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Entries tagged "Ford"Dimon learns lesson from MullalyJamie Dimon's plans to allow Treasury to auction off J.P. Morgan Chase warrants is as shrewd a decision as Ford CEO Alan Mullaly's refusal of a government bailout. Hummer a rocky deal for Sichuan Tengzhong?Nationalism in Washington won't stop GM's sale of Hummer to Chinese industrial concern Sichuan Tengzhong, but patriotic fervor could limit sales. Large-cap auctions heat upDespite a quiet week for new listings, later-stage auctions saw plenty of action. When Ford almost bought BMWAfter BMW sold Land Rover to Ford Motor Co. (NYSE:F) nine years ago, rumors of a Ford-BMW merger surfaced. Automakers stall on Wall StreetTHe markets continue to slide. Today, investors were spooked by continuing auto sales declines. Deal Stocks: Auto investors are given lemons, but make lemonadeAutomakers on Monday reported bleak December sales, marking the industry's worst year since 1992, with sales at Chrysler LLC falling 53%, Ford Motor Co. falling 32%, General Motors Corp. announcing a 31% decline, and Toyota Motor Corp. and Honda Motor Co. sliding 37% and 35%, respectively. Despite the dismal top-line numbers, shares of the two publicly traded U.S. automakers, GM and Ford, rose 2.74% to close at $3.75 and 4.88% to close at $2.58, respectively. Maybe shareholders are hanging onto hopes that the Treasury Department will dole out a few billion more for Detroit? Not likely. ... Subaru actually made money in the U.S. last yearMove over Toyota Motor Corp., Honda Motor Co., Ford Motor Co. and General Motors Corp. because there's a carmaker that actually made money in the U.S. last year: Subaru of America Inc. ... Rumor: Geely Automobile interested in buying VolvoAdd another Chinese automaker to the growing list of rumored bidders for Ford Motor Co.'s controlling stake in Volvo Cars AB. ... Britain may bail out Jaguar, Land RoverThe U.K. government is widely reported to be preparing a provisional rescue package for auto manufacturers, but it is very reluctant to commit to any industrywide offer, saying it would set tough conditions for helping individual companies, especially since every big-name manufacturer is now foreign owned.... Chrysler to idle plants for a monthFacing a growing glut of cars on dealer lots, Chrysler LLC said late Wednesday it will idle its manufacturing plants from Dec. 19 until at least Jan. 19. ... Ford execs say things are looking upIn contrast to the steady stream of doom and gloom coming out of Detroit in recent months, Ford Motor Co. executives had a relatively cheery outlook when talking to reporters Tuesday at a company event. ... Does the TARP cover all? Wall Street seems to hope soFollowing heavy selling early Friday after the Senate failed to come to an agreement Thursday night on the $14 billion package to keep General Motors Corp. and Chrysler LLC driving, the Dow Jones Industrial Average somewhat surprisingly ended up 64.59 points to close at 8,629.68. Driving the markets into positive territory was news that the U.S. Treasury Department may consider allowing Detroit to hide under the thinly stretched Troubled Asset Relief Plan, which was originally created for financial services companies.... Top tagsYou have executed a tag search on Dealscape. On the left,you will find a comprehensive list of stories tagged "Ford." Below are the most-popular tags for Dealscape. On the right of the page you will find a search box to dig deeper into our content.
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