Jim Cain

Tesla Model S Tops GM Volt in North American Plug-In Race

Tesla Motors Inc., the luxury battery-car company run by billionaire Elon Musk, is North America’s rechargeable auto sales leader so far this year as its Model S sedan passed General Motors Co.’s Chevrolet Volt.

Ford’s Lincoln Sales Sputter Even After Super Bowl Commercials

Ford Motor Co.’s Lincoln brand, which aired two ads during the Super Bowl in February, posted a 29 percent U.S. sales slide for the month as dealers continued to run short of the MKZ sedan featured in the commercials.

GM Offers Chevy No-Haggle Prices, Money-Back Guarantees

General Motors Co., seeking to clear out end-of-model-year vehicles, said it will offer no-haggle pricing on 2012 Chevrolet cars and trucks plus a money-back guarantee on all new Chevys as the brand loses ground to Toyota.

GM Said to Target Up to 20% Growth for Volt Cars in 2013

General Motors Co. is planning to build as many as 36,000 Chevrolet Volts and other plug-in hybrids for worldwide delivery this year, 20 percent more than in 2012, two people familiar with the effort said.

Obama Finds What’s Good for GM Not So Good for Taxpayers

The bailout of General Motors Co. played an important role in the re-election of President Barack Obama, who stumped on the issue in Midwestern swing states. Now comes the hard part: unloading the government’s stake, probably at a big loss.

Delphi Agrees to Buy Back Investment From General Motors for $3.8 Billion

Delphi Automotive LLP agreed to buy back an equity stake from former parent General Motors Co. for $3.8 billion to simplify its capital structure.

GM Plans 10-Weeks of Pickup Downtime as Inventories Rise

General Motors Co., which saw pickup inventories rise 24 percent last month, will take out 10 weeks of truck production as it prepares to introduce a redesigned Chevrolet Silverado and GMC Sierra in the second quarter.

Ford Says It Boosted Incentives in May After April Cut

Ford Motor Co., the second-largest U.S. automaker, said it raised incentives this month to boost domestic sales after cutting them about $300 a vehicle in April.

Chrysler, Koreans Propel U.S. Auto Sales in January; Honda Posts Gain

Chrysler Group LLC, Hyundai Motor Co. and Kia Motors Corp. led gains in January U.S. auto sales, while Honda Motor Co. increased deliveries for the first time since April as consumers replaced aging vehicles.

Akerson Resolved to Beat Ford 7.5% Margin With Sales Crown: Cars

General Motors Co. Chief Executive Officer Dan Akerson is pushing for more cost reductions to send a message to the automaker’s employees: GM’s $6.3 billion first- half profit, its best in at least 20 years, isn’t good enough.

"Any success for a company in this space is helpful for all other makers of plug-in vehicles."

- Jim Cain on Apr 26, 2013

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Tesla’s Musk Channels Iacocca With Early U.S. Repayment

U.S. Stocks, Dollar Rise as Data Fuel Economic Confidence

U.S. Stocks Advance on Leading Indicators, Sentiment Data

Republicans Unsatisfied by IRS Answers Press for More

American Capital Fights Fed Exit Worry as Investors Flee