Automakers
- Article Tools
- Email this Article
- Print this Article
- Rss Feed
- Related Articles
- Ford Speeds Past Estimates, Shares Soar
- Jaguar Land Rover CEO Polites Dies at 60
- Delphi Investor Group Backs Out
- Del.icio.us
- Digg
- StumbleUpon
The company said production volumes for the full-size truck and SUV programs for General Motors GM and Chrysler were down approximately 31% in the quarter as compared to the prior year. Production volumes for its mid-sized truck and SUV programs were down approximately 43%. Non-GM sales represented 26% of total sales the quarter, American Axle said. Shares of American Axle fell 3.9% to $20.98. Among other auto-parts makers, Lear LEA was off 3.1%, while Visteon VC advanced 2.8%. ArvinMeritor ARM tacked on 1%, and Dana Holding DAN rose 2.9%.
The automaker earned $100 million in the first quarter, fueled by international sales and cost-cutting measures.
Ford credits Geoff Polites with returning the luxury brands to profitability.
Appaloosa Management plans to call off the proposal to invest roughly $2.5 billion in the bankrupt auto-parts supplier.
Yahoo! is among the most searched stocks on TheStreet.com. Here's what Cramer had to say about the stock recently.
Catch up on his thinking on the hottest topics of the past week.
Investors will have to deal with a Fed meeting and another flood of earnings and economic data.
Ensco International and Echelon have the potential to move higher in coming days.
See who made what calls.
The addition of video is helping telecom companies compete against cable and satellite companies.
The June West Texas Intermediate contract reflects selling pressure ahead of Tuesday's expiration. But stocks in the sector are generally trading higher.
See who made what calls.
Keep on top of the market and the critical information you need to make more profitable investing decisions.
Sponsored by:
RSS
