The Truth About Cars » stock http://www.thetruthaboutcars.com The Truth About Cars is dedicated to providing candid, unbiased automobile reviews and the latest in auto industry news. Thu, 11 Feb 2016 14:00:11 +0000 en-US hourly 1 http://wordpress.org/?v=4.2.4 The Truth About Cars is dedicated to providing candid, unbiased automobile reviews and the latest in auto industry news. The Truth About Cars no The Truth About Cars editors@ttac.com editors@ttac.com (The Truth About Cars) 2006-2009 The Truth About Cars The Truth About Cars » stock http://www.thetruthaboutcars.com/wp-content/themes/ttac-theme/images/logo.gif http://www.thetruthaboutcars.com Ferrari Stock Races in First Day of Trading http://www.thetruthaboutcars.com/2015/10/ferrari-stock-races-in-first-day-of-trading/ http://www.thetruthaboutcars.com/2015/10/ferrari-stock-races-in-first-day-of-trading/#comments Wed, 21 Oct 2015 17:00:26 +0000 http://www.thetruthaboutcars.com/?p=1201777 Fiat Chrysler Automobiles chief Sergio Marchionne rang the opening bell Wednesday for Ferrari’s first day of trading on the New York Stock Exchange and shares of the supercar maker soared. The stock, which was up as high as $60 per share, leveled off around $57 in mid-day trading. “This is not really a car, it’s […]

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Fiat Chrysler Automobiles chief Sergio Marchionne rang the opening bell Wednesday for Ferrari’s first day of trading on the New York Stock Exchange and shares of the supercar maker soared. The stock, which was up as high as $60 per share, leveled off around $57 in mid-day trading. “This is not really a car, it’s […]

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TTAC on The Trading Floor: Ferrari Good, Tesla Bad* http://www.thetruthaboutcars.com/2015/10/ttac-trading-floor-ferrari-good-tesla-bad/ http://www.thetruthaboutcars.com/2015/10/ttac-trading-floor-ferrari-good-tesla-bad/#comments Tue, 20 Oct 2015 20:00:00 +0000 http://www.thetruthaboutcars.com/?p=1201217 According to The Truth About Cars’ stock exchange bureau chief, Ferrari is good and Tesla is bad today.* Tesla shares have dropped 10 percent on news today that Consumer Reports would pull its “Recommended” rating from the Model S because of concerns about the car’s reliability. That’s bad. Also, initial shares of supercar-maker Ferrari may […]

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According to The Truth About Cars’ stock exchange bureau chief, Ferrari is good and Tesla is bad today.* Tesla shares have dropped 10 percent on news today that Consumer Reports would pull its “Recommended” rating from the Model S because of concerns about the car’s reliability. That’s bad. Also, initial shares of supercar-maker Ferrari may […]

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Your First Ferrari (Share) Priced As Low As $48 http://www.thetruthaboutcars.com/2015/10/your-first-ferrari-share-priced-as-low-as-48/ http://www.thetruthaboutcars.com/2015/10/your-first-ferrari-share-priced-as-low-as-48/#comments Mon, 12 Oct 2015 16:00:19 +0000 http://www.thetruthaboutcars.com/?p=1193650 Fiat Chrysler Automobiles on Monday finally priced its initial price offering for Ferrari at $48 and $52 per share for 10 percent of the luxury carmaker when its stock goes sale, the Detroit News reported. The pricing values Ferrari at roughly $9.8 billion — less than the $12 billion reported last week — and analysts say […]

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Fiat Chrysler Automobiles on Monday finally priced its initial price offering for Ferrari at $48 and $52 per share for 10 percent of the luxury carmaker when its stock goes sale, the Detroit News reported. The pricing values Ferrari at roughly $9.8 billion — less than the $12 billion reported last week — and analysts say […]

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Billions Erased From Volkswagen’s Value In Stock Slide http://www.thetruthaboutcars.com/2015/09/billions-erased-volkswagens-value-stock-slide/ http://www.thetruthaboutcars.com/2015/09/billions-erased-volkswagens-value-stock-slide/#comments Mon, 21 Sep 2015 17:00:48 +0000 http://www.thetruthaboutcars.com/?p=1176842 More than $17 billion has been erased Monday from Volkswagen’s value in shareholders’ eyes as the company awaits more fallout from news that the company cheated through emissions tests. Volkswagen’s stock dropped more than 20 percent Monday after the German automaker announced it would stop sales of its diesel cars on Sunday. New CEO Martin […]

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More than $17 billion has been erased Monday from Volkswagen’s value in shareholders’ eyes as the company awaits more fallout from news that the company cheated through emissions tests. Volkswagen’s stock dropped more than 20 percent Monday after the German automaker announced it would stop sales of its diesel cars on Sunday. New CEO Martin […]

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Tesla’s Second Stock Sale Nets $738M for Automaker http://www.thetruthaboutcars.com/2015/08/teslas-second-stock-sale-nets-738m-automaker/ http://www.thetruthaboutcars.com/2015/08/teslas-second-stock-sale-nets-738m-automaker/#comments Thu, 20 Aug 2015 20:00:10 +0000 http://www.thetruthaboutcars.com/?p=1148929 Tesla’s second stock offering netted the automaker $738 million in cash for its Gigafactory, Model 3 development, and dealer and service upgrades, Bloomberg is reporting. Banks exercised their options to buy more stock than the initial $500 million estimate, with underwriters Morgan Stanley and Goldman Sachs buying more than 2 million of the available 3.1 […]

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Tesla’s second stock offering netted the automaker $738 million in cash for its Gigafactory, Model 3 development, and dealer and service upgrades, Bloomberg is reporting. Banks exercised their options to buy more stock than the initial $500 million estimate, with underwriters Morgan Stanley and Goldman Sachs buying more than 2 million of the available 3.1 […]

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Analyst: Tesla Could Surge with Autonomous Ride Sharing Biz http://www.thetruthaboutcars.com/2015/08/analyst-tesla-surge-autonomous-ride-sharing-biz/ http://www.thetruthaboutcars.com/2015/08/analyst-tesla-surge-autonomous-ride-sharing-biz/#comments Tue, 18 Aug 2015 17:00:59 +0000 http://www.thetruthaboutcars.com/?p=1144945 Tesla’s ride-sharing business could be worth hundreds of millions to the company in the future, an analyst for Morgan Stanley said Monday. Adam Jonas increased his price target for Tesla from $280 to $465 — but said the stock could go even higher to $611 — based on his forecast that Tesla could introduce an autonomous ride-sharing […]

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Tesla’s ride-sharing business could be worth hundreds of millions to the company in the future, an analyst for Morgan Stanley said Monday. Adam Jonas increased his price target for Tesla from $280 to $465 — but said the stock could go even higher to $611 — based on his forecast that Tesla could introduce an autonomous ride-sharing […]

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Fiat Chrysler Files IPO to Spin-off Ferrari http://www.thetruthaboutcars.com/2015/07/fiat-chrysler-files-ipo-spin-off-ferrari/ http://www.thetruthaboutcars.com/2015/07/fiat-chrysler-files-ipo-spin-off-ferrari/#comments Thu, 23 Jul 2015 19:00:47 +0000 http://www.thetruthaboutcars.com/?p=1124177 Fiat Chrysler Automobiles formally filed its initial public offering on Thursday to spin off Ferrari into its own separate company. The filing doesn’t specify price or number of shares to be offered when the shares are publicly available sometime after Oct. 13. Roughly 10 percent of the company will be publicly traded, with the rest of the […]

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Fiat Chrysler Automobiles formally filed its initial public offering on Thursday to spin off Ferrari into its own separate company. The filing doesn’t specify price or number of shares to be offered when the shares are publicly available sometime after Oct. 13. Roughly 10 percent of the company will be publicly traded, with the rest of the […]

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While You Were Sleeping: Cadillac ATS-V+, Holden Monza and Lamborghini Urus Receives Greenlight http://www.thetruthaboutcars.com/2015/05/while-you-were-sleeping-cadillac-ats-v-holden-monza-and-lamborghini-urus-receives-greenlight/ http://www.thetruthaboutcars.com/2015/05/while-you-were-sleeping-cadillac-ats-v-holden-monza-and-lamborghini-urus-receives-greenlight/#comments Tue, 26 May 2015 12:01:06 +0000 http://www.thetruthaboutcars.com/?p=1075738 This edition of While You Were Sleeping offers up a bit more than usual. Instead of just overnight, we are going to try to cover as many topics from over the long weekend as possible with additional commentary. Here we go! Cadillac ATS-V+ to Feature LS7 V-8 Power (Motor Trend) According to MT, Cadillac will stuff […]

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This edition of While You Were Sleeping offers up a bit more than usual. Instead of just overnight, we are going to try to cover as many topics from over the long weekend as possible with additional commentary. Here we go! Cadillac ATS-V+ to Feature LS7 V-8 Power (Motor Trend) According to MT, Cadillac will stuff […]

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Piston Slap: Factory Tune, Power On The Table? http://www.thetruthaboutcars.com/2014/09/piston-slap-6/ http://www.thetruthaboutcars.com/2014/09/piston-slap-6/#comments Wed, 24 Sep 2014 12:02:37 +0000 http://www.thetruthaboutcars.com/?p=916986 TTAC commentator Raph writes: Hey Sajeev I’ve got a a bit of a conundrum with 09 GT500. I recently purchased a blue-tooth OBDII dongle and the Torque Pro app for my phone which provides a variety of useful functions including monitoring various PIDs (On Board Diagnostic Parameter IDs). While checking over the various PIDs I […]

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TTAC commentator Raph writes: Hey Sajeev I’ve got a a bit of a conundrum with 09 GT500. I recently purchased a blue-tooth OBDII dongle and the Torque Pro app for my phone which provides a variety of useful functions including monitoring various PIDs (On Board Diagnostic Parameter IDs). While checking over the various PIDs I […]

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Tesla Is World’s Most Important Auto Maker, Says Tesla Debt Underwriter http://www.thetruthaboutcars.com/2014/06/tesla-is-worlds-most-important-auto-maker-says-tesla-debt-underwriter/ http://www.thetruthaboutcars.com/2014/06/tesla-is-worlds-most-important-auto-maker-says-tesla-debt-underwriter/#comments Mon, 23 Jun 2014 11:00:59 +0000 http://www.thetruthaboutcars.com/?p=849946 A recent research note from Morgan Stanley dubbed Tesla the “world’s most important auto maker”, on account of its innovation in the area of electric vehicles, autonomous cars and connectivity. Could there be another reason for such enthusiasm? Observers will remember that earlier this year, Morgan Stanley raised its share price for Tesla to $320 […]

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A recent research note from Morgan Stanley dubbed Tesla the “world’s most important auto maker”, on account of its innovation in the area of electric vehicles, autonomous cars and connectivity. Could there be another reason for such enthusiasm? Observers will remember that earlier this year, Morgan Stanley raised its share price for Tesla to $320 […]

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Government Reports $9.7 Billion Loss On GM Shares http://www.thetruthaboutcars.com/2013/10/government-reports-9-7-billion-loss-on-gm-shares/ http://www.thetruthaboutcars.com/2013/10/government-reports-9-7-billion-loss-on-gm-shares/#comments Tue, 29 Oct 2013 17:04:30 +0000 http://www.thetruthaboutcars.com/?p=637081 With the vast majority of the government’s General Motors shares sold, the U.S. government is reporting a $9.7 billion loss, according to a Congressional report cited by the Detroit News. With the government’s stake now down to about 7 percent, the report states that “Because the common stock sales have all taken place below Treasury’s […]

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With the vast majority of the government’s General Motors shares sold, the U.S. government is reporting a $9.7 billion loss, according to a Congressional report cited by the Detroit News. With the government’s stake now down to about 7 percent, the report states that “Because the common stock sales have all taken place below Treasury’s […]

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Analysis: VEBA, The UAW And The Warren Walkout http://www.thetruthaboutcars.com/2013/03/analysis-veba-the-uaw-and-the-warren-walkout/ http://www.thetruthaboutcars.com/2013/03/analysis-veba-the-uaw-and-the-warren-walkout/#comments Mon, 04 Mar 2013 18:45:12 +0000 http://www.thetruthaboutcars.com/?p=479965 The 12-person protest that took place at Chrysler’s Warren, Michgan truck plant got little notice in the automotive news cycle, save for a couple of mentions on the usual aggregators. In truth, it’s not the juiciest story to sell in this click-driven wasteland, though these stories tend to raise the most interesting questions. This example […]

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The 12-person protest that took place at Chrysler’s Warren, Michgan truck plant got little notice in the automotive news cycle, save for a couple of mentions on the usual aggregators. In truth, it’s not the juiciest story to sell in this click-driven wasteland, though these stories tend to raise the most interesting questions. This example […]

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Canadian Governments Hoping For GM Buyback Of Shares http://www.thetruthaboutcars.com/2012/10/canadian-governments-hoping-for-gm-buyback-of-shares/ http://www.thetruthaboutcars.com/2012/10/canadian-governments-hoping-for-gm-buyback-of-shares/#comments Sat, 06 Oct 2012 20:47:33 +0000 http://www.thetruthaboutcars.com/?p=462828 Shares of General Motors held by the Canadian federal government and the government of Ontario may have difficulty unloading their $9 billion stake in General Motors, according to a report by Bloomberg. The chief concern is that a sudden sale of GM stock in mass quantities would be a tough sell; expectations of “flat performance” […]

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Shares of General Motors held by the Canadian federal government and the government of Ontario may have difficulty unloading their $9 billion stake in General Motors, according to a report by Bloomberg. The chief concern is that a sudden sale of GM stock in mass quantities would be a tough sell; expectations of “flat performance” […]

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Piston Slap: The Re-Stocking Fee? http://www.thetruthaboutcars.com/2012/08/piston-slap-the-re-stocking-fee-2/ http://www.thetruthaboutcars.com/2012/08/piston-slap-the-re-stocking-fee-2/#comments Mon, 20 Aug 2012 11:02:50 +0000 http://www.thetruthaboutcars.com/?p=457371 Aaron writes: Sajeev, I currently own a 2007 WRX Wagon with a little over 100,000 miles on it. I love this car, even enough to overlook getting merely 21mpg. Anyways. As is true with many import car owners who love too much, I started modifying the car almost as soon as I got it. It […]

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Aaron writes: Sajeev, I currently own a 2007 WRX Wagon with a little over 100,000 miles on it. I love this car, even enough to overlook getting merely 21mpg. Anyways. As is true with many import car owners who love too much, I started modifying the car almost as soon as I got it. It […]

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Daimler Dumps New York Stock Exchange http://www.thetruthaboutcars.com/2010/05/daimler-dumps-new-york-stock-exchange/ http://www.thetruthaboutcars.com/2010/05/daimler-dumps-new-york-stock-exchange/#comments Fri, 14 May 2010 14:50:21 +0000 http://www.thetruthaboutcars.com/?p=356541 One of the last vestiges of the Daimler-Chrysler union is being swept away, as Daimler has announced that it will delist from the NYSE. Daimler initially listed itself on Wall Street in 1993, as it began its “marriage made in heaven” with Chrysler. Since then, Daimler says advances in electronic trading make it easier for […]

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One of the last vestiges of the Daimler-Chrysler union is being swept away, as Daimler has announced that it will delist from the NYSE. Daimler initially listed itself on Wall Street in 1993, as it began its “marriage made in heaven” with Chrysler. Since then, Daimler says advances in electronic trading make it easier for […]

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Ford Completes $13.2b Health Care Liability Transfer To VEBA http://www.thetruthaboutcars.com/2010/01/ford-completes-13-2b-health-care-liability-transfer-to-veba/ http://www.thetruthaboutcars.com/2010/01/ford-completes-13-2b-health-care-liability-transfer-to-veba/#comments Mon, 04 Jan 2010 23:04:17 +0000 http://www.thetruthaboutcars.com/?p=340712 Ford has wrapped up some much-needed financial wrangling today, as it struggles with with its monstrous pile of debt. According to Automotive News [sub], Ford transferred $13.2b in debt and about $4b in cash to the UAW-run health care trust fund, completing a long-awaited liability consolidation. $1.4b of the transfer was a scheduled payment on […]

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Ford has wrapped up some much-needed financial wrangling today, as it struggles with with its monstrous pile of debt. According to Automotive News [sub], Ford transferred $13.2b in debt and about $4b in cash to the UAW-run health care trust fund, completing a long-awaited liability consolidation. $1.4b of the transfer was a scheduled payment on […]

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Spyker Stock Soars On Saab Speculation http://www.thetruthaboutcars.com/2009/12/spyker-stock-soars-on-saab-speculation/ http://www.thetruthaboutcars.com/2009/12/spyker-stock-soars-on-saab-speculation/#comments Mon, 21 Dec 2009 16:04:11 +0000 http://www.thetruthaboutcars.com/?p=339805 Shares in the Dutch boutique automaker Spyker soared 23 percent today, reports Reuters, as the firm’s last-ditch bid for Saab goes down to the wire. Spyker, which sold only 43 cars last year and had a market capitalization of only €26.6m as of last Friday, will hear back from GM on its Saab bid by […]

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Shares in the Dutch boutique automaker Spyker soared 23 percent today, reports Reuters, as the firm’s last-ditch bid for Saab goes down to the wire. Spyker, which sold only 43 cars last year and had a market capitalization of only €26.6m as of last Friday, will hear back from GM on its Saab bid by […]

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GM Increases Truck Production. Or Not. http://www.thetruthaboutcars.com/2009/02/gm-keeps-on-truckin/ http://www.thetruthaboutcars.com/2009/02/gm-keeps-on-truckin/#comments Tue, 03 Feb 2009 17:36:51 +0000 http://www.thetruthaboutcars.com/?p=237341 Despite looking at a half-sized Q1 production plan, GM says it will bump truck production in the month of March. Production will be restored and escalated in March at GM’s Flint and Arlington truck plants, meaning there will be more Silverado, Sierra, Tahoe, Yukon and Escalade models. So, uh, why? “As far as our 2008 and 2009 mix […]

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Despite looking at a half-sized Q1 production plan, GM says it will bump truck production in the month of March. Production will be restored and escalated in March at GM’s Flint and Arlington truck plants, meaning there will be more Silverado, Sierra, Tahoe, Yukon and Escalade models. So, uh, why? “As far as our 2008 and 2009 mix […]

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