Toyota And BMW Forecasts Surge
Toyota (NYSE: TM) is supposed to be a company in trouble. BMW, on the other hand, is the car industry’s darling. But both raised their sales forecasts for the balance of the…
Toyota (NYSE: TM) is supposed to be a company in trouble. BMW, on the other hand, is the car industry’s darling. But both raised their sales forecasts for the balance of the…
The House approved a debt-ceiling compromise (Reuters) Fake Ikea stores have been set up in China (Reuters) Central Falls, RI declared Chapter 9 (Reuters) Canalys says Google’s (NASDAQ: GOOG) Android has 50%…
Last week’s announcement on new corporate average fuel economy rules, known as CAFE, got a lot of coverage for its headline number of average fleet mileage of 54.5 miles/gallon by 2025. The…
GM (NYSE: GM) was supposed to be one of the largest beneficiaries of the recovery of the US car market. It had been through a bankruptcy with federal government aid which helped…
In the absence of an agreement on a new US debt ceiling, the US government will stop paying its bills on Tuesday, August 4th, and, just like the rest of us, when…
Chrysler is no longer an American-controlled company. Fiat bought the last stake owned by the U.S. government and now has 53% of the equity in the No.3 U.S. car firm. Taxpayers did…
Some of the best known publicly traded companies in the world have stocks that will never reach their all-time highs again. Many of them are not troubled firms. In a number of…
June domestic car sales were a disappointment. GM (NYSE: GM) and Ford’s (NYSE: F) results were particularly tepid. GM’s sales were up 10.6% to 215,335. That was below its 17.1% growth Ford’s sales…
Strauss-Kahn may be released because of fraudulent charges (NYT) Geithner may retire as Treasury Secretary (Reuters) The Fed Bullard said QE2 was similar to more rate cuts (Reuters) Lockheed Martin (NYSE: LMT)…
Odds that a Greek austerity bill will pass rose. (Reuters) Bank of America (NYSE: BAC) is near a deal to settle an MBS charge for $8.5 billion. (Reuters) A new Google (NASDAQ:…
Microsoft (NASDAQ: MSFT) will launch a cloud version of Office to compete with Google (NASDAQ: GOOG). (Reuters) Oil fell on Greek debt concerns. (Reuters) Sony (NYSE: SNE) said its protected content made…
Nissan said it plans to have 8% of the global market for light trucks and cars by the end of 2016. The Japanese manufacturer did not mention that every other global car…
J.D. Power released its initial quality auto survey for this year which is based on questions put to 78,000 motorists. The headline most of the media carried about was that the Ford…
Norway’s entry in the electric vehicle (EV) sweepstakes, Think (or sometimes, Th!nk) has filed for bankruptcy because the company has been unable to find long-term financing. The company, once owned by Ford…
Research In Motion (NASDAQ RIMM) shares were badly hurt due to weak earnings and an anemic forecast. (Reuters) Capital One will buy ING’s online unit for $9 billion. (Reuters) Oracle (NASDAQ: ORCL)…