Asian equity markets were mixed on Wednesday with Japan leading losses on profit-taking while Chinese shares rallied on news of financial reforms.» Read More
There's more evidence that Toyota is coming on strong and might leave both Ford and GM in the dust. CNBC’s Phil LeBeau has more on Toyota emerging as the #1 car company in the world.
Ford's days as the nation's Number Two automaker may be numbered. The New York Times reports the car company expects Toyota to unseat it from that position for good next year. It's a post Ford has held since the 1920s.
Ford Motor doesn’t exactly inspire confidence in investors these days. The U.S. auto industry on the whole has been lagging behind stronger Japanese competitors like Toyota Motor and Honda Motor. But Morgan Stanley analyst Jonathan Steinmetz upgraded Ford to a “buy” today and says shares will jump 32% by the end of 2007.
The next time someone says, "Boy that is one hot car!" Keep in mind, while beauty is in the eye of the beholder, the one independent way of measuring the hottest or fastest selling cars is J.D. Power's, "Hot off the Lot" list. And the latest list confirms what you might suspect: the most in demand models right now are made by...
Add Carlos Ghosn to the growing list of auto executives who are not only committed to developing eco-friendly vehicles, but are actually putting major R & D dollars behind the effort. Unfortunately for Nissan, the effort will be costlier, and take more time now that the GM alliance idea is dead.
The latest survey of customer by the J.D. Power shows almost two thirds of Toyota's buyers are return customers. Toyota supplants Lexus as the top brand for customer loyalty. Lexus was second, followed by Honda, BMW and Scion. The top American brand is Cadillac at #6, retaining more than 55% of it's buyers.
Have you driven a Ford lately? Sure, that was a commercial tag line several years ago, but it's a rhetorical question that bears asking right now. And the answer is not a pretty one for the folks in Dearborn.
Wagoner, Watanabe, Ghosn, Zetsche. They are the last names of four powerful men who have had a profound impact this year not only on their companies, but the auto industry as a whole. As I've reported the stories involving their decisions and their companies, I'm often surprised to hear...
Stocks skidded Friday after a key survey showed manufacturing unexpectedly contracted in November,stoking concerns about a weakening economy.
Toyota Motor sold more vehicles in the U.S. last month than Ford Motor, marking the second time ever that the No. 2 domestic automaker was beaten out by its Japanese rival.