Auto retailer AutoNation Inc. (NYSE: AN) reported this morning that June sales rose 38% compared with June 2011, to 22,862 units. The company sells vehicles made by Ford Motor Co. (NYSE: F),…
Aside from the partial buyout of Chrysler by Fiat, the current auto market should dissuade big manufacturers from moving further into the business. That did not stop Volkswagen from taking over of Porsche,…
Ford (NYSE: F) put on an impressive show in June, at least based on U.S. sales. The numbers will not offset worries about revenue from Europe, but do show Ford’s strength in…
Douglas A. McIntyre As auto manufacturers like General Motors (NYSE: GM) and Ford (NYSE: F) anticipate worse losses in the Europe market, their managements and investors continue to look to the crowded China market for…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Friday. Anthera Pharmaceuticals (NASDAQ: ANTH) Cut to Sell at Citigroup. Bed Bath & Beyond…
Some products sell well when first introduced. Many more fail miserably. Very few of them sell so well that they fundamentally impact American culture. This is 24/7 Wall St.’s list of 10…
EU leaders set a tentative plan to recapitalize troubled banks directly with funds meant to be loaned for sovereign bailouts. (Reuters) Stockton, Calif., files for bankruptcy. (Reuters) Research In Motion (NASDAQ: RIMM)…
Ford Motor Co. (NYSE: F) is still the great America car company, but the growth markets are not going to deliver for it in 2012. in fact, the company noted in an…
Jon C. Ogg The three major US stock indexes opened lower this morning and stayed in losing territory all day as investors first figured out that the two-day Eurozone summit meeting would very likely end…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Thursday. Anadarko Petroleum Corporation (NYSE: APC) Raised to Outperform at Bernstein. Apple Inc.…
If Google (NASDAQ: GOOG) is fortunate, its new Nexus 7 tablet will be like a Chrysler automobile. The device is up against Apple (NASDAQ: AAPL), with its General Motors (NYSE: GM) type…
U.S. June car sales should be the best they have been for any month since 2007. That year was just ahead of the sickening drop in volume which accompanied the recession and eventually triggered…
General Motors Co. (NYSE: GM) today issued a recall of more than 475,000 Chevrolet Cruze sedans to correct a problem that could lead to fires in the car’s engine compartment. The recall…
In the race for leadership in vehicle quality, American car companies have chased their Japanese rivals for two decades. Data from industry research firm JD Power show that U.S. manufacturers have started…
The Federal Reserve says it will increase help to the U.S. economy, and it may be willing to do more. (Reuters) Spain may request more financial aid for its troubled banks. (Reuters)…
