“Son of Detroit” Mitt Romney will have to provide his own transportation to and from the Republican National Convention this year, as General Motors (NYSE: GM ) has decided to end its 30 year run of providing cars to both the Democratic and Republican National Conventions . With General Motors st…
With continued pent-up demand, it's an exciting time for automakers--particularly Detroit's Big Three--and their investors, says Morningstar analyst Dave Whiston.
Even if the NIH is drastically cut, we don't see a doomsday scenario for these companies, and some of the industry's stronger players are now trading at attractive valuations.