U.S. made luxury cars have become all but extinct, as buyers have deserted the iconic U.S. brands for foreign models from Mercedes-Benz, BMW, Lexus and others. We noted earlier today that the…
courtesy of General MotorsIn 2011, new car and light truck sales in the U.S. came in at about 13 million units sold. According to TrueCar.com, forecast sales for November put new light…
courtesy Ford Motor Co.In July of this year, Ford Motor Co. (NYSE: F) announced the beginning of production at its plant in Craiova, Romania, after spending more than €500 million to retool…
thinkstockWal-Mart Stores Inc. (NYSE: WMT) India suspends some employees as it begins a bribery investigation. (Reuters) PMI data for Europe drops to 2009 lows. (Reuters) S&P confirms its AA+ rating of France…
courtesy Ford Motor Co.Ford Motor Co. (NYSE: F) and its partners in a Chinese engine plant will invest an additional $37.3 million to expand the plant’s capacity. Mazda Motor Corp. and Chongqing…
courtesy of Ford Motor CompanyFord Motor Co. (NYSE: F) and General Motors Co. (NYSE: GM) both face challenges as 2012 closes that they did not face at the start of the year.…
courtesy Ford Motor Co.Ford Motor Co. (NYSE: F) and General Electric Co. (NYSE: GE) today announced that GE will purchase 2,000 of Ford’s C-Max Energi plug-in hybrids for GE’s fleet. The purchase…
U.S. equity markets opened higher this morning but quickly turned south and bounced around lower all day. In Europe, the eurozone notched its second consecutive quarter of negative GDP growth, tossing the…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall St. research calls this Thursday. Abercrombie & Fitch Co. (NYSE: ANF) raised to Outperform at William Blair…
thinkstockToday is potentially a make or break day when it comes to a corporate voice on how to avert SOME of the issues with the coming fiscal cliff. Leaders of labor got…
ThinkstockThe 2010 Toyota Corolla is the most reliable car sold in the United States, according to a report released today. The car requires fewer repairs than any other car — 2002 model…
courtesy of AOLFormer Best Buy Co. Inc. (NYSE: BBY) chairman Richard Schulze will bid for the company, but at a level less than the $8 billion expected. (Reuters) China posts a 9.6%…
ThinkstockElection Day has come and gone. President Obama won a second term. The current electoral vote was by a margin of about 3 to 2 (unofficial), but the percentage last seen was…
courtesy of FordOwning a car for many years can be considered a sign of brand loyalty. The car  is well made, or perhaps it retains its value better than other vehicles. Each…
While most of the car industry struggles in Europe and companies report severe earnings problems there, German-based BMW showed that, as the rich get richer, it can overcome deep problems in it…
