Friday, August 9, 2013

US Motor Vehicle and Parts Corp Stock Prices Up an Average 649% Since President Obama Took Office

I found 21 US Motor Vehicle and Parts Corps, which are headquartered or have their major operations in the US, which reported Ongoing, Core Pretax Income or Loss of at least $100 mil in any of the last four years, and which had their common stocks trading on both January 16, 2009, which is the last day stocks traded before President Obama took office, and also on yesterday, Thursday, August 8, 2013.

These 21 Motor Vehicle and Parts Companies had an average stock market price increase of an incredibly off-the-charts 649% since President Obama took office on January 20, 2009.  This is 6.5 times the 100% increase in the S&P 500 Index during the same time span.

Given how incredibly successful the Obama Administration was in turning around the auto industry, why not bring back some of the key people driving that highly successful effort like Steve Rattner for one, and see if they can find ways to replicate that success in all of US manufacturing and all of US technology.

And ask executives in the below very successful Motor Vehicle and Parts Companies, what US Government actions worked really well in helping lead this near miraculous auto rescue, and which of these actions would help all of US manufacturing and all of US technology.

If the US economy continues to be driven predominantly by massive profit increases in the Big Financial Industry, it is headed for serious trouble.

Below here are the common stock market closing prices of each of these 21 US Motor Vehicle and Parts Companies at both the most recent date, and also at the date just before President Obama took office, as well as the percentage stock market price changes for this period of time:
 


Market Market Percentage

State Price Price Increase

HQs 8/8/2013 1/16/2009 (Decrease)





Dow Industrials Index
15,498.32 8,281.22 87%
S&P 500 Index
1,697.48 850.12 100%
S&P Mid-Cap 400 Index
1,237.08 516.75 139%
S&P SmallCap 600 Index
592.22 247.89 139%





Motor Vehicles and Parts Companies


Dana Holding Ohio $21.84 $0.69 3065%
Tenneco Illinois 48.81 2.25 2069%
TRW Automotive Michigan 71.61 3.86 1755%
American Axle Michigan 20.06 1.41 1323%
Dorman Products Pennsylvania 48.64 5.29 819%
Ford Motor Michigan 16.98 2.19 675%
Cooper Tire & Rubber Ohio 33.65 5.45 517%
Nacco Industries Ohio 59.81 10.52 469%
Borg Warner Michigan 96.43 18.89 410%
Wabco Holdings New Jersey 79.38 16.43 383%
Thor Industries Ohio 54.08 12.01 350%
Harley Davidson Wisconsin 59.19 13.70 332%
Oshkosh Wisconsin 45.33 11.39 298%
Federal Mogul Michigan 17.09 4.30 297%
Meritor Michigan 7.81 2.50 212%
Goodyear Tire & Rubber Ohio 18.84 6.71 181%
Gentex Michigan 23.06 8.79 162%
Terex Connecticut 30.92 14.97 107%
Paccar Washington 56.01 27.88 101%
Clarcor Tennessee 55.66 32.16 73%
Navistar Illinois 34.35 28.47 21%





Average Increase: all 21 Motor Vehicles and Parts Corps
649%





Dow Industrials Index
15,498.32 8,281.22 87%
S&P 500 Index
1,697.48 850.12 100%
S&P Mid-Cap 400 Index
1,237.08 516.75 139%
S&P SmallCap 600 Index
592.22 247.89 139%