Archive for financials

Filed under: Government/Legal , GM , Earnings/Financials According to The Wall Street Journal , members of the U.S. Treasury are worried about General Motors ‘ upcoming IPO. They aren’t concerned for the automaker’s stock price, or how even how many investors may decide to buy into the company – they’re concerned about what country the money is coming from.

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U.S. to limit foreign investors in GM IPO?

Filed under: Car Buying , Etc. , Earnings/Financials Map Powered by Tableau It’s that time of the year again, kids. Manufacturers are busy trying to put people in cars in order to move leftover stock and make room for incoming models, and many are doing so with ridiculously low financing rates.

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Who pays the highest auto loan interest rates in the country?

Filed under: Saab , Earnings/Financials , Spyker An accounting rule, among other things, is ostensibly to blame for Spyker posting a loss and having to declare negative shareholder equity with more liabilities than assets. According to Automotive News , the new owner of Saab had counted General Motor ‘s $326 million in redeemable preference shares in the company as equity, not a liability . So with the company having just got its factory going in October and only having sold 10,500 cars in the first six months of this year, the hard numbers are a loss of €139.1 million ($177.2M U.S.) on €243.1 million in sales ($309.8M U.S.).

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Report: Spyker posts loss, expects to lose more

Filed under: Car Buying , Earnings/Financials NADA picks vehicles with the best cost of ownership – Click above for high-res image gallery We’ve all been there. A new car model of some variety or another strikes our fancy, we start playing around with the configurator, and before long we’re staring at a nice, tidy monthly payment on the computer screen. It seems reasonable. With a little starvation and the occasional dabbling in petty crime, it might even be easy to hand over that stack of hundred-dollar bills each and every month

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NADA picks vehicles with best cost of ownership