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According to Reuters, Japan’s recession deepened as its exports fell sharply. Reuters reports that Ireland will spend $7.7 billion to…
Markets in Asia were mixed The Nikkei rose 1.6% to 8,724 despite a big drop in exports. Toyota (TM) fell…
According to Reuters, GM (GM) and Chrysler are close to a loan deal with the government. Reuters reports that Obama…
Markets in Asia were mixed The Nikkei fell .9% to 8,589. Toyota (TM) fell on word it might post a…
Toyota (TM) has been poised to become the preeminent global car company for sometime. Its worldwide production passed GM’s (GM)…
Hand it to Andrew Grove, the former CEO of Intel (INTC). He wrote a book about how paranoid he is…
While the US car companies struggle to survive and GM (GM) and Chrysler say they may not make it until…
The Big Three restructuring plans submitted to Congress make good bedtime reading. The programs are full of assumptions which, taken…
GM (GM) distributed its turnaround plan to Congress. It was almost exactly what the market expected, but it fudges one…
A lot of fat, pork-barreling Congressmen who are supposed to vote on an auto bailout just want to go home…
According to Reuters, JP Morgan (JPM), Bank of America (BAC), and Merrill Lynch (MER) will cut a total of almost…
Near the Detroit Metropolitan Airport, visible from several major highways, is a four-story tall replica of a Uniroyal tire. It…
Are the markets still unstable? Are they subject to sharp moves on a rumor or a whim? Ford (F) and…
Detroit is in real trouble. There has been some hope that the really healthy Japanese and European car companies could…
24/7 Wall St. interviewed Jesse Toprak, Executive Director of Industry Analysis at Edmunds.com. One of the largest issues looking at…
Our top personal finance-related articles today. Your wallet will thank you later.