Cars and Drivers
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Robert Lutz, the oldest car company executive in the history of the industry, recently said that Detroit could not raise…
Toyota (TM) has already cut its sales targets for its fiscal 2008 year. Now it is taking down its forecast…
Ford (F) Oil moves up. Drops to $4.25 from a 52-week high of $9.24. Nexmed (NEXM) Drug trial problems. Falls…
Short sellers believe that they have seen the bottom for financial shares and exited the industry en masse. Shares sold…
Ford (F) came within a nickel of its 52-week low yesterday, hitting $4.35. News also came out that the US…
Several reports indicate that GM (GM, Ford (F), and Chrysler are approaching the government for a total of $25 billion…
The quality of American cars was supposed to be getting better. Perhaps that was an illusion. Part of the reason…
Car sales in China may not have gone negative year-over-year, but they are getting close. In July, sedan sales were…
According to Reuters, Ford (F) will build a news luxury crossover vehicle. Reuters writes that Merrill Lynch (MER) will freeze…
If you believe that the bond rating agencies either matter or still offer any relevance in the post-meltdown (or is…
According to Reuters, Goldman Sachs (GS) will buy $1.5 billlion in assets from ABN. Reuters reports that Ford’s (F) new…
According to Reuters, JP Morgan (JPM) lost $1.5 billion in July. Reuters writes the UBS (UBS) posted a huge loss…
It is a Category 5 irony that Toyota (TM) may be faced with exporting cars it makes in the US…
Corporations often start a business that becomes a famous brand, or buy companies that already have highly recognized brand names. …
Chrysler had a fair amount of trouble re-financing a relatively large portion of its debt. The company’s finance division was…
Our top personal finance-related articles today. Your wallet will thank you later.