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 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.
The company repurchased…
Continue reading AutoZone Quarterly EPS Jumped to $5.66
AutoZone Quarterly EPS Jumped to $5.66 originally appeared on DailyFinance on Tue, 21 Sep 2010 08:24:00.
Filed Under: Company News, Technology, Earnings, Green, Autos, Retail
The federal government’s controversial decision to step in and save General Motors from insolvency was the right thing to do, says the automaker’s new Chief Executive Daniel Akerson.
Continue reading GM CEO Say…
Toyota is allegedly in talks to supply technology and key components for hybrid vehicles to Germany’s Daimler, according to a report Thursday in the Nikkei Business Daily newspaper. If a deal is made, Daimler would become fourt…
Toyota has asked a federal judge to dismiss hundreds of lawsuits over problems with unintended acceleration in its vehicles. The world’s largest automaker says such complaints are based on anecdotes, and fail to identify specif…