Facebook increases its offering size, JC Penny doubles its loss, Greek banks see increased withdrawals, GM pulls Facebook ads, 13F disclosures reveal the moves large investors are making, Blackberry users are the unhappiest cellphone users. Read More
Warren Buffett's Berkshire Hathaway has been busy buying stocks, including a new stake in General Motors. It's just-released 13-F filing with the SEC shows two new stocks were added to its portfolio during the first quarter of the year, and stakes were increased for another 13 companies. Read More
How many different brands of commercial vehicles are sold around the world? The answer: More than 200. All-together, those brands sold more than 79 million cars and trucks around the world last year. That was a new record. Read More
In a world of large numbers, try wrapping your head around these digits: This year, the world is expected to set a new record with the sale of 80 million cars and trucks. Let me put that into perspective. Read More
It’s not surprising that there is a bit of a learning curve when it comes to adopting new automobile technologies. General Motors, however, is giving consumers a little push. Read More
That’s the question the auto industry is asking after the Japanese automaker posted strong quarterly earnings, and a forecast for 2013 that centers around increased sales and earnings for the current fiscal year. Read More