Have you tried going into a Toyota dealership to buy a new or used Toyota Prius over the last 12 to 18 months? If you said yes, then you know you can’t…
Douglas A. McIntyre Markets in Asia were The Nikkei fell .5% to 12,957. Canon was down 1% to 5160.Toyota (TM) dropped 1.6 to 4880. The Hang Seng slipping 1.6. Data from Reuters Douglas A. McIntyre
Douglas A. McIntyre According to Reuters, JP Morgan (JPM) lost $1.5 billion in July. Reuters writes the UBS (UBS) posted a huge loss and will split itself into a wealth management operation and an investmen…
It is a Category 5 irony that Toyota (TM) may be faced with exporting cars it makes in the US to other countries. It initially conquered the small car market in the…
According to Reuters, Freddie Mac (FRE) now has a negative net worth which means some investors think it should trade close to zero. Reuters writes that AIG (AIG) posted a huge loss…
According to Reuters, a new tally of votes for the Yahoo! (YHOO) board election shows a high percentage of protest votes. Reuters reports that the Fed held rates steady and indicated it…
Nice guys finish last. Ford (F) is a fine example. After being the No.2 car company in the US fro decades, it will probably moving into the No. 4 spot behind Honda…
The plague of falling US vehicle sales is reaching the earnings of big car companies abroad. BMW "reported second-quarter earnings that trailed analysts’ estimates and abandoned its profit forecast on falling U.S.…
According to Reuters, Merrill Lynch (MER) said that it would sell $8.5 billion in stock and take large write-downs. Reuters report that KKR says the market slump is a good time to…
Markets in Asia were off sharply. The Nikkei fell 1.6% to 13,141. Ricoh was off 3.5% to 1697. Sony (SNE) was off 3.2% to 3210. Toyota (TM) was off 2.6% to 4750.…
GM (GM) does well in China, but based on the company’s dire situation in North America, it is going to have to do a lot better in the world’s most populated country…
According to Reuters, Amazon (AMZN) earnings beat Wall St. forecasts. Reuters reports that Ford (F) wil keep its small pick-up plant open for two years.
Toyota (TM) made a cut in its forecast for car sales during its fiscal year. It was an extremely modest cut, given the troubles in the global car market, especially the US.…
Douglas A. McIntyre Markets in Asia were mostly higher. The Nikkei rose 1% to 13,313. NEC was up 2.8% to 585. NTT (NTT) was down 3.1% to 497000. Toyota (TM) was down .9% to 4870.…
Douglas A. McIntyre Ford (F) and GM (GM) are each announcing new plans to save themselves from the earnings garbage bin and give their shareholders some needed hope. It is awfully late to get started.