Nov. 28, 2014, 11:05 AM
- Automobile stocks are higher as a group after oil prices slide.
- General Motors (NYSE:GM) is up 2.3% and Toyota is 1.1% higher, while shares of Ford (NYSE:F) are just poking out a modest 0.1% gain.
- There's some concerns that Ford's big bet on aluminum loses some of its relevance if gas prices shoot lower.
- Daimler (OTCPK:DDAIF) and BMW (OTCPK:BAMXY) are both beating broad market averages with +1% gains.
- EV automaker Tesla Motors (NASDAQ:TSLA) is down 2.1% on the day.
Sep. 19, 2012, 2:30 PMIn the zero-sum game of auto sales, General Motors (GM +1.5%) and German automakers such as BMW (BAMXY.PK) and Volkswagen (VLKAY.PK) could benefit from the wave of anti-Japan protests across China, while Honda (HMC +1.9%), Toyota (TM +1.0%), and Nissan (NSANY.OB) suffer a loss of market share. The trio of Japanese automakers already reported attacks on dealerships and have cut production in the region. | 2 Comments
May. 7, 2012, 8:38 AMGeneral Motors (GM) increased sales in China 11.7% Y/Y in April, driven by strong results from microvan joint ventures with a pair of Chinese automakers. Cadillac sales showed disappointing results, falling 19.7% even as rivals BMW (BAMXY.PK) and Volkswagen's Audi (VLKAY.PK) saw healthy sales gains for their premium lines. Shares of GM -1.1% premarket. | Comment!
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