ThinkstockJapan has fallen into recession, which has been expected for some time. Japan’s Cabinet Office reported that third-quarter gross domestic product contracted 3.5% on a per annum basis. That was worse than…
We noted earlier this morning that U.S. new car sales continue to rise in November, but a few of the usual suspects had not reported sales at the time. But all the…
Nearly half the respondents in a recent study said they would consider getting a mortgage through eBay Inc.’s (NASDAQ: EBAY) PayPal. And one of three would consider a mortgage from Wal-Mart Stores…
Automakers are releasing November U.S. sales figures today and the news continues to look good for most of the companies. Ford Motor Co. (NYSE: F) and Nissan both cruised past analysts’ estimates…
U.S. made luxury cars have become all but extinct, as buyers have deserted the iconic U.S. brands for foreign models from Mercedes-Benz, BMW, Lexus and others. We noted earlier today that the…
The myth of a turnaround of the Cadillac division of General Motors Co. (NYSE: GM) becomes more laughable by the month. The luxury nameplate continues to brag that its new ATS will…
Deloitte and KPMG are sued for their parts in the Hewlett-Packard Co. (NYSE: HPQ) buyout of Autonomy. (Reuters) Samsung launches a Google Inc. (NASDAQ: GOOG) Android-based camera in Japan. (Reuters) Steve Ballmer…
courtesy of General MotorsIn 2011, new car and light truck sales in the U.S. came in at about 13 million units sold. According to TrueCar.com, forecast sales for November put new light…
ThinkstockAs the year comes to a close, the speculation about which of the three largest car companies will be number one in global sales has started. Toyota Motor Corp. (NYSE: TM), Volkswagen…
courtesy of General MotorsLess than two weeks ago, a possible sale of Ally Financial Inc.’s international auto lending business to General Motors Co. (NYSE: GM) was just a rumor. Late Wednesday, when…
Paul Ausick courtesy Ford Motor Co.In July of this year, Ford Motor Co. (NYSE: F) announced the beginning of production at its plant in Craiova, Romania, after spending more than €500 million to retool…
courtesy Ford Motor Co.Ford Motor Co. (NYSE: F) and its partners in a Chinese engine plant will invest an additional $37.3 million to expand the plant’s capacity. Mazda Motor Corp. and Chongqing…
courtesy of Ford Motor CompanyFord Motor Co. (NYSE: F) and General Motors Co. (NYSE: GM) both face challenges as 2012 closes that they did not face at the start of the year.…
courtesy Ford Motor Co.Ford Motor Co. (NYSE: F) and General Electric Co. (NYSE: GE) today announced that GE will purchase 2,000 of Ford’s C-Max Energi plug-in hybrids for GE’s fleet. The purchase…
Mark Hirschey / Wikimedia CommonsBerkshire Hathaway Inc. (NYSE: BRK-B) (NYSE: BRK-A) and Warren Buffett have just released their most recent U.S.-listed equity holdings. Many changes had been made in the June quarter…
