NYSE Puts GM Stock Trading On Hold While Awaiting 3Q Announcement

General Motors has halted trading in advance of the big third-quarter announcement we've been waiting for. This isn't catastrophic news, but it underlines the fact that the announcement (which was supposed to made a few minutes ago) is going to be bad. Really bad. It's raining in Detroit right now and CNBC's Phil… »11/07/08 11:20am11/07/08 11:20am

Official Car Pundit Drinking Game: Fonda Ain't Got A Hybrid In The Back Of Her Honda

Time to belly up to the bar yet again for the only Official Car Pundit Drinking Game as the boss-man's been asked to spend a few minutes on CNBC to talk about Honda's earningsgasm. He'll be answering a question similar to what we asked you today in the Question of the Day — is Honda's small car strategy the right… »7/25/08 12:30pm7/25/08 12:30pm

Ford Only Loses $380 Million, Happy Days Are Here Again

This time last year we were telling you about how Ford lost a whopping $5.7 billion in the third quarter of 2006. We've got good news: Ford only lost $380 million in the third quarter of 2007. Mission Accomplished! Break out the fizzy wine and caviar! Revenue was up to $41.1 billion for the quarter, compared to just… »11/08/07 1:45pm11/08/07 1:45pm

GM Reports $39 Billion One-Time Net Loss For Third Quarter, $1.6 Billion Adjusted Net Loss

GM reported last night a $39 billion (yes, that's "billion" with a "b") loss or $68.85 per diluted share, for the third quarter of 2007, compared with a reported net loss of $147 million, or $.26 per diluted share, in the year-ago quarter. The majority of that number was due to special charges of $37.4 billion related… »11/07/07 7:18am11/07/07 7:18am

Wow, DaimlerChrysler (yup, that's still the name) saw earnings of $2.5 billion last quarter.

Wow, DaimlerChrysler (yup, that's still the name) saw earnings of $2.5 billion last quarter. That was despite the $3.4 billion charge on the sale of Chrysler. Imagine how better it would have been had they recorded Chrysler's profits during the quarter too. Oh wait...maybe that would have been backwards. [NYT] »8/29/07 10:45am8/29/07 10:45am