It makes sense for a car rental company to offer drivers insurance. The car does belong to the rental company. The idea that an auto manufacturer would offer free insurance makes less…
Douglas A. McIntyre June domestic car sales were a disappointment. GM (NYSE: GM) and Ford’s (NYSE: F) results were particularly tepid. GM’s sales were up 10.6% to 215,335. That was below its 17.1% growth Ford’s sales…
Nissan said it plans to have 8% of the global market for light trucks and cars by the end of 2016. The Japanese manufacturer did not mention that every other global car…
We have some major changes announced by S&P for its three key indexes. Changes are in the S&P 500 Index, S&P Mid-Cap 400 Index, and in the S&P SMall Cap 600 Index.…
J.D. Power released its initial quality auto survey for this year which is based on questions put to 78,000 motorists. The headline most of the media carried about was that the Ford…
Norway’s entry in the electric vehicle (EV) sweepstakes, Think (or sometimes, Th!nk) has filed for bankruptcy because the company has been unable to find long-term financing. The company, once owned by Ford…
Gannett will layoff 700 people which caused a torrent of negative press coverage Carnival and GM were both victims of concern about oil price changes. The Flame Index started as a research…
Nokia24/7 Wall St. has created a new list of brands that will disappear, which includes Sears (NASDAQ:SHLD), Sony Pictures (NYSE:SNE), American Apparel (NYSE:APP), Nokia (NYSE:NOK), Saab, A&W All-American Foods Restaurants, Soap Opera…
Euro-zone financial ministers said they would delay a new installment payment to Greece until it was clear that the nation had adopted new austerity measures. (Reuters) ICANN, the global domain name company,…
Hackers broke into Senate computers. (Reuters) Chinese inflation hit a 34-month high last month. (Reuters) A slow economy could affect debt talks between the Republicans and Democrats. (Reuters) Oil moved higher on…
Hilary Clinton may become the head of the World Bank. (Reuters) Toyota (NYSE: TM) said it expects profits to fall by 35% due to the effects of the earthquake. (Reuters) PIMCO’s Bill…
Updated throughout the day. GM (NYSE: GM) may sell its European Opel operations (Reuters) Nokia (NYSE: NOK) will be bought by Samsung (various) Securities regulators are reviewing transactions between Goldman Sachs Group…
Every state posted GDP growth between 2000 and 2010, according to the latest U.S Department of Commerce data, which was released earlier this week. The growth rates, however, were very wide. Michigan’s…
The acting head of the IMF said that the US does not need stimulus because exports and disposable income will lift GDP. (Reuters) Facebook’s facial recognition technology is increasing worries about privacy.…
Ford Motor Co. (NYSE: F) is set to meet with the financial community on Tuesday and its chart is at a critical juncture. As far as the news and company, Ford is…
