Andew Economos, Head of Sovereign & Institutional Strategy, Asia at JP Morgan Asset Management, stresses the importance of reforms and warns on consequences of yen weakness.» Read More
Overshadowed by all the hoopla surrounding Ford posting much better than expected earnings ($.68 a share vs. Street expectation of $.40) is the story of why Ford is knocking the cover off the ball.
When Volkswagen CEO Martin Winterkorn announced earlier this week that VW plans to become a major player in the promising electric car market, I thought to myself, "Let's see which VW will stand behind this commitment."
Whether or not you agree with this conclusion, make no mistake GM and Chrysler did need to be restructured. If they weren't, one or both would have gone away for good or wound up broken into pieces.
President Obama travels to Holland, Michigan today to discuss the economy and hail the development of the electric car industry. His appearance at the groundbreaking of an LG Chem battery plant will include mentioning the hiring of 300 employees.
Counterfeiters have created an international, multi-billion-dollar industry by making cheap imitations of designer goods and selling them for a fraction of the price.
Were you surprised to hear the initial investigation into reports of Toyota cars and trucks suddenly accelerating were likely more a case of driver error? You shouldn't have been. The results echo what most in the auto industry, even those who are extremely critical of Toyota, have said for some time.
Asian stock markets were mostly lower on Tuesday, as the Shanghai Composite Index's sharp slide weighed on sentiment but the declines were capped by Alcoa's stronger-than-expected quarterly profit reported after the close of U.S. trade.
When I got into the Nissan LEAF for a true extended test drive here in southern California, I had a pretty good sense of what to expect: A quiet ride, good acceleration, and overall an enjoyable drive. I was wrong.
Most Asian markets chalked up modest gains Monday, after Wall Street closed out its best week in a year on Friday.
I think hiring Blankenship was a smart move by Tesla CEO Elon Musk. Blankenship has worked at Gap and Apple , two companies with retail stores customers wanted to visit. Granted getting someone into a store to check out clothes or an iPod is far different from checking out a new car. Or is it?
Asian stocks trekked higher on Friday after a fall in U.S. jobless claims and solid sales reports by large retailers lifted Wall Street for a third straight day.
As Ford prepares to release its MyFord Touch and MyLincoln Touch in-car communication systems a new feature of the systems will get a lot of attention.
Asian stocks were up sharply on Thursday, after optimism over the upcoming earnings season sparked a rally on Wall Street, driving the Dow up 2.8 percent.
Japan is vulnerable to a sovereign debt crisis in five to 10 years from now, warned Kenneth Rogoff, former chief economist the International Monetary Fund.
A week ago, Tesla investors were riding high, telling me and many others, "See, this stock is gonna do great." Their euphoria was understandable since shares of TSLA priced higher than anyone expected at $17 a share and took off from there.
Asian stocks ended mostly lower Wednesday, failing to capitalize on a stronger finish on Wall Street, as doubts about global economic growth persisted.
Halfway through the year, it's becoming clear American auto buyers have re-discovered the two biggest American auto brands.
Europe faces the quandary of being unable to afford to bail out banks that are still considered too big to fail, while the global economy is heading for a slowdown economist Nouriel Roubini told CNBC.
Asian markets reversed course on Tuesday, turning positive as a strong rebound in Chinese stocks lifted sentiment.
North Asian markets edged higher on Monday as investors picked up beaten-down stocks, shrugging off the weaker-than-expected U.S. jobs report which rattled Wall Street on Friday. But shares in China led the decliners, hurt by fears of a slowdown in the Chinese economy.