1:23pm ET
Cars and Drivers
US Auto Sales Coming With Free Rope (GM, F, TM, HMC)
On Tuesday, it won’t just be the first day of the month nor just the first day of the quarter. It is yet another reporting day for new car and truck sales…
HMC Coverage Page 56
2:31am ET
Investing
Asia Market 6/26/2008 (CN)(PTR)(HMC)
Markets in Asia were mixed. The Nikkei fell a fraction to 13,822. Honda (HMC) fell 2.1% to 3750. KDDI fell 2% to 655000. The Hang Seng fell .3% to 22,573, China Netcom…
Douglas A. McIntyre 4:43am ET
Cars and Drivers
Detroit Ostrich Farm: GM (GM) Cuts Back SUV Design
Elvis has left the building but that does not seem to matter to GM. The company is cutting back on new designs for future SUVs, the same SUVs that no one will…
2:52am ET
Media
Media Digest 6/17/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
Accoriding to MarketWatch, Belgian newspaper De Standaard reports that Warren Buffett support a takeover of Anheuser-Busch (BUD) by InBev. According to Reuters, economists think the PPI will rise 1%. Reuters writes that…
5:53am ET
Cars and Drivers
Same Headline, Wrong Tactic, Again: Ford (F) To Cut Costs
Ford (F) is making the rounds of its employees and unions to tell them that the company will have to take out more costs. According to The Wall Street Journal, the word…
5:13am ET
Cars and Drivers
Ford (F) Asks Uncle Sam To Build An Electric Car
Ford (F) wants the Feds to help it build and market an electric car. The vehicle manufacturer argues that if Congress does not give incentives to citizens who want to buy the…
2:27am ET
Investing
Asia Markets 6/13/2008 (HMC)(NTT)(CHL)(PTR)
Markets in Asia were mixed. The Nikkei was up .6% to 13.974. Honda (HMC) was up 3.2% to 3840. NTT (NTT) was off 2.2% to 487000. The Hang Seng was down .9%…
Douglas A. McIntyre 5:17am ET
Cars and Drivers
GM (GM) Runs Out Of Ground
Investors figure the only way that GM (GM) makes it out of its current troubles is that its overseas operations make money to offset trouble in the US. In the domestic market,…
4:56am ET
Cars and Drivers
Useless News Of The Day: Ford (F) And GM (GM) Do Well In JD Power Quality Survey
Everyone in the car industry waits for the once-a-year JD Power Initial Quality Study to come out. The poll looks at how many defects a car has in the first 90 days…
2:31am ET
Investing
Asia Markets 6/4/2008 (HMC)(TM)(LFC)
Markets in Asia were mixed. The Nikkei rose 1.6% to 14,436. Honda (HMC) rose 8.6% to 3790. Nissan rose 5.3% to 974. Toyota (TM) rose 3.2% to 5,570. The Hang Seng was…
1:23pm ET
Cars and Drivers
GM (GM) Sales Go To Hell
GM (GM) reported a 28% drop in May domestic sales to 268,892 cars and trucks from 371,056 a year ago. Cars dropped 14% while trucks fell 37%. GM blamed strikes, including the…
2:25am ET
Investing
Asia Market 6/3/2008 (HMC)(LFC)(CN)(SNP)
Markets in Asia were mostly lower. The Nikkei fell 1.6% to 14,209. Canon fell 2.3% to 5660. Honda (HMC) fell 3.3% to 3490. The Hang Seng dropped 1.8% to 24,374. China Life…
Douglas A. McIntyre 4:43am ET
Cars and Drivers
GM (GM): Custer’s Last Stand
It is not 1876, and GM (GM) CEO Rick Wagoner does not have long blond hair. But, Mr. Wagoner is in mortal trouble and there may not be much he can do…
2:30am ET
Investing
Asia Markets 5/27/2008 (HMC)(PTR)
Markets in Asia were mostly higher. The Nikkei was up 1.5% to 13,893. Honda (HMC) was up 2.2% to 3300. KDDI was up 2.7% to 690000. The Hang Seng rose 1.2% to…
Douglas A. McIntyre 2:57am ET
Media
Media Digest 5/26/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, Asian economy’s may be severely damaged by rising oil and commodities prices. Reuters writtes that European Central Bank head Jean-Claude Trichet say that the markets are going through an…