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Jan. 5, 2011 News Topics

Still catching up on the financial results

Frank Sherosky    January 5, 2011 - 1:20PM

Despite the IPO day opening above the 33 level at 35, GM took 28 days to breach the IPO day high of 35.99. Now it has breached the 38 level. Is this due to the annual pump from the NAIAS press, or is it based on the perception of sales and fundamentals by analysts, with projections of $50 per share?

Note: will link Patrick's GM sales article

Frank Sherosky    January 5, 2011 - 3:20PM

After decades of steady and impressive growth, Toyota’s recall issues have taken its toll on its position in the U.S. auto market, falling from second to third place, behind General Motors and Ford Motor Co. However, the stock price has yet to reflect any such downgrade by investors.

Note: will link to Jeffrey's article about TM auto sales

Frank Sherosky    January 5, 2011 - 6:39PM

Automakers have strict guidelines to keep product news secret these days. After all, with all the tech gadgets available today, you have to literally go out of your way not to communicate. So, it’s easy to understand how Renault could have its electric vehicle plans compromised, especially when it’s an inside job.

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