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0Report: Romney vows to dump federal stake in GM quickly 1338910320
With a multi-volume list of issues that a presidential hopeful could discuss, we aren't sure why Mitt Romney keeps circling back to the auto industry bailouts, but here we are again. He's lately swinging his stick at the U.S. Treasury Department for not having sold its 26.5-percent stake in ...
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Report: GM says Facebook ads not effective, pulls campaign ahead of IPO 1337178420
The Internets are buzzing over the upcoming initial public offering of Facebook, but General Motors doesn't seem all that impressed. The Huffington Post reports that The General has pulled its Facebook ad campaigns just days before the social media site is scheduled to officially hit the stock ...
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Report: GM stock price leads to greater estimate of losses on bailouts 1328108340
The "Government Motors" crowd isn't going to be happy about this: The Detroit News is reporting that the U.S. Treasury now says it has lost an extra $170 million in the auto industry bailout. The culprit? The declining price of General Motors stock. According to the report, GM's stock crested at ...
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Report: GM leads worst performing auto stocks of 2011 1325604540
In spite of General Motors standing poised to retake the top sales spot, Chevrolet perhaps breaking its all-time sales record, and an anticipated Buick and two new Cadillac models coming, GM's stock price got beat like a goat in 2011. On January 2, 2011 the stock traded at $37.06, on January 2, ...
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Report: Harley-Davidson issuing stock dividend 1284822480
Despite its recent financial woes and a bout with organized labor, Harley-Davidson is actually paying out dividends this quarter. If you happen to own some of the company's common stock, you can expect to see a check in the mail for around ten cents a share. That's not exactly money to retire on, ...
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REPORT: Spyker stock soars on word of Saab sale reconsideration 1261422060
Here's the skinny: Saab isn't totally dead yet. As the weekend showed, there's (a little) hope for both Saab and its Dutch suitor, Spyker. As our man Ramsey laid out yesterday, Spyker submitted a renewed eleven-point plan to General Motors that they (Spyker) hopes will allow them to take ...
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GM to follow Ford and restructure its restructuring 1212083940
Following a slew of labor problems including the American Axle strike that cost an estimated $2 billion, General Motors is restructuring to accommodate the declining U.S. auto market. Following the lead of Ford and Chrysler, the move will likely include further cost cutting and layoffs, as ...
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Ford cuts dividends, reduces board member fees 1152838560
Ford Motor announced Thursday that it is cutting its dividend in half, and reducing the fees paid to board members. While chief executive Bill Ford Jr. stated that the move was intended to strengthen the company's liquidity position during its ongoing restructuring, analysts believe the measure is ...

