White House Photo by Pete SouzaWarren Buffett’s Berkshire Hathaway (NYSE: BRK-A) has acquired the beverage dispensing and merchandising businesses of IMI for $1.1 billion. The U.K.-based engineering firm says it will use…
courtesy of General Motors Co.General Motors Co. (NYSE: GM) has priced the new Cadillac ELR electric luxury car far too high for it to sell well. The primary reason is not that…
ThinkstockIn an interview in Tokyo on Wednesday, Toyota Motor Corp. (NYSE: TM) said it expects to unveil a hydrogen fuel cell car at next month’s Tokyo Auto Show and have the car…
courtesy of StarbucksFor a number of years, Starbucks Corp. (NASDAQ: SBUX) CEO Howard Schultz has displayed a sort of arrogance about what he, and sometimes his coffee company, can do to save the…
Courtesy Ford Motor Co.While September sales were off slightly from last year, the U.S. auto industry is up more than 8% for the year. However, success relies heavily on the popularity of…
courtesy of General Motors Co.The Cadillac division of General Motors Co. (NYSE: GM) launched a new version of its Escalade super-SUV. And the release was done with great fanfare, a peculiar effort since…
courtesy of Tesla MotorsTesla Motors Inc. (NASDAQ: TSLA) has defied logic when it comes to valuation for a car company. We have by and large stopped tallying up valuation metrics because there are…
Courtesy Volkswagen AGWith only one exception, Volkswagen of America is the least successful big car company with a presence in the United States. And that presence is dwindling as consumers find better alternatives…
ThinkstockAutomakers report September sales throughout the day Tuesday, and we will be following the reports and posting results as they come in. Based on analysts’ estimates, the seasonally adjusted annual sales rate…
Last Friday at the Texas State Fair, the Chevrolet division of General Motors Co. (NYSE: GM) showed off a concept vehicle it calls “Black Ops” based on its popular Silverado pickup truck.…
Paul Ausick ThinkstockNew U.S. car sales for the month of September, including fleet sales, are expected to reach 1.17 million units, down 1.8% year-over-year from 1.89 million units sold in September 2012, according to…
courtesy of Google Inc.Boston Consulting Group (BCG) released its list of “The Most Innovative Companies of 2013.” As is the case with most of these types of lists, the conclusions are based…
Courtesy Chrysler Group LLCChrysler filed for an IPO today. It is one of the few major car companies in the world that is not public. Chrysler emerged from Chapter 11 three years…
Courtesy General Motors Co.Saying that the company “has been on a steadily improving operational and financial trajectory since it emerged from bankruptcy,” Moody’s Investors Service on Monday lifted its rating on General…
courtesy of General MotorsGeneral Motors Co. (NYSE: GM) soon will have less and less government (and taxpayer) oversight. Ongoing share sales have now reduced the government ownership to about 7.3%. This is…
