Want an autos buy? There’s a better deal coming, he says. Plus get trades on Obama’s push for more wireless spectrum and more.
Tesla, the high-end electric carmaker has expanded the number of shares it will offer when its stock starts trading this week. The company will now issue 20 % more stock at a price of $14-16 a share. All part of the Tesla plan to raise about $200 million.
The U.S. government has already spent billions on electric car programs and has publicly stated that it would like to see one million electric or hybrid vehicles on U.S. roads by 2015. That’s a terrific goal. Now, our leaders must create the infrastructure – not just for those million vehicles, but the 10, 20 and 30 million vehicles that will follow.
Next week the country's largest automaker and one its smallest will both be scrutinized by Wall Street and investors.
European companies that export their goods are sure bets for investing, two fund managers told CNBC Thursday.
China is going through the labor unrest and growing pains that you would expect in a country that pass up the U.S. in auto sales last year. In the last two months there have been strikes and labor unrest at different auto plants in China. Compared to some of the doozies in the past here in the U.S., these are mild. But I suspect this is just the beginning.
For years people have derisively said, "oh that's a chick car" when describing a certain model supposedly favored by women. Whenever I would hear people in the auto industry use this term, I'd think to myself, "Talk about making a broad, often incorrect generalization."
It's ok to admit it. It's ok to say that you are skeptical of the J.D. Power report that the Big 3 have passed up foreign automakers when it comes to quality. There are more than a few of you out there who e-mailed me last week to say that you aren't buying it.
These energy-conscious companies have fared well this year and continue to attract portfolio mangers' interest.
There are reports out of Japan that Toyota is setting a target of cutting prices 30% by 2013 in a strategy shift designed to keep up with hard charging competitors Volkswagen and Hyundai.
Deflation is the economy's version of a vicious cycle. As prices fall, so do wages and profits. Demand, consumption and production also fall. Jobs are cut. Consumers put off purchases . The negative forces feed off of each other.
For the first time ever, the J.D. Power Initial Quality Study has found America's automakers build new models with fewer problems than their foreign competitors.
Most General Motors' U.S. plants will forego traditional summer shutdowns to help meet buyer demand for popular models, the automaker said Thursday.
Today's six stocks worth watching.
Despite a woeful track record in the U.S. In the last ten years, they haven't given up on winning over Americans. In fact, the folks at VW believe they can eventually sell a million vehicles here in the U.S. It's an ambitious goal for a company that sold roughly 300,000 (including it's luxury line Audi) here last year.
Plus, get Cramer's take on BP, Teva Pharma and more.
They're all increasing production. Building more cars and trucks, gearing up for what we've been told to expect: a steady increase in auto sales. But increasingly, there are indications we may not see a summer surge.
When Ford CEO Alan Mulally joined me on "Squawk Box" Friday for an extended conversation about where the Blue Oval is today and where it's headed, he didn't shy away from proclaiming the Lincoln brand must provide a true world class experience for buyers.
Bye-bye, indeed, Miss American Pie. If General Motors has its way, you won’t be driving your Chevy to the levee ever again.
Looking for a good chuckle? Read the New York Times article from today outlining how GM sent a memo to employees suggesting they stop saying Chevy when referring to Chevrolet.