Cadillac’s Irreversible Slide
When GM decided to close its Saturn and Pontiac brands it forgot to put a “do not resuscitate” sign on Cadillac. Cadillac is in trouble, and that trouble is likely to get…
When GM decided to close its Saturn and Pontiac brands it forgot to put a “do not resuscitate” sign on Cadillac. Cadillac is in trouble, and that trouble is likely to get…
Markets is Asia were mostly lower. The Nikkei dropped 6% to 10.297. Mitsubishi UFJ (NYSE:MTU) fell and Honda (NYSE:HMC) rose. The Hang Seng was down 1% to 22,098. China Mobile (NYSE:CHL) fell.…
There are a number of ways to rank brand values. One of the most important is the level at which a brand contributes to the market value of a public company. 24/7…
Markets in Asia were higher. The Nikkei rose 2.1% to 10,273. Sony (NYSE:SNE), Toyota (NYSE:TM), and Honda (NYSE:HMC) were all higher. The Hang Seng rose 1.1% to 22,125. HSBC (NYSE:HBC) was up.…
Most markets in Asia rose. The Nikkei was up .6% to 10,055. Honda (NYSE:HMC) gained. The Hang Seng was up 1.5% to 21,603. HSBC (NYSE:HBC) was up. The Shanghai Composite was higher…
GM’s sales may be taking a thrashing in its home market, but Chines sales for the No.1 US car company are getting good enough to trump the company’s trouble in America, or…
Chrysler is in deep trouble. It is deep enough that analysts and the media have questioned whether it has enough cash to make it through a turnaround, especially in a harsh auto…
Reuters: The retirement package for Ken Lewis of Bank of America (BAC) may be as high as $125 million. Reuters: US car sales plunged in September with Ford (F) up and GM…
Rumors, credible rumors, are beginning to circulate in the car industry and the automotive press, that Chrysler may not make it another year primarily due to its falling sales and growing financial losses…
The expected recovery of the American car business was supposed to be based on huge cost cuts at all three domestic companies and improved product lines based largely on a desire among…
Reuters: Ken Lewis will step down as CEO of Bank of America (BAC) Reuters: Cisco (CSCO) bought Tandbeg for $3 billion. Reuters: The IMF raised forecasts for US GDP but warned on…
Market in Asia were mixed The Nikkei was higher by .9% to 10,100. Honda (HMC) rose. The Hang Seng was up by 2.3% to 21,060. The Shanghai Composite dropped .3% to 2,755.…
Markets in Asia were markedly lower. The Nikkei dropped 2.5% to 10,010. Honda (HMC) fell sharply. The Hang Seng was off 1.5% to 20,697. China Unicom (CHU) and PetroChina (PTR) both fell.…
Update: Verizon (VZ) may consider buying DirecTV (WSJ) Update: The Apple (AAPL) iPhone will cost an extraordinarily high $303 in China but the monthly service fee will be as low as $18.45…
The employee bloodletting in the automotive industry is not confined to the US where hundreds of thousands of factory workers have lost their positions over the last decade. The largest car company…