Out Fox The $treet

GM plans to close multiple plants that focus on the assembly of cars. The company forecasts increasing automotive cash flows by ~$6.0 billion by 2020. GM is set survive any current down cycle in the auto sector and thrive beyond 2020 as TaaS ramps up. My  investment thesis  has long held that the  General Motors  ( GM ) under the leadership of CEO Mary Bara is not your fathers GM. The auto manufacturer has correctly invested in transportation-as-a-service (TaaS) opportunities to position the company for the future while cutting costs. The stock has lagged due to fears of peaking auto sales, but the transformation should position GM to profit through a down cycle and into the massive TaaS opportunity down the road. Read the full article on Seeking Alpha. 

Mobileye easily surpassed Q2 analyst estimates. Ending a partnership with Tesla Motors is a big red flag on whether Mobileye will maintain a technology lead. The stock is richly valued, considering the profit margins are unsustainable due to the low spending levels. The  Q2 results  for  Mobileye (NYSE: MBLY )  were phenomenal on all metrics. The assisted driver technology leader though faces some challenges going forward, especially in relation to stock value. Read the full article on Seeking Alpha.  Disclosure: No position

General Motors continues trading in a small range below $35. The fundamentals of the company continue to improve allowing for large capital returns in comparison to the market cap. The stock remains a solid buy providing a dividend yield over 4% to pay investors while waiting for the stock to bounce higher. For the last two years, the stock of General Motors (NYSE: GM ) has flatlined. The market has worried endlessly about waning demand in China and liabilities from the ignition switch issue amongst others. Read the full article on Seeking Alpha. Disclosure: Long GM. Please review the disclaimer page for more details. 

In a sign that the global economy will return to normal production levels in June, Toyota now expects to hit production levels approaching 90 percent. Considering Toyota is the largest producer in Japan, this return to normalcy should shift the global auto market back into balance. Competitors could likely make up any difference at those levels. After weak May manufacturing numbers spoked the market, the June numbers should be predictably better. The market doesn't act like the facts matter, but the data should naturally improve considering the major impact to both jobs and the growth numbers have been the auto sector. The industry will undoubtedly see higher numbers possibly approaching February numbers prior to the quake. Outside autos, no evidence exists that a significant slowdown is under way around the world. Heck, even Dr. Copper has lurched back to $4.13/lb signaling strong demand. Copper bottomed out in mid May most likely when global production especially in Japan saw...