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Why cars can cost 3x as much in Australia despite currency parity with the U.S.
Posted on February 19, 2011 | No CommentsFiled under: Car Buying, Lexus, Mercedes-Benz, Porsche, Australia Right now, the U.S. dollar and the Australian Didjaerawollabuck dollar are about as evenly rated as possible. If that’s the case, why are Australians paying double or even triple what we pay to purchase an automobile? Neil Dowling of Cars Guide looked... -
Is GM really worth as much as Ford right now?
Posted on November 3, 2010 | No CommentsIf investors pay what GM hopes to get for its stock in a planned IPO, they’ll have to buy the logic that the company’s stock-market value should be similar to its closest competitor, Ford. msnbc.com: Autos