Cars Americans No Longer Drive
The number of cars and light trucks sold in the U.S. fell 25% over the past five years, from over 16.4 million for the model year beginning September 2005 to 12.4 million…
The number of cars and light trucks sold in the U.S. fell 25% over the past five years, from over 16.4 million for the model year beginning September 2005 to 12.4 million…
If the US has an energy policy — a big if — that policy turns on two factors. One, reducing energy imports; and two, reducing environmentally harmful emissions. How the US will…
Sirius XMSIRIUS XM Radio Inc. (NASDAQ: SIRI) is a stock that has become the target of short sellers now that shares went well above $2.00 and came falling back down to earth. …
Short sellers appear ready to follow bank stocks all the way down to zero, at least based on data for the period that ended September 15. Shares short in Citigroup (NYSE: C)…
World stocks rise on the hope that the eurozone will address its financial problems. (Reuters) Apple (NASDAQ: AAPL) shares fall because of rumors that iPad production is low. (Reuters) Warren Buffett’s Berkshire…
Europe begins to more aggressively look for problems to its debt crisis as pressure from the rest of the world grows. (Reuters) Amazon.com’s (NASDAQ: AMZN) new tablet PC may be a serious…
This was no good week for stocks even if the markets have bounced off the lows numerous times on Friday. The low of the DJIA on Friday morning of 10,638 was down…
“Never apologize. It’s a sign of weakness” — John Wayne as Captain Nathan Brittles in She Wore a Yellow Ribbon (1949) CEOs are rarely in the business of apologizing. They leave the…
Parties of Merkel and allies parties beaten in Berlin elections. (Reuters) Obama jobs plan geared toward Democrat voters. (Reuters) Greece must take more austerity measures to get bailout money. (Reuters) Moody’s bias…
Last week carmaker Toyota Motor Corp. (NYSE: TM) said that it had no plans to introduce an all-electric car into the Chinese market. Unlike both Ford Motor Co. (NYSE: F) and General…
John Chambers of Cisco (NASDAQ: CSCO) to preside over the company’s analyst meeting, perhaps for the last time. (Reuters) Merkel says the euro has no orderly method for a default. (Reuters) The…
The automobile industry is once again in a period of lowering demand for its vehicles and this may put two years of advances in jeopardy. Last week was a particularly bad week for this industry. Ford (NYSE: F)…
Toyota Motor Corp. (NYSE: TM) rolled out its 2012 model Camry in Japan yesterday. For the Japanese market, the carmaker will sell only the gasoline-electric hybrid. That puts the company on par…
Many economists said U.S. car sales were strong in August and that the improvement was a sign of a better trend in consumer spending. That was hardly true. Sales rose 7.5% to…
There’s really something odd about the latest deal from Ford Motor Co. (NYSE: F) to team up with Zipcar, Inc. (NASDAQ: ZIP). Ford will provide up to 1,000 of its Escorts and…