Reuters: China took a hard position on the value of the yuan despite US pressure. Reuters: Google’s (GOOG) ad partners in China expressed concerns about its plans. Reuters: If banking laws change,…
The Toyota brand may be much more resilient than most experts would ever have imagined. That is bad new for its primary competitors in the US market–GM, Ford (F), Chrysler, Honda (HMC),…
Car recalls have become an epidemic with the sickest patient being Toyota (TM), which has recalled 8.5 million cars this year. GM, one of the car companies with a chance to benefit from…
The United States may be Toyota’s largest market, but the largest car market in the world is China. After a grilling by Congress and meeting with the Transportation Secretary and employees meant to…
Toyota’s (TM) sales in the US market are supposed to fall and some of its large rivals like Ford (F) and Honda (HMC) are supposed to benefit from customers who will no longer…
Hyundai has recalled 47,000 of its Sonata sedans to fix door lock problems. It does so in an environment in which American consumers are becoming more and more suspicious of the auto industry.…
Consumer Reports released its study of the best vehicles sold in the US. Honda (HMC) finished in first place, Subaru in second, and Toyota (TM) in third. The firm said that it suspended…
Markets in Asia were mixed. The Nikkei fell .5% to 10,352. Toyota (NYSE:TM) and Honda (NYSE:HMC). The Hang Seng rose 1.1% to 20,600. The Shanghai Composite dropped .7% to 2,983. At the…
Toyota (TM) may be in trouble now for its recalls, but over the last ten years, its record of complaints to the National Highway Traffic Safety Administration has been remarkably low. Edmunds…
Reuters: Honda (NYSE:HMC) expanded its recall by 440,000 as more Toyota (NYSE:TM) models were probed. Reuters: ArcelorMittal sees a slow improvement in steel production in Q1. Reuters: IMF aid for Greece may…
Markets in Asia were higher. The Nikkei rose .3% to 9,964. Recall news pushed Honda (NYSE:HMC) down but Toyota (NYSE:TM) rose. The Hang Seng rose .7% to 19,922. China Life (NYSE:LFC) rose. The…
Japan has two large car companies known throughout the world for quality, workmanship, value, and fuel efficiency. Each took several decades to establish its brand in the US. Each burnished its brand by…
Toyota (TM) has recalled over seven million cars worldwide which includes eight of it most popular vehicles. The company is also faced with investigations about trouble with brakes on its 2010 Prius hybrid. French carmaker…
Markets in Asia fell. The Nikkei was off .5% to 10,356. Toyota (NYSE:TM) fell and Honda (NYSE:SNE) gained. Sony (NYSE:SNE) announced a profit. The Hang Seng was off 1.8% to 20,342. The…
The bad news is just beginning for Toyota (TM). The eight million vehicles the company has recalled, the shut down production of eight of its most popular cars, and potential brake defects…
