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Wednesday, May 16, 2012

DAILY: Ford to replace U.S. models fastest through 2016, report says | GM's Akerson impatient to improve his 'B' grade as CEO | GM stock rises after Berkshire reports investment

DAILY NEWSLETTER May 16, 2012
 
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Ford to replace U.S. models fastest through 2016, report says
image DETROIT (Bloomberg) -- Ford Motor Co. will lead the industry in introducing new or refreshed vehicles in the U.S. at the fastest rate for model years 2013 through 2016, according to a Bank of America Merrill Lynch report today.
Ford will replace 26 ...
>> story  Published: May 16 1:04 pm U.S. Eastern time
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GM's Akerson impatient to improve his 'B' grade as CEO
image DETROIT (Bloomberg) -- Dan Akerson, who became CEO at General Motors Co. in 2010, gives himself a "B" for his performance so far. He has too much work to do to think about retiring for at least another year or two, he said.
GM's accomplishments on ...
>> story  Published: May 16 7:12 am U.S. Eastern time

GM stock rises after Berkshire reports investment
imageDETROIT (Bloomberg) -- General Motors Co. stock gained as much as 4.3 percent, the most in almost a month, after Warren Buffett's Berkshire Hathaway Inc. disclosed it bought a stake in the automaker.
GM finished the day rising 2.3 percent to $21.91 ...
>> story  Published: May 15 5:04 pm U.S. Eastern time / UPDATED: 5/16/12 4:16 pm ET - updated with stock close [REG]
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  • Price Daily change 52-week high / low
    General Motors 21.91 +2.29% 32.08 / 19.00
    Ford 10.16 +0.10% 15.32 / 9.05
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    General Motors 21.91 +2.29% 32.08 / 19.00
    Gentex 22.64 +1.39% 32.21 / 20.69
    BMW* 27.11 +0.97% 35.30 / 19.13
    CarMax 28.65 +0.60% 35.17 / 22.77
    AutoNation 34.92 +0.34% 41.55 / 30.46
    Bottom Performers Price Daily change 52-week high / low
    Hyundai Motor* 28.90 -6.32% 38.00 / 24.00
    Tower International 11.49 -4.73% 18.33 / 9.45
    Denso* 15.13 -4.18% 18.72 / 12.86
    Visteon 41.74 -2.45% 70.48 / 38.32
    Nissan* 18.62 -2.05% 22.23 / 16.18
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