10:28am ET
Cars and Drivers
The World’s Best CEOs
In the right hands, big turnarounds do happen. By Mark Gimein of The Big Money Once upon a time, there was a car company that was one of the world’s sickest. Its…
Douglas A. McIntyre
Companies
/Consumer Cyclical
General Motors Company
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GM Coverage
Page 184 Douglas A. McIntyre 3:59am ET
Cars and Drivers
The Humble Scooter: When Stimulus Packages Collide
As the government tries to dig the economy out of recession, the Administration is beginning to see that some of its stimulus packages are beginning to compete with one another. Congress and…
Douglas A. McIntyre 3:00am ET
Investing
Media Digest 5/11/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, Obama says his healthcare programs will save billions. Reuters reports that AIG (AIG) expects a long restructuring process. Reuters writes that Soros says the economic downturn trend is easing.…
3:01am ET
Investing
Media Digest 5/8/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, stress tests results will force ten banks to have to raise nearly $75 billion. Reuters reports that Toyota (TM) lost $6.9 billion and warned of more losses ahead. Reuters…
6:35am ET
Cars and Drivers
GM’s (GM) Losses Go Global And Market Share Collapses
GM (GM) lost money in the last quarter, a total of $6 billion. That it only lost that much is a testament to its successful cost control work. The company’s revenue dropped…
Douglas A. McIntyre 3:00am ET
Investing
Media Digest 5/7/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, GM (GM) is expected to post huge losses ahead of decisions about whether it will go into Chapter 11. Reuters reports that Obama is seeking budget savings due to…
4:57am ET
Cars and Drivers
Government Seems To Be Having It Way With Chrysler And GM (GM)
It appears that the creditors at Chrysler and GM (GM) may be running out of luck and time to get what they think is a reasonable payments for their investments. A federal…
Douglas A. McIntyre 2:55am ET
Investing
Media Digest 5/6/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, Bank of America (BAC) will have to raise billions of dollars. Reuters reports that a judge has approved a quick auction of Chrysler assets over the objections of creditors.…
5:09am ET
Cars and Drivers
GM (GM) Sales In China Up 50%, A Way For The Company To Raise Money
GM’s (GM) most valuable asset may be its operation in China. Sales at the division rose 50% in April to 151,084. The No. 1 US car company sold 173,007 light vehicles in…
Douglas A. McIntyre 2:59am ET
Investing
Media Digest 5/5/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, changes at Yahoo! (YHOO) are getting mixed reviews from employees. Reuters reports that ten banks could could have to raise new money after stress tests. Reuters reports that two…
4:47am ET
Cars and Drivers
Fiat Works To Become The Next GM (GM)
When GM (GM) was by far the largest car company in the world at the beginning of the decade it had vast operations in the US, Europe, Asia, and Latin America. The…
Douglas A. McIntyre 3:52am ET
Cars and Drivers
Chrysler Makes A GM (GM) Bankruptcy Harder
The Chrysler bankruptcy makes a bankruptcy at GM harder because the American consumer may only be able to deal with the Chapter 11 of one of its auto companies, particularly the one…
Douglas A. McIntyre 3:08am ET
Investing
Media Digest 4/2/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, if the big transportation bill does not pass states will miss out on funds for roads, bridges, and tunnels. Reuters reports that Buffett attacked bank “stress tests.” Reuters writes…
1:49pm ET
Cars and Drivers
April Car Sales: Worse For The Japanese Than Detroit (TM)(HMC)(GM)(F)
In a bit of a role reversal, the US light vehicle sales of the large Japanese car companies did worse than The Big Three for the month of April. But, no one…
4:03am ET
Cars and Drivers
Why Chrysler Doesn’t Matter
By the time Chrysler filed for Chapter 11 yesterday, it was no longer a large American company. Although the firm is private, most estimates are that the No.3 US car company may…