TOP 100 TRANSPORTATION AND LOGISTICS SITES
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| Ousting Rick Wagoner Won't Solve GM's Problems Rick Newman submits:By most accounts, Rick Wagoner was never really the problem. It’s self-evident that he presided over the demise of General Motors (GM) since taking over as CEO in 2000. The company has lost money for four years straight, and is only alive now thanks to government aid that could grow to $40 billion in total.Complete Story » seekingalpha.com |
Auto MPG: The Economics of CAFE The Baseline Scenario submits: By James KwakCAFE stands for Corporate Average Fuel Economy – the average fuel efficiency that is calculated annually for every manufacturer that sells cars or light trucks in the U.S. and compared to standards set by the National Highway Traffic Safety Administration, part of the Department of Transportation. (If you want to know more about how CAFE is measured, see the Appendix to this post.) Tuesday, President Obama proposed new, higher CAFE standards for models years up through 2016, by which point aggregate efficiency should reach 35.5 miles per gallon.Complete Story » seekingalpha.com |
Six Investment Topics to Focus on This Week The Aft Deck submits:Hot Topic: US Ramping Up Wind Power Programs and power storing fuel cells The United States is making a serious effort to increase the amount of electricity that’s generated by wind turbines grouped into wind-power “farms.” Attempts to harness the wind are part of a broader national, and global, commitment to “green” energy sources as a way of reducing dependence on Crude Oil and other fossil fuels for power generation. i.e Natural Gas and Coal. Other power sources include solar, geothermal, hydroelectric and nuclear for commercial electricity production, while automakers are looking at new types of batteries and such innovations as power-storing “fuel cells” as alternatives to the conventional internal combustion engines that power most of the world’s cars and trucks. The objectives are twofold. By decreasing the US reliance on foreign Crude Oil, the country is hedging against the time when global supplies of the “black gold” begin to dry up, an eventuality that will propel the prices of crude and gasoline skyward. Complete Story » seekingalpha.com |
Clunkers Program Fuels August Auto Sales Marketing Charts submits: New-vehicle retail sales in August are forecasted to cross the one-million-unit mark for the first time in the past 12 months, boosted by the government-funded Car Allowance Rebate System (CARS) program (better known as “Cash for Clunkers”), according to J.D. Power and Associates. Complete Story » seekingalpha.com |
Textron Inc. Q3 2009 Earnings Call Transcript Textron Inc. (TXT)Q3 2009 Earnings CallOctober 27, 2009 9:00 am ETComplete Story » seekingalpha.com |