In the latest blow to its vaunted reputation for quality, Toyota Motor Corp. (NYSE: TM) today announced a recall of 682,000 cars and pickups. The company issued a recall of 420,000 Lexus…
Paul Ausick After opening lower this morning on weak data from Europe and Asia, the ISM non-manufacturing index for the US came in better than expected, but it was not enough to swing indexes…
Jon OggThese are some of this Monday’s top analyst upgrades, downgrades, and initiations seen in Wall Street research calls. Allstate Corporation (NYSE: ALL) Raised to Buy and $36 target at Argus. Guidewire Software,…
Toyota (NYSE: TM) said its U.S. car sales rose faster than expected in February and that March sales are off to a strong start. Much of the credit, the company said, goes…
Douglas A. McIntyre Anheuser-Busch InBev NV may buy China’s Kingway Brewery Holdings’ assets. (Reuters) The Department of Justice is expected to widen its probe of mortgage-backed securities. (Reuters) AT&T (NYSE: T) sets new standards that will impose penalties…
The still-sputtering economy which continues to be undermined by high unemployment and low home prices has not arrested a tremendous revival of car sales. In 2008 and 2009, national sales barely averaged 10…
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…
February car sales in the U.S. will be at multimonth highs and the annual sales run rate will be 14 million. Chrylser has already announced a 40% improvement. That is still well…
The Chinese government over the weekend issued a rule requiring government officials to buy only Chinese-branded cars. The rule is intended to help support the country’s automakers who have seen sales fall…
The U.S. Postal Service has begun a cost-cutting process meant to save it $10.5 billion between now and 2015. The first tranche is a consolidation or shuttering of 223 locations. The effect of the…
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…
General Motors (NYSE: GM) has been in the news this week for two reasons. One is presidential candidate Mitt Romney’s views about whether the government should have bailed out the car maker.…
According to automobile industry research firm J.D. Power & Associates, a division of The McGraw-Hill Companies Inc. (NYSE: MHP), dependability ratings on 2009 cars after three years on the road have hit…
One reason investors like to own General Motors (NYSE: GM) stock is that that company is the leading car manufacturer in China, when its local partners’ sales results are added to its own.…
