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Record Auto Sales Fueled By Debt, Likened To Subprime Mortgage Market By Regulators
Friday, January 8, 2016 - 10:44am | 360Read More...U.S. auto sales hit a record-high 17.47 million in 2015, and industry leaders Ford Motor Company (NYSE: F) and General Motors Company (NYSE: GM) appear to be firing on all cylinders heading into this year’s Detroit Auto Show. However, the percentage of vehicles requiring financing has been...
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Kelley Blue Book Just Appraised The Detroit Auto Show
Monday, January 26, 2015 - 3:00pm | 489Read More...The Detroit Auto Show, which wrapped up on January 25, put a premium on showcasing vehicles with wide profit margins and hot markets, analysts at Kelley Blue Book said. The Irvine, California-based company, which compiles prices on new and used vehicles, said U.S. automakers are confident in...
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Barclays: General Motors 'Ain't Got No Respect'
Thursday, January 15, 2015 - 10:43am | 229Read More...Brian Johnson of Barclays on Thursday commented that General Motors Company (NYSE: GM) “ain't got no respect” and that shares of General Motors has been among the most “surprising” reaction among companies present at Detroit's North American International Auto Show...
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Resurgent Detroit: 5 Things To Check Out In The Motor City In January
Friday, January 9, 2015 - 4:10pm | 1060Read More...In anticipation of Benzinga’s headquarters moving to the heart of Detroit, we’ll be putting out a monthly series highlighting new establishments and exciting things going on in what will be our new home. In honor of the new year and a new world for post-bankruptcy Detroit, Benzinga...
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Goldman Sachs: Aerospace And Automotive Demand 'Game Changer' For The Steel Market
Tuesday, February 11, 2014 - 12:59pm | 1946Read More...Analysts at Goldman Sachs on Tuesday released a specialty report on steel. The analysts, led by Sal Tharani said that a growing demand from the automotive and aerospace industries will change the composition of the steel market. “We believe gradual conversion of automotive exposed body to...
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Market Wrap For January 15: Bulls Take Over As Economic Growth Remains Healthy
Wednesday, January 15, 2014 - 5:45pm | 2827Read More...The market picked up where it left off Tuesday and recorded a second straight day of strong gains. The Dow posted a triple digit point gain while the S&P 500 and Nasdaq all gained as the Federal Reserve's Beige Book indicated that economic growth remained healthy in most U.S. regions. The...
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General Motors Revs Ups Its Engines At Detroit's Auto Show
Wednesday, January 15, 2014 - 3:52pm | 1012Read More...General Motors (NYSE: GM) is taking central stage at the North American International Auto Show with a plethora of news announcements. Dividend announcement: investors should share in success On Tuesday evening, General Motors announced that the company will issue a $0.30 quarterly dividend...
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Market Wrap For January 14: Markets Rebound On Earnings Season Kickoff
Tuesday, January 14, 2014 - 6:19pm | 2515Read More...Major indices reversed Monday's losses and posted strong gains following a better than expected retail sales report and a luke-warm start to earnings season. Related: Stocks Higher, But Dollar Indecisive After Retail Sales Release Philidalphia's Fed chief Charles Plosser said that he wants QE...
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Detroit Auto Show Unveilings Underscore Auto-Makers' Retooling Efforts
Monday, January 13, 2014 - 3:59pm | 744Read More...The North American International Auto Show (NAIAS) got off with a bang on Monday, as the media was offered its first glimpse of some spectacularly new vehicles. And amid the super-hyped roll-outs, the fashion models, rock music played at ear-bleed levels and a babble of Japanese, French, German...
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Auto Industry Revs Up For NAIAS In Detroit
Thursday, January 9, 2014 - 2:12pm | 767Read More...The holidays may be over, but the auto industry is acting like Christmas is on the way – as they prepare to unwrap dozens of new vehicles at the upcoming North American International Auto Show (NAIAS) in Detroit. Last year's NAIAS had 71 vehicle debuts, including 61 worldwide unveilings. After...
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Ford Expected to Unveil Aluminum-Bodied F-150
Wednesday, December 25, 2013 - 1:38pm | 665Read More...It appears what's been rumored for the past several months is indeed about to come to pass; that Ford (NYSE: F) is preparing to unveil an aluminum-body version of its best-selling F-150 pickup truck next month at the Detroit Auto Show. Back in July, Motor Trend said Ford was “on a mission to...
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Bank of America Reiterates Buy on Delphi Automotive after Detroit Auto Show Presentation
Wednesday, January 11, 2012 - 2:41pm | 156Read More...Bank of America has published a research report on Delphi Automotive (NYSE: DLPH) commenting on the company's presentation at the 2012 Detroit Auto Show. In the report, Bank of America writes, "In our view, Delphi has many attractive attributes, including a strong balance sheet and solid growth...
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Citigroup Maintains Buy on Ford After Detroit Auto Show
Tuesday, January 10, 2012 - 1:39pm | 191Read More...Citigroup has published a research report on Ford Motor Company (NYSE: F) after attending Detroit's Auto Show. In the report, Citigroup writes, "Ford highlighted its key global segment products, including the recently launched Fiesta and Focus in the B and C segments, as well as the Fusion/Mondeo...
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TM To Start Selling All-Electric Vehicle In 2012
Monday, January 11, 2010 - 3:24pm | 134Read More...Toyota Motor Corp (NYSE: TM) will start selling its all-electric vehicle in 2012. The Japanese automaker is pushing forward with alternative technologies and making moves towards its commitment to gas-electric hybrid engines. TM is also planning to start selling hydrogen-fuel-cell vehicles in 2015...
