GM(GM) In September
GM (GM) sold a total of 334,974 light vehicles, up 0.3 percent from 334,025 in September 2006. Sales of light trucks increased 3.6 percent to 203,603 from 196,575. GM now appears to have a…
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Sale of Toyota (TM) vehicles in the US fell 4.4% to 213,043. The figure reflects one fewer selling day in September 2007 compared with the same month a year ago. The new Tundra full-size…
Ford Takes On Water
Ford’s (F) September vehicle sales dropped 21% in September. But, the have not hit zero yet. Sales to daily rental companies were down 62 percent, which is part of the company’s program to get…
GM’s (GM) Stock Off During Q3
If most investors were asked what happened to GM’s (GM) stock price during the third quarter, they would probably say it went up. Wrong. The shares were actually off slightly. As UAW negotiations moved…
Ford (F) Seen As Having Big September Sales Drop
Auto research firm Edmunds and other analysts say Ford’s (F) sales will drop as much as 18% in September. As one analyst quoted at MarketWatch said "New cars and trucks from other automakers, like…
Will Ford (F) Kill UAW Deal?
The Detroit News is reporting that Ford (F) does not want the same deal that the UAW offered GM (GM). It wants a much better one. That might PO the union. As a matter…
Another Reason GM (GM) And Ford (F) Can’t Sell Cars: Fuel Mileage
GM (GM) can cut all of the costs it wants to, and get a world class contract with the UAW. And, Ford (F) can follow suit. But, if they can’t sell cars, over time…
Tire Inflation Coming? (TWI, GT, CTB)
Titan Tire Corporation, a subsidiary of Titan International, Inc. (NYSE: TWI), will implement a price increase on Titan and Goodyear branded farm and construction tires, effective November 1, 2007. The increase of up to…
What Killed GM’s Rally?
The rally in GM’s (GM) stock was short-lived. Actually, it is dead. The company’s shares did not even reach a 52-week high after news of it big settlement with the UAW. Wall St. had…
GM: A Long, Cruel Strike And Fuel For A Recession
The media said there would be no strike by the UAW. GM (GM) management seemed to indicate that talks on a new contract were getting close. But, now the union is out, and it…
Ford Sticks To Profit Forecast, Maybe
Alan Mulally of Ford (F) is sticking to his forecast that the company will be profitable in 2009. But, according to Reuters, he admits that the mortgage crisis and economic slowdown could hurt that.…
China Car Exports Getting Big Enough To Be Problem
It is easy to point to Chinese cars as being low-quality and cheap. But, in place like Africa and Latin America, that may not be such a bad thing. And, the US, European, and…
GM And UAW Get Close: Stock Could Spike
Late word from Detroit is that GM (GM) and the UAW have agreed to set up a union controlled fund that would handle healthcare payments to the car company’s union workers. The move would…
GM And UAW Getting Close On Deal
GM (GM) and the UAW are getting close to a contract according to news from The Wall Street Journal and several other sources. WSJ.com comments that the parties have moved "toward a historic deal…
As Talk Of Union-Run Pension Fails GM Strike More Likely
According to several media reports, the UAW has walked away from a GM (GM) proposal to put money into a health care fund covering employees and managed by the union. GM wanted the deal…