GM’s Market Share Hovers Near Record Low

General Motors’ share of the U.S. automobile market is expected to slip to 18% in September, the third lowest ever recorded by the Detroit automaker.
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Chrysler Dealers Eager to Sell Fiats

Eager for fresh products to sell to consumers, Chrysler dealers are vying for about 165 Fiat franchises. Fiat took over management of Chrysler last year as the carmaker was heading into bankruptcy.
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Bentley Recalls 596 Cars Over Unsafe Hood Ornaments

Recalling luxury cars to fix faulty hood ornaments might sound like a joke, but ultra high-end automaker Bentley Motors isn’t dismissing reports that its famous “flying B” metal emblem on some models may fail to collapse in a c…

China’s Largest Automaker Weighing GM Stock Purchase

China’s SAIC Motor is considering taking a stake in General Motors when the Detroit-based automaker begins its public offering of stock later this year. Though some Americans will likely object to foreign ownership, GM’s stakeh…

AutoZone Quarterly EPS Jumped to $5.66

AutoZone Inc (AZO) reported diluted earnings per share of $5.66 for the quarter ended Aug. 28, a 27.7% increase from a year earlier.

Net sales rose 9.5% from a year earlier to $2.4 billion in the fourth quarter of fiscal 2010, the auto parts company said in a statement. AutoZone opened 80 new stores in the U.S. in the quarter, and 26 new stores in Mexico.

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The company repurchased…

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AutoZone Quarterly EPS Jumped to $5.66 originally appeared on DailyFinance on Tue, 21 Sep 2010 08:24:00.

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