A lawsuit alleges that Toyota Motor (NYSE: TM) secretly bought problem cars. (Reuters) Microsoft (NASDAQ: MSFT) earnings were better than expected. (Reuters) The AIA IPO moved up 17% on the Hong Kong…
VW and Toyota (NYSE: TM) have competition from a US car company again–Ford. Ford Motor Company (NYSE: F) Q net income of $1.7 billion, $.43 cents per share, a $690 million improvement…
Nissan’s flagship brand is Infiniti which competes with BMW, Mercedes, the Lexus brand of Toyota (NYSE: TM), and the Acura brand of Honda (NYSE: HMC). The Cadillac brand of GM needs to…
The Transportation Department probably keeps statistics on car recalls which date back to the Model T. It does not matter much since problem cars are recalled for an infinite number of reasons…
Douglas A. McIntyre Reuters: Geithner said the major currencies are “in alignment” but need negotiations to make sure their status remains that way. Reuters: Toyota (NYSE: TM) will fix 1.52 million Avalons. Reuters:…
WSJ: Private equity interests and AOL (NYSE: AOL) may make a bid for Yahoo! (NASDAQ: YHOO). Reuters: RealtyTrac said the number of homes taken by foreclosure topped 100,000 for the first time…
S&P gave GM a corporate rating of “BB-,” which put it well into “junk” territory. However, the credit agency was optimistic about some of the No.1 American car company’s prospects. GM made…
Reuters: The federal government will supply states with $1.5 billion in funds for small businesses. Reuters: Financial leaders around the world have begun to work to stop a currency war. Reuters: Japan…
Reuters: George Soros says Germany has a deflation problem. Reuters: China helped keep the yuan’s value low by giving aid to Greece. Reuters: China ignored EU comments about the yuan. Reuters: Congress…
Reuters: Bank of Japan moved rates to zero Reuters: September retail sales were probably up due to promotions. Reuters: Obama said the fiscal situation was untenable. Reuters: Twitter appointed a new CEO.…
Gasoline-powered cars run on gas. It is as simple as that. Regular or high-grade–which depends on the motor. The theory behind the creation of non-gas-powered cars, or partially gas powered cars is…
Toyota Motor (NYSE: TM) will launch six new hybrids over the next two years to sit in showrooms with its highly popular Prius. Hybrid sales are modest, making up 15,444 vehicles of…
Douglas A. McIntyre Reuters: American International Group (NYSE: AIG) is at work on a plan to repay its government aid. Reuters: The yen hit a new 15-year high. Reuters: Microsoft’s (NASDAQ: MSFT) new Halo game…
It may turn out that China is not the Holy Grail for multinational car companies that they believed it would be. The world’s largest car market was supposed to offer the opportunity…
Reuters: China has approached a Canadian fund about a rival bid for Potash (NYSE: POT) Reuters: The cost of Gulf clean-up hit $8 billion. Reuters: China said that its $2.45 trillion currency…
