AD #2089 – Shelby GT350 Mustang Returns for 2018, FCA Pacifies Pacifica Owners, Why is Wall Street Picking on GM?

April 17th, 2017 at 11:20am

Runtime: 6:27

To watch this episode on YouTube click here.

- Chrysler Pacifies Pacifica Owners
- U.S. Big Truck Sales Plummet
- Apple Still in the Autonomy Game
- Qoros Goes Full Electric
- Shelby GT350 Mustang Returns for 2018
- Why is Wall Street Picking on GM?

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14 Comments to “AD #2089 – Shelby GT350 Mustang Returns for 2018, FCA Pacifies Pacifica Owners, Why is Wall Street Picking on GM?”

  1. Brett Says:

    While the nominal purpose of a corporation is to create shareholder value, General Motors is in the business of producing and selling vehicles for profit. All the Wall Street crap is a pointless sideshow.

    How much farther ahead would GM be in the marketplace if they’d dropped $9 billion on product development and dividends?

    Wall Street (in it’s current configuration) is a plague on society.

  2. Bob Gurr Says:

    GM’s Bolt has attracted excellent reviews…is it selling? At a Van Nuys California I see the dealer stock getting bigger over the past two months;21,then 53 followed by 66, then last week 129 on their storage lot. John, tell me what’s happening with the Bolt.

  3. John McElroy Says:

    #2. Bob, I think you just told me.

  4. Bob Says:

    A mustang will be built next year. Big deal, this isn’t news.

  5. G.A.Branigan Says:

    So,if Einhorn and his ilk get his way,and GM takes a header,do they not share in the financial responsibility? The ‘too big to fail’ doesn’t cut it anymore.It never did for me in the first place.

  6. Kit Gerhart Says:

    #2, 3
    They need to take some of those Bolts to Florida and Indiana. I know a few prospects both places, but the cars are not available in those states.

  7. Alan Says:

    The real purpose of a “corporation” is to create an entity to pool resources and accomplish something that an individual person could not accomplish. GM is not a holding corporation; GM is not a real estate corporation or any device to hold or grow wealth. GM builds autos, trucks, locomotives and things for a profit to the company and share holders.

    The market price of a share of GM in reality has little to do with GM’s accounting book value, dividends, market share or profits. Tesla’s stock price proves this as everything (value, dividend, market share, profits) are in the tank yet the price of Tesla stock is in a price orbit on Wall Street for no sound business reason.

  8. Brett Says:

    #6 – I might be interested in a Bolt if I could check one out.

    #7 – Precisely.

  9. Kit Gerhart Says:

    I’ve heard Apple compared to Tesla, in regard to highly overvalued stock, but there is a big difference. Apple makes a lot of money. Even though Samsung has, by far, the biggest global smart phone market share, Apple makes a lot more money in that market. That may not go on forever, but for now, Apple is tripling their money on every iPhone they sell. Car companies are doing well to turn a 5% profit.

    As far as Samsung, they sell fewer “premium” phones, where the big profit lies, than Apple sells iPhones.

  10. Albemarle Says:

    #2, GM dealers in Florida are buying excess stock from CA. I am waiting for 2 months now for my local dealer’s 1 Bolt before summer. It’s all about the distribution of the car. I don’t think we will get a ‘correct’ sales figure for the Bolt before the fall.

    I agree with the comments about Wall Street. They have become beyond greedy. I think the GM board needs to get tough and support the company. They don’t need the capital markets right now, so tell them …

  11. Bob Says:

    Just drove past a GM small pick up that was about 6 years old with the sill plates all rusted out with it spreading to the bottom of the door. After the GM failure they are still making garbage vehicles and I guess they will never learn.

  12. joe Says:

    Wall Street of full of BS. All I know is GM building great cars and I will continue buying them.

  13. Bobby T Says:

    #7,GM got out of the locomotive business awhile ago when they sold the Electro Motive division. I think Caterpillar owns it now, through a holding company.

  14. veh Says:

    Wall Street guys are focused primarily on short term; the system favors them (read just about any Michael Lewis book) over people who might actually INVEST in a company.