TOP 100 TRANSPORTATION AND LOGISTICS SITES
| |||
|
| |||
| |||
|
| |||
| GM CEO 'Steps Down': Scapegoating Has Begun Tyler Durden submits: Update: According to a White House official, Wagoner was asked to leave by the Obama administration. Scapegoating has begun.****Developing story: Rick Wagoner, CEO of General Motors (GM) is said to have stepped down. While there has been no official announcement yet, Bloomberg is citing "people" familiar with the situation. Wagoner has not given a reason for the sudden and unexpected departure at this crucial juncture, 2 days ahead of the auto task force report on US automaker viability.Previously Wagoner said he has no intention of departing the company prior to a successful restructuring. "I do it because it’s important and I feel like I have a responsibility to do it," Wagoner said. "I plan to stay here until we get things well in shape and on track and beyond that, we’ll see."Complete Story » seekingalpha.com |
Daimler Takes 10% Stake in Tesla, Agrees to Help Develop Technology Greentech Media submits: By Ucilia Wang Daimler (DAI) announced Tuesday that it's taking a nearly 10 percent stake in Tesla Motors and planning to work more closely with the startup carmaker to develop battery and other technologies for electric cars.Complete Story » seekingalpha.com |
If Hertz's CEO Sees Green Shoots, We Should Pay Attention Greg Feirman submits: We’ve seen continuous improvement every single week for the last 10 weeks in the US rent a car space on improving demand for the summer season.We’ve been buying a lot of cars the last 8 weeks…. We’re scrambling to buy as many cars as we can.Complete Story » seekingalpha.com |
U.S. Auto Loan Losses Continue Rising Research Recap submits: Fitch Ratings expects auto loan performance to continue to deteriorate, especially for older vintages. Excerpted from U.S. Auto: Asset Quality Review 2Q09Complete Story » seekingalpha.com |
Johnson Controls F4Q09 (Qtr End 9/30/09) Earnings Conference Call Transcript Johnson Controls Inc. (JCI)F4Q09 (Qtr End 9/30/09) Earnings Conference CallOctober 27, 2009 11:00 AM ETComplete Story » seekingalpha.com |