5:36am ET
Technology
Intel (INTC) Starts A Car Repair Company
Hand it to Andrew Grove, the former CEO of Intel (INTC). He wrote a book about how paranoid he is and why that kept his company ahead of the competition. It turns…
TM Coverage Page 118
8:01pm ET
Cars and Drivers
Toyota (TM) Cuts Deeper In North America
While the US car companies struggle to survive and GM (GM) and Chrysler say they may not make it until the end of the year, even mightly Toyota is bleeding. The Japanese…
5:37am ET
Cars and Drivers
Detroit’s Unusually Fuzzy Logic (GM)(TM)(F)
The Big Three restructuring plans submitted to Congress make good bedtime reading. The programs are full of assumptions which, taken as a whole, indicate that the entire US car industry will be…
4:04pm ET
Cars and Drivers
GM’s (GM) Silly Turnaround Plan
GM (GM) distributed its turnaround plan to Congress. It was almost exactly what the market expected, but it fudges one key issue, which is what happens to the company’s finances if it…
5:13am ET
Cars and Drivers
Memo To Congress: Toyota (TM) Already Won
A lot of fat, pork-barreling Congressmen who are supposed to vote on an auto bailout just want to go home for the holidays. Many of them are out of work. They were…
3:51am ET
Media
Media Digest 12/2/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, JP Morgan (JPM), Bank of America (BAC), and Merrill Lynch (MER) will cut a total of almost 20,000 jobs. Reuters reports that Boeing (BA) will sign a new deal…
5:29pm ET
Cars and Drivers
A Century Of Cars: Does Detroit Deserve A Bailout?
Near the Detroit Metropolitan Airport, visible from several major highways, is a four-story tall replica of a Uniroyal tire. It was built for the 1964 World’s Fair in New York and was…
3:23pm ET
Cars and Drivers
GM (GM) And Ford (F): What Bailout?
Are the markets still unstable? Are they subject to sharp moves on a rumor or a whim? Ford (F) and GM (GM) are both up about 30% today. The reason is astonishingly…
6:30am ET
Cars and Drivers
When Toyota (TM) Has A Rating Cut, The Auto Business Really In Trouble
Detroit is in real trouble. There has been some hope that the really healthy Japanese and European car companies could hold on to their credit ratings. Toyota (TM) has a bullet proof…
5:14pm ET
Cars and Drivers
Good News For Detroit: An Interview With Edmunds.com
24/7 Wall St. interviewed Jesse Toprak, Executive Director of Industry Analysis at Edmunds.com. One of the largest issues looking at November domestic vehicle sales is whether bankruptcy rumors are pushing buyers away…
3:52am ET
Media
Media Digest 11/20/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, Japan exports hit their lowest level since 2002. Reuters writes that hopes for an auto bailout in this session of Congress are poor. Reuters reports that the US is…
6:09am ET
Cars and Drivers
Car Company Bailouts Move To China, Japan And Europe Next
A car industry bailout may save GM (GM), Ford (F), and Chrysler for a few months, but it is likely to set a painful precedent for governments in Asia and Europe. If…
3:57am ET
Media
Media Digest 11/19/2008 Reuters, WSJ, New York Times, FT, Bloomberg.
According to Reuters, Toyota (TM) cut production and Nissan was downbeat about its prospects. Reuters reports that if a new CEO at Yahoo! (YHOO) wants to be well-regarded by shareholders, he or…
5:30am ET
Cars and Drivers
Auctioning Detroit To The Japanese And Germans (TM)(GM)(F)(HMC)
When it comes to the trouble with the US car industry and a potential government bailout, the first and most important consideration is that no one is at fault. The dog ate…
3:50am ET
Media
Media Digest 11/17/2008 Reuters, WSJ, New York Times, FT, Bloomberg.
According to Reuters, Japan has fallen into a recession. Reuters writes that the top seven executives at Goldman Sachs (GS) will take no bonuses. Reuters reports that a poll showed that many…