW deals don’t look like such a big advantage now.…
For everything that has happened at Ford (F) over the last three months, Wall St. should expect some movement in the shares. But, they are flat. Barely a penny of movement. The market is…
Ford (F) was being mentioned as a bankruptcy candidate two years ago. Its stock got down around $6. Bill Ford has failed to make the company more competitive on a product or cost basis.…
Based on Ford’s (F) recently posted third quarter earnings, the company is getting better at running its core car business. But apparently not good enough to think it can turn around its flagging Jaguar…
Ford (F) is supposed to be the weak sister of the Big Three. It does not have the financial backing of a hedge fund and friends the way that Chyrsler does with Cerberus. It…
General Motors Corp. (NYSE:GM) is trading down sharply after disclosing huge charges last night. The auto giant posted $43.1 Billion in quarterly revenues GM does note that ongoing challenges in the U.S. mortgage market…
Word was that Toyota (TM) was hurting. Sales in the US have not been robust and they have been falling in the company’s home market of Japan. Car markets are slowing overall in both…
Ford (F) will be putting over $13 billion into a fund which the UAW will use to pay health-care costs. That will take the liability for these expenses off Ford’s balance sheet and the…
The UAW negotiations with Ford (F) went fast. The template was already in place from the deals with GM (GM) and Chrysler. There will be a fund set up so that the UAW can…
According to the Detroit News, Ford (F) is close to having a final deal with the UAW. "Sources familiar with the situation told The Detroit News a deal could come today." Douglas A. McIntyre
Ford (F) had another bad month in November with US vehicle sales falling almost 10%. The double-digit monthly drops are now a bad habit. The company has also indicated that it is not meeting…