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Toyota Motor Corp

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  • Toyota Tumbles: Slow Reaction Hammers Auto Giant Friday, 8 May 2009 | 11:00 AM ET

    The fact Toyota posted it's first annual loss in 75 years is not surprising- almost every auto maker lost money this year. The fact this company lost $6.9 Billion in the quarter ending this March is staggering, but not so out of line that people are shocked. What is surprising is Toyota CEO Katsuaki Watanabe telling reporters in Tokyo his company was "lacking in the scope and speed of dealing with various issues."

  • Stocks Rise Over 1% as Banks Gain Friday, 8 May 2009 | 10:21 AM ET

    Stocks rose sharply Friday as Wall Street breathed a sigh of relief after the stress-test results and banks rallied.

  • GM's 'Revenue Implosion' Blows Hole In Q1 Results Thursday, 7 May 2009 | 9:18 AM ET
    General Motors logo

    When you burn through $113 Million every day, it seems ludicrous to say that the quarter turned out a little better than expected. Equally disturbing is the fact few will seem phased by the fact spent $113 Million more than it took in every single day of the first quarter.

  • Ford's Big Bet Going Small And Green Wednesday, 6 May 2009 | 9:35 AM ET
    Ford

    This is for all of you who have complained, groused, wondered, and offered pointed opinions about the Big 3 not being committed to smaller, greener cars. For those of you who have scoffed at the idea of Detroit making money on compact cars built in the U.S., Ford believes it will prove you wrong.

  • Fast Track Bankruptcy? Chrysler Looking To Fly Tuesday, 5 May 2009 | 3:01 PM ET
    2007 Chrysler 300

    As the bankruptcy hearings about creating a new Chrysler pick up steam in New York, it's becoming crystal clear how quickly the Federal Government wants to re-structure the ailing auto maker.

  • Honda Pushes Higher Tuesday, 5 May 2009 | 10:55 AM ET
    2010 Honda Insight Hybrid

    Last Friday, as most people focused on Chrysler going bankrupt, making its first appearance in bankruptcy court and the mounting questions about whether its future was bright or bleak, Honda moved a little higher. It was typical Honda done with little fanfare. The "Steady-Eddie" of the car business moved past Chrysler to become number 4 in U.S. auto sales this year.

  • Chrysler's Money Pit: Losing $46 Million A Day Monday, 4 May 2009 | 3:24 PM ET
    Chrysler

    When the bottom fell out of the auto industry late last year, we all knew that Chrysler was losing gobs of money. Heck, last December on Capitol Hill Chrysler CEO Bob Nardelli said that his company was burning through a billion dollars of capital a month. That said, when you see Chrysler lost $16.8 Billion last year, you have to stop and ponder the enormity of that loss.

  • Marchionne's Bold World Play Monday, 4 May 2009 | 9:29 AM ET
    Sergio Marchionne

    It's a gutsy move. If it works out, he will be called a genius. If it doesn't, critics will say he tried to bite off more than he could chew. Either way, Sergio Marchionne is clearly on center stage for an auto industry in turmoil. Whether or not his performance leads to rave reviews is very much up in the air, but so far he's hitting all the right notes.

  • Auto Sales In US Decline, Chrysler Down 48 Percent Friday, 1 May 2009 | 3:21 PM ET

    Chrysler's sales in the U.S. for April were down 48 percent. The now bankrupt automaker sold 76,682 total vehicles versus 147,751 a year ago.  Despite the big declines, all the numbers were well above forecasts.

  • Chrysler Recovery? It Depends on the Cars Friday, 1 May 2009 | 9:49 AM ET

    You cover enough bankruptcies, you get used to the strange and painful routine. Closing the plants, targeting the jobs to be cut, and outlining how a company in Chapter 11 will be filed in court papers and pretty clear from the beginning. In other words, the cutting and paring of costs is the easy part. It's the re-building and changing of the company that is the tough part.

  • Pontiac Died, So Why Is Chrysler Living? Wednesday, 29 Apr 2009 | 10:34 AM ET
    Chrysler

    Over the last two weeks one of the more intriguing (and downright scary to some people) suggestions is the idea of the auto task force killing the Chrysler brand. I'm not talking about the Chrysler corporation, but simply the Chrysler brand. Three months ago that idea would have been roundly dismissed as "crazy talk", not anymore.

  • Corporate Reputations Erode Among Consumers: Survey Tuesday, 28 Apr 2009 | 11:07 AM ET

    Bailouts, bonuses and bad business behavior all combined to erode the overall reputation of corporate America to its worst standing in 10 years, according to a new survey by Harris Interactive.

  • Is This The Final "Fix" For GM? No Way Tuesday, 28 Apr 2009 | 10:00 AM ET
    Fritz Henderson

    GM CEO Fritz Henderson is a straight shooter. It's one of the things about him that I like. That said, how many of us believe the man when he says GMs latest restructuring plan is the final "fix" for the auto maker? Count me among those who are skeptical.

  • GM To Be Number One No More? Monday, 27 Apr 2009 | 7:15 AM ET
    GM Headquarters

    Now that GM is putting Pontiac out to pasture, planning to cut another 6 production plants in the U.S., and squeeze out hundreds of dealers, I am hard pressed to see how GM remains #1 in U.S. sales.

  • End Of The Road For Pontiac Friday, 24 Apr 2009 | 3:43 PM ET

    After eight decades the Pontiac brand is about to die or be sold by GM. The auto maker will announce the end of the iconic American brand early next week. Pontiac is the latest casualty of the radical down-sizing of General Motors.

  • Ford's Mulally: 'We Are Turning The Tide' Friday, 24 Apr 2009 | 10:03 AM ET
    Alan Mulally

    Seldom has a loss of almost $2 Billion ever looked so good. Then again, when you are Ford and you continually turn in better than expected results, losing a couple billion is further proof business is turning around.

  • GM Cuts While Chrysler Faces The End Thursday, 23 Apr 2009 | 9:06 AM ET
    2007 Chrysler 300

    With one week left before Chrysler faces the very real prospect of filing for Chapter 11 reorganization, and potentially a Chapter 7 liquidation, GM is acting like a company already in bankruptcy. In other words, the end game is almost here. As we're seeing now, it's messy and everyone involved will be feeling the pain.

  • Halftime Report: Weak Morgan, Strong Market Wednesday, 22 Apr 2009 | 1:06 PM ET

    Stocks rebounded from a morning slide and were trading modestly higher around lunchtime Wednesday, despite a wider than expected loss from Morgan Stanley...

  • How Green is Your City? Wednesday, 22 Apr 2009 | 8:51 AM ET

    Happy Earth Day everyone!  On this day designed to inspire awareness and and appreciation of the environment, we decided to give you a feel for how green (or not) your neighborhood might be. 

  • Pros Say: There's Still Gold in Green Tuesday, 21 Apr 2009 | 12:16 PM ET

    In recessions investors tend to return to safe havens like government bonds, the US dollar, gold and consumer staple and drug stocks and cash flows out of what are considered more discretionary sectors.