Google (NASDAQ: GOOG) misses earnings expectations, which pushes shares down as much as 10%. (Reuters) IKEA posts a profit and grows in most regions of the world. (Reuters) Greece and private creditors…
Just two years after emerging from bankruptcy protection and taking a $50 billion bailout package from the federal government, General Motors Co. (NYSE: GM) is once again leading the world in total…
Eastman Kodak (NYSE: EK) files for Chapter 11. (Reuters) Greece and its private lenders work toward a last-hour compromise on a debt exchange. (Reuters) BP (NYSE: BP) likely to set a $20…
Most Americans know nothing of Polk when it comes to analyzing auto data. There is likely soon to be a booming new car industry in America if American’s begin to revert anywhere…
German carmaker Volkswagen AG sold 2.26 million vehicles in China and Hong Kong during 2011, up 18% year-over-year and a new record for the company. China is the company’s largest market for…
Among 33 auto brands sold in the US, Hyundai has the highest customer loyalty–which JP Power calls “retention rate” One in three new-vehicle owners who switched brands say their previous brand didn’t make…
Updated throughout the day Olympus may set a partial merger with Samsung (Reuters) GM (NYSE: GM) may shift more production to Europe to improve relationships with Germany unions which represent Opel workers (Reuters)…
Douglas A. McIntyre Foreclosures fell for the first time in four years, according to research firm Realtytrac. The firm said “Foreclosure filings were reported on 205,024 U.S. properties in December, a decrease of 9 percent from…
Every car manufacturer in the world wants to do well in China–the world’s largest market. But, sales growth there slowed to an improvement of 2.5% to 18.5 cars and light trucks. The…
Douglas A. McIntyre There is still too much spare capacity in the global auto industry. That is, at least, what Fiat and Chrysler CEO Sergio Marchionne believes. He is particularly concerned about the situation in Europe…
A showdown between GM and its German unions may be about to end which would allow the firm’s Europe operation–Opel–to improve its P&L. As part of a deal that would allow the…
Douglas A. McIntyre It is impossible for every company in an industry to gain market share. Yet, almost all of the large car manufacturing executives say that in 2012 they will beat their competition in…
The single greatest mystery of the fourth-quarter 2011 earnings season is why EPS growth will slow despite what is probably the most promising part of the recovery since the recent deep recession.…
Deal makers were busy over the weekend. Strategic considerations were more the driver of activity than an improved economy, however. Lions Gate Entertainment (NYSE: LGF) will buy Summit Entertainment for $400 million,…
http://platform.twitter.com/widgets/hub.1324331373.html The U.S. may start legal proceedings against Swiss financial firm Wegelin & Co. based on beliefs that it helped shield Americans from taxes. (Reuters) The EPA may send fresh water to…
