ThinkstockOne reason that U.S. drivers are buying less gasoline is that new cars get better gas mileage. The University of Michigan’s Transportation Research Institute has tracked new car sales and fuel economy since…
courtesy of Sprint Corp.In the past 30 years, the hedge fund industry has shown phenomenal growth. Initially formed as true “hedges” against conventional investing, they morphed into vehicles for hedge fund portfolio…
courtesy of General MotorsOne of the most extraordinary aspects of July U.S. car sales was the evenness of the advance among the largest firms. The exception to that was once-surging Kia and…
courtesy of Toyota Motor Corp.General Motors Co. (NYSE: GM) and Ford Motor Co. (NYSE: F) each posted earnings above Wall Street expectations last week. The numbers were another sign the car industry,…
ThinkstockAutomakers reported July sales throughout the day today, and while sales month-over-month declined, sales compared with July of 2012 came in significantly higher for most automakers. For the full year, the seasonally…
ThinkstockVery little in the Consumer Federation of America’s (CFA) “Nation’s Top Ten Consumer Complaints” was unexpected. The results of the survey show how hard it may be to operate in some of the businesses in which…
ThinkstockAutomakers will be reporting July sales tomorrow, and while sales month-over-month are projected to decline, sales compared with July of 2012 are expected to be significantly higher. For the full year, the…
courtesy of Daimler Global MediaWhat makes a car appealing to buyers? According to a recent J.D. Power report, consumers know what matters and vote with their wallets. A more appealing car commands a…
Courtesy Chrysler Group LLCChrysler posted modest results. While the numbers showed some progress, they also indicate that the company is not a viable competitor to its much larger rivals. The company announced that…
Courtesy Volkswagen AGThroughout the recession and the Chapter 11 filings that nearly destroyed General Motors Co. (NYSE: GM) and Chrysler, the ad industry lost one of its most important categories. Even Ford…
courtesy of General MotorsGeneral Motors Co. (NYSE: GM) reported second-quarter fiscal 2013 results before markets opened this morning. The automaker posted diluted earnings per share (EPS) of $0.75 on revenues of $39.1 billion.…
Paul Ausick July 24, 2013: U.S. equity markets opened higher this morning following upbeat estimates for eurozone flash PMI readings. In Asia, China’s PMI came in lower than expected, leading to more worries about…
ThinkstockGeneral Motors Co. (NYSE: GM) CEO Dan Akerson has not been the company’s leader long enough to speak with any authority about the history of the auto industry. Already considered naïve in many quarters…
ThinkstockIf the residents of the city of Detroit want to blame any person or organization for its Chapter 9 filing, they only need to look as far as the unions that controlled…
These are the top analyst downgrades, cautious research notes and stocks to sell from Wall Street for Tuesday, July 16, 2013. They include DaVita HealthCare, J.P. Morgan, Brinker International and Ford.
