Cars and Drivers
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It has been clear for some time that GM’s (GM) sales in the US and Europe have been poor and…
According to Reuters, global stocks rose on possible rate cuts but the economic outlook is grim. Reuters reports that the…
In a sign that the car industry is alive and well, the market cap of VW passed Exxon (XOM) to…
According to Reuters, GM (GM) and Chrysler have asked the government for $10 billion to close their merger. Reuters reports…
According to Reuters, the Korean central bank made record rate cuts. Reuters reports that the G7 said the rising yen…
Porsche is not a very big car company, but it has had some special rights to buy a significant amount…
There is an “official” government bailout number. That is the $700 billion Congress gave to Henry Paulson to hand out…
According to Reuters, Greenspan said he was shocked by the credit meltdown. Reuters reports that the value of Bear Stearns…
According to Reuters, former Citigroup (C) CEO Sandy Weill may start a fund to invest in distressed financial companies. Reuters…
GM (GM) may not be able to come up for the money to marry Chrysler. The deal could involve firing…
According to Reuters, Japan markets were higher on a broad government bailout plan. Reuters reports that Merrill Lynch (MER) will…
There is an arcane rule in the Federal Reserve charter that allows it to provide funding to organizations outside the…
According to Reuters, a number of retailers are cutting back holiday hiring as they anticipate lower sales. Reuters reports that…
Founded during The Great Depression, the UAW is now more than seventy years old. Henry Ford once supposedly said that…
Toyota is not supposed to have to give out any incentives to sell its cars. They perform better than other…
Our top personal finance-related articles today. Your wallet will thank you later.