GM’s (GM) Diesel Dreams
GM (GM) has bought 50% of diesel engine company VM Motori. Newer clean diesel engines are being viewed as an alternative to hybrid models for delivering fuel-efficient cars and trucks. With the…
GM (GM) has bought 50% of diesel engine company VM Motori. Newer clean diesel engines are being viewed as an alternative to hybrid models for delivering fuel-efficient cars and trucks. With the…
Several media have suggested that the reason that Ford (F) wants to sell its Jaguar and Rover businesses is not simply to streamline the company and off-load underperforming divisions. The company may…
The domestic auto industry’s promised land seems to be China and India. Neither country has a huge, mature manufacturing industry of its own. There are hundreds of millions of people, and very…
The idea that the UAW was going to give up the ghost and concede pension and benefits issues to the Big Three to help them with their turnarounds probably had a short…
ACAD started as Outperform at FBR.ALC started as Outperform at RBC.ARUN started as Buy at Jefferies.ATVI started as Buy at First Albany.AZ raised to Buy at UBS.CHA cut to Hold at Deutsche…
According to Reuters, the CME (CME) purchase of the CBOT (CBOT) was approved by shareholders. Reuters writes that BHP Billiton (BHP) is looking for a partner to make a bid for Alcoa…
After seeing its June sales in the US fall 21% and its marketshare here fall to an all-time low, GM (GM) picked up some sales in Europe. GM’s Europe sales in June…
Nissan wants to sell 300,000 cars in China this year. During 2006, the company moved 220,000 units. The Japanese company is even beginning to market its luxury Inifiniti line to the upper…
Edmunds writes that GM’s (GM) North American market share in the most recent month dropped to 22.1%. In 2002, during the same month, the number was 30.2%. The latest number is a…
Stock Tickers: CME, BOT, DFS, RIMM, AAPL, AA, RTP, AL, AMD, MOT, ALU, MPEL, GM, TM, BIDU, INTC, DELL, MSFT If the CME (CME) and CBOT (BOT) doesn’t get approved next week,…
The UAW officer who heads negotiations with The Ford Motor Company (F) told other members of the union that the automaker could not weather a strike. He added that if the company’s…
According to Reuters, Blackstone (BX) bought Hilton Hotels (HLT) for $20 billion plus debt. Reuters writes that private equity firm Apollo offered $6 billion for Huntsman. Reuters reports that car sales in…
According to Reuters, Blackstone (BX) bought Hilton Hotels (HLT) for $20 billion plus debt. Reuters writes that private equity firm Apollo offered $6 billion for Huntsman. Reuters reports that car sales in…
Not enough lip stick for this pig. GM’s (GM) June sales dropped 21%. The company has no excuses, since its sales of low margin vehicle to rental car fleets were down 22%.…
GM’s (GM) stock has doubled in 18 months to over $38. There are ample reasons. A settlement of the UAW’s fight with GM parts supplier Delphi fixes the amount of the large…