Subject: Eight Cheap Cars the Richest Americans Drive The wealthiest Americans are cheapskates, as least as far as their tastes in automobiles goes. Perhaps that is why some rich Americans stay rich.…
Toyota Motor Corp. (NYSE: TM) made a lot of money last quarter, at about the same time that Ford Motor Co. (NYSE: F) and General Motors Co. (NYSE: GM) were battered by problems…
San Bernadino, Calif., will file for Chapter 11 over $1 billion in debt. (Reuters) The Federal Reserve says it may need to help the economy later this year. (Reuters) Toyota Motor Corp.…
New car sales for July in the US have slowed from the solid growth pace of the first six months of the year. General Motors Co. (NYSE: GM) reported sales down by…
Chrysler Group LLC is profitable again and the report may be creating some envy for Ford Motor Co. (NYSE: F) and General Motors Corporation (NYSE: GM). While Chrysler was in perhaps the…
The week ahead is going to be a busy week. There are many traditional events to watch, but by now the market participants and investors have learned that they have to pay…
Apparently it seems that as long as you are driving, you have to keep buying those darned tires. Goodyear Tire & Rubber Co. (NYSE: GT) showed up as an unusual price gainer…
Industry analysts Baum & Associates have released data on fuel efficiency for new passenger vehicles entering the U.S. in the first half of 2012. The firm found that from January to June…
Auto industry research firm truecar.com released its sales and incentives forecast for July today, and the company expects the sales forecast to translate to a seasonally adjusted annual rate of new car…
The three major US stock indexes opened mixed this morning with the Nasdaq Composite slightly negative on an unexpectedly weak earnings report from Apple Inc. (NASDAQ: AAPL) (more coverage here). A weak…
U.S. stock futures are mixed ahead of the opening bell. Dow Jones industrial average and S&P 500 futures were about 0.5% higher, while Nasdaq futures were lower by about the same amount.…
Ford Motor (NYSE: F) has just reported that its second-quarter net profit slid 57% to $1 billion, or $0.26 a share, as its operations in Europe and a higher tax rate offset…
Trey Thoelcke Apple (NASDAQ: AAPL) blames poor earnings on slow sales in anticipation of the iPhone 5 and a sluggish economy. (Reuters) The Federal Reserve searches for new ways to help the sagging economy.…
The three major US stock indexes opened roughly flat this morning as Spanish 10-year bond yields rose to 7.5% and Moody’s cut Germany’s outlook to ‘negative’ after the markets closed last night…
When Gallup asked people about the state of the economy this spring, as a recovery appeared to have taken hold, the polling company found “nearly half of Americans, 46%, still say the…
