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Uncle Scrooge
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I hail from the city of Como, northern Italy, well known for its beautiful lake. I began investing in 1999 as a speculator, with modest results. After reading many books on the matter, I now consider myself a value investor with a long term horizon. Besides investing I also enjoy playing chess... More
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  • GM's Chevy Volt Is The European Car Of The Year 2012 0 comments
    Mar 5, 2012 9:31 AM | about stocks: GM
    It has just been announced that GM's (NYSE:GM) Chevrolet Volt / Opel Ampera has been selected as the European Car of The Year 2012, the most prestigious automotive award in Europe.
    The voting jury consists of motoring journalists from publications throughout Europe; representation from each country is based on the size of the country's car market and car manufacturing industry. The jury for 2012 consisted of 59 members from 23 countries.
    This is a great achievement that can contribute to impart new vigor on the Chevy Volt sales and bring back luster to GM's European brand Opel. This may also help GM reconsider its decision to suspend the Volt's production at their Hamtramck, MI, production facility.

    Disclosure: I am long GM.

    Stocks: GM
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