October 2007 Automotive Sales Numbers

Another month has come and gone in the car business – with good tidings for some, and not so much for others. There are a few surprises in the mix – notably Mercury with a 20% increase over last October. Who would’ve though? Anyway, here are some of the winners: Kia – +20.5% – I [...]

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Ford – Back in Black

After a stunning 8 consecutive quarterly losses, Ford is back in the black.  In fact, they’re way in the black – they posted a $750 million profit for the second quarter.  Really that number looks a lot better than it is – excluding special / one-time items, the profit was $258 million.  Either way, it’s [...]

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Chrysler Sold for $7.45 Billion

This may go down in history as one of the worst investments of all time, or one of the best.  The way things look right now, I’d lean towards the latter.  Daimler-Benz paid $36 billion for Chrysler in the “merger of equals” / takeover way back in 1998.  So, 8 years later, Chrysler is worth [...]

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March 2007 Sales Numbers

Well, I can sum up the numbers for March 2007 in just one short sentence. Chrysler, Ford, and GM down, Honda, Nissan,and Toyota up. Who wouldn’t thought – make quality vehicles and people will buy them. Man that was easy – I need to start summarizing more often. Link.

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February 2007 Sales Numbers

Autoblog has the detailed list if you want to read the long version. I’ll give you the short version, straight and to the point. Here’s the highlights: Saturn comes out of nowhere, and is up 59% over last February – good for them! Buick continues to die, with sales off 29.5%. With the average customer’s [...]

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Want to test drive a Saturn? Stay at home

Saturn is famous for their pricing policy – the price is on the sticker, and that’s final.  If you don’t like it, you’re welcome to buy something else.  Now GM’s rejuvenated one-price brand is adding a new trick to their bag – test drives at your home.  Anyone who is in the market for a [...]

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ExxonMobil sets all-time profit record for entire U.S.

ExxonMobil put more profit on the books in 2006 than any other company in the history of the United States of America.  If that doesn’t sink in, then I don’t know what to tell you.  ExxonMobil recorded a net profit of $39.5 BILLION last year.  That’s just about $4.5 million per hour for the entire year [...]

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January 2007 Sales Numbers

The sales numbers for January of 2007 are in, and things are pretty ugly across the board.  I’m just going to touch on a few that jump out at me – you can read the full story at Autoblog. GM took a 22% nosedive, partly because of reduced fleet sales, which is a good thing [...]

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