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$GM said it is on track to sustain its strong margins this year in China. The company's 1H16 sales were up 5.3% YoverY to a record 1.8MM units, which is due to a great mix of MPVs and SUVs and also luxury vehicles. Buick and Baojun set quarterly records, with Buick up 40% and Baojun up 78% YoverY. Cadillac sales were up 16% year-to-date.
Does anyone feel $SBUX CEO Schultz stepping down could prove a disaster for the company?
$DB is going to cut off services for about 3,400 clients in equities trading.
$F stock slid more than 2% after the company issued two safety recalls involving more than 650,000 Ford Fusion and Lincoln MKZ model cars.
The new CEO of $SBUX, Kevin Johnson, has some pretty large shoes to fill but there are many who have good faith in his ability to do so.