filed in financial services, transportation on Jul.22, 2010
Just when I thought General Motors was on solid footing and heading in the right direction after shedding a large portion of its liabilities in bankruptcy, they seem to have forgotten what has happened over the last several years in the world of credit. One of the big reasons GM’s losses were compounded during the [...]
filed in technology, transportation on Nov.23, 2009
From Fox Business: “Tesla Motors, maker of luxury-all-electric cars, is reportedly planning a stock offering. If the sale occurs, Tesla would be the first U.S. car company to issue shares since Ford Motor Co. in 1956.” This is very exciting news. Not necessarily from an investment standpoint (it will likely be a while before pure [...]
filed in transportation on Nov.16, 2009
I came across this article by John Battelle over on Business Insider and thought I would share it with everyone. I am a loyal Southwest customer so I have managed to avoid the crazy complicated (and irrational) dynamic pricing algorithms that many of the major carriers use. Hopefully there are not too many United shareholders [...]
filed in transportation on Aug.11, 2009
This seems like the kind of thing that could get more people into GM showrooms and help them recapture lost market share, even if most consumers do not purchase the new Chevy Volt, due out in late 2010. According to an Associated Press story today GM announced that the Chevy Volt rechargeable electric car should [...]
filed in politics and markets, transportation on Aug.03, 2009
It is hard to argue with the success of the “Cash for Clunkers” automobile incentive program so far. With $1 billion already blown through, Congress is working on a $2 billion extension, despite most Republicans being against the program (probably because it was a Democratic idea, not because it is not working). So far the [...]
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