As Ford begins to reboot Lincoln, Alan Mulally has made it clear Ford will give Lincoln a steady supply of new models for the next several years. That sends a message to Lincoln dealers.
He wants to talk about GM remaking itself with an emphasis on new models, fixing its Opel division in Europe and growing the Chevy brand worldwide.
The Paris Auto Show is typically one of the great showcases for the auto makers from all over the world. Sure it's the "home" show for Renault, Peugeot, and Citreon, but every automaker looks to make a statement in Paris.
In an era of deficient demand, issuers of reserve currencies adopt monetary expansion and non-issuers respond with currency intervention. Those, like Brazil, who are not among the former and prefer not to copy the latter, find their currencies soaring. They fear the results.
There's an interesting new trend developing with American car buyers. Because of the economy, they are being much more judicious about the type and size of car they buy.
Japan has decided to release the Chinese fishing boat captain at the center of a fierce diplomatic dispute between Tokyo and Beijing, a move certain to ease frictions between the powers.
Japanese authorities were silent after a sudden jump in the dollar against the yen that traders said was due to the Bank of Japan intervening in the currency market Friday to weaken the Japanese currency.
Escalating a dispute over Japan’s detention of a Chinese fishing trawler captain, China placed a trade embargo on all exports to Japan of some crucial rare earth elements. The New York Times reports.
By the time GM goes public, many taxpayers will be ticked off about how the company is being run. That's understandable given the nature of the federal bail out. Now those people need to realize GM is a company working towards independence and towards making choices they may not like.
Japan stands ready to intervene again in foreign exchange markets, but also plans to put in place broader economic and monetary policies that will help to weaken the yen, according to Naoto Kan, the prime minister. The FT reports.
Here's something to think about: a Chinese company taking a stake in General Motors. Does it scare you? Or does the idea leave you shrugging your shoulders and saying, "so what?"
The West’s recent dominance in video games is spurring a growing group of Japanese game developers to ask a once-unthinkable question: can they learn from the West? The New York Times reports.
Stocks closed mixed as technology companies pulled the Nasdaq and Dow higher, although investors didn't have enough conviction in the future of the economy to break out of a tight trading range. HP and Cisco rose, while Alcoa fell.
Stocks remained mixed Thursday ahead of the close as technology stocks pulled the Nasdaq higher and lifted the Dow, although Wall Street largely remained locked in a tight trading range. HP and Cisco rose, while Alcoa fell.
Stocks clung to modest losses Thursday after a mixed batch of economic data failed to convince investors to move prices higher. Alcoa and Bank of America fell, HP and Cisco rose.
"I want us on the balls of our feet." That comment from GM CEO Dan Akerson is the clearest indication the new leader at GM wants his company to move faster, be more aggressive, and win.
U.S. stock index futures remained lower after a positive report on jobless claims and a 0.4 rise in the Producer Price Index.
Other countries are unlikely to help Japan’s cause, because they need to keep their own currencies weaker to bolster exports
The "Fast Money" traders don't think the Bank of Japan's intervention will be long-lasting, but they do have ideas on how to play it.
How can the Japanese get a pass to intervene when the Chinese are being criticized for essentially the same activity?