Silver as an investment

Category Archives: Auburn Hills, Michigan

Fiat Chrysler Shares Soar After China’s Great Wall Confirms Interest

Last week AutomotiveNews reported rumors that at least one Chinese automaker had made a bid for Fiat Chrysler (FCA) at a slight premium to the company’s prevailing market price though it was reported rejected.  While it’s unclear whether an official bid was made, this morning Reuters is confirming that China’s Great Wall Motor Company has […]

Carmageddon: Ford & GM Sales Tank Despite Record July Incentive Spending

It was hard to find a bright spot for auto investors in July’s auto sales figures released earlier today with GM down 15% YoY, Ford off 7% and Chrysler down 11%. The companies blamed the drops on lower fleet sales but GM’s retail sales also fell 14.4% from July 2016.  Meanwhile, Ford and Fiat Chrysler […]

What’s A Money-Losing Company Worth?

Via ConvergEx's Nicholas Colas, All the chatter about one recent IPO got us thinking about an underappreciated question: “How exactly should you value a money losing company?”  In a former life as an auto analyst, I covered a lot of loss-making companies, and there are basically 5 types of cash burners.  Four represent potentially good […]

Fiat Tumbles (Again) As DOJ Prepares Criminal Emissions Probe

A day after the EPA announced their probe of Fiat Chrysler’s alleged “cheating” over diesel emissions tests, the company now faces criminal charges as the US department of Justice has joined the probe. As Bloomberg reports, Fiat Chrysler is now also under investigation by the U.S. Justice Department over its alleged failure to disclose software […]