The Bank of Japan is unlikely to adjust its QE program, but it may adjust fiscal policy, noted Sailesh Jha, chief Asia economist at Credit Suisse Prviate Banking and Wealth Management.» Read More
As I sit through a lengthy explanation of how Sergio Marchionne plans to turn around a struggling Chrysler, one question keeps running through my mind: Do we think this plan will work?
If you want to get a sense of just how unclear the auto industry is about how much sales will rebound, ask the different sales chiefs at the automakers.
Reporters and editors are already calling Ford's third quarter earnings surprising. And yes, it is surprising when analysts are expecting a company to lose 12 cents a share, and it earns 26 cents/share. But make no mistake; the blue oval has been going from red (losing money) to black (making money) for some time.
The latest Consumer Reports survey of people who have bought more than 1.4 million vehicles, is further proof of the gulf between Ford and its fellow Big 3 auto makers, GM and Chrysler. While Consumer Reports now lists Ford as being on par with Asian automakers, GM and Chrysler continue to struggle.
The Tokyo Motor Show is a case study in the electric car split. Some companies, like Nissan are trumpeting future EV models and talking about the coming age of electric vehicles.
Nearly two years ago to this date, at the 2007 Tokyo Motor Show, Honda showcased their environmental F1 car concept. Going green was its aim. This year, Honda might be going a different shade of green
The beauty of the X PRIZE is that it highlights a growing, but largely overlooked segment of inventors and entrepreneurs who are building cars that do not run on gas or diesel. These are folks experimenting with batteries, ethanol, even algae as the fuel to power our cars ad trucks.
Maybe it's because there were few other options. Maybe it's because HUMMER has fallen in relevance among automakers. Or maybe it's because people finally realize it was inevitable for a Chinese company to buy an American automaker.
Nissan unveils its concept "Land Glider" electric car capable of tilting from side to side, sashaying into curves by up to a 17-degree angle.
The Nikkei 225 is currently the weakest of the major stock indexes and could fall toward its March lows of around 7,000 points next month, Roelof van den Akker, chartist at ING Wholesale Banking, told CNBC.
Ever since Nissan announced the Leaf would be coming out next year, prospective buyers have been clamoring to get on the waiting list - 22,000 so far!
The rising trend in Tokyo and Chinese stocks has broken and selling pressure is ahead for the two Asian indexes, Royce Tostrams, technical analyst at Tostrams Groep said Friday. And weakness in Asian markets could affect global stock markets, he warned.
We knew September sales would be terrible following the Cash for Clunkers pop in July and August. So when you see both GM and Chrysler down more than 40% it's not a shock. Ford, after posting its first monthly sales gain in August, fell 8.8%. Toyota down 6.1%.
After 20 years, plenty or promise, and plenty of "what ifs", Saturn is approaching the end of the road.
When the Toyota first announced a safety alert, two questions crossed my mind. First, how serious is this problem to fix? Second, how much will this stain Toyota's sterling reputation?
Less than two months after GM and eBay hooked up to try online sales of new cars in California, CNBC has learned the program will end as scheduled tomorrow.
Hyundai is picking up market share here in the U.S. thanks to a potent combination of much better product (both in terms of quality and styling) and savvy marketing. A company that was once dismissed as weak imitator of the Japanese automakers is now taking it to the folks from Toyota, Nissan, and Honda.
Global stocks were slightly lower in subdued trade on Tuesday, with weaker commodity shares offsetting gains in bank stocks. Experts tell CNBC to short energy companies when oil prices rise and that Japan is still cheap.