Can GM Survive Without The US Market?
GM recently made a number of optimistic comments about its future. These centered on its success in emerging markets such as China and its belief that it can keep 18% of the…
GM recently made a number of optimistic comments about its future. These centered on its success in emerging markets such as China and its belief that it can keep 18% of the…
Once a year, Interbrand publishes a list of the “Best Global Brands”. The 2008 list was released last September. The next list will probably be out in about two months. The change…
Reuters: Microsoft (MSFT) is putting more R&D in India. Reuters: CIT (CIT) confirmed that it rasied $3 billion. Reuters: Bernanke said Fed can control inflation. Reuters: California lawmakers agreed to a state…
It is not enough that two-thirds of The Big Three have gone through bankruptcy and that GM is controlled by the Treasury Department. Detroit has to contend with the more adroit and…
Markets in Asia were modestly higher. The Nikkei rose .6% to 9,355. Toyota (TM) moved up slightly. The Hang Send rose .7% to 18,681. HSBC (HBC) was up sharply. The Shanghai Composite…
Markets in Asia were mixed. The Nikkei was up .8% to 9,344. Toyota (TM) rose sharply. The Hang Seng was up 1.3% to 1,6487. The Shanghai Composite fell .2% to 3,184. At…
The San Francisco Chronicle recently wrote that only $9.4 billion of the $50 billion earmarked for the state has made it to the treasury. California has to wait for the rest during…
The “best” parts of GM were transferred to a newly created company, owned almost two-thirds by taxpayers, at about 6.30 AM today. The federal government will end up stuffing a total of…
Reuters: The promise of mobile TV is being destroyed by smartphone use of software applications. Reuters: More attacks on websites in the West are expected and North Korea is suspected. Reuters: China…
Markets in Asia fell. The Nikkei dropped 2.4% to 9,421. Toyota (TM) fell on concerns about the economy. The Hange Seng dropped. .7% to 17,734. PetroChina (PTR) fell on dropping oil prices.…
Media in Japan recently reported that Toyota (TM) will begin to produce its new plug-in hybrid in 2012. Toyota will be using lithium-ion batteries which it can produce efficiently in a joint…
Markets in Asia were mixed. The Nikkei was off .3% to 9,648. Toyota (TM) declined. The Hang Seng was down .1% to 17,959. China Unicom (CHU) rose on rumors that it would…
GM’s most valuable assets have finally been sold to a company controlled by the federal government. A judge approved the transaction early today. The “new GM” should be out of bankruptcy court…
Ford’s (F) June sales were down “only” 11% to 154,873. That means, based on drops in volume at other large manufacturers, that Ford picked up market share during the month. Ford Fusion…
Hyundai has been gaining auto market share in the US. The Korean firm sold almost 37,000 light vehicles in America last month. Its success is moving it to a level where it…