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Reuters: A plan for universal healthcare in China could cut the savings rate. Reuters: Bank regulators are opposing the Obama…
GM’s July sales fell 19%, more than any of the other major car companies, to 188,156. The number is down…
Ford’s (F) July sales rose 2.3% to to 165,279. SUV sales were weak, off 36%, so cars and crossovers had…
Nissan’s new Leaf car doesn’t use any gas and it does not produce any emissions. It is electric and it…
Reuters: Video games hope to make a comeback with new titles and price cuts. Reuters: “Cash for clunkers” should help…
Markets in Asia were mixed. The Nikkei fell a fraction of a percent to 10,352. Toyota (TM) rose on Ford’s…
Ford (F) made two audacious decisions recently, decisions made in an industry where audacity is a distant memory that died…
The $1 billion “Cash for Clunkers” program was an ideal way for the government to protect its $50 billion investment…
Ford (F) makes better cars than it did last year, or at least there is better demand for them. The…
Reuters: Banks paid out billions of dollars in bonuses last year while losing money. Reuters: The US closed its car…
Chrysler sells very few cars overseas, so it may never recover from the auto industry recession. GM and Ford (F),…
Reuters: Unemployment is causing further stress in the housing market. Reuters: The Microsoft (MSFT) deal with Yahoo! (YHOO) may have…
Economists debate the impact of the U.S. economic stimulus plan, and if a second round of stimulus is needed. But…
Ford (F) will launch ten new models this year. Merrill Lynch says that will bring the age of car company’s…
Reuters: CIT (CIT) may be close to bankruptcy. Reuters: China GDP rose 7.9%. Reuters: Foreclosures hit a record in the…
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