Honda Motor Co. (NYSE: HMC) President Takanobu Ito plans to capitalize on the global shift toward smaller cars that offer advanced technology to reduce both petroleum consumption and carbon dioxide emissions. Ito…
There has not been much news about the recalls of Toyota Motor (NYSE: TM) cars and trucks recently. The largest of these happened in the winter and involved more than 8 million…
Douglas A. McIntyre WSJ: Nokia (NYSE: NOK) will begin the search for a new CEO. Reuters: BP plc (NYSE: BP) will continue its work on the leaking well and said seepage had nothing to do…
There hasn’t been an official announcement yet, but it seems that Honda Motor Co. (NYSE: HMC) will stop building its gasoline-powered Civic for the domestic Japanese market. The company will also stop…
Public companies dismiss CEOs all the time. The firings can be due to incompetence, malfeasance, or tensions with boards of directors or founders. 24/7 Wall St. has chosen nine sitting CEOs who should…
Sales of new cars in Europe, as measured by new car registrations, dropped in June for the third consecutive month. The slide is attributed to the end of what the Europeans call…
Reuters: BP plc (NYSE: BP) has begun to run an important test on its well cap. Reuters: China’s economy expanded at 11.1% in 1H but closed in Q2. Reuters: GlaxoSmithKline (NYSE: GSK)…
Reuters: The financial reform bill should pass within days. Reuters: Intel (NYSE: INTC) posted stronger than expected earnings. Reuters: Toyota Motor (NYSE: TM) blamed driver error for some problems with recalled cars.…
Toyota Motor (NYSE: TM), a company in the midst of saving its own image and financial health, will extend a lifeline to a small and struggling car company–Tesla NASDAQ: TSLA), which recently…
Reuters: Profit surprises are likely for companies linked to the oil spill. Reuters: Lawsuits against Apple Inc. (NASDAQ: AAPL) and AT&T (NYSE: T) over service were certified as class actions. Reuters: BP…
China’s car sales increases slowed very sharply in June, up only 10% compared to the same month last year, according to the China Automotive Technology & Research Center. The news comes four…
Updated throughout the day. The Toyota (NYSE: TM) recalls of 270,000 cars will cost $228 million. (Reuters) Sanofi-Aventis SA is considering large acquisitions in the US (Bloomberg) Lionsgate has set a poison…
Douglas A. McIntyre China is now the largest car market in the world, having moved ahead of the US last year. Most analysts believe that 16 million cars and light trucks will be sold in…
GE (NYSE: GE) CEO Jeff Immelt, speaking at a business gathering in Italy savaged China and President Obama. In an unusual move, GE said that Immelt’s comments did not reflect the views…
Reuters: The House passed the financial reform bill leaving the Senate to act Reuters: Work on the BP plc (NYSE: B) oil spill will be delayed because of Hurricane Alex. Reuters: China’s…