6:14am ET
Cars and Drivers
Toyota (TM) Gets Better At Saving Money
Part of what was supposed to happen in Detroit this year was that the new UAW contract was going to lower costs for the Big Three. This would bring their cost to…
GM Coverage Page 224
6:40am ET
Investing
Renault Beats Out GM (GM) In Russia
GM (GM) was hoping to take a controlling interest in large Russian car maker Avtovaz to expand its footprint in the fast-growing market. Many analysts believe that Russian will pass all other…
Douglas A. McIntyre 9:38am ET
Cars and Drivers
A Big Recall For Chrysler, A Black Eye For Detroit (GM)(F)
Chrysler is recalling over 575,000 vehicles. According to Reuters "long-term wear on the gear shift assembly could cause them to shift out of park without the key in the ignition." The move…
4:31am ET
Investing
Short Interest For NYSE, November 30: Big Bets Against Financials, Tech
The November 30 short interest of NYSE traded stocks shows that the market is predicting a further drop in financial and tech stocks. The numbers compare to November 15, 2007. The short…
6:10am ET
Cars and Drivers
Debt Rating Companies Worry About Auto Industy, Again
The new cost cuts at GM (GM) and Ford (F) are not going to help them with their debt service. Cash flow will be hurt by a combination of lower US car…
4:15am ET
Media
Media Digest 12/5/2007 Reuters, WSJ, NYTimes, FT, Barron’s
According to Reuters, OPEC will probably keep oil output at current levels. Reuters writes that a goverment plan to help sub-prime borrowers will probably freeze their rates for five years. Reuters writes…
6:47am ET
Cars and Drivers
Merging GM (GM) And Ford (F)
Going back to 1962, GM (GM) sold half of all the cars bought in America. By 1981, it had only dropped to 45%. In 1999, the Big Three still had a 71%…
6:12am ET
Cars and Drivers
A China’s Chery Begins To Export Cars, Auto Companies Face New Competition
Ford (F) and GM (GM) said they would cut back production for 2008. Demand is just not there due to higher fuel prices and a slow economy. But, that is not the…
2:02pm ET
Cars and Drivers
GM (GM) Sales Tumble
GM’s (GM) shares sold off almost 5% on news that it sold 261,273 cars and light trucks in the United States in November compared to 293,558 vehicles a year earlier, an 11%…
Douglas A. McIntyre 8:04am ET
Investing
TOP 10 Pre-Market Analyst Calls (CBEY, DHT, GM, IACI, LVLT, NOV, ONXX, PDCO, TWTC, TIVO)
These are not the only analyst calls that are impacting key shares today, but these are the top ten that 24/7 Wall St. is looking at as impact events on their own:…
6:08am ET
Cars and Drivers
GM (GM) Goes Green In China
According to Reuters, GM (GM) will start to build a hybrid car in China. The problem is that, in a country where the government underwrites that price of gas, there is no…
Douglas A. McIntyre 4:12am ET
Investing
Media Digest 11/29/2007 Reuters, WSJ, NYTimes, FT, Barron’s
According to Reuters, GM (GM) will begin to build hybrid cars in China next year. Reuters writes that BHP Billiton (BHP) is insisting that a merger with Rio Tinto (RTP) will not…
7:19am ET
Cars and Drivers
GM (GM) Says November Sales In Line
Management at GM (GM) says that November sales are on track. With the stock at a 52-week low, that may be a relief for investors. And, it could cause the stock to…
Douglas A. McIntyre 6:22am ET
Cars and Drivers
What A Shame: Ford (F) Close To Selling Jaguar And Rover
Ford has world class management now, at least according to the company. It has a better deal with the UAW, which improves its balance sheet and will sharply improve its cost base…
4:06am ET
Media
Media Digest 11/21/2007 Reuters, WSJ, NYTimes, FT, Barron’s
According to Reuters, the Fed’s decision to make an October rate cute was a "close call." Reuters writes that Paulson said home loan defaults will be much higher in 2008. Reuters writes…