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…
It could easily be argued that almost every major country in the world, with the possible exception of China, lost control over their economies in 2008 and 2009. Some experts would say…
Reuters: Dell (NASDAQ: DELL) is expected to stop bidding for 3Par (NYSE: PAR). Reuters: BHP Billiton ((NYSE: BHP) says it will not divest Potash (NYSE: POT) divisions. Reuters: Consumer spending rose slightly…
Car sales will probably slow in August as the economy begins to sputter and people wait to see more of the models which will be launched for the 2011 model year. The…
Toyota Motor (NYSE: TM) probably recalled as many cars in 2010 as the company has made since it was founded. Today, Toyota added to that list–if that is possible. The Japan-based company…
Douglas A. McIntyre Toyota Motor Corp. (NYSE: TM), whose already bruised reputation suffered another blow yesterday following yet another media report about a government safety investigation, does have plenty of friends in Mississippi. That’s where…
Douglas A. McIntyre Chrysler’s prospects for 2010 seemed so promising. The company’s management, captained by Fiat chief Sergio Marchionne, was optimistic about the year as the No.3 US car firm shaved its loss in the…
Japan’s Nikkei hit a 15-month low and traded below the 9,000 level. The yen reached a 15-month high against the dollar at 84.24. Japan Finance Minister reacted by saying that the yen’s…
It has been decades since US car companies and their products were viewed as superior to their foreign counterparts, particularly those made by Japanese automakers. Positive ratings of the automobile industry spiked…
Bloomberg recently pointed out that Honda Motor (NYSE: HMC) has a profit advantage over many of its Japanese manufacturing peers because it decided to build products in the United States more than…