Ford sales rose in December on strength of pickups; Fiat Chrysler and GM fall

DETROIT — Ford’s U.S. sales rose 0.9 percent in December, fueled by 89,385 F-Series pickup trucks. Fiat Chrysler sales fell 11 percent while General Motors dropped 3.3 percent. For perspective, Ford sold more than twice as many large pickups as the total of all Ford passenger cars sold in the month, 44,871. At Fiat Chrysler, Jeep… Please follow and like us:

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FBI plants bull’s-eye on GM, Ford as UAW scandal widens

DETROIT — The FBI’s probe into financial shenanigans by UAW and auto executives has extended to General Motors and Ford, which join FCA in a growing scandal that focuses on stolen training funds, according to a source familiar with the investigation. At the heart of the probe is whether funds that were meant to train autoworkers… Please follow and like us:

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The last days of DuPont

American voters’ embrace of Donald Trump last fall — that rejection of business as usual — echoed an upheaval in corporate America the year before, when professional investors holding DuPont and Dow Chemical Co. stock embraced the radical prescriptions of such billionaire corporate raiders as Nelson Peltz and Daniel Loeb to cure what they saw as… Please follow and like us:

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The Bull Market Just Turned Eight; Apple has surged more than 1,080 percent

Eight years ago this week, President Barack Obama gave investors a surprisingly hot trading tip. In office less than two months, he commented that we were at “the point where buying stocks is a potentially good deal if you’ve got a long-term perspective.” Obama couldn’t have known then how accurate his call was. The market found… Please follow and like us:

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