Reuters: Toyota (NYSE:TM) returned to a profit. Reuters: The Fed will keep rates near zero for an extended period. Reuters: Cisco (NASDAQ:CSCO) beat forecasts. Reuters: Gold is near $1,100.
The three major car racing circuits–Formula One, NASCAR, and Indy Car–have built a multi-billion business. Formula 1 revenue, which includes sponsorships and broadcast fees, is estimated to be $3.9 billion, which is…
Reuters: Opel must now arrange for GM’s unexpected ownership Reuters: The Fed will probably keep its “easy money” program. Reuters: Toyota (NYSE:TM) will pull out of Formula 1 racing. Reuters: The IEA…
GM’s sales rose unexpectedly, by 4% in October to 177,603 cars and light trucks. Chevrolet retail sales were especially strong, up 31%. The No.1 US car company said fourth quarter production would…
Jerome York is a nasty piece of work and a financial genius who has been successful as a lieutenant to billionaire raider Kirk Kerkorian. York’s curriculum vita as a financial analyst is…
Reuters: The value of the yuan could cause a trade war between the US and China. Reuters: Executive pensions rose despite drops in stock prices. Reuters: Lloyds will make a large stock…
The UAW rank-and-file may have given Ford a little fit over the weekend by voting down a contract with the No.2 US car company. Monday dawned a better day as Ford may…
Consumer Reports came out with its annual new car reliability survey. The study is widely anticipated because it pre=”it “>is based on the opinions of 1.4 million people and because the Consumers Union…
Markets in Asia were mixed The Nikkei fel 1.4% to 10,075. Honda (NYSE:HMC) rose on good earnings and Toyota (NYSE:TM) and Sony (NYSE:SNE) are about to announce their results. The Hang Seng…
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…
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.…
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…
Toyota Motor Corp. (NYSE: TM) is not trading lower on a patent investigation in the United States. There is no way to know at this time just how broad the implications could…
Douglas A. McIntyre 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…
