Summit Notebook

U.S. sales of domestically produced light vehicles

By Reuters Staff
September 19, 2008

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A slowdown in U.S. construction, tight credit market conditions and weak consumer confidence have contributed to the overall slump in U.S. auto market over the past three years. Many analysts believe the industry will not see significant recovery in 2009.  — Datastream and Thomson Reuters Proprietary Research

Automaker stocks underperform

By Reuters Staff
September 19, 2008

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Share prices for GM and Ford – the only components in the S&P 500 Auto index – have been underperforming the broad market for the past four years as sales began to slump and both automakers started to slash costs and cut costs — Source: S&P, Thomson Reuters Proprietary Research

Audio – Not just a U.S. problem

September 17, 2008

buzz1.jpgThe problems at U.S. automakers have many obvious effects on the national, state and local economies in the United States, but those effects are felt in Canada as well and they have left one long-time industry observer fearful.

Audio – Why help Detroit?

September 17, 2008

tim1.jpgAs with most issues, there are two sides to this one as well. and both were heard this week at the Reuters Autos Summit in Detroit.

Audio – Fritz Henderson: Raw!

September 17, 2008

henderson2.jpgOK, that headline might be a little bit misleading for a posting about the difficulty of predicting raw materials prices, but it catches the eye.

Audio – But who knows where or when …

September 17, 2008

mulally4.jpgIt’s an old song of course, made famous during World War II, but the sentiment rings true for the U.S. auto industry these days.

Audio – Liking that “first-mover” status

September 16, 2008

brown1.jpgAdriane Brown,  president and chief executive of Honeywell Transportation Systems, has had a pretty good year.

Audio – Sad September

September 16, 2008

zuchowski1.jpgUsually, when an automotive executive speaks to a group of reporters (hard-edged though we might all think we are), there’s a lot of nodding, maybe some typing or note-taking or positioning to get that next good question in.

Audio – Sure, we like leasing!

September 16, 2008

lentz1.jpgIf there’s been something most of the guests have discussed this week at the annual Reuters Autos Summit, it’s been leasing.

Audio – Watch your wallets!

September 16, 2008

ron2.jpgUnited Auto Workers head Ron Gettelfinger has been around long enough to know that sometimes things can change very quickly.