The historical stock prices of these companies were obtained from the following two excellent internet resources.... Google Finance and MarketWatch Big Charts.
These 26 US Auto & Auto Parts Companies had their average stock prices drop by a massive 67% from December 31, 2007 during President Bush's second Presidential term, to March 6, 2009, very early in President Obama's first term, which was the very lowest point for the overall stock market due to the spillover effects resulting from the disastrous 2008 Financial Meltdown.
But since March 6, 2009, the average stock prices of these same 26 US Auto & Auto Parts Corps have increased by a spectacularly off-the-charts 1,687% through January 23, 2014. And 11 of the 26 had increases above 1,000%.
Clearly, the investors in and employees of these 26 US Auto & Auto Parts Companies must be just elated with the impact of actions taken by both the Obama Administration and the US Fed to successfully rescue the US economy from its extremely weakened state caused by the 2008 US financial meltdown.
This exceptional stock price increase in the US Auto & Auto Parts Sector is driving a very nice increase in well-paying US jobs in this key sector.
The job-multiplier effect with US Auto and Auto Parts jobs is flat out superb. Thus the continued growth in US Auto and Auto Parts jobs will help narrow somewhat the huge gap between the very wealthy and everyone else.
Let me make a prediction. If with the November 2014 election, the US Senate remains in Democratic Control and also the US House switches to Democratic Control, this 1,687% average stock price increase for these 26 US Auto and Auto Parts Companies will increase to well above 2,000% over President Obama's entire eight-year Presidential run. I am pretty certain of it.
After taking office, the Obama Administration focused like a laser on rescuing the severely depressed key US Auto Sector. A very significant part of this highly successful effort was done by Very Aggressively Taking Presidential Executive Actions, instead of by US Congressional Actions. Thus, given the inability of the current US Congress to deal with the country's devastating unemployment, underemployment and income inequality problems, I think the Obama Administration should now consider an approach to tackling these problems by Taking Very Aggressive Presidential Executive Actions similar to what it did in very successfully rescuing the US Auto industry.
What the country desperately needs right now is a Grand Bargain on Income Inequality. There are two key ingredients which should be a part of this Grand Bargain. First, give all US businesses 100% first-year tax expensing for all US equipment and computer software investments made in 2014, but only if there are some increased US payroll count requirements placed just on the larger businesses to earn them. And second, increase the US Federal Minimum Wage to above 10% in stages over the next three years. Other ingredients to this Grand Bargain can be added to make it even more effective, but the two critical components are 100% first-year tax expensing with US payroll count increase strings attached for the large businesses, coupled with an increase in the US Federal Minimum Wage.
You can't force a solution to Income Inequality in a capitalistic system. You have to let the free markets get you there, but with very lucrative tax incentives to get US businesses to see that it is in their best economic interests to act in a way that will result in a substantial narrowing of Income Inequality. The above Grand Bargain will get you there. I am pretty sure of it.
Below here are the market prices of each of these 26 US Auto & Auto Parts Companies on January 23, 2014, on March 6, 2009, and on December 31, 2007, sorted by Percentage Increase from March 6, 2009 to January 23, 2014:
| Market | Market | ||||||
| Price | Price | ||||||
| % | % | ||||||
| Change | Change | ||||||
| Market | Market | Market | 3-6-09 | 12-31-07 | |||
| Price | Price | Price | to | to | |||
| Auto & Auto Parts Co | HQs | 1-23-14 | 3-6-09 | 12-31-07 | 1-23-14 | 3-6-09 | |
| Dana Holding | Maumee | OH | 20.49 | 0.23 | 12.70 | 8809% | -98% |
| Tenneco | Lake Forest | IL | 56.64 | 0.86 | 26.07 | 6486% | -97% |
| American Axle | Detroit | MI | 20.44 | 0.40 | 18.62 | 5010% | -98% |
| TRW Automotive | Livonia | MI | 76.47 | 1.60 | 20.90 | 4679% | -92% |
| Remy Intl | Pendleton | IN | 21.76 | 0.50 | 31.50 | 4252% | -98% |
| Meritor Inc | Troy | MI | 10.15 | 0.45 | 11.73 | 2156% | -96% |
| Standard Motor Products | Long Island City | NY | 35.34 | 1.61 | 8.16 | 2095% | -80% |
| Dorman Products | Colmar | PA | 50.89 | 3.39 | 7.15 | 1401% | -53% |
| Modine Manufacturing | Racine | WI | 11.80 | 0.83 | 16.51 | 1322% | -95% |
| Gentherm | Northville | MI | 27.57 | 2.29 | 21.14 | 1104% | -89% |
| WABCO Holdings | Piscataway | NJ | 93.02 | 8.45 | 50.09 | 1001% | -83% |
| Ford Motor | Dearborn | MI | 16.43 | 1.70 | 6.73 | 866% | -75% |
| BorgWarner | Auburn Hills | MI | 55.64 | 7.59 | 24.21 | 633% | -69% |
| Federal-Mogul | Southfield | MI | 19.68 | 2.96 | 20.25 | 565% | -85% |
| Stoneridge | Warren | OH | 11.64 | 1.79 | 8.04 | 550% | -78% |
| STRATTEC Security | Milwaukee | WI | 50.00 | 7.82 | 41.43 | 540% | -81% |
| Motor Parts America | Torrance | CA | 20.01 | 3.45 | 10.96 | 480% | -69% |
| Johnson Controls | Milwaukee | WI | 49.30 | 9.13 | 36.04 | 440% | -75% |
| Gentex | Zeeland | MI | 33.74 | 7.21 | 17.77 | 368% | -59% |
| LKQ Corp | Chicago | IL | 26.55 | 6.10 | 10.51 | 335% | -42% |
| Monro Muffler Brake | Rochester | NY | 55.66 | 15.70 | 12.99 | 255% | 21% |
| Miller Industries | Ooltewah | TN | 18.87 | 5.35 | 13.69 | 253% | -61% |
| Federal Signal | Oak Brook | IL | 13.95 | 3.99 | 11.22 | 250% | -64% |
| Superior Industries Intl | Van Nuys | CA | 19.73 | 9.48 | 18.17 | 108% | -48% |
| Fuel Systems Solutions | New York | NY | 12.85 | 12.96 | 14.29 | -1% | -9% |
| Quantum Fuel Systems Tech | Lake Forest | CA | 8.73 | 48.00 | 39.12 | -82% | 23% |
| Average % Change all 26 | 1687% | -67% |
