The European Central Bank bailout pledge helps companies in the region to borrow inexpensively. (Reuters) Samsung makes a profit of $7.3 billion but says the next quarter will be weaker. (Reuters) The…
In among the September car and light truck successes of Chrysler, Honda Motor Co. Ltd. (NYSE: HMC) and Toyota Motor Corp. (NYSE: TM), and the disappointing results of General Motors Co. (NYSE:…
Toyota (NYSE: TM), its U.S. sales damaged by recalls and an earthquake which hampered its production roared by in sales last month. Sales of the company, which was once No.2 in American market…
The board of Xstrata approves a merger with Glencore. (Reuters) A U.S. appeals court says a lower court should reexamine a ban of the Samsung Galaxy Tab 10.1, which was part of a patent win…
The Paris Auto Show had its usual large number of new model introductions, along with dozens and dozens of displays of cars and light trucks already on sale around the world. Products from Audi,…
Trey Thoelcke Paris Auto Show The Paris Auto Show had its usual large number of new model introductions, along with dozens and dozens of displays of cars and light trucks already on sale around the world.…
This week, electric car maker Tesla Motors cut its revenue forecast and announced it would be selling 5 million shares of stock to raise capital. Some are beginning to question the long-term…
Spain will cut its budget ahead of a possible request for aid. (Reuters) Bank of America Corp. (NYSE: BAC) tests systems that allow people to make payments via smartphone. (Reuters) Procter &…
In 2011, new car and light truck sales in the United States came in at about 13 million units sold. According to TrueCar.com, forecast sales for September put new light vehicle sales…
In rather a statement of the obvious, Volkswagen said today that market conditions in Europe had become noticeably tougher and that they likely would not get better in the near future. However,…
Google Inc. (NASDAQ: GOOG) begins to sell its Nexus 7 tablet in Japan, which puts it into competition with Sony Corp. (NYSE: SNE). (Reuters) Google’s shares trade at a record high. (Reuters)…
Admitting that it had overestimated both the market for all-electric vehicles (EVs) and the ability of battery makers to meet consumer requirements, Toyota Motor Corp. (NYSE: TM) announced this morning that it…
The management of one more car company says it expects huge sales improvements over the next few years. There is hardly a large manufacturer that has not forecast double-digit growth or better in roughly that…
Chinese companies cut costs for items like safety features to bring down production costs. (Reuters) Apple Inc. (NASDAQ: AAPL) sets a record with the sale of two million iPhones in 24 hours.…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Monday. Accenture PLC (NYSE: ACN) reiterated Buy with $74 target at Argus. AK…
