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.…
courtesy Ford Motor Co.February U.S. sales numbers are due out from most U.S. and foreign automakers today, and it looks like February was another good month for car sales. Chrysler Group, which…
ThinkstockThe public remains awed every time a U.S. car company adds even a few employees. Perhaps that is because so many tens of thousands lost jobs during the recession and bankruptcies of…
Douglas A. McIntyre ThinkstockEuropean Unemployment Rises Euro area unemployment rose again, a sign that austerity has not helped alleviate economic markets and likely has caused an erosion of jobs. According to Eurostat figures: The euro area (EA17) seasonally-adjusted unemployment…
courtesy of General MotorsIn December 2012, new car and light truck sales in the U.S. came in at a seasonally adjusted annual rate of about 15.4 million units sold. According to TrueCar.com,…
