Automobiles & Components

Auto Components, Automobiles

ARTICLES

General Motors Provides Update on Cobalt Ignition Switch Recall

June 5, 2014
General Motors’ (NYSE: GM) CEO Mary Barra said today that GM has received the findings of an investigation by former U.S. Attorney Anton Valukas into the Cobalt ignition switch recall and plans to act on all of its recommendations.
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Ford Reports Series of Best Ever Sales for May

June 3, 2014
Ford Motor (NYSE: F) U.S. sales totaled 254,084 vehicles in May, up 3 percent from a year ago. Retail sales set several model records with 174,889 vehicles sold – an increase of 6 percent.
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General Motors Posts Strong May Sales; Best U.S. Sales Since ‘07

June 3, 2014
General Motors (NYSE: GM) dealers delivered 284,694 vehicles in the United States in May, up 13 percent compared to a year ago...
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Ford Rolls Out New Stock Repurchase Plan

May 7, 2014
Ford Motor (NYSE: F) announced that its board of directors has approved a repurchase program for up to approximately 116 million shares of Ford common stock, which will offset share dilution and help improve shareholder returns.
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Superior Industries Int’l See Sales Slip but Improved Margins in Q1

May 2, 2014
Superior Industries International (NYSE: SUP) announced net income of $4.8 million, or $0.18 per diluted share, for the first quarter of 2014.
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Drew Industries Builds on Industry Recovery

May 1, 2014
Growing demand and previous cost-cutting measures led to a strong first quarter for Drew Industries (NYSE: DW).
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Mulally Steps Down; Mark Fields, Ford 25-Year Veteran, Appointed CEO

May 1, 2014
Ford (NYSE: F) announced that Alan Mulally has decided to retire from the company July 1 and Mark Fields will be named Ford President and CEO and elected as a member of the company’s board of directors.
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Accuride’s Q1 Earnings Report Well Received

April 28, 2014
Accuride (NYSE: ACW) reported a solid quarter with both revenues and earnings surpassing expectations, and management lift expectations going forward.
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Ford’s Earnings Plunge on Charges Overshadowing Underlying Strengths

April 25, 2014
Bottom line: Ford (NYSE: ) missed on earnings and beat on revenues; the earnings shortfall was the more surprising; management was quick to point out that a decline in net income of $622 million from a year ago was not reflective of underlying growth trends.
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General Motors Reports Quarterly Profit amidst Results Reflecting Recall Issues

April 24, 2014
General Motors (NYSE: GM) reported quarterly results that showed the effects of the company’s recall issues.
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