August light vehicle sales in the US have to be good. The “clunkers” program produced almost 700,000 sales. The industry might as well enjoy it while its lasts. September and the rest…
August light vehicle sales in the US have to be good. The “clunkers” program produced almost 700,000 purchases. The industry might as well enjoy it while its lasts. September and the rest…
Well, it seems that despite the notion that ‘cash for clunkers’ was nothing more than a giveaway is perhaps only partly true. This was another giveaway and it may ultimately pull away…
Markets in Asia were mixed The Nikkei fell 1.5% to 10,238. Shares in Toyota (TM) and Honda (HMC) fell. The Hang Seng was down .9% to 20,253. The Shanghai Composite was up…
The New York Times got ahold of an early version of the 2009 new vehicle study done by The University of Michigan Customer Satisfaction Index. The paper reports that “in the rankings by…
Markets in Asia were mostly higher. The Nikkei rose .8% to 10.517. Honda (HMC) and Toyota (TM) both rose over 1%. The Hang Seng was up 2.1% to 20,864. The Shanghai Composite…
Markets in Asia rose modestly. The Nikkei was higher by .6% to 10,586. Honda (HMC) was flat after rising for several days. The Hang Seng was up by .1% to 20,591. The…
Douglas A. McIntyre GM’s July sales fell 19%, more than any of the other major car companies, to 188,156. The number is down so much that without the Pontiac and Saturn brands that it plans…
Ford’s (F) July sales rose 2.3% to to 165,279. SUV sales were weak, off 36%, so cars and crossovers had to make up for that. GM’s sales moved sharply in another direction.…
Nissan’s new Leaf car doesn’t use any gas and it does not produce any emissions. It is electric and it will be available in the US, Japan, and Europe next year. Nissan…
Markets in Asia were mixed. The Nikkei fell a fraction of a percent to 10,352. Toyota (TM) rose on Ford’s (F) strong July numbers. The Hang Seng rose .2% to 20,620. The…
Ford (F) made two audacious decisions recently, decisions made in an industry where audacity is a distant memory that died when Lee Iaccoca left the business. William Clay Ford, Jr., the company’s…
Most markets in Asia were up slightly. The Nikkei rose .5% to 10,165. Honda (HMC) rose on good results as did Sony (SNE). The Hang Seng was up .9% to 20,312. Lower…
The automotive industry has been one of the most troubled worldwide over the last two years. High gas prices and low consumer spending have conspired to kill off demand for cars and light…
Douglas A. McIntyre Reuters: China and the US vowed close ties to bring the economy out of recession. Reuters: Microsoft (MSFT) and Yahoo! (YHOO) are close to a search deal. Reuters: The Senate may drop…