Markets in Asia fell. The Nikkei was down 1.1% to 10,146. Toyota (TM) moved up over 3%. The Hang Seng was off 1.4% to 20,576. China Unicom (CHU) fell and HSBC (HBC) rose. The Shanghai…
Ford’s (F) sales may have passed GM’s in the US in February, but GM is still well ahead of its rivals in China. GM sold 174,306 cars on the mainland last month between its…
Reuters: The Senate overcame opposition to allow jobless benefits to be extended. Reuters: China will hope to keep the value of the yuan steady. Reuters: JC Penney (JCP) will focus on exclusive…
Markets in Asia were mixed. The Nikkei rose .3% to 10,253. Toyota (TM) surged. The Hang Seng fell .1% to 20,877. China Mobile (CHL) fell. HSBC (HBC) rose. The Shanghai Composite was up…
Douglas A. McIntyre GM had to recall 1.3 million cars this week, which took away much of its current marketing advantage over Toyota. The perennial No.1 domestic car company could claim that its Japanese rival…
Douglas A. McIntyre Many experts expected that February would be a bloodbath for Toyota (TM) due to its recalls of 8.5 million cars worldwide and a large amount of negative publicity about potential cover-ups of…
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…