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…
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…
Hackers attacked the CIA website. (Reuters) Citigroup (NYSE: C) said data on 360,000 customers was stolen nearly a month ago. (Reuters) Greek debt and concerns about economic slowdown hurt stock prices worldwide.…
Vice President Joe Biden spent much of last weekend speaking about the value of the federal government bailout of Detroit. Treasury Secretary Timothy Geithner and President Barack Obama have made similar comments.…
Korean car companies sold 109,000 units in May, according to car research firm Edmunds. That would put the sales of Kia and stablemate Hyundai ahead of Japan’s Honda (NYSE: HMC) and Nissan.…
Unit Sales Forecast Manufacturer May 2011 Forecast % Change vs. April 2011 % Change vs. May 2010 Chrysler 110,132 -5.3% 5.1% Ford 188,280 -0.5% -1.9% GM 225,394 -3.1% 1.5% Honda 92,889 -25.6%…
First Trust has launched yet another global ETF, this one being based upon the NASDAQ OMX Global Auto Index. It doesn’t take a rocket scientist to get what it invests in. This is…
VW has stated that it cannot overtake GM (NYSE: GM) and Toyota (NYSE: TM) as the world’s No.1 car company without a large expansion of its US sales. The German company should…
Alternative energy news today ponders electric vehicles and the batteries that power them, takes a look at solar installation in India and the risks still involved with solar plants generally, and closes…
Jon OggThese are the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Monday morning. Anadarko Petroleum Corp. (NYSE: APC) Reiterated Hold at Argus. Carefusion Corporation (NYSE: CFN) Cut…
Moody’s may rob Toyota Motor (NYSE: TM) of its Aa2 rating which would in theory make it more expensive for the world’s largest auto manufacturer to raise money. In its comments about…
Republicans plan to cut $6 trillion from the budget over the next decade (Reuters) Google (NASDAQ: GOOG) may be investigated by the FTC (Bloomberg) The FAA will begin inspection of most older…
Toyota Motor (NYSE: TM) will raise prices on some of its cars and light trucks by 2.2% in May. It is a risk worth taking if sales of all vehicles in the…
Consumer morale and home prices dropped sharply according to two surveys (Reuters) Gold and oil rose on concerns about Libya and the movement in equities (Reuters) The new chief of Twitter wants…
