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By Lu Wang and Sonja Elmquist, Bloomberg |
June 5, 2013
Alcoa Inc.’s speculative-grade credit ranking at Moody’s Investors Service makes it only the second junk-rated Dow Jones Industrial Average company in at least three decades. It took four years for the first to be ejected.
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By Nikolaj Gammeltoft and Tim Higgins, Bloomberg |
June 4, 2013
General Motors Co., four years after being kicked out of the Standard & Poor’s 500 Index, will heal another wound of the financial crisis when it rejoins the benchmark gauge for American equities this week.
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By Craig Trudell, Bloomberg |
February 28, 2013
New car buyers, shunned by lenders just four years ago, now are benefiting from historically low interest rates and more-available credit, pacing a U.S. auto market that is hovering near pre-recession levels.
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By Craig Trudell, Bloomberg |
February 1, 2013
Ford Motor Co., General Motors Co. and Chrysler Group LLC reported January vehicle sales gains that topped estimates, as the U.S. auto market begins a fourth consecutive year of growth with buyers returning to showrooms.
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By Craig Trudell and Keith Naughton, Bloomberg |
January 28, 2013
When Ford Motor Co. posts fourth- quarter results tomorrow, the numbers probably won’t look great, likely the lowest operating profit of the year. Those figures mask the optimism coming from an unlikely place: Europe.
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By Tim Higgins, Bloomberg |
January 9, 2013
General Motors Co., armed with new products such as a redesigned Chevrolet Silverado pickup, should see “modest” U.S. share growth this year after falling to an 88-year low in 2012, Chief Executive Officer Dan Akerson said.
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By Craig Trudell, Bloomberg |
January 3, 2013
General Motors Co., Ford Motor Co. and Chrysler Group LLC posted December U.S. vehicle sales gains that exceeded analysts’ estimates, completing a year of surprising growth that helped propel the country’s economy.
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By Craig Trudell, Bloomberg |
January 2, 2013
U.S. light-vehicle sales probably rose in December to wrap up a three-year run unrivaled in almost four decades as consumers replaced cars and trucks that are, on average, the oldest ever on the nation’s roads.
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By Craig Trudell, Christian Wuestner and Mathieu Rosemain , Bloomberg |
September 27, 2012
General Motors Co. said Europe’s car industry will remain unprofitable at current vehicle pricing levels, while Volkswagen AG said some competitors are at risk of going out of business without state aid.
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By Canaccord Genuity Morning Coffee |
September 5, 2012
American automakers reported their August sales numbers, with gains topping expectations as auto sales continue a slow and steady recovery.
