While most of the car industry struggles in Europe and companies report severe earnings problems there, German-based BMW showed that, as the rich get richer, it can overcome deep problems in it…
Courtesy of The Washington Post CompanyThousands of Greeks protest austerity measures. (Reuters) A U.S. judge rejects a patent lawsuit between Google Inc. (NASDAQ: GOOG) and Apple Inc. (NASDAQ: AAPL). (Reuters) General Motors…
ThinkstockU.S. sales of hybrid electric vehicles (HEVs) are running nearly 68% higher in the first 10 months of 2012 compared with the same period in 2011. Total vehicle sales are up 13.8%…
courtesy of Ford Motor CompanyAs Chinese consumers shunned Japanese goods due to a territorial dispute between the two countries, U.S. automakers General Motors Co. (NYSE: GM) and Ford Motor Co. (NYSE: F)…
U.S. equity markets opened higher this morning following the report on U.S. non-farm payrolls and the U.S. unemployment rate. Payrolls rose by 171,000, better than expected, and the unemployment rate came in…
These are some of the top analyst upgrades, downgrades and initiations seen in Wall St. research calls this Friday. The Active Network Inc. (NYSE: ACTV) cut to Market Perform at Raymond James…
ThinkstockLittle did sweater-clad Fiat CEO Sergio Marchionne know when he bought a controlling stake in troubled number three U.S. car maker Chrysler that he was hedging an unknown bet that Fiat would fall…
thinkstockRegulators could fine Barclays PLC (NYSE: BCS) $470 million for manipulating California’s energy market, according to an investigation by the Federal Energy Regulatory Commission. (Reuters) Sony Corp. (NYSE: SNE) says it had…
General Motors Co. (NYSE: GM) reported third-quarter 2012 results before markets opened this morning. The automaker posted diluted earnings per share (EPS) of $0.89 on revenues of $37.6 billion. In the same…
Paul Ausick Chrysler Group reported on Monday that the company’s net income for the third-quarter totaled $381 million, up 80% from $212 million in the same period a year ago. Net revenue totaled $15.5…
Chrysler Group LLC reported today that the company’s net income for the third-quarter totaled $381 million, up 80% from $212 million in the same period a year ago. Net revenue totaled $15.5…
Chinese auto and battery maker BYD Co. Ltd reported today that third-quarter profits fell 94% year-over-year as China’s domestic car market continues its slump. MidAmerican Energy Holdings Co., a division of Warren…
courtesy of Ford Motor CompanyThe value of shares in Ford Motor Co. (NYSE: F) and General Motors Co. (NYSE: GM) have been badly damaged, primarily because of the weakness in the European…
Some experts believe that the fiscal cliff may cause a drop in gross domestic product much greater than the Congressional Budget Office estimates. (Reuters) General Motors Co. (NYSE: GM) will test magnesium car…
In the first nine months of 2012, the various models of the Prius from Toyota Motor Corp. (NYSE: TM) sold 46,380 vehicles in California to become the best selling car in the…
