TOP 100 TRANSPORTATION AND LOGISTICS SITES
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| AutoNation Continues to Benefit from Dealership Closures Todd Sullivan submits: More good news for AutoNation (AN) shareholders.From the WSJ:In the first quarter of the year, 271 auto dealers in the U.S. went out of business, according to the National Automobile Dealers Association, as car buyers stayed away from showrooms and credit remained tight.Complete Story » seekingalpha.com |
On GM's Bankruptcy and the Need for Focus Markham Lee submits:It's no secret to anyone who has read this blog on a regular basis that I've been pushing for [[GM]] to declare bankruptcy for months now. The reason being that I felt that the bailout and restructuring efforts were just prolonging the inevitable, and because I believed that it was the fastest way to separate the good parts of GM from the bad. While some may see this as a dark chapter in GM's history, I personally feel that it's really just the first step towards the company's rebirth. However now that the bankruptcy is moving forward the question offered is: will GM be used to service the interests of the various stakeholders in the company, or will they instead work together and focus on what needs to be done to make the company profitable again?Complete Story » seekingalpha.com |
5 Ideas from a Look Under Advanced Auto Parts' Hood J Clinton Hill submits:Advanced Auto Parts (AAP) broke above resistance levels to attain a new 52 week high in Tuesday’s trading session. As Hillbent.com has assigned the stock an overall fundamental rating of "B", with "A" being the strongest on a scale of "A" to "E", my curiosity led me to take a look underneath its hood and kick the tires. Here is what I found:Complete Story » seekingalpha.com |
Auto Sales Back in the Doldrums Calafia Beach Pundit submits: This chart is a great way to illustrate how temporary tax breaks or government handouts can't do anything to change the underlying reality. The Cash for Clunkers program boosted auto sales for awhile, but as soon as the program expired, sales reverted to trend. Tax rebates do the same thing. Since they don't change anyone's incentives, they only boost things temporarily.Complete Story » seekingalpha.com |
Ford's European Sales Show Impressive Rise Zacks.com submits: Ford Motor Company (F) revealed an impressive 12.8% rise in sales for October in its 19 European markets, outperforming the 6.8% gain in sales for the overall industry. In fact, the sales rise was considered as the best monthly performance in more than a decade. Several incentive programs by the European governments to trade old vehicles for newer cars backed the sales gain. The scrappage programs across several European countries are similar to the U.S. Government's "Cash for Clunkers" program that ran between July and August, through which the automaker generated tremendous response.Complete Story » seekingalpha.com |