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AR Index 594.20 +58.97 (+11.02%)
Stocks of individual interest
Toyota 79.88 +3.77
GM 0.41 -.0.10
Ford 7.27 +1.08
Dow 9108.51 +260.36 (+2.94%)
There's a concept in math called significant digits or figures which basically deals with rounding.
GM is in danger of being rounded right out of significance, at least in the AR Index. When I started the index, I weighted Ford, GM, and Toyota equally...
Read an interesting piece in today's NY Daily News about a guy who uses his Model T as his every day driver.
He says he's getting 40 MPG and thinks Ford should put the Model T back in production.
"Everyone is scratching their heads, looking for an environmentally friendly means of transportation when the answer has been sitting right under our noses for over a century," he said...
Ask Dub Schwartz!
Jul 25, 2009 5:14 am | Categories: ask dub schwartz, commentary, humorPosted by pf_flyer
Dear Dub,
Things are changing so rapidly in the automotive world. We're almost wondering if ten years from now if cars will be anything like they are now at all. Where do you think it's all heading Dub?..
Yep, fate is the only thing that can explain it.
How else could Ford have turned a quarterly profit?
The funniest part is listening to "unbiased" news people trying to explain it away as some accounting trick because the fact that the only automaker not being "saved" by the government is the only one showing a profit makes the whole auto task force and bailout idea look like it was a total waste of money
Yea, Ford was just lucky.
Don't you just love it when you can look at two things and just see that 2+2 does indeed equal 4?
Consider these two headlines:
Toyota Motor To Begin Talks With GM On Pull-Out From US Joint Venture
Toyota Targets Profitability in North America by Next Fiscal Year
Isn't that a remarkable coincidence?
Meet Ron Bloom.
He's the second head of the Automotive Task Force that's part of the government effort to not run General Motors.
His predecessor, Steve Rattner, stepped down from the position last week after less than six months on the job to return to private life in New York...
AR Index 553.23 +16.76 (+3.23%)
Stocks of individual interest
Toyota 76.11 +1.52
GM 0.51 -0.64
Ford 6.19 +0.50
Dow 8848.15 +516.47 (+6.20%)
The stock market is one place where you generally get a good view about what people really think about things because they're voting with their dollars.
Now that we own GM, the stock in our company has only dropped 55%. Yea, I bet we the people are going to come out of this deal smelling like something, but with the way the government seems bent on sticking their noses into the auto business, I'd wager it's not going to be a rose...
"So we are acting as reluctant shareholders, because that is the only way to help GM succeed. What we are not doing, what I have no interest in doing, is running GM."
You know what they say about a politician's moving lips.
This past Thursday, a spending bill was passed in the House...
Dear Dub,
Every year, just when the weather gets nice and I can finally get out on the road and enjoy my car, the road construction starts up and the open roads aren't so open. And this happens every year, most of the time on the same road they worked on the year before.
Detour Hater
Well DH, for years there's apparently been a grass roots movement to try and stop this...
2010 Chevrolet Equinox Cincinnati Dayton Review
Jul 17, 2009 7:32 am | Categories: chevroletPosted by florencehonda
It's here! We have the new 2010 Chevrolet Equinox at our Cincinnati and Dayton Chevy dealerships. I have to say I am impressed...
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