GM: Ides of March
Toyota (TM) hurt GM again in March. After the Japanese car company came out with a sales increase of 11.7% to 242,675, General Motors (GM) reported a drop in sales of 7.7% to 349,867.…
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Newest first · Page 350Toyota’s Fair March
Perhaps there is a tiny ray of hope for the Big Three after all. Toyota (TM) sales in the US were up 11.7% compared to the same month last year. It was a good…
Ford Gets A Tiny Reprieve
US sales for Ford (F) were off 9% from March of last year. Total vehicle sales were 264,975. The company had two bright spots. Sales of the Crown Victoria were up 22% to just…
March OK For Chrysler (DCX)
Sales of Chrysler vehicles in the US fell 4.6%, a bit better than expected and DaimlerChyrsler (DCX) sales including Mercedes were off 4.1% to 228,047. The new Dodge Nitro SUV did well and did…
Daimler: Beggars Can’t Be Choosers
Late word from Germany is that DaimlerChrysler (DCX) will not let just anyone buy its Chrysler auto unit. The Wall Street Journal speculates that Daimler management will want to share technology with its US…
GM: More Motor City Madness
General Motors (GM) has problems in the big pick-up end of its business and is looking at producing a minicar a the other end. According to Reuters, GM (GM) and Ford (F) may both…
Ford’s Drying Up And Blowing Away
One of Ford’s senior executives said that is sales in the US would be off by double digits again in March. That is probably a sign that a turnaround is not around the corner.…
Europe Markets 3/30/2007 Vodafone, Alcatel Down
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Toyota’s New Pick-Up Falters: Welcome To Detroit
Toyota’s (TM) new full-sized pick-up, the Tundra, was supposed to get the Japanese company into a lucrative market dominated by Ford’s (F) F-series and the Chevy (GM) Silverado. But, on the way to another…
UAW Kisses Off Delphi, A Sign Of Things To Come
The UAW told Delphi, the bankrupt car parts company, to take a hike. The labor contract offer from Delphi was so poor that they union will not even offer a counter proposal. According to…
Europe Won’t Be So Easy For Toyota
Forbes car expert Jerry Flint says that Toyota (TM) is making gains in Europe. With a market share of 6.3% that may be true, although it is well short of the 15% plus that…
GM And UAW Gang Up On Daimler
Reuters reports that The Times has found out from sources inside GM (GM) that it will not bid for Daimler unit (DCX) Chrysler. It is concerned that it cannot take on the excess capacity.…
DaimlerChrysler Stock Set For A Fall?
Shares in DaimlerChyrsler (DCX) are up almost 35% this year. By contrast, Toyota’s (TM) stock is flat and GM’s is up 5%. Is Daimler really so much better off? Magna International and some private…
Big 3 & Bush Make No Impact on Stocks
President Bush today met again with the top executives of the US Auto Industry. The common goals of "helping" the US auto industry is still a bit odd because the industry doesn’t want to…
Could GM Get Chrysler Cheap
DaimlerChrysler’s (DCX) unions are objecting to the company selling its US arm, Chrysler, to private equity interests. Labor representatives hold half the seats on the DCX board, and it appears to be their view…