Silver as an investment

Category Archives: Chrysler

Auto OEMs Plan To Flood Market With New Electric Car Models Despite Massive Losses

By silveristhenew | Published October 2, 2017

Last month we noted that Tesla really outdid itself in 2Q 2017 by posting a record cash burn of $1.2 billion, or roughly $13 million every single day.  Per the chart below, Tesla's Q2 cash burn was just a continuation of the company's money-losing trend that goes back at least 6 years and seems to […]

Also posted in Automotive industry, business, China, Daimler, Dyson, Electric Car, Electric vehicle, Electric vehicle conversion, Electric vehicles, Environment, expensive battery technology, fuel cells, General Motors, Hybrid electric vehicle, International Energy Agency, Italy, Mercedes-Benz, Plug-in hybrid, Porsche, Reality, Sustainable technologies, Tesla Model S, Tesla, Inc., transport, United Kingdom, Volkswagen, Volvo | Tagged , | Comments Off on Auto OEMs Plan To Flood Market With New Electric Car Models Despite Massive Losses

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

By silveristhenew | Published August 21, 2017

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 […]

Also posted in American Motors, Auburn Hills, Michigan, Automotive industry in China, business, China, Economy, Fiat Chrysler Automobiles, Great Wall Motors, Jeep, Morgan Stanley, Reuters, transport, Volvo, Volvo Cars, Yale | Tagged | Comments Off on Fiat Chrysler Shares Soar After China’s Great Wall Confirms Interest

“From Nukes To Terrorism”: Battered Investors Flee Risk For Safety Of Bonds And Gold

By silveristhenew | Published August 18, 2017

The global risk-off mood accelerated overnight on Trump “stability concerns”, coupled with fallout from the Spain terrorist attack and lingering North Korea tensions, even if the VIX is off its latest highs, trading just above 15. Investors fled into German and U.S. Treasury bonds and bought gold for the third day in a row, as […]

Also posted in Anti-Defamation League, ASX 200, BAC, Bank of Japan, Bond, Brazil, business, CAD, China, Conference Board, Consumer Sentiment, Continuing Claims, Copper, CPI, Crude, Currency, DAX 30, Deutsche Bank, Deutsche Börse, Dow 30, ecb, Economic Growth, Economy, Economy of the European Union, Equity Markets, Euro, European Court of Justice, European Union, EuroStoxx, Eurozone, fdic, Federal Government, fixed, Foreign Exchange Market, FTSE 100, German Constitutional Court, Gilts, Hang Seng 40, ibex 35, index, Initial Jobless Claims, Jim Reid, Kospi, Michigan, MSCI Asia Pacific, NASDAQ, Nasdaq 100, Nikkei, nikkei 225, People's Bank Of China, Philadelphia Fed, Philadelphia Fed business, Precious Metals, S$P, S&P 500, S&P/ASX 200, senate, Shenzhen, Stoxx, Stoxx 600, SWIFT, the University of Michigan, topix, Trump Administration, U.S. Dollar Index, U.S. Treasury, University Of Michigan, US Dollar Index, VIX, White House, Yen | Tagged , | Comments Off on “From Nukes To Terrorism”: Battered Investors Flee Risk For Safety Of Bonds And Gold

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

By silveristhenew | Published August 1, 2017

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 […]

Also posted in Auburn Hills, Michigan, Auto Sales, Automotive industry, Automotive industry crisis of 2008–10, Automotive industry in the United States, business, Chevrolet, Detroit, Dodge, Economy of the United States, Ford, Ford Motor Company, Sport utility vehicle, Toyota, transport | Comments Off on Carmageddon: Ford & GM Sales Tank Despite Record July Incentive Spending

Federal Indictment Alleges Chrysler And UAW Execs Stole Millions From Employee Training Programs

By silveristhenew | Published July 31, 2017

For any UAW employees out there who still think their union is anything more than a ponzi scheme designed to effectively tax membership while enriching a few ‘bosses’ at the top of the pyramid, you should probably take note of a federal indictment that was filed late last week alleging that Chrysler executives conspired with […]

Also posted in Automotive industry in the United States, Bob King, business, Congress of Industrial Organizations, Corruption, Department of Justice, Detroit, Economy, Ferrari, Fiat Chrysler Automobiles, Las Vegas, law, National Training Center, Private Jet, Testimony, Training Center, U.S. Attorney’s Office, United Automobile Workers, Washington D.C., Wayne State University Law School | Comments Off on Federal Indictment Alleges Chrysler And UAW Execs Stole Millions From Employee Training Programs

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

By silveristhenew | Published July 25, 2017

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 […]

Also posted in American people of German descent, Automotive industry, business, Chevrolet, China, Climate change skepticism and denial, Compact cars, Donald Trump, Ford, Ford Motor Company, General Motors, Hatchbacks, Mexico, Michigan, The Apprentice, Toyota, transport, Wall Street Journal, White House | Comments Off on Hecho En Mexico: 2017 Auto Production In Mexico Surges Despite Trump Attacks

We Didn’t Learn a Damned Thing from the Crash of 2008

By silveristhenew | Published July 4, 2017

johngaltfla.com / by John Galt / July 4, 2017  The screen shot pictured above is from the end of the hit movie, “The Big Short.” It could just as easily said: “In the end, we all get fucked by the man.” America has taken a dramatic shift away from the crash of 2008. Everyone thought that once […]

Also posted in Ben Bernanke, General Motors | Tagged , | Comments Off on We Didn’t Learn a Damned Thing from the Crash of 2008

Frontrunning: May 24

By silveristhenew | Published May 24, 2017

Trump Meets With Pope Francis After Policy Clashes (WSJ) Fed Minutes to Offer Clues on Debate Over Path of Rate Increases (WSJ) Manchester bomber had ‘proven’ links to Islamic State (Reuters) U.K. Chides U.S. for Leaking Manchester Bombing Probe Details (BBG) Manchester Bomber, Salman Abedi, Is Thought to Have Traveled to Syria (NYT) ‘No defeat, […]

Also posted in Apple, Australia, Barclays, Bitly, Bunge Limited, business, Canton of Zug, China, Conservative Party, credit union, Economy, Fannie Mae, Federal Communications Commission, Federal Government, Fiat Automobiles, finance, Glencore, High Court, Italy, Italy Coast Guard, Kazzinc, Moody's Investors Service, OPEC, Organization of Petroleum-Exporting Countries, Reuters, Royal Bank of Scotland, Sovereign Debt, Stephen Colbert, U.S. federal government, U.S. Justice Department, US government, Walgreens Boots Alliance | Comments Off on Frontrunning: May 24

Selloff Accelerates As Trump Fears Mount: “The Market Will Revert To Much Higher Volatility”

By silveristhenew | Published May 18, 2017

European and Asian stocks slumped on Thursday following the worst one-day drop in US stocks in 8 months, while S&P futures tumbled to session lows, down 0.3% to 2,350 after initially posting a modest rebound, following a new Reuters report alleging that Trump campaign members communication with Russians on at least 18 occasions, and which […]

Also posted in ASX 200, b, Ben Bernanke, Bond, Brazil, business, CAD, China, congress, Continuing Claims, Copper, Decline AAC Technologies, Dismissal of United States Attorneys controversy, Donald Trump, Dow 30, Equity Markets, European Central Bank, European Union, EUROSTOXX 50, Executive Board, FBI, Federal Bureau of Investigation, finance, fixed, Flight to Safety, Germany, Hang Seng 40, Hang Seng China Enterprises, headlines, Hong Kong, House Oversight Committee, Initial Jobless Claims, James Comey, Japan, Jim Reid, Mathematical finance, Monetary Policy, MSCI Asia Pacific, NASDAQ, Nasdaq 100, Newspaper, Nikkei, nikkei 225, OPEC, Organization of Petroleum-Exporting Countries, Philadelphia Fed, Philadelphia Fed manufacturing, Philly Fed, Precious Metals, Price Action, Reuters, Russell 2000, S&P 500, S&P 500 banks, S&P/ASX 200, senate, Senate Intelligence Committee, Steven Mnuchin, Stoxx 600, Technical Analysis, Testimony, topix, Trump Administration, U.S. Justice Department, U.S. Treasury, United Nations, United States, VIX, Volatility, White House, Yen | Tagged , , , | Comments Off on Selloff Accelerates As Trump Fears Mount: “The Market Will Revert To Much Higher Volatility”

Tesla Faces New Model 3 Delay As German Workers Threaten Strike; More Headaches For Musk Emerge

By silveristhenew | Published April 16, 2017

In the latest potential setback for the on-time delivery of Tesla’s Model 3, I4U reports that Tesla is facing a potential strike at its new German subsidiary. Tesla acquired Grohmann, a specialized machine manufacturer, for about $150 million several months ago and now the German Trade Union IG Metall has warned that it is exploring […]

Also posted in Apple, Automotive industry, Autonomous car, Economy of the United States, Electric Car, Elon Musk, Ford, Gigafactory 1, Newspaper, Nikola Tesla, Reuters, self-driving car technology, Smartphones, Tesla Model 3, Tesla Model S, Tesla, Inc., transport, Wireless energy transfer | Comments Off on Tesla Faces New Model 3 Delay As German Workers Threaten Strike; More Headaches For Musk Emerge