VW says it want a bigger market share in the US. Much bigger. With the tremendous competition in the world’s largest car market, it may not get there, unless it can buy…
Douglas A. McIntyre According to Reuters, merger talks between United (UAUA) and US Air (LCC) has been halted. Reuters reports that a US oil probe is focusing on price manipulation. Reuters writes that April insured…
It is not 1876, and GM (GM) CEO Rick Wagoner does not have long blond hair. But, Mr. Wagoner is in mortal trouble and there may not be much he can do…
The Detroit News says that Ford (F) will cut another 12% of its salaried workforce. Who will keep the books and design the cars? There must be some point at which Ford…
In late 2005 and early 2006, GM’s (GM) stock hit multi-year lows, dropping below $20. Ford’s (F) shares also sold down on fears that both companies could face Chapter 11. Their costs…
According to Reuters, Ford (F) has given up on its plan to make a profit in 2009. Reuters reprots that Yahoo! (YHOO) nominated its board and delayed its annual meeting. Reuters writes…
After over a year of saying it would make a profit in 2009, the new management at Ford (F) has given up the ghost. Once auto sales started to move down sharply…
Douglas A. McIntyre It did not take a story in The Wall Street Journal to let Wall St. know that it would be a hard year for GM (GM) and its peers in the US.…
GM (GM) says it has plenty of money on hand for tough times. So do Ford (F) and Chrysler. Based on where the two public companies trade, almost no one believes that.…
Ford (F), GM (GM), and Chrysler have continued to maintain the hope that car sales will turn in the second half of the year. Since they have been falling by double digits…
Not all financial shares are created equal, at least no according to short bets made on NYSE companies for the period ending. April 30 compared to numbers on April 15. Short interest…
The hallmark of some of the most successful companies over the last fifty years is that the CEOs spent a great deal of their time with customers and at company locations around…
Jerry York, henchmen for Kirk Kerkorian, has told Automotive News that it is time for Ford (F) to dump Volvo and Mercury. The former car exec said that the No.2 car company…
Douglas A. McIntyre If car sales are any indication of the broader economy, it is time to get to the food lines. In April, retail sales at the company fell 12% to 200,727. The only…
Douglas A. McIntyre Detroit is now viewed as a metaphor for the car industry in the US, even if GM (GM) and Ford (F) are the only public companies based there. For purposes of domestic…
