Automobile Manufacturers

Nissan North America, Inc. (NSANY) today reported record February U.S. sales of 92,370 units versus 70,189 units a year earlier, an increase of 31.6 percent. Nissan Division sales were up 31.8 percent for the month and also set a new February record. Sales of Infiniti vehicles rose 29.9 percent...

Consumer demand for Ford's (NYSE: F)vehicles continues to grow as February retail sales increased 23 percent versus a year ago. Ford's total February sales, including sales to fleet customers, were 156,626, up 14 percent.

General Motors (NYSE: GM) total sales in the United States rose 49 percent in February, as dealers reported 207,028 deliveries for the company's four brands. For the second month in a row, the gain in total sales was driven by soaring retail demand for the company's products. During the month,...

General Motors (NYSE: GM) total sales in the United States rose 49 percent in February, as dealers reported 207,028 deliveries for the company's four brands. For the second month in a row, the gain in total sales was driven by soaring retail demand for the company's products. During the month,...

General Motors (NYSE: GM) reported that U.S. February core sales rose 49%, versus expectations of of a rise of 36%. At last check, shares of GM were off 34 cents to $33.20, a loss of 1%.

Yesterday the Wall Street Journal, a paper that in recent times would have been readily seen as the paper of record in securities trading ran a headline that topped out my tolerance for GMAFB with “Wall Street Bets on Debt That Doesn't Exist” If you are looking for pageviews that is a fantastic...

Ford Motor Co's (NYSE: F) CFO Lewis Booth wants the other automakers in the European market to end irrational and excessive incentives, to provide a more rational market. "We'd like to see a more rational marketplace," Chief Financial Officer Lewis Booth told reporters on Monday. "People are...

Tomorrow will mark the release of February's auto sales from Ford (NYSE: F), General Motors (NYSE: GM), Toyota (NYSE: TM), Honda (NYSE: HMC) and other car manufacturers, such as Chrsyler and Nissan (NASDAQ: NSANY). Given the increase in uncertainty the market has seen over Toyota's reliability,...

Cusick's Corner Food for thought this weekend -- is inflation good for my portfolio? With corporate profits continuing to top estimates and forecasts still positive out 2-3 quarters, it may be easy to negate the impact of potential inflation on your holdings. But that could be a mistake. Unlike...

Cusick's Corner The bounce in the market into the Midday gives traders and investors a sigh of relief, but it's just for the moment. As I noted on Tuesday and Wednesday, there was a lot of selling but it was not a panic-stricken kind of selling, but rather looked like some bigger traders...

Toyota (NYSE: TM) announced today it will add 6-speed automatic transmission capacity at its plant in Buffalo. The $64 million investment will create approximately 40 new jobs in West Virginia. Toyota made the announcement with Governor Earl Ray Tomblin, U.S. Senator Jay Rockefeller, U.S....

General Motors Company's (NYSE: GM) 4Q10 EBIT came in at $1,021MM, compared with our $961MM est., Deutsche Bank reports. “Excluding the GM Financial and Corporate Other segments, Automotive EBIT was $648MM vs our $897MM estimate,” Deutsche Bank writes. “We noted negative variances (vs. our...

J.P. Morgan is out with its report today on General Motors (NYSE: GM), lowering its price target from $44 to $42. In a note to clients, J.P. Morgan writes, "We trim our future year EPS estimates by ~10% to account for lowered 2010 base (after 4Q EBIT miss vs JPM) but also a greater dose of...

JP Morgan has lowered the price target on General Motors (NYSE: GM) from $44 to $42 and maintains its Overweight rating.

Sears Holdings Corp. (NASDAQ: SHLD) has settled on a new chief executive: Lou D'Ambrosio, a long-time technology executive from Avaya and IBM (NYSE: IBM). How does Avaya and IBM relate to selling washing machines? Ford Motor Co. (NYSE: F) said it will recall nearly 150,000 F-150 pickup trucks to...