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According to Reuters, the days of the CEOs of Bank of America (BAC) and Citigroup (C) may be numbered. Reuters…
GM (GM) must fire another 21,000 factory workers, as part of a plan to get an additional $11.6 billion in…
On news that GM (GM) has put together a new and very aggressive restructuring program, its shares are higher by…
For all of the restructuring work that GM (GM) has done, all the layoffs, and negotiations with the UAW and…
The Chinese government has become more aggressive about buying foreign assets. Chinese leaders recently said they would begin to make…
GM’s (GM) stock trades at $1.71, which is not even its 52-week low. Several news outlets have reported that the…
If only US car companies could do all of their business in China. The economy there must be better than…
Like a number of other numbers which have come out in the last month, US light vehicle sales were slightly…
According to Reuters, Obama demanded that the G-20 find solutions to the global financial crisis. Reuters reports that a bankruptcy…
Rick Wagoner, former CEO of GM (GM), is not old enough to retire. He has an incredible CV which includes…
Toyota’s (TM) share of the US light vehicle market is 18% and Honda’s (HMC) is 10%. GM’s (GM) share of…
The current word in the news media is that Chrysler chief Robert Nardelli will keep his job, unlike his counterpart…
For over a year, analysts have said that one of the largest problems car companies face is dealers who go…
According to Reuters, Madoff will plead guilty. Reuters reports that most consumers do not expect any recovery until 2010. Reuters…
Our top personal finance-related articles today. Your wallet will thank you later.