Car recalls have become an epidemic with the sickest patient being Toyota (TM), which has recalled 8.5 million cars this year. GM, one of the car companies with a chance to benefit from…
Reuters: GM will recall 1.3 million cars for steering problems. Reuters: China would like one price for iron ore to cut commodity speculation. Reuters: Two software services will help telcos as they…
Reuters: Some senators want hearings on the Fannie Mae (FNM) and Freddie Mac (FRE) bailouts. Reuters: Toyota (TM) is at work in China on damage control. Reuters: Asia factory output expanded by…
Markets in Asia were higher. The Nikkei rose .5% to 10,172. Toyota (TM) fell. The Hang Seng was up 2.2% to 21,057. HSBC (HBC) moved higher. The Shanghai Composite was up 1.2%…
This coming week we have many key issues coming front and center in our list of “Unusual Suspects.” Some are ongoing issues with mergers and the waves of earnings reports seem to…
The United States may be Toyota’s largest market, but the largest car market in the world is China. After a grilling by Congress and meeting with the Transportation Secretary and employees meant to…
Earnings season has mostly wound down. We have many key business events and key economic events scheduled for next week. In asset sales and merger land, we will be paying close attention…
Updated throughout the day. Toyota (TM) may miss North American output goals (Nikkei news service) GM is going back to early bidders for Hummer now that its deal with Chinese firm Sichuan Tengzhong Heavy…
Toyota’s (TM) sales in the US market are supposed to fall and some of its large rivals like Ford (F) and Honda (HMC) are supposed to benefit from customers who will no longer…
Reuters: Akio Toyoda met with Transportation Secretary LaHood. Reuters: Lloyds posted huge loss driven by bad debts. Reuters: A job creation effort is hung up in Congress again. Reuters: Blackstone (BSX) got commitments for…
Markets in Asia were mixed. The Nikkei was up .2% to 10,128. Toyota (TM) rose slightly. The Hang Seng was up 1% to 20,609. China Unicom (CHU) rose The Shanghai Composite was…
Douglas A. McIntyre Reuters: Coca-Cola (KO) is close to buying its largest bottler. Reuters: Microsoft (NASAQ:MSFT) won court approve to shut down computers that spread spam and viruses. Reuters: Akio Toyoda (TM) apologized to Congress from problems with…
Hyundai has recalled 47,000 of its Sonata sedans to fix door lock problems. It does so in an environment in which American consumers are becoming more and more suspicious of the auto industry.…
Markets in Asia were mixed The Nikkei fell 1.5% to 10,199. Toyota (NYSE: TM) fell. The Hang Seng was off .9% to 20,448. The Bank of China (NYSE: CEO) fell The Shanghai…
Douglas A. McIntyre Consumer Reports released its study of the best vehicles sold in the US. Honda (HMC) finished in first place, Subaru in second, and Toyota (TM) in third. The firm said that it suspended…
