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% |