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.
These are the top analyst upgrades, downgrades and initiations from select Wall Street research calls on Tuesday, July 16, 2013. They include Baidu, Citigroup, GM, Ford and Yum! Brands.
ThinkstockJune car sales in the European Union prove two things. First, that the recession in the region continues to cripple auto registrations at an extraordinary rate. And second, that it is time…
Courtesy Boeing Co.The analysis of fires on Boeing Co.’s (NYSE: BA) 787 has shifted from what they mean to aircraft sales onto carriers and the confidence those carriers have in its safety…
ThinkstockWhite-hot car sales in China have slowed considerably and no longer outpace the percentage rise in the United States by much. Auto sales in the People’s Republic were up by 11.2% in…
Douglas A. McIntyre Courtesy Volkswagen AGSeveral car companies posted strong sales in June, and for the first half, but two manufacturers have turned out to be losers. As the industry recovers sharply, neither has managed…
courtesy of Leonid Mamchenkov, via WikimediaJust over a decade ago, Sony Ericsson was one of the hottest cell phone makers in the world. Similarly, Cingular was one of the most popular wireless…
July 2, 2013: U.S. equity markets opened a bit lower this morning following yet another ultimatum to Greece to prove that it can pay up or else no more loans. There was…
courtesy of General MotorsAutomaker General Motors Co. (NYSE: GM) said today that June automobile sales rose 6.5% this year, compared with June of 2012. The company sold a total of 264,843 vehicles…
