Silver as an investment

Category Archives: Chevrolet

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 […]

Hecho En Mexico: 2017 Auto Production In Mexico Surges Despite Trump Attacks

Earlier this year, before then President-elect Trump even moved into the White House, he picked several very public fights with auto manufacturers over their increasing reliance on Mexico for incremental production volumes.  In a January 3rd tweet, the President-elect said “General Motors is sending Mexican made model of Chevy Cruze to U.S. car dealers-tax free […]

GM Reports Record “Channel Stuffing”: Dealer Auto Inventory Highest Since June 2007

As we await all US carmakers to report June auto sales, we remind readers that when we discussed last month’s disappointing monthly car sales report, which badly missed expectations showing the fifth consecutive month of declining auto sales – the first time this has happened since July 2009 –  with domestic light vehicle auto sales […]

Trump Takes Aim At GM, Says Should “Make Car In The US Or Pay Big Border Tax”

Having previously spooked shareholders of Boeing and Lockheed, moments ago Trump started off his week by taking aim at none other than the company bailed out by Barack Obama in one of the most controversial bankruptcies in recent history, General Motors. In a tweet, the President-elect said “General Motors is sending Mexican made model of […]

“Brutally Callous” Emails Show GM Ordered New Ignition Switches Months Before Alerting Regulators

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. zerohedge.com / by Tyler Durden on 11/09/2014 21:16 Despite testifying that she wasn’t informed of the deadly ignition-switch problem until late December 2013,The Wall Street Journal reports that, according to emails it has obtained, GM ordered a half-million replacement ignition […]