By Yantoultra Ngui and Fransiska Nangoy KUALA LUMPUR/ JAKARTA, Jan 29- Indonesia narrowed the gap in car output with Thailand, Southeast Asia's automaking hub, to its smallest ever last year in percentage terms and is expected to overtake the Thai industry within a decade. Indonesia, Southeast Asia's largest economy, has already surpassed Thailand as the...» Read More
In one week Ford has gone from being perceived as an automaker struggling to jump start its business, to a company and stock worth betting on. My how things can change in just a few days. So it's time to ask yourself: Do you believe Ford will come back?
Germany dominated earnings headlines from Europe Tuesday, with luxury-car maker BMW reporting a mixed set of first-quarter results, rival Daimler announcing worse-than-expected first-quarter earnings and Continental posting a 29 percent rise in first-quarter underlying operating profit.
Chief executives from around Europe discussed their companies' earnings, opportunities and the challenges they face in 2008 with CNBC Europe Tuesday.
Billionaire investor Kirk Kerkorian has taken aim at the No. 2 U.S. automaker, acquiring what could become a 5.6 percent stake in Ford Motor.
How's this for an intriguing move. Tracinda Corp., the investment firm representing the vast interests of billionaire investor Kirk Kerkorian is tendering an offer to take a greater stake in Ford Motor Company.
This company is years ahead of the competition, Cramer says.
European shares rallied on Friday to end the week in positive territory, led by technology stocks after Ericsson beat forecasts with its earnings, and as the banking sector stabilized.
Earnings news dominated Friday's European trade with Sweden's Ericsson's shares up more than 12 percent after the company reported better-than-expected results.
Chief executives from Europe discussed earnings, opportunities and challenges their companies face in 2008 with CNBC Europe Friday.
Honda Motor posted a muchbigger than expected 85.6 percent tumble in quarterly net profit on Friday, and forecast a weak year ahead hit by a stronger yen, rising commodities prices and a soft U.S. car market.
Microsoft beats expectations but lowers its forecast, Apple surges, the greenback makes a big comeback and more in Thursday's Word on the Street.
This is getting to be a habit for Ford Motor Chief Executive Alan Mulally. Once again, his company has posted better-than-expected quarterly earnings. This time, the company turned a $100 million profit when Wall Street was forecasting a loss of roughly $300 million.
Ford Motor posted a quarterly profit on Thursday led by strong results in Europe and South America and a narrowing loss in North America.
Hyundai Motor on Thursday posted a 28% rise in quarterly net profit but the result missed forecasts by a wide margin as rising raw material prices offset higher sales fueled by a weaker won.
Autopart recycling is a part of a broader secular trend that plays right into this company's business, Cramer says.
Thursday will be a big day for European earnings, with heavyweights like Credit Suisse, Fiat and ABB set to hit the tape.
Are we finally at the tipping point? You know, the point where people are so fed up with spending $40, $60, or $80 to fill up their car, truck or SUV that they clamor for something to be done? If word of mouth is worth anything, I say we've hit that point.
European shares fell for a second consecutive day on Tuesday, led lower by banks after Royal Bank of Scotland unveiled a record rights issue, while gains in mining and oil stocks lent some support.
There is a fondness and attraction to Cadillac, Buick and Chevrolet that is helping GM make headway in China.
Talk about coming of age. The Beijing Auto Show and China's auto market are making a statement this week. It's loud and clear: "We are world players!" In fact, it brings up the question about whether this show and the Chinese market are bigger than the Detroit Show and U.S. Market?