U.S. equity markets opened higher this morning despite low flash PMI readings from the eurozone. Germany’s manufacturing PMI reading was especially notable, falling to 47.9 from 49, and the country’s services PMI…
Courtesy General Motors Co.General Motors Coo. (NYSE: GM) discussed its present situation in China and pointed to its future plans. GM has been the leading car company in China for eight years,…
Courtesy of Tesla MotorsThere are about five dozen hybrid or all-electric cars available in the U.S. Of those, the editors of Kelley Blue Book chose 10 that they think are the best…
ThinkstockCar sales in Europe dropped 10.2% in March, according to the European Automotive Manufacturers’ Association (ACEA). The news not only shows how unlikely it is local car companies can rebound during the…
ThinkstockOver the past 10 years the world’s largest commodities trading houses have racked up nearly $250 billion in profit. That is more than the net profit of Goldman Sachs Group Inc. (NYSE:…
courtesy of Facebook Inc.Softbank probably will pursue its bid for Sprint Nextel Corp. (NYSE: S), even though DISH Network Corp. (NASDAQ: DISH) has made a bid of its own. (Reuters) The European Union…
ThinkstockWells Fargo & Co. (NYSE: WFC) cuts the number of outside investment managers that its brokers can offer to clients. (Reuters) Thermo Fisher Scientific Inc. (NYSE: TMO) is likely to pay $13…
courtesy of Toyota Motor Corp.Toyota Motor Corp. (NYSE: TM) announced that the Ford Motor Co. (NYSE: F) claim that its Focus was the best-selling car in the world last year is false.…
ThinkstockSoros on Europe’s Troubles Why is Europe in such a difficult financial situation? Billionaire George Soros believes he knows. If only Germany would cooperate and offer more support to its weaker neighbors,…
FiskerAlmost no one will buy a new Ford Motor Co. (NYSE: F) F-150 SVT Raptor Special Edition, which has special seats, a good sound system and a nice paint job. It is…
Douglas A. McIntyre courtesy Ford Motor Co.Ford Motor Co. (NYSE: F) announced that its Focus was the best-selling car in the world last year, at least based on data from research firm Polk. What Ford…
Courtesy J.C. Penney Co. Inc.; photo by Chris RupertChina’s Mild Inflation China released inflation data for March, and the numbers received mixed reviews. One set of analysts believes that a lack of…
courtesy of YouTubeJ.C. Penney Co. Inc.’s (NYSE: JCP) board faces criticism for firing CEO Ron Johnson and replacing him with the predecessor who cause some of the retailer’s problems. (Reuters) Ford Motor…
courtesy Ford Motor Co.Hybrid car sales totaled 46,327 vehicles in March, with Toyota Motor Corp. (NYSE: TM) grabbing just over 68% of the total, with sales of more than 31,512 Toyota and…
courtesy of General MotorsNew car sales at General Motors Co. (NYSE: GM) rose 6% year-over-year in March to a total of 245,950 vehicles. That is up 10% from the 224,314 vehicles the…
