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Ford Raising Model Prices (F)
Monday, April 4, 2011 - 2:10pm | 43Ford (NYSE: F) said that it is raising prices by $177 per model to deal with higher commodity and input costs. Shares of Ford are up 46 cents to $15.62, a gain of 3.03% today on nearly 70 million shares.
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Toyota Says That It Will Shut Down North American Factories - AP (TM)
Monday, April 4, 2011 - 2:07pm | 25AP reported that Toyota (NYSE: TM) says that it will have to shut down North American factories.
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China TransInfo Announces Development Agreement With Nissan Motor Co. Ltd. for New Traffic Information System
Monday, April 4, 2011 - 8:48am | 102China TransInfo Technology Corp. (NASDAQ: CTFO) today announced that the Group Company's subsidiary, Beijing Zhangcheng Science and Technology Co., Ltd., has recently signed a development agreement with Nissan Motor Co. (NSANY) to work on a New Energy and Industrial Technology Development...
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Benzinga's Top Upgrades (AXS, GR, STI, F)
Monday, April 4, 2011 - 8:29am | 142Axis Capital Holdings Limited (NYSE: AXS) was upgraded by Citigroup from "hold" to "buy." AXS' shares closed at $35.39 on Friday. AXS' trailing-twelve-month operating margin is 26.35%. Goodrich Corporation (The) (NYSE: GR) was upgraded by JP Morgan from "neutral" to "overweight.” GR's shares...
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Morgan Stanley Reports On GM Status
Monday, April 4, 2011 - 7:16am | 94Morgan Stanley has issued a report on their perception of the status of General Motors (NYSE: GM). According to the report, "You might think that a sharp drop in US market share and falling behind Ford in US sales volume last month may be adding insult to injury. We disagree. Here's why:...
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Credit Suisse Ups Ford To Neutral
Monday, April 4, 2011 - 6:39am | 52Analysts at Credit Suisse upgrade Ford Motor Company (NYSE: F) from “underperform” to “neutral.” The target price for Ford has been raised from $17 to $18. Ford shares gained 1.68% to close at $15.16 on Friday. More Analyst Ratings here
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General Motors Company (GM) – Selling Delphi stake doesn't make a terd smell any better
Sunday, April 3, 2011 - 12:45am | 563General Motors Company (GM) Alert: GM Sells its Delphi Stake for $3.8 Billion; Slight Positive What's New? – GM announced that it will sell its Delphi Class A Membership Interest back to Delphi for $3.8 billion. The sale will result in a $1.6 billion Q1 book gain. The Delphi stake sale, in...
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The Canary Chirped
Friday, April 1, 2011 - 5:52pm | 887Cusick's Corner The market held its ground into the After Hours, but I did not see the thrust that I would give the bulls the total edge. Next week has the potential to be more volatile, with the EU rate decisions on the Thursday, looks like more tightening by the hawks looming, and the canary,...
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Markets on the Move after US Employment Data
Friday, April 1, 2011 - 2:46pm | 971Cusick's Corner Jobs, that is what the market was greeted with this morning, Payrolls up over the 200k mark and Unemployment still dropping, 8.8%. The market tore up on the open and has held into the Midday. The question is how you play the rising risk of inflation and growth. One might look at...
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Chrysler, Nissan, Ford Post Strong March U.S. Sales Gains (F, GM)
Friday, April 1, 2011 - 2:13pm | 107March saw U.S. auto sales rise substantially, with Chrysler, Nissan and Ford (NYSE: F) at the top of the gains table. With sales of 121,730 cars and light trucks in March, Chrysler saw an increase of 31 percent from 2010 and its highest monthly total in nearly three years. Nissan came a close...
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Nissan Provides Update Regarding Status of Japanese Earthquake and Impact on Nissan Americas Operations
Friday, April 1, 2011 - 2:01pm | 225Nissan (NSANY) Americas continues to progress in assessing the operational impact from the Japanese earthquake. The following statement will serve as an update that is current as of today's date. As needed Nissan Americas will continue to provide routine updates. Nissan Americas will re-...
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Toyota March Sales Down 9.2%
Friday, April 1, 2011 - 1:59pm | 61Toyota (NYSE: TM) today reported March sales results of 176,222 units, a decrease of 9.2 percent compared to the same period last year, on a daily selling rate (DSR) basis. On a raw volume basis, unadjusted for 27 selling days in March 2011 compared to 26 selling days in March 2010, TMS sales...
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Honda March Sales Up 18.9%
Friday, April 1, 2011 - 1:51pm | 56Honda (NYSE: HMC) posted March sales of 133,650, an increase of 18.9 percent based on the daily selling rate*, the company announced today. March marks the sixth straight month of double-digit sales increases for American Honda. Year-to-date sales of 307,978 represent an increase of 18.5 percent...
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Honda March Unadjusted Sales up 24%
Friday, April 1, 2011 - 12:58pm | 15Honda (NYSE: HMC) March unadjusted sales up 24%.
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Ford Up 3% After March Sales Beat (F)
Friday, April 1, 2011 - 12:17pm | 92Shares of Ford Motor Company (NYSE: F) shares are moving higher, gaining more than 3% after the company announced its March sales rose 19%, versus the 13% Wall Street was expecting. Fiesta sets U.S. record as monthly sales reach 9,787, up 56% versus February. Fusion and Escape also set monthly...