Entries in the ‘transportation’ Category:
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 [...]
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 get [...]
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 average [...]
filed in transportation on Jul.02, 2009
Typically when I write about individual stocks on this blog I share bullish ideas that I am either long or thinking about going long. I was recently doing some work on AutoNation (AN), however, and since the stock looks pricey to me I figured I would share a bearish case as well.
The reason for a [...]
filed in transportation on Jun.01, 2009
I kid, of course. The market is up 200 points today, not because GM is filing bankruptcy, but rather because investors seem to understand that the event itself is not at all catastrophic. After all, Chrysler is emerging from bankruptcy shortly and actually saw sales go up after they filed. It seems that most people, [...]
filed in transportation on May.28, 2009
General Motors (GM) is working with bond holders to try and avert a bankruptcy filing. There are reports this morning that an agreement on a proposed debt for equity swap may have been reached. For current GM shareholders the question is pretty simple, should you sell at the current price of $1.35 per share?
Well, if [...]
filed in retail, transportation on May.20, 2009
There appears to be debate on this question, which is puzzling to me. I think many people are mistakenly under the assumption that “small, fuel efficient” cars equate to miniature so called “smart” cars that we see every so often on the road and in Europe, as opposed to simply something other than a gas [...]
filed in politics and markets, transportation on May.15, 2009
For those who don’t know, YRC Worldwide (YRCW) is the former Yellow Roadway. Here is some of what the Wall Street Journal is reporting (get a free trial to WSJ.com):
“YRC Worldwide Inc., one of the nation’s largest trucking companies, will seek $1 billion in federal bailout money to help relieve pension obligations, the chief executive [...]
filed in politics and markets, transportation on Apr.08, 2009
Call me skeptical that since the Obama administration’s auto task force ousted General Motors CEO Rick Wagoner it means the government is going to take over and ruin the auto industry. I think Wagoner’s list of accomplishments (or lack thereof) shows that he deserved to be gone long ago. After all, GM stock went from [...]