Kyle Bass's Hayman Capital Management reportedly has taken a large stake in General Motors. Bloomberg TV reported that the fund manager has taken a large stake, although its size was not initially…
Courtesy Volkswagen AGU.S. car and light vehicle sales grew 8.9% to 1,245,325 in November. Most of the largest companies reported record sales. Two large global manufacturers were left well behind — Volkswagen and…
ThinkstockAutomakers reported November U.S. sales throughout Tuesday, and we will follow the reports and post results as they come in. Carmakers had another good month both in sales and in average sales…
ThinkstockCarmakers are expected to report November sales on Tuesday, and the consensus estimate calls for sales of about 1.2 million cars and light trucks, a gain of 3.6% over November 2012, according…
ThinkstockThe stock market has enjoyed what is now eight weeks of gains and new highs in just about each of those weeks. Now investors have to be considering how to position their…
Courtesy Ford Motor Co.Car companies are not exactly giving their products away, but as the year draws to a close many are gambling as they take on the burden of interest rates,…
Courtesy Ford Motor Co.Warren Buffett called Detroit land an asset of “huge potential”. That could only be true if the city’s finances were repaired enough so that tax revenue would outrun city expenses.…
As the stock market is challenging all-time highs around a holiday week, investors have to be considering how to position their portfolios and assets for 2014 and beyond. 24/7 Wall St. has…
courtesy of The Car Spy, via Wikimedia CommonsWhen the November car sales figures come out, one certain result will be that BMW, Audi, and Mercedes will post another month of double-digit growth.…
courtesy of General Motors Co.New car sales in 2013 are headed for the best year in more than five. An early forecast from Edmunds.com estimates that, based on November sales numbers, the seasonally…
ThinkstockRobust export gains played an important role earlier in this economic cycle by lifting factory output and employment. However, this tailwind to growth subsequently entered a phase of steady deceleration from mid-2010…
Courtesy Chrysler Group LLCUpdate: Chrysler has apparently moved its IPO to 2014, its largest shareholder Fiat said: “The Board of Directors of Chrysler Group LLC…has determined that it will not be practicable for…
Daimler AGAfter nearly a week of press previews, the Los Angeles Auto Show opened to the public on Friday and will run through next weekend. The number of new cars, concept cars,…
courtesy of General Motors Co.Depending on which expert does the math, the U.S. taxpayer will lose about $10 billion on the bailout of General Motors Co. (NYSE: GM) once the Treasury’s sell-off of…
Courtesy Volkswagen AGThe more a person spends for a new car, the more satisfied that car owner is likely to be. Among 350,000 car owners surveyed by Consumer Reports magazine for its…
