Toyota (NYSE: TM), as expected, released it Prius c, which the company says gets 53-miles per gallon in city driving. The release was done at the Detroit Auto Show. The car will…
Douglas A. McIntyre It is impossible for every company in an industry to gain market share. Yet, almost all of the large car manufacturing executives say that in 2012 they will beat their competition in…
VW would like to catch GM (NYSE: GM) and Toyota (NYSE: TM) has the largest car company in the world. It still has quite a way to go. It sold 5.1 million…
Former Olympus CEO Michael Woodford will sue the troubled company for wrongful dismissal. (Reuters) The International Monetary Fund’s Lagarde says 2012 will not see the end of the euro. (Reuters) MF Global’s trustee…
Several media have reported that BMW has pushed ahead of competitors Mercedes and the Toyota (NYSE: TM) luxury brands to take the No. 1 spot in American sales for 2011. The Germany…
Blackstone (NYSE: BX) will complete the capital raise for its $16 billion fund. (Reuters) The EU agrees to an embargo on Iranian oil. (Reuters) Citing defense cuts, Boeing (NYSE: BA) closes it…
Sales of Toyota (NYSE: TM) cars and light trucks rose only 4% in China last year to 833,000 The largest Japanese car company faced two hurdles in the People’s Republic. The first is…
Markets opened lower today and stayed in negative territory until mid-afternoon. Car makers reported December sales throughout the day, with Ford Motor Co. (NYSE: F) and General Motors Co. (NYSE: GM) both…
Bill Gross’s PIMCO Total Return Fund has $1.4 billion in outflows in December, according to Morningstar. (Reuters) MF Global sold some assets to Goldman Sachs (NYSE: GS) before its collapsed. (Reuters) As…
Chrysler was supposed to stumble out of Chapter 11. The recovery of General Motors (NYSE: GM) was remarkable. Ford’s (NYSE: F) success was based on its ability to introduce new products quickly because…
The PMI of the eurozone contracted in December. Official numbers from research firm Markit showed a figure of 46.9 for the final month of the year. A number of 50 marks the line between…
http://platform.twitter.com/widgets/hub.1324331373.html Hyundai and Kia have been the fast growing auto brands for two years now. They offer affordable quality much as Toyota (NYSE: TM) and Honda (NYSE: HMC) have for the last…
US automaker Ford Motor Co. (NYSE: F) will sell more than 2 million vehicles in the US in 2011, the first time since 2007 that any car maker has sold that many…
Truecar, a research firm, expects December auto sales to be the best of any month this year. If so, it would be another confirmation that the American consumer has returned to the…
New car sales in the US for December are forecast to rise 8.1%, including fleet sales, to an annual seasonally adjusted sales rate of 13.5 million new vehicles. The annualized sales rate…
