Honda Ranked Most Fuel-Efficient in U.S.
TheCarConnection.com submits: Nine automakers sell full lineups in the U.S., and the Environmental Protection Agency has ranked them according to fuel-efficiency. At the top of the EPA's list sits Honda (HMC), whose U.S. models average 23.6 miles per gallon; Hyundai (23.4 mpg) and Toyota (TM) (23.2 mpg) take home silver and bronze, respectively. At the other end of the spectrum, we find Detroit's Big Three: Ford (F) (20.5 mpg), GM (19.9 mpg), and Chrysler (18.7 mpg). Sounds like Bob Lutz might need to refine Howie's message. [GreenCarReports]Complete Story » seekingalpha.com |
Toyota: How Giants Stumble
Rick Newman submits:At General Motors, they used to call their surging competitor "Mr. T," as if intimidated by a muscular rival who seemed able to seize market share at will. But Toyota (TM) suddenly looks pretty meek, thanks to a mystifying safety problem that has led to a huge recall, an unprecedented production shutdown, and an ugly dent in a once sterling reputation. This corporate nightmare has mushroomed since last fall, when Toyota recalled about 4 million vehicles because of floor mats with a propensity to slip down into the driver's side foot well, potentially interfering with the pedals and causing sudden acceleration. Now Toyota has recalled an additional 2.3 million vehicles for a problem that sounds similar, but the company says it's different: faulty gas pedals that can stick if they become worn, causing—once again—sudden acceleration.Complete Story » seekingalpha.com |
Federal Signal Inc. Q1 2010 Earnings Call Transcript
Federal Signal Inc. (FSS)Q1 2010 Earnings CallApril 30, 2010 10:30 am ETComplete Story » seekingalpha.com |
With IPO Dust Settled, Should You Buy Tesla Motors?
It has now been slightly over two weeks since Tesla Motors, Inc. (TSLA) became a publicly traded company in one of the most over-hyped IPOs in recent memory. For those of you not familiar with the company, they are the tiny California-based electric car maker that had sold a grand total of 937 cars as of 12/31/2009. They've never made a profit, but the company is now worth about $1.8 billion (based on 93.5 million total shares outstanding after the IPO.) The stock was well oversubscribed and from an offer price of $17 the shares opened at $19 and soared to $30.42 one day after the IPO. The price has since fallen back some 40% to hover in the $19 range.Complete Story » seekingalpha.com |
Ford Earnings Cheat Sheet: Firing on All Cylinders
Wall Street Cheat Sheet submits: by Eric McWhinnieFord Motor Company (F) is a worldwide auto company. Ford develops, manufactures, and services car and truck brands such as Ford, Mercury, and Lincoln. The company operates in two main sectors, Automotive and Financial Services. Unlike GM and Chrysler, Ford did not receive a government bailout, nor did it file for bankruptcy. Can Ford generate enough earnings in the Great Recession to avoid the fates of GM and Chrysler?Complete Story » seekingalpha.com |