There has not been much good news coming from Detroit or the nation’s auto industry over the past year. Is the industry finally out of the woods?
Cash for Clunkers is driving up sales. Ford (NYSE:F) proves it doesn’t need the government, but some free money is always nice. Who else is profiting from Washington’s handouts?
The Big Three are up on Capitol Hill, making their case for a government bailout. Andrew Snyder says investors can position themselves to make a profit with auto-related stocks. He picks three companies on the auto supply chain that could get a boost if the government decides to “rescue” Detroit.
There is nothing like being knocked off a bicycle by a passing car to change one’s attitude towards the compensation culture. This personal experience is one reason why Jason Smart, Managing Director of LitComp, is confident of the future of this small company that moved from Ofex to AIM in 2006.