3:08pm ET
Cars and Drivers
Ford Run Over By S&P (F, GM)
Standard & Poor’s has come out with another timely research call today, and while shares are still up about 5% they are off of intra-day highs.. The ratings agency has lowered its…
Companies
/Consumer Cyclical
General Motors Company
$85.37
▼ $1.79 (−2.05%) today
Markets closed · 8:52pm ET
GM Coverage
Page 2002:33pm ET
Cars and Drivers
Oouch! Auto Bailout Deal Dead In A Hour (GM)(F)
So much for the Detroit bailout that was supposed to be announced later today. CNBC is reporting that there is no deal. The network says: "Senate Majority Leader Harry Reid and House…
2:20pm ET
Cars and Drivers
Talk That Car Industry Will Get Bailout (GM)(F)
Word from Washington is that a bailout agreement has been reach among the various factions in Congress. There will no details on the arrangement until a news conference later this afternoon According…
11:33am ET
Economy
Citigroup (C) And GM (GM): The Shadow Of Economic Ruin
No one knows what a Great Depression would look like in 2009. It would not necessarily have to match the 25% or so unemployment rate which was the high-water mark of joblessness…
6:39am ET
Cars and Drivers
GM (GM) And Chrysler: Why Die Alone?
Rumors have surfaced again that Chrysler and GM (GM) may restart talks about a merger. For some time analysts and executives at the two companies have believed that a marriage would save…
Douglas A. McIntyre 3:52am ET
Media
Media Digest 11/20/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, Japan exports hit their lowest level since 2002. Reuters writes that hopes for an auto bailout in this session of Congress are poor. Reuters reports that the US is…
6:09am ET
Cars and Drivers
Car Company Bailouts Move To China, Japan And Europe Next
A car industry bailout may save GM (GM), Ford (F), and Chrysler for a few months, but it is likely to set a painful precedent for governments in Asia and Europe. If…
5:32pm ET
Consumer Electronics
GM (GM) Taking Sirius (SIRI) Down To Zero
Correction: Based on the financial contribution of GM subscribers to the Sirius P&L, the satellite radio company would not have an immediate loss of earnings if it were not selling product through…
4:42pm ET
Investing
The 52-Week Low Club (SIRI)(GM)(C)(CIT)(SKS)(XTLB)
Sirius (SIRI) traded down to $.20 on concern that a bankruptcy at GM (GM) could ruin its already troubled business. The 52-week high is $2.94. Citigroup (C) Still concerns that bank can…
5:30am ET
Cars and Drivers
Auctioning Detroit To The Japanese And Germans (TM)(GM)(F)(HMC)
When it comes to the trouble with the US car industry and a potential government bailout, the first and most important consideration is that no one is at fault. The dog ate…
3:50am ET
Media
Media Digest 11/17/2008 Reuters, WSJ, New York Times, FT, Bloomberg.
According to Reuters, Japan has fallen into a recession. Reuters writes that the top seven executives at Goldman Sachs (GS) will take no bonuses. Reuters reports that a poll showed that many…
11:29am ET
Cars and Drivers
Republicans Begin To Turn Against Detroit Bailout, Increases Chances of Bankruptcies
With the Fed and Treasury apparently willing to sit on the sidelines while GM (GM) and Chrysler run low on money and head toward possible bankruptcies, it has been left to Congress…
4:03am ET
Media
Media Digest 11/14/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, concerns about the global economy are growing as the G20 nations are meeting. Reuters says that Congress challenged banks on how they would use bailout funds. Reuters reports that…
6:20am ET
Cars and Drivers
GM (GM): People Will Not Buy Cars From A Bankrupt Company
There is a perception among investors and government officials that GM (GM) CEO Rick Wagoner will say anything to save his job. He has argued hard and often that people will not…
3:57am ET
Media
Media Digest 11/13/2008 Reuters, WSJ, NYT, FT, Bloomberg
According to Reuters, Japan will supply money to the IMF. Reuters reports that Citigroup (C) is looking at buying Chevy Chase Bank. Reuters reports that the US may need to insure wholesale…