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…
If you tally up U.S. car sales, the rate would be “blistering” according to the reports that came out throughout the day. February sales did have that extra day, but all in…
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…
Statements by Bernanke about the uneven economy push stocks down. (Reuters) Chinese factory activity grows more than expected in February. (Reuters) Facebook sets new advertising tools for major marketers ahead of its…
The recent history of the results of car company mergers is mixed. Renault and Nissan virtually merged in 1999 and share Carlos Ghosn as their CEO. There is no compelling evidence that the…
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 BP (NYSE: BP) oil trial is delayed for settlement talks. (Reuters) G20 ministers and central banks say Europe has to add money to its own funds before seeking outside aid. (Reuters)…
President Obama may propose a new corporate tax rate. (Reuters) The U.S. Consumer Financial Protection Bureau will examine overdraft fees. (Reuters) Apple (NASDAQ: AAPL) will hold its annual meeting with the company in…
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…
Europe reaches a deal to bail out Greece, but not all details are set. (Reuters) Japan and the U.S. agree on how much Japan will take in cuts to its import of Iranian…
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…
