The unemployment rate of the eurozone reached 10.8% in February, up from 10.0% a year ago according to EuroStat. Unlike the in United States, the trend is in the wrong direction. The lowest…
One more foreign car company will take the chance that the Chinese auto market, the world’s largest, will continue to expand. But car sales have not grown in the past year, and signs indicate they…
The market value of General Motors (NYSE: GM) and Volkswagen, two of the largest car companies in the world, rely a great deal on their dominant positions in the Chinese market. That…
The recent news from Chrysler has been almost all good. U.S. sales rose 40% in February, well outdistancing the improvement for most of its rivals. The car maker repaid $7 billion in…
With gasoline prices inching closer to $4 and even $5 a gallon, more Americans will make high gas mileage a priority when they buy their next car. The good news is that…
Honda Motor Company (NYSE: HMC) has a much larger portion of its business tied to car sales in America rather than ATV sales. Today’s news may not even be a blip financially…
Jon C. Ogg Chinese sales have been a backbone of General Motors’ (NYSE: GM) and Volkswagen’s earnings for several years. These firms have ridden their shares of the world’s largest car and light truck market to strong profit…
People buy cars based on personal appeal, price, performance, fuel efficiency and reliability. Reliability is among the most important factors for most consumers. A car or light truck that runs without problems…
The country’s largest automobile dealership, AutoNation Inc. (NYSE: AN) reported that January sales rose to 15,966 vehicles, up 7% year-over-year. The sales growth follows yesterday’s reports from General Motors Co. (NYSE: GM),…
Car stocks traded mixed the day before the companies release January sales data. The number are expected to be as strong, if not stronger than those at the end of last year.…
Toshiba cuts its profit forecasts and lowers guidance. (Reuters) Honda (NYSE: HMC) posts a 65% drop in profits and cuts its outlook because of the yen and Thai floods. (Reuters) Twenty-five nations,…
Auto and motorcycle maker Honda Motor Corp. (NYSE: HMC) in nearing the end of the certification process for its business jet, and expects to have production ramped up to about 80 planes…
The most successful car in history may be the Ford Model T. While other models may have sold more vehicles, Ford managed to sell nearly 17 million cars from 1908 to 1927…
Americans are used to the U.S. being the leader, or a top-ranked nation, in many areas. But in a number of industries and businesses, the U.S. has lost that first place, usually…
Researchers at Toyota Motor Corp. (NYSE: TM) have been able to develop a new type of motor for the company’s hybrid cars that does not include the use of the expensive rare…
