10:56am ET
Cars and Drivers
Ford (F) Agreement With UAW Pressures GM (F)
Ford (F) has come to an agreement with the UAW which will cut the car company’s costs enough so that it can afford to pass on taking any money from the federal…
Companies
/Consumer Cyclical
General Motors Company
$85.40
▼ $1.76 (−2.02%) today
Markets open · 3:34pm ET
GM Coverage
Page 1913:53am ET
Media
Media Digest 2/13/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, the US government may take a 40% interest in Citigroup (C). Reuters reports that the Treasury is considering funding options for Chrysler and GM (GM). Reuters reports that a…
4:29pm ET
Investing
The 52-Week Low Club (WFC)(C)(BAC)(GE)(GM)
Citigroup (C) Worries about bank nationalization take shares to $1.61 from 52-week high of $27.35. Bank of American (BAC) Ditto. Down to $2.53 from 52-week high of $43.50. Wells Fargo (WFC) More…
6:13am ET
Cars and Drivers
As Saab Moves To Bankruptcy, Concerns About Detroit Rise
Will GM (GM) and Chrysler file for protection from creditors, their unions, and supplier costs? Now there is a recent precedent to do so, maybe they are more likely to. Saab went…
Douglas A. McIntyre 5:37am ET
Banking, finance, and taxes
March Will Be The Tipping Point Of The Recession
Does the economy get worse from here or do the government programs recently signed into law increase confidence and start to put capital to work to create jobs and build businesses? In…
3:59am ET
Media
Media Digest 2/20/2009 Reuters, WSJ, NYTimes, Bloomberg
According to Reuters, Allan Stanford was found in Virginia. Reuters reports that the stimulus is unlikely to fix state problems. Reuters writes that US consumer prices probably moved up in January.
5:58am ET
Cars and Drivers
Toyota (TM) Needs GM (GM)
Toyota (TM) wants GM (GM) to go out of business. Then the Japanese car company could take the No.1 market share position in America, perhaps over 25%, and make a fortune when the…
3:53am ET
Media
Media Digest 2/19/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, the biggest problem GM (GM) may face is a mountain of debt. Reuters reports that investors in Stanford funds are pushing hard to get their money out. Reuters reports…
5:40am ET
Cars and Drivers
GM (GM): Trading $16.6 Billion For 47,000 Jobs
GM (GM) says it needs more money from the federal government or it will run out of cash next month. It has made some progress with its creditors and the UAW, but…
Douglas A. McIntyre 3:54am ET
Media
Media Digest 2/18/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
According, to Reuters, GM (GM) and Chrysler have asked for another $22 billion. Reuters reports that the SEC has charged Alan Stamford with “massive fraud.” Reuters reports that Trump’s image is being…
3:56am ET
Media
Media Digest 2/17/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, a poll of economists says the Japanese economy is likely to get worse. Reuters reports that Trump Entertainment may file for Chapter 11. Reuters writes that California may have…
4:51am ET
Media
Media Digest 2/16/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, Obama has dropped the idea of appointing a “car czar”. Reuters reports that Japan’s GDP is dropping at an annual rate of over 13%. Reuters reports that the Administration…
4:10pm ET
Cars and Drivers
The US Won’t Let GM (GM) Go Bankrupt
General Motors (GM) will not file Chapter 11. The government cannot afford to see a large portion of the job creation benefits of the stimulus package destroyed by having the big car…
7:25am ET
Cars and Drivers
Europe Is Not A Way Out For GM (GM) And Ford (F)
GM (GM) and Ford (F) each used to have remarkably profitable European operations. A large part of their annual net income came from the region. Now, it looks like auto sales in…
8:43pm ET
Cars and Drivers
As Auto Recession Deepens, Toyota (TM) Cries “Uncle”
Toyota (TM) will make large cuts in its North American operations as sales in the region continue to fall. Given the strength of the Japanese company’s balance sheet, the moves speak volumes…