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According to Reuters, Europe prepared rate cuts as the economy their worsened. Reuters reports that the administration cleared the way…
Markets in Asia fell sharply. The Nikkei dropped 6.5% to 8,899. Toyota (TM) fell on poor earnings. The Hang Seng…
It was no secret that US auto sales were going to be down the drain. Frankly, it is hard to…
According to Reuters, South Korea launched a major economic stimulus package. Reuters reports that nearly 1,800 publicly held institutions could…
American car companies hoped the day would never come. Data from October is expected to show the market shares of…
So much for the plan that GM (GM) would get loot from the Federal Reserve to buy Chrysler. Sources say…
According to Reuters, the economy contracted in the third quarter as consumer spending dropped sharply. Reuters writes that Fidelity Magellan…
It has only taken a week for the global auto business to rebound from one of its worst periods in…
In a sign that the car industry is alive and well, the market cap of VW passed Exxon (XOM) to…
Markets in Asia fell. The Nikkei dropped 6.4% to 7,163.Mitsubishi UFJ Financial fell on news it may need to raise…
Markets in Asia were sharply lower. The Nikkei dropped 9.6% to 7,649. Sony (SNE) fell after warning on earnings. Honda…
Founded during The Great Depression, the UAW is now more than seventy years old. Henry Ford once supposedly said that…
Toyota is not supposed to have to give out any incentives to sell its cars. They perform better than other…
According to Reuters, policy makers around the world are trying to deal with the fact that the economy is moving…
According to Reuters, economic attention has now turned to the recession. Reuters reports that a new survey shows that half…
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