-
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.
-
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.
-
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.
-
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.
-
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.
-
By Craig Trudell, Bloomberg |
December 3, 2012
Ford Motor Co. and Nissan Motor Co. reported November U.S. light-vehicle sales gains that exceeded estimates as the industry benefited from buyers returning to showrooms after Hurricane Sandy a month earlier.
-
By Alex Kowalski, Bloomberg |
November 14, 2012
Retail sales in the U.S. fell in October for the first time in four months, influenced by the effects of superstorm Sandy, which hurt receipts for some and helped for others.
-
By Canaccord Genuity Morning Coffee |
August 3, 2012
GM reported a 41% decline in its second-quarter profit although a smaller-than-expected loss in Europe helped the company beat analyst expectations.
-
By Canaccord Genuity Morning Coffee |
June 4, 2012
The auto industry’s recovery maintained a steady pace in May with GM, Chrysler and Ford posting double-digit sales growth.
-
By Canaccord Genuity Morning Coffee |
May 17, 2012
Shares of GM received a boost after Warren Buffett’s Berkshire Hathaway (BRK.A) disclosed it bought 10 million shares in the largest U.S. automaker in the first quarter.
