These funds target the auto industry, which has performed well despite macroeconomic headwinds.
The Detroit manufacturers did not meet the high sales expectations analysts had set for the month, but Japanese carmakers beat estimates.
| Tags: | gmKimPeterson |
The United Automobile Workers union is voting on whether to approve new contracts that focus on bonuses instead of raises.
| Tags: | gmKim Peterson |
Some gearheads may not like to hear it, but sales momentum and lack of a bailout give Ford the edge.
General Motors, like Ford, sees opportunities to expand its reach through the emergent car-sharing business.
| Tags: | automotivegmTheStreetcom |
Carmakers report large gains on strong demand for trucks and SUVs.
Stock of the world's largest carmaker, recommended by analysts and scorned by investors, is down 44% on the year.
The automaker likes to remind us that it didn't take a government bailout like its Detroit rivals, but does the story resonate with car buyers?
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