Reuters: Goldmand Sachs Group, Inc (NYSE: GS) are standing behind the company. Reuters: Chinas said the chances of the yuan rising are more likely. Reuters: Toyota Motor (NYSE: TM) is expect to…
Consumer Reports’ monopoly on auto testing remains largely unquestioned. Recently, the magazine found that the Lexus 460 rolls over. In years past, it has found problems with Jeeps and Firestone tires. The…
Douglas A. McIntyre Reuters: The Fed backed “extending language” on rates. Reuters: About 60% CDS could be cleared centrally according to experts. Reuters: Bank of America Corporation (NYSE: BAC) and Symphony will link up on…
Reuters: An 11.9% growth in China during the first quarter has caused the government to look at tightening. Reuters: Toyota Motor Corporation (NYSE: TM) is testing all of its SUVs after problems…
Reuters: Daimler kept its earnings and dividend outlook for 2010. Reuters: American International Group (NYSE: AIG) raised $2 billion thought an aircraft sale. Reuters: Intel Corporation (NASDAQ: INTC) results lifted markets in…
Car sales in China during March rose 63% to 1.26 million according to the China Association of Automobile Manufacturers. US domestic vehicles sales for the same period were 1.07 million. When trucks…
The government cap on fines that the NHTSA division of The Transportation Department can levy on any one car company for a single violation of the agency’s rules is $16.735 million. That is the fine…
Douglas A. McIntyre We often cover companies raising dividends and announcing new stock buyback plans. We did see some dividend hikes this week, but there are also many unique dividend stories from this week which…
The smoking gun inside Toyota (TM) has been found. An executive warned his colleagues in the US that cars made by the Japanese company had severe defects. the warning came weeks before…
Douglas A. McIntyre GM and Chrysler are short about $17 billion in contributions to the pension plans of their workers, or so says the a report from the United States General Accountability Office on the…
The IPO filing by Tesla Motors brings into sharp relief the current battle for hearts and minds between the new electric cars and the traditional gasoline-powered vehicles. US and Japanese carmakers are…
Reuters: Oil dropped as the dollar strengthened. Reuters: Samsung posted record profits. Reuters: Greece wants to amend its aid deal with Europe and not use IMF. Reuters: The US Transportation Department will…
The Department of Transportation wants to make Toyota (TM) pay the maximum civil penalty– $16.375 million– for “failing to notify the auto safety agency of the dangerous ‘sticky pedal’ defect for at least four months,…
Douglas A. McIntyre Toyota (TM) found some measure of redemption in the US last month. Its sales rose 43% over March 2009. Its unit sales were nearly the same as those of GM and Ford…
Reuters: US Census hiring will life payrolls. Reuters: The US will impose new airport security measures. Reuters: The head of China will visit the US and the issue of the yuan may…
