Toyota Slows, A Little: Jan Car Sales
Toyota’s (TM) US sales were up only 9.5%. That is "only" in like the Detroit car companies would die for the number. But, some forecasts had Toyota’s sales up over 14% for January. Total…
Cars and Drivers
All Cars and Drivers Articles
Newest first · Page 353Ford Bleeds, To Death, Jan Sales Off
Ford’s (F) sales in January fell 18.9%. That’s right, and it must have been very hard to do. Research firm Edmunds said that Ford’s sales could be down 20% for the month. Bloomberg lists…
Chrysler Beats The Devil: Jan Sales Rise
Pundits thought Chrysler’s (DCX) sales would drop in January from the same month a year ago, Well, opps. DaimlerChrysler’s US sales moved up 3% to 173,377. Sales of the Chrysler brands rose 1% to…
GM Better Than Expected?
Calyon, a research and banking arm of Credit Agricole, believes that GM only burned through $500 million in cash in its automotive operations in Q4. That would be better than most Wall St. expectations.…
Cramer Likes Toyota as the Best Foreign Stock
Tonight Cramer on his MAD MONEY show on CNBC added his last of his foreign legion picks for US investors. Toyota Motor (TM-NYSE/ADR) is his favorite foreign stock. He also owns it in his…
Fort Apache Detroit
Edmunds, the car research firm, comes out with projections of US monthly vehicle sales a few days before the car companies announce. The numbers are usually pretty good. Domestic sales are expected to be…
Ford’s Awful Numbers: Getting Smaller Won’t Work
Ford’s (F) fourth quarter report was nothing short of a disaster. The company lost $5.8 billion. Excluding restructuring costs, the number was $2.1 billion. Worldwide automotive revenue for the quarter were $36 billion down…
Detroit Ostrich Farm: Welfare Lines For Workers, Bonuses For Bosses
Ford’s (F) reputation for stupidity may not have been mitigated by Bill Ford stepping down as CEO and a senior executive’s decision not use the company plane for free to fly home to Florida.…
Can The UAW Save Detroit?
The UAW is in talks with the big Detroit car companies about taking on the responsibility for retiree health-care benefits. The move would take billions of dollars of liabilities away from the Big Three.…
Toyota’s Toy Car
Toyota (TM) has told the Financial Times that it is working on a series of processes to build cars at a much, much lower cost. The company is targeting the costs of design and…
Detroit’s New Best Friends: Toyota And The Oil Companies
Detroit has been in so much trouble for the last two years that its problems have seemed insoluble. Labor and benefit costs could not be cut fast enough and North American market share kept…
Detroit Sees $4 To $5 Per Gallon Gas
Don’t tell the car industry about oil dropping from $78 a barrel to $52. They aren’t buying it long-term. A survey of 100 power-train experts, including CEOs, by University of Michigan Transportation Research Institute…
24/7 Wall St. 2007 Price Forecasts: Ford, $6.50
Over the next week, 24/7 Wall St. will set mid-year price targets (June, 30, 2007) for the 60 most widely traded stocks. Ford is featured here.
24/7 Wall St. 2007 Price Forecast: GM, $36
Over the next week, 24/7 Wall St. will set mid-year price targets (June, 30, 2007) for the 60 most widely traded stocks. General Motors is featured here.
Detroit Car Companies Lose Their Minds
Stocks: (GM)(DCX) With the auto show in Detroit in full swing, the pronouncements from the domestic companies are all about how well they will do in 2007. Amazing. DaimlerChrysler’s Chrysler unit expects to sell…