Courtesy Ford Motor Co.Warren Buffett called Detroit land an asset of “huge potential”. That could only be true if the city’s finances were repaired enough so that tax revenue would outrun city expenses.…
courtesy of The Car Spy, via Wikimedia CommonsWhen the November car sales figures come out, one certain result will be that BMW, Audi, and Mercedes will post another month of double-digit growth.…
courtesy Ford Motor Co.Ford Motor Co. (NYSE: F) has just recalled 161,000 2013 model year Escapes due to engine fire risks and 12,000 of the same model because of possible fuel leaks.…
courtesy of General Motors Co.New car sales in 2013 are headed for the best year in more than five. An early forecast from Edmunds.com estimates that, based on November sales numbers, the seasonally…
Courtesy Ford Motor Co.It is time for Alan Mulally to leave the CEO job at Ford Motor Co. (NYSE: F). Not in a month, or a few months, but now. Several media…
ThinkstockRobust export gains played an important role earlier in this economic cycle by lifting factory output and employment. However, this tailwind to growth subsequently entered a phase of steady deceleration from mid-2010…
Courtesy Chrysler Group LLCUpdate: Chrysler has apparently moved its IPO to 2014, its largest shareholder Fiat said: “The Board of Directors of Chrysler Group LLC…has determined that it will not be practicable for…
Daimler AGAfter nearly a week of press previews, the Los Angeles Auto Show opened to the public on Friday and will run through next weekend. The number of new cars, concept cars,…
Courtesy Volkswagen AGThe more a person spends for a new car, the more satisfied that car owner is likely to be. Among 350,000 car owners surveyed by Consumer Reports magazine for its…
Wikimedia CommonsThe U.S. Treasury Department announced Thursday morning that it will sell the remaining 31.1 million shares of stock the government owns in General Motors Co. (NYSE: GM) by the end of…
courtesy of General MotorsEveryone knows that as soon as you drive a new car off the lot it loses a portion of its value. That is certainly true, but some vehicles keep…
Finviz.comGood earnings should translate into improved stock prices. For some reason, things did not work out that way for several large companies that posted strong results for the third quarter. Share prices…
courtesy of Daimler Global MediaFor the first time in two years, car sales in Europe have risen for two consecutive months. October sales rose 4.7% year-over-year, on top of a 5.4% rise…
Courtesy of Tesla MotorsTesla Motors Inc. (NASDAQ: TSLA) CEO Elon Musk announced Tuesday actions the company will take in the wake of three highly publicized car fires in Model S vehicles. These…
courtesy of Tesla MotorsFrom a high of nearly $195 a share in late October, shares of Tesla Motors Inc. (NASDAQ: TSLA) have slipped about 30% in just over two weeks to close…
