It is time for Detroit to pull its products and sponsorship dollars out of NASCAR. Toyota (TM) may be able to afford the marketing luxury, but Ford (F), Chevy, and Chrysler cannot. Chevy…
Toyota (TM) says that the global automotive industry is facing two more lean years. It expects to lose more money this fiscal year than it did last and to run most of…
Short sellers jumped out of major financial shares but piled into the stocks for major industrial firms based on data as of June 15. Shorts clearly think the restructuring of the bank…
The federal government has set up a number of systems to effectively control the financial and credit systems along with most of the major firms that operate in the sector. The most…
Reuters: The head of a Congressional watchdog committee is pushing for a consumer protection agency. Reuters: China defended its export policies against a WTO complaint. Reuters: Citigroup (C) intends to raise the…
The latest JD Power new vehicle survey, the Miss America pageant of the auto industry, showed the quality of US cars closing the gap with Japanese models to the point where the…
Reuters: Toyota’s (TM) new management has a rocky road. Reuters: A poll shows confidence in Obama’s economic plans drops. Reuters: Apple’s (AAPL) Jobs was at work. Reuters: Ford (F) and Nissan will…
Who needs Advil when it is more expensive than aspirin and probably does no better at reducing pain? Who needs Starbucks (SBUX) when Maxwell House has just as much caffeine? A new…
The novel approach that the federal government is taking to fixing the American car industry is that it will bail out the manufacturers while letting their suppliers fail. Car parts firms asked…
Reuters: The US outlined new financial market reforms. Reuters: Obama lobbied MDs on his new healthcare package. Reuters: Russia hosted the first BRIC summit. Reuters: B of A’s (BAC) BlackRock (BLK) stake…
The Associated Press released an exclusive story which reported that Chinese car company Beijing Automotive Industry Holding might buy Volvo. It is odd that the auto firm cannot find a buyer in…
Over the past week, the 24/7 Wall St.–The Channel Checkers poll surveyed Ford dealerships to gauge business trends at the ten retailers. We asked the following questions: 1. What is the best selling vehicle currently? 2. Are…
The government was successful when it warned that if the Supreme Court delayed the Chapter 11 process of Chrysler more than a few days, the No.3 US car company might be forced…
Reuters: 3D is bringing a new dimension to the computer world. Reuters: The Supreme Court was asked to block Chrysler sale. Reuters: China bankers called for US sales of yuan bonds. Reuters: …
The UAW under Walter Reuther was arguably the most powerful union in the United States negotiating contracts with all of The Big Three on what became a pre-set cycle. Reuther got union…
