Automotive
Automotive
Chrysler to Tesla: Not So Fast on Payback Claim
Tickers in this article: TSLA
Tesla says it's the only U.S. automaker to repay its federal loans, but Chrysler paid back its loans in 2011.
05/23/13 - 08:51 AM EDT
MORE NEWS FOR AUTOMOTIVE
| Company | Last | %CHNG | Volume |
|---|---|---|---|
| Gentherm Inc (THRM) | 18.80 | 5.74 | 0.73 M |
| Monro Muffler Brake Inc. (MNRO) | 48.56 | 2.71 | 1.05 M |
| Orbital Corporation Limited (OBT) | 2.67 | 1.91 | 0.00 M |
| Motorcar Parts of America Inc. (MPAA) | 6.30 | 1.29 | 0.02 M |
| Douglas Dynamics Inc. (PLOW) | 14.10 | 0.21 | 0.04 M |
| American Axle & Mfg Holdings Inc. (AXL) | 16.76 | 0.18 | 2.26 M |
| Remy International Inc. (REMY) | 17.69 | 0.17 | 0.02 M |
| Ford Motor Co (F) | 14.97 | 0.13 | 67.18 M |
| Dana Holding Corp (DAN) | 18.53 | -0.27 | 3.03 M |
| China Zenix Auto International Ltd ADR (ZX) | 2.90 | -0.34 | 0.03 M |
| Company | Last | %CHNG | Volume |
|---|---|---|---|
| Dorman Products Inc. (DORM) | 43.52 | -4.44 | 0.26 M |
| Spartan Motors (SPAR) | 5.52 | -4.00 | 0.10 M |
| Icahn Enterprises LP (IEP) | 85.94 | -3.92 | 0.15 M |
| Accuride Corp (ACW) | 5.29 | -3.82 | 0.46 M |
| Fuel Systems Solutions Inc. (FSYS) | 15.83 | -3.77 | 0.25 M |
| Wabash National Corporation (WNC) | 10.02 | -3.75 | 0.83 M |
| Winnebago Industries (WGO) | 19.28 | -3.70 | 0.31 M |
| SORL Auto Parts Inc. (SORL) | 2.56 | -3.58 | 0.03 M |
| Oshkosh Corporation (OSK) | 37.74 | -3.53 | 0.72 M |
| Superior Industries International (SUP) | 17.61 | -3.19 | 0.11 M |
| Company | Last | %CHNG | Volume |
|---|---|---|---|
| Ford Motor Co (F) | 14.97 | 0.13 | 67.18 M |
| General Motors Co (GM) | 33.23 | -0.51 | 13.24 M |
| Tesla Motors Inc. (TSLA) | 87.24 | -0.40 | 8.57 M |
| Johnson Controls Inc (JCI) | 37.38 | -0.51 | 3.76 M |
| Meritor Inc (MTOR) | 6.95 | -2.25 | 3.10 M |
| Dana Holding Corp (DAN) | 18.53 | -0.27 | 3.03 M |
| American Axle & Mfg Holdings Inc. (AXL) | 16.76 | 0.18 | 2.26 M |
| Delphi Automotive PLC (DLPH) | 48.77 | -0.57 | 2.16 M |
| PACCAR Inc (PCAR) | 54.12 | -0.93 | 1.54 M |
| Tata Motors Ltd. (TTM) | 26.30 | -1.39 | 1.38 M |
| Company | Last | %CHNG | Mkt Cap |
|---|---|---|---|
| Toyota Motor Corp (TM) | 127.84 | -1.45 | $205.4 B |
| Honda Motor Co Ltd (HMC) | 41.27 | -1.46 | $75.5 B |
| Ford Motor Co (F) | 14.97 | 0.13 | $57.7 B |
| General Motors Co (GM) | 33.23 | -0.51 | $45.9 B |
| Johnson Controls Inc (JCI) | 37.38 | -0.51 | $25.7 B |
| PACCAR Inc (PCAR) | 54.12 | -0.93 | $19.3 B |
| Tata Motors Ltd. (TTM) | 26.30 | -1.39 | $16.9 B |
| Delphi Automotive PLC (DLPH) | 48.77 | -0.57 | $15.3 B |
| Harley-Davidson Inc (HOG) | 57.61 | -2.67 | $13.3 B |
| Tesla Motors Inc. (TSLA) | 87.24 | -0.40 | $10.1 B |
Featured Industry: Aerospace/Defense
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Latest Market Update
08:55AM 05/23/13
NEW YORK (TheStreet) -- Stock futures were paring losses after a better-than-expected jobless claims report, but were still pointing to a negative open as investors continued to worry that the Federal Reserve may be heading for a wind-down of quantitative easing. Furthermore, manufacturing data in China indicated an unexpected contraction in manufacturing activity in the country.
All overseas markets were down on the developments, with the Nikkei 225 in Japan suffering its steepest drop since the aftermath of the tsunami and nuclear disaster in March 2011, closing down 7.3%.
Despite the intraday market pressures, "the tenets of the bull market remain intact: strong earnings and corporate balance sheets, shrinking equity supply and little yield in fixed income alternatives and cash," said Jordan Waxman, managing director and partner at HighTower HSW Advisors in New York. "We are looking for opportunities in cyclical names and industries, which are now historically very cheap to the consumer staples stocks we had been buying into the new year." ...
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