China fines 12 Japanese auto parts suppliers $202 million in spreading anti-monopoly probe Asian stock markets eke out slight gains after solid Wall Street session US home construction jumps 15.7 percent in July to 1.09 million rate, fastest pace in 8 months Peanut, almond butter from Hain Celestial unit recalled due to salmonella risk Private company pays $8 million in back wages, benefits to staff at California-based prison PetSmart to consider selling itself after pressure from investors, says it plans to cut costs Former CEO Ballmer steps down from Microsoft board as he occupies time with Clippers, teaching Japan trade deficit widens in July, exports up on higher demand for machinery, heavy vehicles Elizabeth Arden blames 4th- quarter loss on Taylor Swift, Justin Bieber fragrances; shares fall Consumer prices up 0.1 percent in July, smallest advance in 5 months, as gas prices fall» Read More
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.
Give the guys at the blue oval credit. Their new model and new technology push is getting the attention of younger buyers. I'm not ready to say Ford's line-up is packed with models the youngsters want, but there's definitely momentum building.
Particularly, the FBR Focus Fund, with an average annual 20% return. Cramer talks to the fund's manager about his strategy for staying on top in a bear market.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.
With all the attention focused on building gas electric hybrids, new forms of ethanol, and hydrogen fuel cells, the most interesting race in the auto industry is the development of electric powered cars and trucks.
"Go ahead, lift it's skirt, so to speak." "Okay, here we go." That's me talking to Bob Boniface, the Director of the Volt Eflex Design Studio at General Motors. He's doing the lifting. "That's it, that's all I can show you. But the future of General Motors rest right there."
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.
This afternoon, GM investors got the kind of good news they've been craving for several months. Talking with analysts in Dearborn, Michigan, GM's Chairman and CEO Rick Wagoner said the company plans to save an additional $5 billion by 2011.
General Motors said it expects to significantly improve operating results, including earnings and cash flow, over the next two-to-three years.
If you're one one those people who loves gadgets, staying connected, and the idea that your car, truck, SUV give you everything, you are in heaven. If you are the type who longs for just you, the car, and need nothing more than the basics, well, hang on to the steering wheel.
German Truckmaker MAN said Wednesday sales rose by about 15 percent last year.
When you walk around the Detroit Auto Show, it's hard to say one model stands out above any other. Sure, the luxury and super luxury rides from Rolls, Lamborghini and Mercedes catch your eye. But there is rarely a brand new car that has people talking. This year it's a little different.
After 2 days of watching a slew of new models be introduced at the Detroit Auto Show, some impressions. 1. The Nissan GT-R is even more spectacular in person than I thought it would be. it a Corvette "killer" that will replace the American sports car as the speedster that delivers the best bang for the buck?
The Japanese auto giant announces a big green initiative at the Detroit Auto Show, saying it plans to test hundreds of plug-in hybrid vehicles with fleet and commercial customers worldwide by the end of 2010.
Ford Motor plans to to return its North American operations to profitability in 2009 are progressing well and are not affected by signs of slowing U.S. economic growth, top officials said Sunday.