from Over-Gaffenated:

MORNING BID – Motor City Madmen

October 1, 2014

One of the day’s biggest indicators will be monthly auto sales figures, at a time when the major U.S. automakers are seeing notable weakness in their equity prices. We’re waiting on insights from General Motors as they hold an analyst day and after Ford warned that its profits would fall short of expectations for 2014 and 2015 thanks to bigger recall costs in North America and bigger losses in South America and Russia. It’s tempting to go after the world weakness – be it Brazil, Russia, Germany or what-have-you – as that which ails the likes of a big automaker like Ford, and certainly the lackluster demand there isn’t going to help anybody.

from Counterparties:

MORNING BID – The economic state of things

August 1, 2014

The jobs report takes a bit of heat off of Thursday’s selloff, which was predicated in part on some nonsense out of Europe and more importantly some kind of growing consensus that the economy is getting hot enough that it might force the Federal Reserve to start raising rates a bit earlier than expected, given a sharp and unexpected rise in the employment cost index on Thursday. And while it’s fair to suggest the stock market has gotten a bit ahead of itself when the Fed is rapidly moving toward the end of its stimulus policies, it’s also possible that stocks have gotten ahead of themselves for a far more prosaic reason – the economy isn’t strong enough to support the kind of valuations we’re seeing in equities right now.

from India Insight:

VIDEO: India’s auto sector and budget expectations

July 9, 2014

India's automobile sector may have been dented by negative sales for two straight years, but the Society of Indian Automobile Manufacturers (SIAM) is hoping to see an uptick in sales this fiscal year.

from Counterparties:

MORNING BID – Of bubbles and evaporating weather troubles

April 1, 2014

There seems to be a battle in the market between those who believe stocks are in, or are nearly in, a bubble (that should remind investors of 2007, 2000, or another time when the market was significantly overvalued), and those who believe all is well, things may be a bit frothy but hang in there - that kind of thing.

from Expert Zone:

Will the rate cut boost auto sales?

By Abdul Majeed
April 26, 2012

(The views expressed in this column are the author's own and do not represent those of Reuters)

from DealZone:

The Great American IPO?

June 11, 2010

GMWe (the taxpayers)  paid some of the $50 billion to bail General Motors out of its bankruptcy misery last year.  Now, the former American industrial icon is going to launch one of the biggest U.S. IPOs  of the decade.

from DealZone:

DealZone Daily

January 25, 2010

Italy's Ferrero has ruled out a rival bid for Cadbury Plc, clearing the way for Kraft Foods to complete its 11.7 billion-pound ($18.9 billion) proposed takeover of the British confectioner. Fellow chocolate maker Hershey has already said it has no intention of bidding for Cadbury, so with Nestle already ruled out, Kraft appears on course to complete its recommended bid by the deadline of February 2.

from Rolfe Winkler:

Car sales down post Cash 4 Clunkers

October 1, 2009

Car sales dropped sharply in September, after the Cash 4 Clunkers program expired. Sales compared to August were...

from From Reuters.com:

The day ahead: Thursday

September 30, 2009

Consumer spending is in the spotlight with U.S. auto sales and personal income and outlays data expected.

from DealZone:

The View From The Dealer Floor

September 23, 2009

Major automakers don't sell cars to American consumers; they sell to dealers. And the biggest U.S. dealership chain by a wide margin is Fort Lauderdale, Florida-based AutoNation, which sold over 440,000 new and used vehicles last year.