http://charts.tradingmarkets.com/prcharts/index.cfm?from=11/03/2008&to=02/26/2009&prtype=pr&barlen=daily&style=ohlc&months=3&prnumbers=1,2,3,4,5,6,7,8,9,10&cma10=1&cma50=1&cma200=1&sym=GM
Thursday, February 26, 2009
GM Stock Chart February-26 2009
http://charts.tradingmarkets.com/prcharts/index.cfm?from=11/03/2008&to=02/26/2009&prtype=pr&barlen=daily&style=ohlc&months=3&prnumbers=1,2,3,4,5,6,7,8,9,10&cma10=1&cma50=1&cma200=1&sym=GM
Wednesday, February 25, 2009
Ford Motor Company -F- (NYSE) Chart February-25 2009
$2.01 Change: +0.01 Volume: 54,331,708 Percent Change: +0.50%
GM Chart 5-Years February-25 2009
$2.55 Change: +0.33 Open: 2.32 High: Volume: 24,416,103 Percent Change: +14.86%
Auto Parts Companies Performing Satisfactorily
Profits Won't Come from Car Sales
There are 10 large-, mid- and small-cap stocks in the S&P 1500 Automotive Retail subindustry index, two of which are not followed analytically by S&P equity analysts. Two of these index components have favorable investment recommendations: Advance Auto Parts (AAP), which carries a 5 STARS (strong buy) ranking, and O'Reilly Automotive (ORLY), ranked 4 STARS (buy). Auto Nation (AN), with a 2 STARS (sell) opinion, is the only member with an unfavorable investment ranking.
S&P equity analyst Efraim Levy, CFA, says S&P's fundamental outlook for the automotive retailers subindustry is negative, with a greater-than-normal amount of dealerships closing, including more than 900 in 2008. S&P expects hundreds more dealership to disappear in 2009. With the residential housing market tumbling, a more difficult credit environment, and lower consumer confidence, S&P expects reduced demand for big ticket items such as cars. However, bright spots include the sharp decline in gas prices to less than $2 per gallon, from a peak above $4, and the Federal Reserve including new-car dealer floor-plan loans in a $200 billion program, as this should help prevent some dealership failures.
Most auto retailers generate their sales and profits from four different operations: new vehicles, used vehicles, parts and services, and finance and insurance. New vehicle sales typically have the lowest operating margins, but drive business for more profitable finance and insurance sales and parts and services. With its forecast for lower new vehicle sales, S&P expects retailers to focus on generating more business from the remaining categories to offset lower new vehicle profits.
http://www.businessweek.com/investor/content/feb2009/pi20090224_537984.htm?chan=investing_investing+index+page_top+stories
There are 10 large-, mid- and small-cap stocks in the S&P 1500 Automotive Retail subindustry index, two of which are not followed analytically by S&P equity analysts. Two of these index components have favorable investment recommendations: Advance Auto Parts (AAP), which carries a 5 STARS (strong buy) ranking, and O'Reilly Automotive (ORLY), ranked 4 STARS (buy). Auto Nation (AN), with a 2 STARS (sell) opinion, is the only member with an unfavorable investment ranking.
S&P equity analyst Efraim Levy, CFA, says S&P's fundamental outlook for the automotive retailers subindustry is negative, with a greater-than-normal amount of dealerships closing, including more than 900 in 2008. S&P expects hundreds more dealership to disappear in 2009. With the residential housing market tumbling, a more difficult credit environment, and lower consumer confidence, S&P expects reduced demand for big ticket items such as cars. However, bright spots include the sharp decline in gas prices to less than $2 per gallon, from a peak above $4, and the Federal Reserve including new-car dealer floor-plan loans in a $200 billion program, as this should help prevent some dealership failures.
Most auto retailers generate their sales and profits from four different operations: new vehicles, used vehicles, parts and services, and finance and insurance. New vehicle sales typically have the lowest operating margins, but drive business for more profitable finance and insurance sales and parts and services. With its forecast for lower new vehicle sales, S&P expects retailers to focus on generating more business from the remaining categories to offset lower new vehicle profits.
http://www.businessweek.com/investor/content/feb2009/pi20090224_537984.htm?chan=investing_investing+index+page_top+stories
Ford Motor Co United Auto Workers President Calling For Members Concessions
DETROIT. United Auto Workers President Ron Gettelfinger is telling union members to vote for contract concessions to Ford Motor Co., saying the automaker can't survive in the long term without major restructuring.
Gettelfinger says in a letter to 42,000 hourly Ford workers that the company is burning through $1 billion per month to stay in business because revenue has dropped so dramatically.
But the union has also agreed to give up cost of living pay raises and cash bonuses, and the company will offer another round of buyout and early retirement incentives to shed more workers.
Gettelfinger says in a letter to 42,000 hourly Ford workers that the company is burning through $1 billion per month to stay in business because revenue has dropped so dramatically.
But the union has also agreed to give up cost of living pay raises and cash bonuses, and the company will offer another round of buyout and early retirement incentives to shed more workers.
Tuesday, February 24, 2009
2009 Ford Escape Hybrid
Escape is a very competitive choice in the small SUV segment, and for someone looking to help save the planet while bringing their spouse, 2.5 kids, and associated accoutrement along for the ride, a nice alternative to a MINI Cooper.
There’s a new 2.5 liter, 4-cylinder engine that brings with it a much needed boost in power. While the old Escape Hybrid’s 133 horsepower was barely adequate, the 153 hp in the 2009 model is firmly adequate. It’s also a bit quieter and smoother, but not exactly either.
The added power is appreciated, and the gasoline engine works in better concert with the electric motor and continuously variable transmission to move the Escape Hybrid around with less obvious effort than before. Watching the power flow chart on the multimedia screen, I was surprised at how often the juice is on, even at highway cruising speed, not to mention how easy it is to drive the Escape Hybrid without looking out of the windshield.Around town a judicious right foot can keep the fossil fuel at bay for a couple of miles before running the battery down. I often traveled several city blocks without emitting any CO2 and was once able to get the Escape Hybrid up to 35 mph using only the flow of electrons. Impressive for a vehicle that weighs 700 pounds more than a Toyota Prius, a car in which I have never come close to that speed without combusting something internally.
Base Price: $30,635
As Tested: $33,725
Type: Front-engine, front-wheel drive, 5-door crossover
Engine: 2.5-liter Inline-4 cylinder w/electric assist
Power: 153 horsepower, 136 lb-ft torque
Transmission: Electronically Controlled Continuously Variable
MPG: 34 city/31 highway
What do you think about the Escape Hybrid?
http://www.foxnews.com/story/0,2933,486729,00.html
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