Announcing Landstar's Newest Million Mile Safe Drivers, Roadstars and the 2nd Truck Winner of 2014
UPDATE: 10 cars Americans don't want to buy
San Jose to Host Free Electric Vehicle Test-Drive Event
The automaker turned in disappointing second-quarter results, but there still is potential for significant margin improvement over the next few years, says Morningstar’s Dave Whiston.
UPDATE: GM to recall additional 717,950 vehicles
During his keynote presentation at the Morningstar Investment Conference, the PIMCO manager made the case that high debt levels and a need for financial stability mean that central banks should keep real rates close to zero for some time.
Even after a strong rebound from the market trough in 2009, the U.S. auto sector still has room to run.
The new General Motors is much leaner than its predecessor, and any near-term litigation risk will have little impact on the automaker's 1.85 billion diluted shares.
Our fair value estimate and moat rating remain intact.