ThinkstockVolkswagen has recalled 384,181 cars in China, including Golf, Magotan, Sagitar and Audi A3 models. Bloomberg reports that the cost of this action to VW will be more than $600 million. The more…
courtesy of General MotorsNew car sales research from Europe shows that General Motors Co.’s (NYSE: GM) fortunes in the region have gotten much worse. Its decade-old string of losses is guaranteed to…
ThinkstockAs Washington tries to find its way out of increasing debt, the debate continues over whether American companies should pay more or less in taxes. Meanwhile, some of the largest U.S. public…
ThinkstockVolkswagen believes it can see the future of the car industry in China and its own place in that future. The German manufacturer will increase its production capacity in the People’s Republic…
courtesy of Volkswagen of AmericaVolkswagen is already at the top of the auto sales food chain in China, tied most months with General Motors Co. (NYSE: GM). But despite a flattening in…
Douglas A. McIntyre ThinkstockApple on the Defensive Today is the day. Samsung will release its so-called iPhone killer, the Galaxy S IV. Many experts believe that the product’s new features will make it a challenge…
ThinkstockThe Treasury Department continues to dump massive numbers of shares in General Motors Co. (NYSE: GM), either because it wants to show it can get some taxpayer money back from its bailout…
Douglas A. McIntyre ThinkstockThe U.K. Probes HP The never-ending battle over the Hewlett-Packard Co. (NYSE: HPQ) buyout of Autonomy continues. HP took a $5 billion write-off less than a year after the deal. It seems…
courtesy of AOL, IncYahoo! Inc. (NASDAQ: YHOO) workers worry that overly high standards for job candidates set by CEO Marissa Mayer have hurt rebuilding the workforce. (Reuters) The MGM board may set…
ThinkstockTime Warner Inc. (NYSE: TWX) will spin off its Time Inc. publishing unit. (Reuters) The National Transportation Safety Board will release a report on Boeing Co. (NYSE: BA) 787 Dreamliner battery problems.…
courtesy of Kia MediaMarket penetration and bad PR have taken down Hyundai and stablemate Kia, which until recently were the hottest brands in the U.S. market. As sales of competitors rise, the…
ThinkstockGasoline and diesel fuel consumption in the United States has fallen in the past few years for a variety of reasons. High prices, improved fuel economy in new cars, fewer miles driven…
ThinkstockChina will lean on consumer spending to expand its economy. (Reuters) Facebook Inc. (NASDAQ: FB) faces more lawsuits over its initial public offering. (Reuters) The White House says it believes people should…
courtesy of General MotorsThere will be resistance from city officials, but the governor of Michigan, Rick Snyder, will appoint an emergency financial manager to run the virtually bankrupt city. He commented to…
courtesy of General MotorsFollowing the path set out earlier by Ford Motor Co. (NYSE: F) and Chrysler Group LLC, General Motors Co. (NYSE: GM) and Toyota Motor Corp. (NYSE: TM) posted U.S.…
