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0Official: Ford reinstates dividend, first one in half-decade 1323376140
In another sign of its success, Ford has announced that it will be paying out a quarterly dividend, the first time it will do so in over five years. The five-cents-a-share dividend will begin on March 1, 2012. According to The Detroit Free Press, the move will cost Ford about $200 million per ...
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Report: CEO Akerson buys 10,000 more shares of GM stock amidst fears of recession 1313076480
The past couple of weeks have been incredibly difficult for the stock market, with some of the largest drops in the history of the Dow. And even though Ford and General Motors recently posted massive second quarter profits, domestic auto shares are indeed taking a beating. In fact, GM stock has ...
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Report: Montezemolo denies Ferrari IPO 1311344940
Fiat has gone from a local automaker to a major industry powerhouse in a relatively short span of time, increasing its own market stake while taking over Chrysler to expand its global reach. But something's gotta give, figured the industry analysts, leading to speculation that one of its most ...
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Treasury aims to sell GM shares early 1298660520
According to The Detroit News, the United States Treasury Department is planning on quickly eliminating its shares of General Motors stock rather than trying to maximize the government's return on its investment. The news comes from Austan Goolsbee, chairman of the Council of Economic Advisors, who ...
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Williams F1 team considering IPO stock issue 1295877420
Rubens Barrichello tests the Williams FW32 with new Pirelli tires at Yas Marina Circuit in Abu DhabiWhat's the best way to make a small fortune in Formula One? Arrive with a large one. Williams has another idea though, and it's a radical one in the field of motor racing: The British outfit may ... -
Will GM's EV policy be dictated by the success of its IPO? 1287772200
2011 Chevrolet Volt – Click above for high-res image galleryGeneral Motors is getting closer to the day it takes that financial plunge and once again offers its stock to the world. The day of the IPO, which is speculated to occur in November, will be a very important day for the future of ... -
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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Daimler agrees to give up remaining stake in Chrysler 1240871520
Hot on the heels of the Chrysler's tentative deal with the UAW to cut the automaker's VEBA obligations, Daimler AG has announced it's finally reached an agreement to unload its remaining stake in Chrysler. According to Daimler's release, the company's 19.9% stake in Chrysler will be redeemed and ...
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GM stock takes 24% hit after analyst report 1226361660
With General Motors dropping its $2.5 billion bomb on Friday, analysts, brokers and the public at large were waiting until today to see where the General's stock price would end up. At the end of the day, it's hovering around $3.36 a share, up from this morning where it hit $3.04, or four pennies ...
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Texas dealers offers 50 GM shares to GM vehicle buyers 1224278880
Two brothers that own dealerships in Texas peddling the General's wares decided that the best way to combat the inevitable depreciation inflicted on their customers is to give them 50 shares of GM stock.The promotion involves the first 100 buyers (for GM's 100-year anniversary) and 5,000 shares in ...

