According to Reuters, GM (GM) sees revenue in Latin America, Africa, and the Middle East growing by several billion a year for the next several years. Reuters writes that Toyota (TM) believes…
Senior management at Chrysler has told The Wall Street Journal that the company plans to "expand outside North America by licensing vehicle production, outsourcing manufacturing and building cars in joint ventures with…
GM (GM) CEO Rick Wagoner says that the big car company is OK despite the tough stock market and problems in the mortgage sector. According to Reuters, "GM’s exposure to the subprime…
Douglas A. McIntyre With the market down 300 point in a day and off more than 10% from its recent highs, Wall St. is looking at some of the most active stocks and scratching its…
Toyota (TM) says that its growth in the US will slow over the next several years. Toyota has 17% of the market, so that may have something to do with the law…
Last Friday, we wrote about defensive stock havens for a crummy stock market. We also warned that in true market selling extremes there is no such thing as a true haven, and…
Toyota (TM) is the hybrid company. The Prius is the hybrid car. The Japanese car company has used that reputation to build a hybrid business in the US that no domestic company…
According to Reuters, BNP Pariba suspending three funds due to sub-prime problems in their portfolios. Reuters writes the net income and sales rose at News Corp (NWS). Reuters reports that Wal-Mar (WMT)…
Ford’s (F) Alan Mulally told an industry conference that the company should be profitable again in 2009. At about the same moment, GM (GM) was saying the its was revising its 2007…
According to Reuters, Cisco (CSCO) announced quarter profits and a forecast that topped expectations. Reuters writes that Vodafone (VOD) will keeps its 45% of Verizon Wireless. The Wall Street Journal writes that…
Tom LaSorda, Chrysler’s CEO, was kicked out of the corner office today. Maladroit manager Robert Nardelli, who did his best to sink Home Deport (HD) while CEO there, gets the top job…
According to Reuters, auto sales in the US dropped in July and imports took more than 50% of the market for the first time as sales dropped shsrply at GM (GM) and…
GM’s (GM) US sales fell 22% during July to 320,935. Car sales fell 26% and light trucks were off by 19%. At about the same time that GM announced its results Ford…
The press and the business community clearly want large US car companies Ford (F) and GM (GM) to prevail in their struggles to reshape themselves as smaller, profitable companies. They are icons…
According To Reuters, News Corp (NWS) agreed to buy Dow Jones (DJ) for $5.6 billion Reuters reports Sanofi-Aventis profits were hit by cometition from generics. According to The Wall Street Journal, Bear…
