Exchange Traded Funds (ETF) cover just about every industry and sector except the one that is growing by leaps and bounds in emerging markets - the global auto industry.
Today in General Motors’ Oshawa Assembly Plant in Canada, production of the new 2011 Chevrolet Camaro Convertible began and NASCAR legends Rick Hendrick and Dale Earnhardt Jr. were on hand for the momentous occasion.
The 2012 Ford Focus is part of the Motor Company’s “One Ford” plan to offer the same vehicles around the world and recently TorqueNews had a chance to drive the newest C-segment sedan and hatchback before they hit showrooms later this year.
Chrysler has announced that they will be issuing performance bonuses for many American and Canadian employees with hourly workers getting around $750 as soon as next week.
Earlier this month, Shelby American announced that they would be producing a special set of limited edition modern Shelby Cobra roadsters to commemorate the 50th anniversary and today, Shelby announced that these 50 new Cobras sold out in less than 48 hours after going on sale.
Despite the rebound move just before the State of the Union Address, General Motors (NYSE: GM) is showing weakness from Friday's close, even after the first hour of Monday morning trading.
Almost a year ago, the Chrysler Group announced that their Ram brand (then Dodge Ram trucks) would be offering a small fleet of plug-in electric hybrid (PHEV) trucks using the popular 5.7L Hemi and at the Washington DC Auto Show, the new Ram Hybrid made its formal debut.
