Retail discounts won't revive our economy
November 9, 2009
Catering to the Recession Mentality | online.wsj.com
The article is about the struggle of retailers to lure consumers to stop worrying about the economy and start spending again. Their bait is aggressive discounting. The question not only is whether it will work but whether other factors will wipe out the best laid discounts.
GMAC Has Profitable Auto Operations In Q3; Floorplan Loans Crucial Going Forward
November 6, 2009
GMAC Loss Slims On Revenue Jump | online.wsj.com
After several quarters of losses, GMAC's automotive finance and dealer-related insurance businesses were profitable in the third quarter.
Auto Sales Getting Closer To The "New Normal?"
November 4, 2009
Ford, GM U.S. Sales Rose in October, Chrysler's Fell 30% | online.wsj.com
With the exception of Chrysler, most major automakers saw improved U.S. sales in October. Hopefully, these results suggest the beginning of a return to what most analysts predict will be a "new normal" SAAR of 13 million vehicles.
October Auto Sales: GM Expected To Hit Highest Its Market Share For 2009
October 29, 2009
GM To Draw Down More U.S. Funds | www.facebook.com
October car sales are expected to come in at the highest level of the year except for the summer's "Cash For Clunkers" program.
Auto Sales In October Seen At Pre-Clunker Levels
October 27, 2009
Ford Gains While Rivals Falter | online.wsj.com
With another week on the books, October auto sales look to be on track for a SAAR in the low 10 million range.
Is There Any Way The Domestic Automakers Can Regain Plunging Market Share?
October 23, 2009
Hyundai Profit Soars On Demand | online.wsj.com
A recent study shows that market demand is most heavily impacted by "new product." Not so much by price, advertising, etc. Where does that leave the Detroit Three?
Global Auto Sales: 2009 Is Done, Get Ready For 2011
October 19, 2009
Toyota Aims To Keep Sales Strong As Subsidies End | online.wsj.com
The beginning of a significant revival in auto sales will start in 2011. Global sales of new light vehicles are forecasted to reach 60.8 million units, an 11% increase over 2010. This will finally bring the global industry back to 2008 demand levels.
The Auto Industry: The Best years Are Still To Come
October 15, 2009
Auto Sector Puts brakes On Retail sales | online.wsj.com
Reports of the auto industry's death, and even the perception of decline are greatly exaggerated. Look beyond its current challenges and you can see increasing levels of productivity and innovation. And, most important of all, a wave of accelerating economic development in many countries that will, sooner or later, produce immense new demand for personal mobility.
Loss of arbitration of cardholder disputes could sink card industry
October 15, 2009
Turmoil in Arbitration Empire Upends Credit-Card Disputes | online.wsj.com
Although the article is about an investor's failed bet on arbitration of card disputes, the bigger fail will belong to the card industry -- the 1 billion bank and private label cards held by 200 million consumers. Issuers of those cards have all but lost the right require arbitration and the enormous protection arbitration brings against class actions. With the NAF gone kaput and the AAA refusing to fill the void, issuers now face massive, potentially crippling new risks .
G.M. To Get Rid Of Hummer; Finally!
October 14, 2009
G.M. Is to Sell Hummer to a Chinese Company | www.nytimes.com
General Motors, in another step towards cutting its brand count in the U.S. as it recovers from bankruptcy, is ready to complete a deal to sell its Hummer brand to a Chinese company that builds heavy machinery. Hopefully, future sales will all be made in China.
New FINRA Rule 2210-Simplification Whose Time Has Come
November 4, 2009
ADP Must Grow Three Major Markets for Continued Success
October 22, 2009
Battle for Dominance in Mortgage Fraud Analytics Space
October 17, 2009
All hands on deck, full steam ahead
September 7, 2009
Dollar destined to be second class currency in world's largest banana republic
September 1, 2009