Asia Markets And Europe Open 8/21/2009
Markets in Asia were mixed The Nikkei fell 1.5% to 10,238. Shares in Toyota (TM) and Honda (HMC) fell. The Hang Seng was down .9% to 20,253. The Shanghai Composite was up…
Markets in Asia were mixed The Nikkei fell 1.5% to 10,238. Shares in Toyota (TM) and Honda (HMC) fell. The Hang Seng was down .9% to 20,253. The Shanghai Composite was up…
The New York Times got ahold of an early version of the 2009 new vehicle study done by The University of Michigan Customer Satisfaction Index. The paper reports that “in the rankings by…
Markets in Asia were mostly higher. The Nikkei rose .8% to 10.517. Honda (HMC) and Toyota (TM) both rose over 1%. The Hang Seng was up 2.1% to 20,864. The Shanghai Composite…
Markets in Asia rose modestly. The Nikkei was higher by .6% to 10,586. Honda (HMC) was flat after rising for several days. The Hang Seng was up by .1% to 20,591. The…
GM’s July sales fell 19%, more than any of the other major car companies, to 188,156. The number is down so much that without the Pontiac and Saturn brands that it plans…
Ford’s (F) July sales rose 2.3% to to 165,279. SUV sales were weak, off 36%, so cars and crossovers had to make up for that. GM’s sales moved sharply in another direction.…
Nissan’s new Leaf car doesn’t use any gas and it does not produce any emissions. It is electric and it will be available in the US, Japan, and Europe next year. Nissan…
Markets in Asia were mixed. The Nikkei fell a fraction of a percent to 10,352. Toyota (TM) rose on Ford’s (F) strong July numbers. The Hang Seng rose .2% to 20,620. The…
Ford (F) made two audacious decisions recently, decisions made in an industry where audacity is a distant memory that died when Lee Iaccoca left the business. William Clay Ford, Jr., the company’s…
Most markets in Asia were up slightly. The Nikkei rose .5% to 10,165. Honda (HMC) rose on good results as did Sony (SNE). The Hang Seng was up .9% to 20,312. Lower…
The automotive industry has been one of the most troubled worldwide over the last two years. High gas prices and low consumer spending have conspired to kill off demand for cars and light…
Reuters:Â Â China and the US vowed close ties to bring the economy out of recession. Reuters:Â Â Microsoft (MSFT) and Yahoo! (YHOO) are close to a search deal. Reuters:Â Â The Senate may drop…
Asian markets were mixed with Chinese markets falling sharply. The Nikkei rose .3% to 10,113. Honda (HMC) posted good earnings. Sony (SNE) posts next week. The Hang Seng was down 3.1% to…
It is not enough that two-thirds of The Big Three have gone through bankruptcy and that GM is controlled by the Treasury Department. Detroit has to contend with the more adroit and…
Reuters:Â Â Riots in China show the nation is in flux. Reuters:Â Â The US is considering mortgage aid for the unemployed. Reuters:Â Â The June budget gap was $94 billion. Reuters:Â Â Rattner stepped down…