Marketers gave a thumbs up to Facebook's new pricing options for video ads. But many still say the changes don't go far enough to make clients happy.» Read More
Following are Tuesday's biggest winners and losers. Find out why shares of General Motors (GM), Daimler (DAI) and SunMicro (JAVA) popped while Mattel (MAT) and Avis Budget Group (CAR) dropped.
Yahoo is buying online advertising network BlueLithium for $300 million in cash, building upon an expansion aimed at ending a financial malaise that has ravaged the Internet pioneer's stock price.
Forget all the talk you will hear about people not wanting to buy a new car or truck. Some models ARE selling, and some brands ARE doing well while others muddle along. So with that in mind here is my list of who is cruising and who is losing in the auto biz.
Toyota said August U.S. sales fell 2.8%, citing weaker consumer confidence due to a meltdown in subprime mortgages. GM said U.S. sales rose more than 5%.
After "months and months" of increasing auto sales, Toyota Motor threw analysts for a loop when it posted U.S. August results, says Phil LeBeau. The company reported a sales drop of 2.8 percent from the year-ago period -- a "bit of a head-scratcher" for Wall Street.
Stocks closed higher across the board as investors were encouraged by solid economic data and bid up technology and energy stocks. "We're very, very bullish because we think the economy is going to continue to be in a positive trajectory," said Tony Dwyer, equity market strategist at FTN Midwest Securities.
Just when you thought GM was falling behind Toyota in the fight to win over pick-up buyers, the country's largest automaker put up a big sales number for August. Overall, GM's August sales came in better than expected with an increase of 5.3%. But the real surprise was with truck sales jumping 14.9 %
General Motors on Tuesday said U.S. sales rose more than 5 percent in August, boosted by strong demand for its pickup trucks and sport utility vehicles.
Nissan Motor posted a 6.3 percent increase in August U.S. sales from a year earlier, boosted by gains for its flagship Altima sedan, the automaker's U.S. sales chief said on Tuesday.
New vehicles are expected to set records for average gas mileage in 2007, driven by improved technology and demand for fuel-efficient vehicles, the government reported.
A few weeks ago, after writing a blog about the success Toyota has been enjoying, I was given a new nickname from a friend who is a retired Ford man who spent his career working in Detroit. He started calling me "Toyota Phil". The way he saw it, I've reported and blogged about Toyota's success so much, I must be the company's #1 fan.
Stocks are winding up for a higher open as traders focus on the Fed Chairman Ben Bernanke's Jackson Hole address and President Bush's expected subprime rescue plan for defaulting homeowners. Bernanke's 10 a.m. speech has been the buzz of global markets for more than a week and it is being watched carefully for any clues on how the Fed might react...
It's "prove it" time again for Cadillac. If you are into luxury cars, you might be thinking to yourself, 'wait, isn't it prove it time every 5 or 6 years for Cadillac?' Well yes, you are right. This time, while Cadillac is not hurting the way it was back in 2000 and 2001, but it is in need of a boost.
NBC Universal (owned by GE, which is parent company of CNBC) and News Corp are collaborating on a online video site to compete with YouTube, and today we learned its name: Hulu. (Go to hulu.com) to check out some of the video the on-demand service will be providing--you'll see that Fox's "24" and NBC's "My Name is Earl") are prominently featured.
In this special segment, the masters of Wall Street go face to face with some of the best business school students in the country. Students from Harvard, Yale, Columbia and Wharton are bringing their A-game via the webcam.
Perhaps more than any other comment, the one I hear the most from readers is "when are we gonna see cars and trucks with better mileage?" Typically those comments are followed by questions about hybrids, diesels, or sometimes even electric models. I bring this up because we are at a crossroads in the auto industry. On Friday, GM showed reporters a new engine it's developing that, in theory, will be 15% more fuel efficient.
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Earlier this week I asked you to vote on whether or not you are putting off a new car, and the number of e-mails and votes on our web poll has prompted me to end this week with the reason why many of you are putting buying a new car or truck. The answers might surprise you.
Here's a question: Are you in the market for a new car or truck? It's a simple enough question, but with the economy slowing, and credit tightening up, more and more people are actually putting off buying a new ride. When I saw the latest survey of new car buyers from CNW Market Research, I was not surprised to see that 13% of the people in the market for new wheels are putting off making the purchcase.
Toyota Motor aims to sell around 10.4 million vehicles worldwide in 2009, helped by increasing demand in North America as well as China and other emerging economies, business daily Nikkei reported on Wednesday.