TORONTO, Oct 24- Ford Motor Co has rejected a pitch to make a new investment in its Windsor, Ontario, plants and decided to put the money in Mexico as the company originally planned, the head of Canada's main auto workers' union said on Friday. In a release, Unifor said the program would have created 1,000 new jobs in Windsor, one of Canada's auto manufacturing hubs,...» Read More
Nissan Motor, Japan's third-biggest automaker, reported a 16 percent rise in quarterly profit on Friday, helped by the popularity of vehicles such as the Rogue and Qashqai SUVs, and stuck to its forecast for a small gain for the full year.
Got a lead foot? Well here's something that will make you slow down: Speed Cameras. Yes, the cameras we will see at an increasing number of intersections around the country that will catch us ripping through areas 10, 15, 20 miles over the speed limit. Seems this is one picture we'd all rather not be in.
With rates so low, Cramer just might.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
This afternoon, a new survey of car buyers is hammering home a point I've heard about, and blogged about, many times in the past: When gas prices hit a certain level people will turn away from big trucks and SUV's and migrate into hybrids and smaller, more fuel efficient vehicles.
European stocks closed lower across the board Wednesday as bigger-than-expected writedowns from UBS added to the general gloom surrounding the banking sector and did nothing to calm investors’ jitters ahead of an expected interest rate cut in U.S.
Boeing said fourth-quarter profit rose a greater-than-expected 4 percent, but it cut its full-year revenue forecast to account for delays on its new 787 Dreamliner.
Since writing my blog earlier today about whether or not you would be willing to pay extra ($1,500-$6,000) for a car that could guarantee returning an average of 35 mpg, I've been surprised both at the number of answers I've received, and what many of you are saying.
There's a bit of a debate brewing in Detroit, and frankly with all of the automakers around the world. The question is: How much more will car/truck/SUV buyers pay to buy a model that delivers 35 MPG? Or for that matter, to buy a ride that will meet the new fuel economy standards?
Top Japanese automakers are due to report higher third-quarter earnings led by strong overseas sales, but the next few quarters could see profits fall as the dollar weakens against the yen.
In asking you last week if now is a good time to buy a new car or truck, I was struck by how many people said, "Now, is not the time, but this spring it will be. That's when the auto companies roll out big discounts as sales slow down." Seems we've all become conditioned to expect spring sales.
Harley-Davidson said Friday quarterly earnings fell 26 percent as sales of its iconic motorcycles tumbled in the United States, its biggest and most important market, sending shares down 5 percent.
It was a simple question that stirred quite a bit of reaction and e-mails. On Wednesday, I asked you if you think now is a good time to buy a new car, truck, or SUV, and not surprisingly, you are split on whether to take the plunge.
Cramer makes the call on viewers' favorite stocks.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Ford Motor posted a sharply narrower fourth-quarter loss on Thursday after cutting costs and boosting margins on vehicles and said it expects a net loss for the full year 2008.
On the Ford 4th quarter earnings conference call, CEO Alan Mulally confirmed what we expected (more buyouts for Ford's hourly workers) and made it clear, this may not be the end of the cuts.
As I stand outside. Ford headquarters on a brutally cold day, I'm toying with how to make a play on words about Ford's 4Q earnings might be warming the hearts and portfolio's of it's investors.
Hyundai Motor, South Korea's top automaker, said on Thursday its quarterly operating profit more than doubled, fueled by higher sales and a softer won.
It's a pretty straight forward question, and one I hear more and more people asking: Is now the time to buy a new car or truck? The deals are far from spectacular (avg. domestic incentive last month was $3,654, and the Average Asian brand incentive was $1,625) and given the shaky market and economy...
This morning GM released its global sales for last year, and guess what, the company is still #1 in the world. But it is now in a virtual tie with Toyota for the top spot. Officially, GM sold 9.369 million vehicles worldwide.
Chrysler Chief Executive Bob Nardelli said the Federal Reserve's emergency 75 basis point rate cut would help consumer confidence and boost auto sales in 2008.