Lincoln and Cadillac Lose Ground in Luxury Market
The turnarounds of Ford's Lincoln brand and GM's Cadillac suffered setbacks in June as sales stagnated. Gaining on their import rivals has been nearly impossible.
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Douglas A. McIntyre
VW’s Sales Drop 22% as U.S. Troubles Cripple
Volkswagen AGVolkswagen’s efforts to break into the world’s second largest car market continue to fail. Its sales in the United States dropped 22% in June to 28,827. As its market share eroded, sales of…
Could Gang Violence End Mexico’s Shale Dream?
ThinkstockBy Nicholas Cunningham of Oilprice.com Violence in Mexico could thwart hopes of a budding shale boom, as oil and gas companies operating in Texas may think twice about moving south of the border. Mexico…
Buick Sales Up 18%, Moves GM 1% Higher in June
General Motors' June sales rose only 1%. If it had not been for an 18.4% improvement in Buick, GM corporate sales would have dropped.
GM Recall Charges Could Wipe Out 50% of Profits
General Motors has set aside $1.2 billion as a charge to earnings for the current quarter due to the recall of 29 million cars and light trucks. The number is a management guess, blessed…
The Business of Covering Apple
Apple almost certainly is the most widely covered company in the world, as nearly every general news operation, business website and paper, tech news medium churn out millions of words a day.
Libya Leads the World in Slowest Internet Connection Speeds
ThinkstockThe average Internet connection speed in Libya is the slowest in the world at 0.5 Mpbs. Most of the other nations with speeds well below the global average are in Africa, another example of…
A $6,800 American-Made Car
courtesy of Elio MotorsThe least expensive cars available in the United States have been the lowest end vehicles from major manufacturers. Most cost a little less than $15,000 and are made for young adults…
Gas Prices Move Toward $4
ThinkstockGasoline prices, which have been inching higher for months, now top $3.67 per gallon for regular, on average, nationwide. At some point, the rising price will batter consumer spending, although experts differ on what…
Flying From New York to Singapore for $20,000
For anyone who wants to figure out how airlines make their money, a look at first-class air prices should be enough.
Volkswagen Sales to Plunge 16% in June
Volkswagen AGVolkswagen, already in deep trouble in the United States, is expected to have a drop in June sales of 15.8%, which is another sign that its recovery is improbable. According to research firm…
Red Bull Challenges Pepsi and Bud in Marketing Push
Red Bull, the ubiquitous energy drink, has such a broad array of marketing campaigns that it has started to challenge Pepsi and Budweiser in terms of brand visibility.
Nike Crushes Adidas in Global Sales
For all the talk about which athletic gear company has done better at the World Cup, globally, quarter after quarter, Nike thrashes primary rival Adidas in global sales.
Walmart Cuts iPhone Prices — Is Demand Falling?
Walmart unexpectedly slashed what it charges for Apple iPhone 5 models. Is this because the iPhone 6 is on its way, or has iPhone 5 demand dropped sharply and only discounts can revive sales?
Countries Where People Are Least Satisfied With Water Quality
ThinkstockPeople who live in Scandinavian countries are highly satisfied with the quality of their water. People who live in Africa are not. These are among the conclusions of a study by Gallup. Gallup’s conclusions…
As Ikea Raises Minimum Wage, Pressure Grows for McDonald’s and Walmart
Ikea is one of the retailers and fast-food companies that recently decided to raise its minimum wage. McDonald's and Walmart remain the largest holdouts.
Does Facebook’s White Workforce Hurt Its Image?
The face of Facebook is white and male, by its own admission. The numbers are similar to those recently released by other high-tech companies, including Google.
Red Sox vs. Yankees Leads List of Most Expensive MLB Games Before All-Star Break
Performance Sports Group Ltd.The end of June is near and that means the All-Star break is fast approaching. This year the All-Star game is being held at Target Field in Minneapolis on July 15,…
Detroit Housing Market Still Dead
A look at new Case-Shiller home price data for April might lead people to believe Detroit's housing market has made a miracle comeback. Nothing could be further from the truth.
Google’s One Set-Top Box Too Many
Google will release a set-top box into a market that is already crowded, so Google's chance of taking market share from incumbents is low.