The Detroit 3 Had A Wild Ride In August. 13 Million SAAR To Follow?
August 28, 2009
GM Looks For Sales Rebound | online.wsj.com
Auto sales in August are likely to hit their highest level this year, helped by the successful "Cash For Clunkers" program. The Detroit 3 had mixed results.
"Cash For Clunkers" Party Is Over: When Does The Hangover Start?
August 27, 2009
Nissan Leads Auto Shares Lower on Clunker Program’s End, Yen | www.bloomberg.com
Now that the federal Cash For Clunkers program is over, industry analysts expect a big decline in auto sales in coming weeks.
GM: Are eBay And a $4000 Car Enough to Turn Things Around?
August 21, 2009
GM to Raise Vehicle Production | online.wsj.com
GM's effort to sell new cars on eBay in California is generating interest, of longer term significance, however, may be its plans to produce a $4000 car for emerging markets.
Deutsche Bank Recognizes the Depth and Width of "A" Paper Crisis to Come
August 21, 2009
Deutsche Bank on those drowning US homeowners | ftalphaville.ft.com
The depth of the "Alt A" mortgage crisis is coming home to roost. We are likely to see the depreciate creep (or flood as the case may be) is going to hit the areas that the subprime loans barely touched.
Is There Any Good News For Global AutoMakers? Yes: Volkswagen
August 18, 2009
VW Chief Winterkorn Said to Be Considered to Lead Porsche SE | www.bloomberg.com
Just about two years ago, Volkswagen's CEO promised that the automaker would be No. 1 worldwide in unit sales, profit, quality and image. Was it pie in the sky? Not really.
Clunker Payment Woes Continue. Why Can't The Feds Get It Get It Right?
August 17, 2009
Car Plants Bet On Sales Rebound | online.wsj.com
As domestic and import automakers gear up auto production for the rest of 2009, the catalyst for this increase, "Cash For Clunkers" is still causing headaches for dealers attempting to get paid on deliveries.
August 14, 2009
Car Plants Bet On Sales Rebound | online.wsj.com
The much publicized "Cash For Clunkers" program has provided a much needed shot in the arm for import as well as domestic automakers. However, long term issues still remain before anyone can declare an end to the almost two year slide in auto sales.
Bank stocks will crumble in the coming months
August 14, 2009
Stocks Slip as Banks Pull Back | online.wsj.com
The WSJ article suggests a modest, temporary pullback for banking stocks amidst all the recent glowing reports that the Great Recession is over. It is not over. It is going to get much worse, precisely because of a crisis that is about to erupt for the bankcard industry.
What Car People Think About What's Happening In Today's Auto Market: Part 8
August 13, 2009
Ford Speeds New Models to Build on Gain in U.S. Sales | www.bloomberg.com
Over the past several months I've shared opinions of auto dealer clients, associates on the OEM side of the business and several key lenders regarding issues of mutual interest. Attached are a few recent surveys.
"Cash For Clunkers": Who's It Hurting?
August 11, 2009
Dealers Scramble to Find Fuel-Efficient Cars | online.wsj.com
We've heard a lot about the positives in the "Cash -for-Clunkers program in recent days. It has certainly improved new car sales, rid the highways of unsafe gas guzzlers, it even got "high fives from" the green community. However, it isn't all good news.
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