The G20 has begun work to lower chances of a food crisis (Reuters) China is likely to tighten again (Reuters) Oil stayed above $89 due to a shutdown of the Alaska pipeline…
China displaced the US in 2009 as the world’s largest car market, and the number of Chinese auto buyers went up in 2010. Chinese buyers purchased 13.6 million vehicles in 2009 and…
GM (NYSE: GM) has offered buyouts to 3,000 workers at 14 of its plants. Most of these employees have special skills beyond assembly work. Many are electricians and welders. The more seasoned…
Toyota Motor (NYSE: TM), its brand besieged in the US and elsewhere due to recalls, has one bright spot in the US. The company’s luxury brand, Lexus, was the No.1 selling high-end…
At the annual United Nations sessions on climate issues in Cancun, US energy secretary Steven Chu predicted that electric vehicles powered by batteries will be able to compete more effectively with petroleum-burning…
German automaker Volkswagen AG (OTC: VLKAY) doesn’t exactly say that it wants to be the world’s largest carmaker. Instead it says that it plans “to make Volkswagen the world’s most future-proof automotive…
Dell’s (NASDAQ: DELL) margins rushed past expectations and shares moved higher (Reuters) Bernanke said a strong US recovery is essential to global economic health (Reuters) Lawmakers attacked regulators and banks on the…
The GM IPO will be the largest eve.r (Reuters) Regulators indicated banks may face large write-offs on mortgages. (Reuters) Demand for the Chevy Volt has risen quickly. (Reuters) Toyota (NYSE: TM) expected…
The new performance scorecard from Truecar.com which it describes as how it “measures the overall performance of a brand or manufacturer based on pricing, sales, incentives, customer loyalty, market share, and inventory…
GM has increased the price per share of its IPO from about $26 to nearly $33 and ratcheted up the number of shares it will offer by 30% to 478 million shares,…
BHP Billiton (NYSE: BHP) abandoned its bid for Potah (NYSE: POT) and said it would begin a $4.2 billion buyback. (Reuters) SAIC has agreed to take a stake in the GM IPO.…
Chrysler still bleeds money based on its third quarter earnings release. The numbers stand in contrast to recent profits reported by GM, Ford Motor (NYSE: F), and Toyota (NYSE: TM). The figures…
Toyota Motor (NYSE: TM) announced its earnings for the quarter that ended September 30, and they were impressive. The company damaged its reputation due to millions of recalls and the recent value…
The Federal Reserve may allow some of the nation’s strongest banks to raise their dividends. (Reuters) The S&P and DJIA hit 2 year highs. (Reuters) China attacked the US over its plans…
Car manufacturers will announce their domestic sales for October today. Analysts expect them to be good, although that is relative. The annual run rate of US vehicle sales will probably be below…
