Asia Markets 6/12/2008 (TM)(LFC)(SNP)(SNE)
Markets in Asia were down sharply. The Nikkei fell 2.1% to 13,889. NEC fell 4.5% to 547. Sony (SNE) fell 2.8% to 5130. Toyota (TM) fell 2.7% to 5400. The Hnag Seng…
Markets in Asia were down sharply. The Nikkei fell 2.1% to 13,889. NEC fell 4.5% to 547. Sony (SNE) fell 2.8% to 5130. Toyota (TM) fell 2.7% to 5400. The Hnag Seng…
Detroit may be falling behind the curve again. Toyota (TM) will begin to mass produce lithium ion-batteries in less than two years, making the chances that a working electric car will be…
According to Reuters, volume sales are now the key to success for Apple’s (AAPL) new iPhone. Reuters reports that the head of Merrill Lynch (MER) supports ongoing regulatory access to data from…
Most markets in Asia were down with Chinese market closed. The Nikkei was off 2.2% to 14,818. Canon was down 4.4% to 5450. Sony (SNE) was down 3.7% to 5280. Toyota (TM)…
There was nothing wrong with relying heavily on pick-ups and SUVs for the bulk of GM’s (GM) sales. That is what CEO Rick Wagoner told the FT. The fact that "light trucks…
Tautology has raised it ugly head in Detroit where car company executives insist that the more people they fire, the more productive they become. So they fire more people each month and…
Everyone in the car industry waits for the once-a-year JD Power Initial Quality Study to come out. The poll looks at how many defects a car has in the first 90 days…
Markets in Asia were mixed. The Nikkei rose 1.6% to 14,436. Honda (HMC) rose 8.6% to 3790. Nissan rose 5.3% to 974. Toyota (TM) rose 3.2% to 5,570. The Hang Seng was…
GM (GM) reported a 28% drop in May domestic sales to 268,892 cars and trucks from 371,056 a year ago. Cars dropped 14% while trucks fell 37%. GM blamed strikes, including the…
One of the most brilliant theories in business is that large companies are destroyed by more nimble competitors. Over time, the small companies become the large ones. The genius and capacity for…
According to Reuters, the head of Harris Bank said the company was not for sale. Reuters writes that Toyota (TM) will cut its sales forecasts for the US. Reuters reports that Nomura…
Markets in Asia were mostly higher The Nikkei rose .7% to 14,440. Sony (SNE) rose 4.6% to 5520. Toyota (TM) rose 1.9% to 5470. The Hang Seng was up 1.5% to 24,890.…
Markets in Asia were mixed. The Nikkei fell 1.3% to 13,709. Nippon Oil was down 4.6% to 752. Toyota (TM) was off 1.6% to 5020. The Hang Seng fell .3% to 24,216.…
According to Reuters, Asian economy’s may be severely damaged by rising oil and commodities prices. Reuters writtes that European Central Bank head Jean-Claude Trichet say that the markets are going through an…
Markets in Asia were off sharply The Nikkei fell 2.3% to 13,690;. Sony (NYSE:SNE) fell 2.6% to 2910 yen. Toyota (NYE:TM) fell 2.5% to 5010. Yahoo Japan rose 4.6% to 45850. The…