The European Automobile Manufacturers Association reported that regionwide car sales rose for the first time in a year and a half: In April, the EU market of new passenger cars grew ... Read Full Story »
Record Air Traffic This Summer For those who do not have to travel by air this summer -- don't. The number of seats filled will hit near-record levels. Airports will be ... Read Full Story »
The number of cars sold in Europe reached a historic low in January, and there is not a bit of evidence that the situation will improve soon. The storm that ... Read Full Story »
A Chinese military operation may be the source of many of the major hacks on U.S. cyber interests. (Reuters) Burger King Worldwide Inc. (NYSE: BKW) takes its Twitter account offline ... Read Full Story »
General Motors Co. (NYSE: GM) and Ford Motor Co. (NYSE: F), which have posted huge financial loses in Europe, face larger ones in 2013 that could swamp strong revenue from ... Read Full Story »
Whatever hope car companies had that economies in Europe might mend in 2013, which would help their fortunes, has disappeared. Sales figures for the region in November tumbled from a ... Read Full Story »
The European Automobile Manufacturers Association (ACEA) announced that April sales of cars and light trucks in the region were “6.9% less than in the same month of 2011.” That means only 1,017,912 ... Read Full Story »
The European Automobile Manufacturers Association said sales reached a 14-year low in the region in March. Registrations in the European Union plus Switzerland, Norway and Iceland fell 6.6% to 1.5 million ... Read Full Story »
Argentina may take control of huge energy company YPF. (Reuters) Spanish debt costs continue to rise. (Reuters) The International Monetary Fund will try to raise $400 billion, much less that previously ... Read Full Story »
The European Automobile Manufacturers Association reported that car and light truck sales in the region fell by 5.8% in December as demand in Spain and Italy was crushed. Total registrations in ... Read Full Story »