BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Toyota Agrees to Pay $32.4 Million in Fines]]>http://www.bloggingstocks.com/2010/12/21/toyota-to-pay-32-4-million-in-fines/http://www.bloggingstocks.com/2010/12/21/toyota-to-pay-32-4-million-in-fines/http://www.bloggingstocks.com/2010/12/21/toyota-to-pay-32-4-million-in-fines/#commentsFiled under:

Toyota (TM) signJapanese automaker Toyota (TM) announced that it has agreed to pay a record $32.4 million in further fines to the U.S. government to settle an investigation into the way it handled recent recalls.

The company's board of directors agreed to the fines Monday at its board meeting in Japan, and it will not admit to any violations of U.S. laws. Unfortunately for Toyota, this move will not exempt the company from potential civil and criminal penalties in private lawsuits and other federal investigations.

Continue reading Toyota Agrees to Pay $32.4 Million in Fines

Toyota Agrees to Pay $32.4 Million in Fines originally appeared on BloggingStocks on Tue, 21 Dec 2010 12:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>autoscarsfeaturedinthenewsSteve St. Angelotechnical analysisTMToyotaToyota recallTue, 21 Dec 2010 12:00:00 EST<![CDATA[Advance Auto Parts: Ride the Used Car Maintenance Wave]]>http://www.bloggingstocks.com/2010/09/14/advance-auto-parts-ride-the-used-car-maintenance-wave/http://www.bloggingstocks.com/2010/09/14/advance-auto-parts-ride-the-used-car-maintenance-wave/http://www.bloggingstocks.com/2010/09/14/advance-auto-parts-ride-the-used-car-maintenance-wave/#commentsFiled under:

During uncertain economic conditions, it's best to consider investing in a demonstrated business model or two, and auto parts chain Advance Auto Parts (AAP), first discussed here on May 19, 2009 at a price of $43.38, is one.

Advance Auto's 2010 sales will likely increase 5-7% in 2010, followed by a 4-6% gain in 2011, boosted by the opening of about 150 new stores. Same store sales should increase 4-6% in 2010.

Also, margins should increase, aided by efficiency improvements, and market-appropriate prices.

Continue reading Advance Auto Parts: Ride the Used Car Maintenance Wave

Advance Auto Parts: Ride the Used Car Maintenance Wave originally appeared on BloggingStocks on Tue, 14 Sep 2010 16:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AAPAdvance Auto Partscar repairscarsTue, 14 Sep 2010 16:40:00 EST<![CDATA[Will AutoZone Keep Running?]]>http://www.bloggingstocks.com/2010/05/25/will-autozone-keep-running/http://www.bloggingstocks.com/2010/05/25/will-autozone-keep-running/http://www.bloggingstocks.com/2010/05/25/will-autozone-keep-running/#commentsFiled under: ,

AutoZone (AZO) is working today while just about everything else isn't (seems that way, at least). With the Dow comfortably below 10,000 (unfortunate phraseology, to be certain), the car-related stock is up 4% to $191.64 as of this writing. Volume is very good.

That is not far at all from the 52-week high of $193.74. Furthermore, the company's chart looks mighty tempting. It says to an investor, "Buy me!" It says the same thing to a trader, too. This is a situation where momentum appears to be an attractive alternative to all the ugly volatility.

Continue reading Will AutoZone Keep Running?

Will AutoZone Keep Running? originally appeared on BloggingStocks on Tue, 25 May 2010 17:00:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>auto industryAutoZoneAZOcarsinthenewsTue, 25 May 2010 17:00:00 EST<![CDATA[A Dark Side to Obama's Higher Fuel Effciency?]]>http://www.bloggingstocks.com/2010/05/21/a-dark-side-to-obamas-higher-fuel-effciency/http://www.bloggingstocks.com/2010/05/21/a-dark-side-to-obamas-higher-fuel-effciency/http://www.bloggingstocks.com/2010/05/21/a-dark-side-to-obamas-higher-fuel-effciency/#commentsFiled under: , , ,

President Obama is expected to issue an executive order to raise fuels standards for light trucks. Rather than wait for Congress to hash out the issue, Obama is using his executive power to raise the fuel efficiency standards and cut CO2 emissions by cars and light trucks beyond current requirements.

Issuing an executive order to raise fuel efficiency is easy; implementation is going to be the tough part. As General Motors, Ford (F) and Chrysler strive to implement new fuel efficiency standards, there are many tough decisions they will have to make.

Continue reading A Dark Side to Obama's Higher Fuel Effciency?

A Dark Side to Obama's Higher Fuel Effciency? originally appeared on BloggingStocks on Fri, 21 May 2010 15:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>carschryslerepaexecutive ordersfuel economyGeneralMotorsgminthenewsobamaFri, 21 May 2010 15:00:00 EST<![CDATA[Toyota Suspends Sale of Lexus SUV over Safety Concerns]]>http://www.bloggingstocks.com/2010/04/14/toyota-suspends-sale-of-lexus-suv-over-safety-concerns/http://www.bloggingstocks.com/2010/04/14/toyota-suspends-sale-of-lexus-suv-over-safety-concerns/http://www.bloggingstocks.com/2010/04/14/toyota-suspends-sale-of-lexus-suv-over-safety-concerns/#commentsFiled under: , , ,

lexus gx 460 safety concernsIt was not that long ago that Toyota Motor Corp. (TM) was known for the safety of its vehicles, but the past year has been a nightmare for the Japanese automaker. And things took a turn for the worse Tuesday when it was forced to suspend sales of its Lexus GX 460.

The decision to suspend sales of the Lexus SUV came after Consumer Reports hit the model with a rare "Don't Buy" rating due to rollover concerns.

Continue reading Toyota Suspends Sale of Lexus SUV over Safety Concerns

Toyota Suspends Sale of Lexus SUV over Safety Concerns originally appeared on BloggingStocks on Wed, 14 Apr 2010 09:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>autoscarsconsumer reportsfeaturedgx460inthenewsjapanlexusrecallssafetySUVsTMToyotaWed, 14 Apr 2010 09:40:00 EST<![CDATA[Toyota Sales Hit by Recall Concerns]]>http://www.bloggingstocks.com/2010/03/03/toyota-sales-hit-by-recall-concerns/http://www.bloggingstocks.com/2010/03/03/toyota-sales-hit-by-recall-concerns/http://www.bloggingstocks.com/2010/03/03/toyota-sales-hit-by-recall-concerns/#commentsFiled under: , , ,

toyota february salesToyota Motor Company (TM) has definitely been feeling the impact of its current recall crisis. The company that once had a strong reputation for safe and reliable cars has seen that image tarnished, and the effects are being felt on the company's dealer lots.

February was a tough month for the company, and concerns over the safety of the company's vehicles led to a reported 8.7% dip in sales last month.

Continue reading Toyota Sales Hit by Recall Concerns

Toyota Sales Hit by Recall Concerns originally appeared on BloggingStocks on Wed, 03 Mar 2010 10:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>autoauto salescarsFfeaturedFordinthenewsTMToyotatoyota recalltrucksWed, 03 Mar 2010 10:00:00 EST<![CDATA[AutoZone's Q2: Is the Stock's Fuel Tank Still Full?]]>http://www.bloggingstocks.com/2010/03/03/autozones-q2-is-the-stocks-fuel-tank-still-full/http://www.bloggingstocks.com/2010/03/03/autozones-q2-is-the-stocks-fuel-tank-still-full/http://www.bloggingstocks.com/2010/03/03/autozones-q2-is-the-stocks-fuel-tank-still-full/#commentsFiled under: ,

AutoZone (AZO), a distributor of replacement items for motorized vehicles, posted a very good second quarter on Tuesday. Net sales increased 4%, and earnings per diluted share went into high gear, rising over 21% to $2.46. According to our earnings preview, the analysts were expecting only $2.34 per share.

Gross margin experienced an expansion, as did the return on invested capital metric (the latter being measured over the trailing four quarters). Both of these developments indicate that execs are skillfully managing the underlying fundamentals of the business. Domestic same-store sales didn't rise as robustly as they did back during the first quarter, moving up only 1%. I would have liked to have seen a better stat on that one, but overall, I'm not going to complain too much, unless I detect a weakening trend in coming months.

Continue reading AutoZone's Q2: Is the Stock's Fuel Tank Still Full?

AutoZone's Q2: Is the Stock's Fuel Tank Still Full? originally appeared on BloggingStocks on Wed, 03 Mar 2010 09:00:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>auto industryAutoIndustryautozoneAZOcarsWed, 03 Mar 2010 09:00:00 EST<![CDATA[Toyota Official Testifies That Recall May Not Totally Fix Problems]]>http://www.bloggingstocks.com/2010/02/23/toyota-official-testifies-that-recall-may-not-totally-fix-proble/http://www.bloggingstocks.com/2010/02/23/toyota-official-testifies-that-recall-may-not-totally-fix-proble/http://www.bloggingstocks.com/2010/02/23/toyota-official-testifies-that-recall-may-not-totally-fix-proble/#commentsFiled under: , , , , , ,

The recent massive safety recalls by Toyota Motor Company (TM) have definitely hurt the company's image, and the uncertainty over the current safety of its vehicles has left many people wondering what exactly is going on with the Toyota recall. If people were concerned before, they are sure to be a bit more confused after a Toyota executive testified in front of the House Energy and Commerce Committee today that the recall may not "totally solve" the current problems.

Last week Toyota's president, Akio Toyoda, was asked to come before Congress and testify over the current safety recalls. Mr. Toyoda will answer questions tomorrow, but today it was James E. Lentz III, the president of Toyota Motor Sales U.S.A., that had his chance to answer questions in front of Congress.

Continue reading Toyota Official Testifies That Recall May Not Totally Fix Problems

Toyota Official Testifies That Recall May Not Totally Fix Problems originally appeared on BloggingStocks on Tue, 23 Feb 2010 18:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>autoscarsehiclesrecallsafety recallSafetyRecalltoyodatoyotatoyota recallToyotaRecallTue, 23 Feb 2010 18:00:00 EST<![CDATA[Goodyear's Road Should Be Smoother in 2010]]>http://www.bloggingstocks.com/2010/02/09/goodyear-s-road-should-be-smoother-in-2010/http://www.bloggingstocks.com/2010/02/09/goodyear-s-road-should-be-smoother-in-2010/http://www.bloggingstocks.com/2010/02/09/goodyear-s-road-should-be-smoother-in-2010/#commentsFiled under: , ,

The stock of The Goodyear Tire & Rubber Company (GT), which I first wrote about on May 5, 2009, at a price of $13.30, has given back most of the gains registered in 2009, but I still like the company's business model and prospects, for several reasons.

First and foremost, it appears the long auto sector depression in the U.S. is over: miles driven fell substantially in 2009, due to fewer drivers and consumer belt-tightening. Further, while no one should expect 1960s-style suburban traffic growth, last year's negative mileage pattern is unlikely to be repeated in 2010.

Continue reading Goodyear's Road Should Be Smoother in 2010

Goodyear's Road Should Be Smoother in 2010 originally appeared on BloggingStocks on Tue, 09 Feb 2010 18:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>carstiresused carsUsedCarsTue, 09 Feb 2010 18:00:00 EST<![CDATA[Finally, a Replacement for 'Big Oil'?]]>http://www.bloggingstocks.com/2009/12/22/finally-a-replacement-for-big-oil/http://www.bloggingstocks.com/2009/12/22/finally-a-replacement-for-big-oil/http://www.bloggingstocks.com/2009/12/22/finally-a-replacement-for-big-oil/#commentsFiled under: ,

Can any fuel form make a serious run at oil use in the U.S. in the decade ahead? Natural gas might -- largely as a result of natural gas' abundant domestic supply, if new drilling techniques are deemed environmentally safe.

Briefly, the new techniques -- including one called 'hydraulic fracturing' -- enables natural gas suppliers to profitably access more gas than before. As a result, the Potential Gas Committee says the United States now has a more than a 100-year supply of natural gas.

Continue reading Finally, a Replacement for 'Big Oil'?

Finally, a Replacement for 'Big Oil'? originally appeared on BloggingStocks on Tue, 22 Dec 2009 17:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>carsfeaturednatural gasoilTue, 22 Dec 2009 17:00:00 EST<![CDATA[One doesn't need a Copenhagen Summit to make U.S. cars more efficient]]>http://www.bloggingstocks.com/2009/12/10/one-doesnt-need-a-copenhagen-summit-to-make-u-s-cars-more-effi/http://www.bloggingstocks.com/2009/12/10/one-doesnt-need-a-copenhagen-summit-to-make-u-s-cars-more-effi/http://www.bloggingstocks.com/2009/12/10/one-doesnt-need-a-copenhagen-summit-to-make-u-s-cars-more-effi/#commentsFiled under:

The Copenhagen Summit sometimes gives observers the impression that elaborate formulas and systems are needed to reduce greenhouse gases.

And, to be sure, a cap-and-trade system (or an equivalent) at the national level, and then coordinated at the international level, will be needed to ensure that nations are reforming their climate changing ways.

However, the above does not mean substantive greenhouse gas reductions cannot occur outside of the Copenhagen framework. They can, and one obvious way is: reduce the weight of vehicles.

Continue reading One doesn't need a Copenhagen Summit to make U.S. cars more efficient

One doesn't need a Copenhagen Summit to make U.S. cars more efficient originally appeared on BloggingStocks on Thu, 10 Dec 2009 17:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>carboncarscopenhagen summitCopenhagenSummitemissionsgreenhouse gasesGreenhouseGasesThu, 10 Dec 2009 17:30:00 EST<![CDATA[Advance Auto Parts: Pull-back is buy opportunity]]>http://www.bloggingstocks.com/2009/11/30/advance-auto-parts-pull-back-is-buy-opportunity/http://www.bloggingstocks.com/2009/11/30/advance-auto-parts-pull-back-is-buy-opportunity/http://www.bloggingstocks.com/2009/11/30/advance-auto-parts-pull-back-is-buy-opportunity/#commentsFiled under:

Advance Auto Part's (AAP) stock has retreated about $7 since mid-summer, but I'm nevertheless reiterating my buy rating for the company, first recommended on May 19, 2009 at a price of $43.38. Here's why.

Advance Auto's stock appears to be the victim of some tad-early, year-end, profit-taking by short-term institutional investors (IIs). AAP posted Q3 EPS of 65 cents -- very close to the First Call Q3 EPS estimate of 66 cents; AAP also reported a 4.7% increase in same store sales in Q3. The two data points helped AAP recover slightly from its $47 to $37 swoon, with shares now trading at/near $39.50, supporting the analysis that the preceding plunge has the look of selected institutions 'getting out, early' ahead of the December crush.

Continue reading Advance Auto Parts: Pull-back is buy opportunity

Advance Auto Parts: Pull-back is buy opportunity originally appeared on BloggingStocks on Mon, 30 Nov 2009 17:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>advance auto partsAdvanceAutoPartsautomobilecar repairCarRepaircarsMon, 30 Nov 2009 17:00:00 EST<![CDATA[Ford (F) posts surprising profit for its third quarter]]>http://www.bloggingstocks.com/2009/11/02/ford-f-posts-surprising-profit-for-its-third-quarter/http://www.bloggingstocks.com/2009/11/02/ford-f-posts-surprising-profit-for-its-third-quarter/http://www.bloggingstocks.com/2009/11/02/ford-f-posts-surprising-profit-for-its-third-quarter/#commentsFiled under: , , , ,

American auto maker Ford Motor (NYSE: F) gave investors a reason to smile this morning when it posted a surprising $1 billion profit for its third quarter.

Going into this morning's earnings release, analysts had expected to see the Dearborn, Michigan-based auto manufacturer to lose 12 cents per share. But Ford had other ideas, posting a profit of 29 cents per share, or $997 million.

Continue reading Ford (F) posts surprising profit for its third quarter

Ford (F) posts surprising profit for its third quarter originally appeared on BloggingStocks on Mon, 02 Nov 2009 08:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>auto makersAutoMakerscarscash for clunkersCashForClunkersDearbornearningsFfeaturedFordMon, 02 Nov 2009 08:20:00 EST<![CDATA[Ford sales fall in September]]>http://www.bloggingstocks.com/2009/10/01/ford-f-sales-fall-in-september/http://www.bloggingstocks.com/2009/10/01/ford-f-sales-fall-in-september/http://www.bloggingstocks.com/2009/10/01/ford-f-sales-fall-in-september/#commentsFiled under: , , , ,

It should not come as too big of a surprise, but American auto maker Ford Motor (NYSE: F) announced today that its sales fell by 5.1% in September.

Following this summer's widely popular "cash for clunkers" program, it was some what expected that demand would weaken during September as so many people had just recently purchased new cars to take advantage of the government program.

Continue reading Ford sales fall in September

Ford sales fall in September originally appeared on BloggingStocks on Thu, 01 Oct 2009 16:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>autoauto makersAutoMakerscam salesCamSalescar dealersCarDealerscarscash for clunkersCashForClunkersFfeaturedFordinthenewsThu, 01 Oct 2009 16:20:00 EST<![CDATA[CarMax taps 16-month high after solid 2Q earnings]]>http://www.bloggingstocks.com/2009/09/22/carmax-taps-16-month-high-after-solid-2q-earnings/http://www.bloggingstocks.com/2009/09/22/carmax-taps-16-month-high-after-solid-2q-earnings/http://www.bloggingstocks.com/2009/09/22/carmax-taps-16-month-high-after-solid-2q-earnings/#commentsFiled under:

CarMax Inc. (NYSE: KMX) rallied to a new 52-week high Tuesday after topping analysts' second-quarter earnings expectations. The used-car retailer reported a quarterly profit of $103 million, or 46 cents per share, while net sales jumped 13% to $2.1 billion. By contrast, analysts were expecting net income of just 18 cents per share on $1.77 billion in revenue.

"The government's CARS, or 'cash for clunkers,' program resulted in a spike in traffic in late July and August," explained CEO Tom Folliard. Same-store used-unit sales for the quarter climbed 8%, bouncing back from a 17% drop in the first quarter.

Continue reading CarMax taps 16-month high after solid 2Q earnings

CarMax taps 16-month high after solid 2Q earnings originally appeared on BloggingStocks on Tue, 22 Sep 2009 11:50:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>CarMaxCARScash for clunkersearnings reportinthenewsKMXsecond-quarter earningsshort interestshort sellersshort squeezetechnical analysisTue, 22 Sep 2009 11:50:00 EST<![CDATA[GM dealers want more cars]]>http://www.bloggingstocks.com/2009/09/21/gm-dealers-want-more-cars/http://www.bloggingstocks.com/2009/09/21/gm-dealers-want-more-cars/http://www.bloggingstocks.com/2009/09/21/gm-dealers-want-more-cars/#commentsFiled under: , , , , , , ,

General MotorsThe past couple of months there has been a lot of news over the government's recent "cash for clunkers" program, which was wildly more successful than anyone could have imagined, but left dealer lots short on inventory. General Motors dealers are still dealing with low inventory and have requested more cars to meet recent demand.

According to the Detroit News, General Motors dealers have requested that the company ship as much as four times as many cars as the company had planned to build in October.

Continue reading GM dealers want more cars

GM dealers want more cars originally appeared on BloggingStocks on Mon, 21 Sep 2009 17:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>autoauto salesAutoSalescar dealersCarDealerscarscash for clunkersCashForClunkersGeneral MotorsGeneralMotorsGMMon, 21 Sep 2009 17:00:00 EST<![CDATA[Pep Boys tops estimates by a penny in the second quarter, comps decline]]>http://www.bloggingstocks.com/2009/09/09/pep-boys-tops-estimates-by-a-penny-in-the-second-quarter-comps/http://www.bloggingstocks.com/2009/09/09/pep-boys-tops-estimates-by-a-penny-in-the-second-quarter-comps/http://www.bloggingstocks.com/2009/09/09/pep-boys-tops-estimates-by-a-penny-in-the-second-quarter-comps/#commentsFiled under: , ,

The Pep Boys -- Manny, Moe & Jack (NYSE: PBY) issued Q2 earnings on Tuesday after the bell. The aftermarket service business for automobiles, whose related companies include AutoZone (NYSE: AZO) and AutoNation (NYSE: AN), said net sales fell about 2%, and earnings per share increased 50% to 15 cents. The earnings growth was actually better than that since there were a couple of items in the previous year's quarter that benefited the bottom line.

According to Reuters, the expectation was for 14 cents per share in net income. Yep, we got the beat-by-a-penny cliche in full effect here. Management credited cost containment and service sales as drivers for the quarter.

Continue reading Pep Boys tops estimates by a penny in the second quarter, comps decline

Pep Boys tops estimates by a penny in the second quarter, comps decline originally appeared on BloggingStocks on Wed, 09 Sep 2009 08:30:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>ANauto industryAutoIndustryautonationautozoneAZOcarsfeaturedPBYPep BoysPepBoysWed, 09 Sep 2009 08:30:00 EST<![CDATA[No surprise, Ford sees sales boost in August]]>http://www.bloggingstocks.com/2009/08/28/no-surprise-ford-sees-sales-boost-in-august/http://www.bloggingstocks.com/2009/08/28/no-surprise-ford-sees-sales-boost-in-august/http://www.bloggingstocks.com/2009/08/28/no-surprise-ford-sees-sales-boost-in-august/#commentsFiled under: , , , ,

Ford Auto SalesIt should not come as any surprise, but Ford Motor Company (NYSE: F) announced today that August saw an industry wide increase in auto sales.

Of course, the increase in sales can be attributed to the highly popular "cash for clunkers" program that brought auto buyers out in huge numbers. The August increase is the first time auto sales have moved higher in over 2 years.

Continue reading No surprise, Ford sees sales boost in August

No surprise, Ford sees sales boost in August originally appeared on BloggingStocks on Fri, 28 Aug 2009 16:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>auto salesautosAutoSalescarscash for clunkersCashForClunkersFFordMark FieldsMarkFieldsFri, 28 Aug 2009 16:20:00 EST<![CDATA[Cash for Clunkers program to end on Monday]]>http://www.bloggingstocks.com/2009/08/20/cash-for-clunkers-program-to-end-on-monday/http://www.bloggingstocks.com/2009/08/20/cash-for-clunkers-program-to-end-on-monday/http://www.bloggingstocks.com/2009/08/20/cash-for-clunkers-program-to-end-on-monday/#commentsFiled under: , ,

cash for clunkersIf you are getting tired of reading all the news on the government's "cash for clunkers" program, don't worry... the Obama administration announced this afternoon that the popular incentive program will come to an end this Monday.

There has been a lot of controversy over the program as of late, but one thing is for sure, car buyers have definitely been taking advantage of the program since it launched last month.

Continue reading Cash for Clunkers program to end on Monday

Cash for Clunkers program to end on Monday originally appeared on BloggingStocks on Thu, 20 Aug 2009 19:10:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>autoscarscash for clunkersCashForClunkersfeaturedfuel efficiencyFuelEfficiencygasincentivesObamapoliticstransportationThu, 20 Aug 2009 19:10:00 EST<![CDATA[Ford boosts fourth quarter production]]>http://www.bloggingstocks.com/2009/08/13/ford-f-boosts-fourth-quarter-production/http://www.bloggingstocks.com/2009/08/13/ford-f-boosts-fourth-quarter-production/http://www.bloggingstocks.com/2009/08/13/ford-f-boosts-fourth-quarter-production/#commentsFiled under: , , , , , , , ,

Ford boosts fourth quarter productionWith so many people rushing out to take advantage of the "cash for clunkers" program, American auto maker Ford Motor (NYSE: F) has announced that it will be significantly boosting fourth quarter production.

There has been a lot of debate over whether or not the "cash for clunkers" program is good for the economy, but there is little debate as to its popularity. The program offers up to a $4,500 incentive for people exchanging their old gas guzzlers in for newer, more fuel efficient vehicles, and has been much more popular than anyone could have imagined.

Continue reading Ford boosts fourth quarter production

Ford boosts fourth quarter production originally appeared on BloggingStocks on Thu, 13 Aug 2009 15:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>autoscar dealersCarDealerscarscash for clunkersCashForClunkersChryslerFord focusFordFocusGeneral MotorsGeneralMotorsinthenewsused carsUsedCarsThu, 13 Aug 2009 15:20:00 EST