Toyota Motor Corp. (NYSE: TM) will spend $400 million to expand its assembly plant in Princeton, Indiana, to build 50,000 more of the company’s Highlander SUV. Toyota is responding to the strong…
Paul Ausick Nissan and Toyota (NYSE: TM), two of Japan’s largest car companies, reported better than expected quarterly earnings and posted solid forecasts. Europe-based Opel, part of General Motors (NYSE: GM), continues to struggle…
Nissan was the latest of the large Japanese car companies to post positive earnings results and strong forecasts for the balance of the year. The news follows Toyota’s which included a forecast that…
Greece continues to demonstrate that it can teeter almost indefinitely between austerity and the grant of aid packages without a short-term resolution to its sovereign debt crisis. The latest development is that the ruling coalition…
Glencore and Xtrata agree to a $90 billion merger. (Reuters) Greek leaders face a deal for settling sovereign debt matters as workers strike. (Reuters) Toyota (NYSE: TM) posts good third-quarter profits and…
We are getting into the last of the normalized quarterly earnings reports and into the first waves of the companies with off-normal quarter-ends. Tuesday is going to be another busy day with…
At about the same time that General Motors (NYSE: GM) ran five ads during the Super Bowl, its management said the world’s largest car company has targeted profits of $10 billion a year for…
Time has finally run out for Greece. The European Union, European Central Bank and International Monetary Fund have said they are tired of waiting to see if Greece can cut is budget again.…
Perhaps it is the fact that all of its plants are back online after the March Japan earthquake, or that US car sales in general are so robust. Toyota (NYSE: TM) forecast…
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),…
A 30-second ad spot in this year’s Super Bowl costs an average of $3.5 million. That’s an 84% increase from 10 years ago and the highest amount advertisers have ever had to…
Australian mining company Lynas is nearing completion of a rare earth metals refining plant in Malaysia that would be capable of producing about a fifth of the current global demand for the…
Paul Ausick 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.…
Car sales in the US continue to defy economic gravity. After a 2011 in which sales rose sharply despite a shaky economy, Truecar says January sales will continue the trend. It is a sign…
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…
