Search Results for: GM
GM (GM) revised its outlook for US car sales in 2008 down to 15 million. But, results moved the shares up 5%. GM revenue dropped less than 1% to $42.7 billion. Auto earnings before 2007 adjustments...
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According to Bloomberg, GM (NYSE: GM) has a 113 day supply of trucks. That is well above the 60 days that most industry analysts believe is ideal. Strikes have closed some companies which supply GM...
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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% share of the US market. Based on November numbers,...
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After seeing its June sales in the US fall 21% and its marketshare here fall to an all-time low, GM (GM) picked up some sales in Europe. GM’s Europe sales in June rose over 10% to 215,000 and...
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GM (GM) did not lose 25% to 30% of its sales in August when the numbers were compared to last year. It was less bad than that. The company reported a 20.3% fall in August U.S. light vehicle sales to...
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Maybe GM ran out of gas as 2006 closed. The stock was up over 50% for the year, but has sold off recently. It could be a breather, or it could be the end. While Toyota is burying GM in the US, there...
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GM’s (GM) US sales fell 22% during July to 320,935. Car sales fell 26% and light trucks were off by 19%. At about the same time that GM announced its results Ford (F) said that it would...
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GM (GM) will celebrate its 100th birthday by offering incentives and losing more money on each vehicle.According to Reuters, "GM had scheduled briefings for U.S. dealers, representing all of its...
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The latest big idea to help save the American auto industry is an old one–merge GM (GM) and Chrysler. It is a road the companies have been down before, but they are so desperate now that any idea...
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GM (GM) was upgraded from "neutral" to "buy" early this morning. Over the weekend, 24/7 ran a piece on why shares in the automaker might hit $40. Sponsored: Want to Retire Early?...
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Are short sellers hitting GM? The stock has been off as much as 20% today and has traded as down to $5.41. The shares have not been that low since 1951. The auto company did say that its sales in...
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Toyota (TM) wants GM (GM) to go out of business. Then the Japanese car company could take the No.1 market share position in America, perhaps over 25%, and make a fortune when the consumer gets back...
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Consider this. Since late December 2005, GM’s (GM) stock has doubled to about $38. With all of the excitement about the sale of Chrysler, Daimler’s (DCX) stock is up 80%. Ford (F) and...
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GM (GM) does well in China, but based on the company’s dire situation in North America, it is going to have to do a lot better in the world’s most populated country and other very large emerging...
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General Motors Corp. (NYSE:GM) is trading down sharply after disclosing huge charges last night. The auto giant posted $43.1 Billion in quarterly revenues GM does note that ongoing...
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