All Posts Tagged With: "GM"
(MS) Facebook Public Trading Debuts Today on NASDAQ
Online social networking mogul Facebook (FB) is scheduled to start trading on the Nasdaq Stock Market today at around 11.00 a.m. Yesterday, its much-hyped initial public offering (IPO) yielded approximately...
(GM) General Motors Buys Back Stake in China Joint Venture
General Motors Co. (GM) plans to buy back the 1% stake in its Shanghai GM joint venture in China with Shanghai Automotive Industry Corporation (“SAIC”). The automaker sold the stake to SAIC in 2010...
(AN) AutoNation Posts Sales Increase of 15%
AutoNation Inc. (AN) posted a 15% increase in new vehicle sales to 25,489 units in March 2012 compared with the same month in the previous year. The company recorded improvement in sales in all of its segments.
Sales...
(GM) Steel Industry Stock Outlook – March 2012 – Industry Outlook
About the Industry
The steel industry can well be termed the backbone of modern society considering steel’s varied uses, be it in construction, transport, electrical appliances, food packaging and the like. In terms of its composition, steel is an...
(GM) Auto Industry Stock Outlook – Review – March 2012 – Industry Outlook
The auto industry is highly concentrated. The top-10 global automakers account for roughly 80% of the worldwide production and nearly 90% of total vehicles sold in the U.S.
In January-February 2012, General Motors Company (
21Mar2012 | vitalstocks | Comments Off | Continued(F) Ford Europe Predicts Heavy Loss
Ford Motor Co. (F) revealed that it is likely to lose between $500 million and $600 million in 2012 in the 19 European markets covered by the automaker owing to the ongoing debt crisis in the region. The figure...
(AN) AutoNation Beats Expectations – Earnings Rise 13%
AutoNation Inc. (AN) saw a profit of $71 million or 51 cents per share in the fourth quarter of 2011 compared with $68 million or 45 cents per share in the comparable quarter of 2010 (excluding debt refinancing...
(F) Ford Motor Misses Earnings – Revenues Up 6.5%
Ford Motor Co. (F) posted a 34% fall in profit to $797 million or 20 cents per share (before special items) in the fourth quarter of 2011 from $1.20 billion or 30 cents per share (before special items) in the...
(AN) AutoNation Driven By Luxury Brand Sales
AutoNation Inc. (AN) revealed an 11% rise in new vehicle sales to 24,342 units in December last year, mainly driven by strong sales growth in its Premium...
(F) U.S. Auto Industry Sees Best Year Since 2008
Light vehicle sales in December 2011 rose 9% to seasonally adjusted annual rate (SAAR) of 13.6 million units, driven by low interest rates (below 3%), easier credit standards, decreasing unemployment rate and pent-up demand...
(F) Auto Sales to Reach Three-Year High
According to an industry research report by TrueCar.com, light vehicle sales in the U.S. (including cars, trucks and sports utility vehicles/SUVs)...
(MGA) Magna International to Open Solar System Plant
Magna International Inc. (MGA) revealed that its body and chassis systems operating unit, Cosma International, would open a solar component manufacturing facility in Phoenix, Arizona that will strengthen its...
(TM) Toyota Motor Trims Earnings Outlook
Toyota Motor Corp. (TM) has sharply cut its earnings outlook for the fiscal year ending March 31, 2012 due to a strong yen and severe flooding in Thailand that disrupted its parts supply chain.
The automaker...
(F) U.S. Auto Industry – Pent-Up Demand or Recovery?
Despite uncertainties in the market, consumers did not step back from the automobile showrooms in November as they felt the ardent need to change their old cars in the garage. Why wouldn’t they be, when the average age of vehicles on U.S. roads is almost 11 years and used...
(GM) Auto Industry Stock Outlook and Review – December 2011 – Industry Outlook
The auto industry is highly concentrated. About 10 global automakers account for over 77% of the production worldwide and 13 automakers account for more than 90% of total vehicles sold in the U.S.
In the first 10 months of 2011, General Motors Company...
(TM) Toyota Motor Takes Orders for Prius Plug-In Hybrid Vehicle
Toyota Motor Corp. (TM) has started taking orders for its much awaited plug-in version of Prius hybrid car that comes with an excellent mileage and affordable price. The automaker will start delivering the...
(GM) Steel Industry Stock Outlook – November 2011 – Industry Outlook
Overview
The World Steel industry is rather concentrated in structure, with a few producers accounting for the lion’s share of sales.
Steel products are classified into four broad categories: flat steel products, long steel products, scrap...
(AXL) American Axle & Manufacturing Holdings Analyst Maintains Neutral
We are maintaining our Neutral recommendation on American Axle & Manufacturing Holdings, Inc. (AXL). American Axle is a leading supplier of driveline systems, modules and components for the light vehicle...
(AIG) TARP Continues to Recover Funds
The Treasury has added $12.2 million to its kitty by selling warrants in 17 Troubled Asset Relief Program (TARP) banks that have already repaid the bailout money. This indicates that the Treasury is clutching every opportunity to recoup the cost of the $700 billion bailout...
(BKYF) U.S. TARP Becomes More Profitable
With the reimbursement of $210 million of bailout money by Bank of Kentucky Financial Corp. (BKYF) and First Midwest Bancorp Inc. (FMBI),...
(SUP) Superior Industries International Analyst Maintains Neutral on Shares
We maintain our Neutral recommendation on Superior Industries International Inc. (SUP). Headquartered in Van Nuys, California, Superior Industries is one of the world’s largest designers and manufacturers...
(F) Ford Motor Plans Layoffs in Europe
Ford Motor Co. (F) plans to layoff 4,000 workers at its Valencia, Spain assembly plant for 39 days between January and October in 2012 in response to weakening demand for cars in Europe on the back of the ongoing...
(GM) Metals and Mining Stock Outlook – November 2011 – Industry Outlook
Overview
The Metals & Mining industry encompasses the extraction (mining) as well as the primary and secondary processing of metals and minerals such as aluminum, gold, precious metals, coal and steel. The industry is oligarchic in structure, with...
(TM) U.S. Sees Best October Auto Sales
Light vehicle sales in the U.S. rose 7.5% to 1.02 million units during October, the best since October 2007, driven by strong sales of sports utility vehicles (SUVs) and trucks. At seasonally adjusted annualized rate, sales increased 8% to 13.3 million units from 12.3 million...
(F) Ford Motor May Reinstate Dividend
Ford Motor Co. (F) is considering reinstating dividend payments for its shareholders as the company expects to benefit from labor efficiency improvements resulting from the newly ratified 4-year contract with...
(F) Ford Motor Workers Ratify UAW Contract
Workers at Ford Motor Co. (F) have ratified the proposed 4-year agreement with United Auto Workers (UAW). The deal covers 41,000 Ford workers in the U.S.
Under the ratified deal, most of the Ford workers...
(AN) AutoNation Analyst Maintains Neutral on Shares
We have retained a Neutral recommendation on AutoNation, Inc. (AN). We appreciate the company’s optimal brand and market mix, which is pushing up new vehicle sales as the market revives. However, we are concerned...
(F) Ford Motor and General Motors See 5% Growth in China
Both Ford Motor Co. (F) and General Motors Co. (GM) have predicted that automobile sales in China will grow about 5% in 2011. GM revealed that...
(EIA) 25-Year Outlook for Liquid Energy
by David Fessler, Investment U Senior Analyst
(GM) Standard & Poor’s Lifts General Motors Ratings
Ratings agency Standard & Poor’s (S&P) raised its corporate credit rating on General Motors Co. (GM) by two notches to BB+ from BB- as its workers recently ratified a 4-year contract with the United...