Business Highlights
By The Associated Press - AP - Mon Aug 04, 5:03PM CDT
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Final Glance: Autos companies
AP - Mon Aug 04, 5:03PM CDT
NEW YORK (AP) — Shares of some top autos companies were mixed at the close of trading:
U.S. Auto Sales Up in July 2014, Strong Sales for Most Stocks - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Aug 04, 3:40PM CDT
U.S. light-vehicle sales rose 9% year over year to 1.44 million in Jul 2014. Most major automakers reported good results.
Will GM (GM) Stock Be Affected By Justice Department Subprime Auto Loan Investigation?
at The Street - Mon Aug 04, 1:25PM CDT
GM's (GM) lending unit is being investigated by the Justice Department.
GM Hit With Justice Department Subpoena In Loan Probe
at Investor's Business Daily - Mon Aug 04, 12:44PM CDT
General Motors (GM) said in a filing that its financial arm has received a subpoena from the Justice Department for documents related to risky subprime auto loans. GM Financial said in the Securities and Exchange Commission filing that the July 28...
Midday Glance: Autos companies
AP - Mon Aug 04, 12:26PM CDT
NEW YORK (AP) — Shares of some top autos companies are mixed at 1 p.m.:
GM Finance subpoenaed over subprime auto loans
AP - Mon Aug 04, 12:24PM CDT
NEW YORK (AP) — GM Finance says it has received a subpoena from the U.S. Department of Justice for documents related to subprime auto loans.
3 Stocks Driving The Consumer Goods Sector Higher
at The Street - Mon Aug 04, 12:03PM CDT
TheStreet highlights 3 stocks pushing the consumer goods sector higher today.
SMDI Taps GM's Dr. Hall as Head of Automotive Programs
PR Newswire - Mon Aug 04, 12:00PM CDT
The Steel Market Development Institute (SMDI), a business unit of the American Iron and Steel Institute (AISI), announced today that Dr. Jody N. Hall, former Technical Integration Engineer at General Motors Company Global Body Manufacturing Engineering Center in Warren, Michigan, will succeed Ronald P. Krupitzer as Vice President Automotive Market for the Institute. Krupitzer, who has held the position for 13 years, will retire at the end of the year.
Mobileye Surges After IPO: Tech Winners & Losers
at The Street - Mon Aug 04, 11:01AM CDT
Mobileye shares rose after a strong IPO, while Groupon shares rose ahead of earnings and Apple shares fell slightly following speculation about an e-commerce partnership with Visa.
Early Glance: Autos companies
AP - Mon Aug 04, 9:32AM CDT
NEW YORK (AP) — Shares of some top autos companies are mixed at 10 a.m.:
Will GM (SM) Stock be Affected By China Factory Car Components Explosion?
at The Street - Mon Aug 04, 7:36AM CDT
GM (GM) said it asked its main Chinese supplier to find an alternative source of components after an explosion at a factory.
Death toll rises to 75 in Chinese factory blast
By JACK CHANG - AP - Sun Aug 03, 10:18PM CDT
BEIJING (AP) — The death toll in for an explosion at a Chinese auto parts factory has risen to 75 people, as investigators fault poor safety measures and news reports reveal that workers had long complained of dangerous levels of dust at the facility.
Why Chrysler's Ram Could Lose to GM's Chevy Silverado
John Rosevear, The Motley Fool - Motley Fool - Sun Aug 03, 1:32PM CDT
Sales of Chrysler's Ram pickup line are up 19% so far this year. But a change in strategy could trim Chrysler's gains soon. Source: Fiat Chrysler. Could a decline in Fiat Chrysler 's earnings because of problems in Latin America spell trouble for...
Why Ford Could Sue Chrysler Over Pickup Claims
John Rosevear, The Motley Fool - Motley Fool - Sun Aug 03, 11:06AM CDT
Chrysler says its heavy-duty Ram 3500's towing capacity is "best in class". Ford says otherwise, and the argument is getting heated. Source: Fiat Chrysler. The battle for pickup sales has always been hard-fought. But now Ford is threatening...
Avis Budget Earnings Seen Driven By North America
at Investor's Business Daily - Sun Aug 03, 7:02AM CDT
Avis Budget Group (CAR) should wheel out another high-performance quarter when it releases Q2 earnings on Monday after the market close. Analysts polled by Thomson Reuters expect 61 cents a share, a 22% gain vs. a year earlier. Revenue should show a...
China car parts plant blast kills 69, hurts 187
By GILLIAN WONG - AP - Sat Aug 02, 10:37PM CDT
BEIJING (AP) — A suspected dust explosion at an automotive parts factory in eastern China that supplies General Motors killed at least 69 people and injured more than 180 others, most with severe burns, state media reported Sunday.
How Toyota Blew Past Ford Last Month
John Rosevear, The Motley Fool - Motley Fool - Sat Aug 02, 12:30PM CDT
Ford's F-150 is its -- and America's -- biggest seller, but gains have been subdued while Ford's factories switch to the all-new 2015 model. That may have cost Ford second place in the U.S. last month. Source: Ford Motor Co. Ford said on Friday...
The NFL Doesn't Care About Women's Money
at The Street - Sat Aug 02, 11:00AM CDT
Giving Ray Rice a two-game suspension for knocking out his fiancee wasn't just an insult to women, but a shockingly low estimate of their value to the NFL.
GM's faulty-ignition fund taking victims' claims
By The Associated Press - AP - Sat Aug 02, 10:58AM CDT
A fund set up by General Motors to pay for deaths and injuries caused by its vehicles with faulty ignitions is accepting claims.