Like a number of other numbers which have come out in the last month, US light vehicle sales were slightly better than expected. Tell that to the US car companies which are…
According to Reuters, Obama demanded that the G-20 find solutions to the global financial crisis. Reuters reports that a bankruptcy for GM (GM) and Chrysler could be a long, drawn-out process. Reuters…
Hyundai has become a very successful auto company in the US if you consider the state of the auto industry and the current economy. It’s “lose your job, we take the car…
Douglas A. McIntyre Rick Wagoner, former CEO of GM (GM), is not old enough to retire. He has an incredible CV which includes running a huge but troubled car company for eight years. Another firm…
Toyota’s (TM) share of the US light vehicle market is 18% and Honda’s (HMC) is 10%. GM’s (GM) share of its home market is about 22%. Fifty-five years ago, the No.1 US…
According to Reuters, government talk of auto company bankruptcy may cause creditors and the UAW to renew talks with GM (GM) and Chrysler. Reuters reports that Obama is talking a hefty agenda…
This morning we already knew that General Motors Corporation (NYSE: GM) has 60 days and Chrysler has 60 days until D-Day. The Obama administration pledged that GM brands will be on the…
The current word in the news media is that Chrysler chief Robert Nardelli will keep his job, unlike his counterpart at GM (GM). That seems odd since, so far, the heads of…
The Administration’s blue ribbon panel assigned the task of deciding what should happen to GM (GM) and Chrysler has, as would be expected, said that it wants to keep the two companies…
According to Reuters, Obama may be stretched to thin. Reuters reports that AIG (AIG) executives in Europe are resisting returning bonuses. Reuters reports that Obama will begin to tighten the screws on…
Based on the rise in the short interest in banks at mid-month, it is clear how badly investors betting bank stocks would go down were mauled. As of March 15, shares short…
According to Reuters, Obama said that the recession would be halted by government efforts. Reuters reports that Treasury wants broad new powers to wind down troubled non-bank financial firms. Reuters reports that…
According to Reuters, a number of AIG (AIG) employees gave back their bonuses. Reuters reports that economist Martin Feldstein said the recession may last well into 2010 and the government may have…
Ford (F) is in the best financial health of The Big Three. Its position could improve more, at least temporarily, if its deals to cut debt and reset its contract with the…
These are the top upgrades and downgrades from Wall Street analysts this Friday morning: Expedia (EXPE) Raised to Buy at Citigroup. Ford (F) Started as Buy at UBS. Johnson & Johnson (JNJ)…
