As Toyota And Honda Face More Strikes, Their Market Shares Are Threatened
At the depth of the recession when there was a falling market for new cars, strikes were almost welcome in the US and EU. Most car companies had so much inventory that…
At the depth of the recession when there was a falling market for new cars, strikes were almost welcome in the US and EU. Most car companies had so much inventory that…
Reuters:Â Â Auto dealers will not be subject to new financial regulations. Reuters:Â Â The FCC said AT&T Inc. (NYSE: T) could buy assets from Verizon Communications Inc. (NYSE: VZ). Reuters:Â Â Firm iFixit says…
Where will Honda Motors (NYSE: HMC) and Toyota Motor (NYSE: TM) go to build their cars and trucks now that Chinese workers striking for better wages? Even if those wages are double…
Reuters: The yuan rose after China’s flexibility announcement. Reuters:  The amount of the Gulf spill could be up to 100,000 barrels a day. Reuters:  The government has no easy way out if…
Toyota Motor (NYSE: TM) has been hit by labor strikes in China. The Toyoda Gosei Co. plant in the northern city of Tianjin is owned 42% by Toyota along with a local…
China’s Premier Wen Jiabao says that workers should be treated better. Jiabao’s comments come in light of a series of strikes at Honda Motor (NYSE: HMC) plants and supplier facilities. He should…
Reuters:  Credit agencies may not be badly damaged in the financial reform bill. Reuters:  Moody’s (NYSE: MCO) cut Greece’s rating to junk. Reuters:  The euro dropped on profit taking. Reuters:  Oil moved…
Reuters:  Obama’s leadership will be tested this week by his reaction to BP plc (NYSE: BP) spill. Reuters:  Jobs are critical to the housing recovery. Reuters:  China’s AgBank will attempt a $23…
Honda Motors (NYSE: HMC) is using good old-fashioned management tactics to overcome strikes that have shut some of its plants and related parts operations in China. The Japanese company agreed to improve…
Reuters:  The US is stepping up the pressure on BP plc (NYSE: BP) as the government doubles spill estimates. Reuters:  Geithner says US patience on the yuan is disappearing. Reuters:  China factory…
Reuters:Â Â Volcker is optimistic about a good financial reform bill. Reuters:Â Â BP plc (NYSE: BP) shares dropped on concerns about financial viability. Reuters:Â Â China exports rose, putting the yuan issue center stage.…
Reuters:  Bernanke said Europe is committed to keeping the euro as currency. Reuters:  Congress has begun the final stage of financial reform legislation. Reuters:  Apple Inc. (NASDAQ: AAPL) introduced the new iPhone.…
Pontiac is gone now. So is Saturn, and in effect Hummer. Ford Motor (NYSE: F) announced that it would fad out Mercury, a brand created by Henry Ford’s son Edsel. Car makers…
There have been an extraordinary number of suicides at Chinese electronics company Foxconn which does a great deal of work for Apple Inc. (NASDAQ: AAPL). Foxconn recently raised salaries by 30%n which may address…
MarketWatch:Â Â BP plc (NYSE: BP) opened down 12% after top kill failed. Reuters:Â Â American International Group (NYSE: AIG) turned down a deal from Prudential plc to cut the price of AIA. Reuters:Â Â …