Honda and Toyota sales rise in May.
May is no longer known for having kids, but for buying foreign cars. Toyota and Honda sales climb for the month of May. Rising interest rates and rising gas prices have contributed to the lowest sales from GM and Ford of all time, but Toyota and Honda saw double […]
Can GM breath some life into this struggling brand?
Recently, GM decided against scrapping its Saturn brand. Instead GM gave it a new image. Once again they face this same choice with their Pontiac brand. Pontiac sales have been declining and many see it as a dying brand.
GM still thinks it has some life left […]
GM stocks are upgraded
On Wednesday, General Motors Corp. shares jumped. The shares jumped because an analyst upgraded GM’s stock to “buy” status. That’s where a company wants to be. GM’s restructuring model looks as though it is working. The restructuring of most companies is usually laying people off and GM is no different. GM will […]
Hillary Clinton proposes cut our addiction in half by 2025
Senator Hillary Clinton is pushing for a major reform with dependence on foreign oil; she proposes that we cut our dependence in half. That would be 8million less barrels a day, and she proposes that we should be at that point by 2025.
Now, there are two […]
Can the diesel engine have success in the U.S. like in Europe?
Right now, 35% of the passenger automobiles sold in Europe have diesel engines. This number could grow to as much as 50%, during the next ten years. In contrast to these numbers, there is currently only one diesel passenger car available in the U.S. […]
Honda jump starts its plans for the future.
Honda is currently over half-way toward the deadline of its “2010 Vision.” This vision was first stated in 1998, and with only four years left the Japanese auto maker recently announced its plans to complete the process.
Honda’s 2010 Vision is a long-term corporate initiative "to become a company […]
After their first quarter profit how will GM fair?
On Thursday, I blogged about GM’s first quarter profit this year. They had initially reported a loss of $323 million, but after an accounting change, GM reported a $445 million profit during that time period. This was is a good sign for the struggling company, but does […]
Criticism from some Ford shareholders.
This country’s second leading auto maker has had a tough time over the last few years. Ford lost over $2.5 billion in the first quarter of this year. As with most companies, when things are going wrong you look to the person at the top. In this case it is Bill […]
An accounting change turns loss into profit.
The recent struggles of North America’s leading auto maker have been well documented. From the period of January to March of 2005 GM experienced a $1.3 billion loss. Earlier it was reported that for that same period this year they loss $323 million. That is much better than last […]
The future of powering our automobiles.
Just yesterday I wrote about the need for hybrid cars to become cheaper if they are going to take hold in the auto market. As of now, the cost of upgrading to a hybrid off sets the gas you will save. However, this may change soon.
Right now, the great […]