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Former Olympus CEO Michael Woodford will sue the troubled company for wrongful dismissal. (Reuters) The International Monetary Fund’s Lagarde says 2012…
Several media have reported that BMW has pushed ahead of competitors Mercedes and the Toyota (NYSE: TM) luxury brands to…
Blackstone (NYSE: BX) will complete the capital raise for its $16 billion fund. (Reuters) The EU agrees to an embargo…
Sales of Toyota (NYSE: TM) cars and light trucks rose only 4% in China last year to 833,000 The largest Japanese…
Markets opened lower today and stayed in negative territory until mid-afternoon. Car makers reported December sales throughout the day, with…
Bill Gross’s PIMCO Total Return Fund has $1.4 billion in outflows in December, according to Morningstar. (Reuters) MF Global sold…
Chrysler was supposed to stumble out of Chapter 11. The recovery of General Motors (NYSE: GM) was remarkable. Ford’s (NYSE: F)…
The PMI of the eurozone contracted in December. Official numbers from research firm Markit showed a figure of 46.9 for the final…
http://platform.twitter.com/widgets/hub.1324331373.html Hyundai and Kia have been the fast growing auto brands for two years now. They offer affordable quality much…
US automaker Ford Motor Co. (NYSE: F) will sell more than 2 million vehicles in the US in 2011, the…
Truecar, a research firm, expects December auto sales to be the best of any month this year. If so, it…
New car sales in the US for December are forecast to rise 8.1%, including fleet sales, to an annual seasonally…
The retail industry, just off a successful holiday season, must now wait for data on how post-holiday sales went. The…
Retailers hope that “mega Monday” sales continue a string of strong retail results. (Reuters) The MF Global disaster prompts requests…
As part of the race for ultra-high mileage cars, Toyota (NYSE: TM) has launched its Aqua hybrid. The car will…
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