Reuters: Citigroup (NYSE:C) and Wells Fargo (NYSE:WFC) will pay back TARP funds. Reuters: Kraft (NYSE:KFT) says it will be disciplined in its Cadbury (NYSE:CBY) buyout effort. Reuters: Some of AIG’s (NYSE:AIG) top staff…
It is not entirely clear that consumers want plug-in electric cars, but that is not keeping Toyota (NYSE:TM) from marketing one, probably in two years. Hybrids are less expensive and get up…
Douglas A. McIntyre Markets in Asia were mixed. The Nikkei fell a fraction to 10,106. Toyota (NYSE:TM) and Mitisubishi UFJ (NYSE:MTU) fell The Hang Seng rose .8% to 22,078. The Shanghai Composite was up 1.7%…
JD Power’s Sales Satisfaction Index Study for 2009 has been published. The research firm questioned 48,000 people. American cars did well as they have for several years in the Powers Initial Quality…
Markets in Asia fell sharply. The Nikkei dropped 1.3% to 10,005. Honda (NYSE:HMC) and Toyota (NYSE:TM) fell. The Hang Seng was off 1.4% to 21,761. HSBC (NYSE:HBC) fell. The Shanghai Composite was…
J. D. Power and Associates released its new 2009 sales satisfaction index. The survey covers responses from 48,000 people and “is measured for five factors: dealership facility; salesperson; paperwork/finance process; delivery process; and vehicle…
Reuters: The Treasury says the TARP loss will be $200 billion less than expected. Reuters: Cadbury (NYSE:CBY) will respond to the Kraft (NYSE:KFT) offer on the 14th of December. Reuters: Five AIG…
The head of Toyota (NYSE:TM) recently said that a recall of four million cars with floor mat problems would not hurt company profits anywhere near as much as a surging yen and…
Markets in Asia were mixed. The Nikkei was up .4% to 10,023. Honda (NYSE:HMC) and Sony (NYSE:SNE) rose but Toyota (NYSE:TM) dropped. The Hang Seng fell .3% to 22,495. Sinopec (NYSE:SNP) fell.…
The big news about November car sales is that Chrysler continues to lose market share at a remarkable and unsustainable rate. Edmunds predicts that Chrysler sales will drop 35% from the same month…
The Japanese government is getting nervous, by most accounts of the financial media. The yen as hit a level where Japan’s big exporters may post large earnings losses this year in the…
Reuters: Saab’s failure to be bought shows that Chinese companies are having trouble moving into Western markets through M&A. Reuters: AIG (NYSE:AIG) and former CEO Greenberg settled legal issues between them. Reuters: …
Markets in Asia were higher. The Nikkei rose .4% to 9,442. Mitsubishi UFJ (NYSE:MTU) was down. Sony (NYSE:SNE), Toyota (NYSE:TM), and Honda (NYSE:HMC) rose. The Hang Seng was up .7% to 22,590.…
Car sales may slip over the next few months, but not every company will be affected equally. New research from ChangeWave shows that the bankruptcy and turmoil around GM and Chrysler is…
By Douglas A. McIntyre A new 2010 Chrysler with $4,000 cash back? Large incentive programs for new cars are usually set up to help dealers dump inventory they cannot sell or clear…