With speculation rife over how long Saudi Arabia is content to see oil prices slump, the country's oil minister told CNBC that only Allah knows where prices are heading.
Influential Saudi Oil Minister, Ali Al-Naimi, told CNBC Tuesday that "no one can set the price of oil - it's up to Allah." The remark comes amid widespread speculation over how long Saudi Arabia will maintain its decision not to cut production - a move that could support prices.
Good for a 3% increase in Energy price, not in the news is a 80 plus year high in crude inventory 490.9 MB
No, we are subsidizing the rest of the World.
The Commerce Department reports the U.S. trade gap increased to $51.37 billion in March from $35.89 billion the month prior. The reading came in far above the $41.2 billion Wall Street expected.
"Looking at the last few months Americans are buying Camry over Impala by a 3:1 margin.
Find me a good deal. The average price on a new Impala is over $30,000
"Isn't GM plowing $5B into US plants and $16B into China?
As you can see its over a 5 years. It also seems you never get the numbers right
General Motors to invest $14 billion in China - The ...
Oct 5, 2014 - BEIJING: US auto giant General Motors (GM) will invest a whopping $14 billion in China over the next five years and open five new plants to increase sales to nearly five million vehicles in the world's largest car market, its top executive said.
Built by GM and its workers over the last 106 years. Workers paying taxes a company paying taxes.
The Gov. also has called on GM to help to defend America.
BLOOM 5/4/2015 12:55:56 PM: ...pimm: this is "money lip -- money clip." we are streaming everywhere. i am pimm fox and there is a milestone for General Motors. the company is celebrating 500 million vehicles made over its 106 years in business. matt miller's oak with gm's's north american president and here is what he had to say about the sales in the coming months. we are getting more and more confident that will happen. we now go into may with a lot of optimism. pimm: the company is testing its latest self driving vehicles. hans nichols got a chance to take a seat behind the wheel. hans: is this a day
May 4, 2015 10:16 a.m. ET
KANSAS CITY, Kan.—General Motors Co intends to invest $174 million in its Fairfax assembly plant here as it uses its strong balance sheet to increase productivity at its U.S. factories and bolster its vehicle portfolio.
Chief Executive Mary Barra—expected to speak here Monday to celebrate the company’s milestone of producing 500 million vehicles globally—is plowing $5.4 billion into U.S. factories over the next three years as she looks to deliver on the company’s goal to boost its North American operating margin to 10% from 8.8% of revenue.
"Toyota Motor, which has yet to report its worldwide sales for the first three months of this year."
Haven't you notice Toyota is always last to report it takes them longer to count dealer traffic. They haven't reported earning yet either.Japan is closed to American Auto almost the same in Korea. GM was also the top seller in Canada for April
General Motors Co. GM, has long been one of the most popular foreign car brands in China, with its Buick having enjoyed the status of a high-prestige car for decades. And while some of its competitors’ Chinese sales have flagged recently, GM and its Chinese joint venture managed to post an 8% gain in March sales from a year earlier.
The relatively positive fortunes that Ford and GM are enjoying contrast with some of their other foreign rivals. Volkswagen AG VOW, for instance, reported a 0.6% fall in its March sales for China, even as it managed to grow overall first-quarter revenue in the country by 2%
Toyota down and GM number one in Canada for April.
Oshawa, Ontario (May 1, 2015) — Chevrolet, Buick, GMC and Cadillac dealers delivered 29,127 vehicles in April 2015, an increase of 15 per cent from April 2014 making GM Canada as the overall automotive sales leader in Canada for the month of April.
"Go ahead and count it jeyedolt....I mean, it's been 15 cents total per share. Whoa. Book the cruise."
Don't you understand up 32% isn't 15 cents a share. Mo I will be buying a new with cash
These buys mean nothing. First of all, they are trivial amounts (1,000 and 1500 shares). Neither of these Directors are meeting their minimum shares held requirements so someone has reminded them they need to start buying shares."
That not good if board members have to be reminded. Look at a story that just hit the new wires today. This what I believe should happen. I have nothing against Mary for the mess that the men left her. GM CEO's need to get out like Lee did for Chrysler years ago. Look at how Elon Musk is with the media. How do you see CEO on a business network. The CEO needs to get out and sell the product they are producing
(Time to Make CEO Pay Match Shareholder Performance.)
In practice, it doesn’t turn out that well. Consider Aubrey McClendon, the founder and former chairman and CEO of Chesapeake Energy. Back in 2012, when the company’s stock plunged 24 percent and it reported a loss of $769 million, he earned total compensation of $16.9 million. Richard Fuld, who ran Lehman Brothers straight onto the rocks during the financial crisis of 2008, had made the list of highest-paid U.S. CEOs for eight years running before that. Mary Barra of General Motors earned $16.2 billion last year, in spite of the fact that the automaker had a record number of recalls.