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By Joseph Ciolli and John Detrixhe, Bloomberg |
May 9, 2013
The yen weakened beyond 100 per dollar for the first time in four years as the Bank of Japan’s deflation-fighting measures have the currency headed for its longest streak of monthly losses in almost two decades.
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By Craig Trudell, Bloomberg |
May 1, 2013
Ford Motor Co. and Chrysler Group LLC reported U.S. sales increases for April, building on the first sweep of market share gains by all three domestic automakers in the first quarter of any year in two decades.
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By Craig Trudell, Bloomberg |
April 24, 2013
Ford Motor Co., the second-largest U.S. automaker, reported first-quarter profit that exceeded estimates as the Fusion sedan bolstered record results for its North American operations.
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By Andy Sharp and Keiko Ujikane, Bloomberg |
March 28, 2013
Japanese Prime Minister Shinzo Abe took power in December as confidence among manufacturers hit a three-year low. Now, as the yen weakens and stocks surge, sentiment is set to rebound by the most since 2011.
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By Siddharth Philip, Bloomberg |
March 26, 2013
Ford Motor Co. Chief Executive Officer Alan Mulally said he’s concerned that the depreciation of the yen is bolstering the competitiveness of Japanese carmakers.
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By Michelle Jamrisko, Bloomberg |
March 6, 2013
The outlook for U.S. business spending is improving as rising earnings, easier credit and pent-up demand prompt companies from Warren Buffett’s Berkshire Hathaway Inc. to Chrysler Group LLC and Lowe’s Cos. to expand.
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By Craig Trudell, Bloomberg |
March 1, 2013
Ford Motor Co. and Chrysler Group LLC posted U.S. light-vehicle sales gains in February as low interest rates and more-available credit draws buyers to dealerships.
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By Craig Trudell, Bloomberg |
February 28, 2013
New car buyers, shunned by lenders just four years ago, now are benefiting from historically low interest rates and more-available credit, pacing a U.S. auto market that is hovering near pre-recession levels.
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By Craig Trudell, Bloomberg |
February 1, 2013
Ford Motor Co., General Motors Co. and Chrysler Group LLC reported January vehicle sales gains that topped estimates, as the U.S. auto market begins a fourth consecutive year of growth with buyers returning to showrooms.
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By Craig Trudell, Bloomberg |
January 3, 2013
General Motors Co., Ford Motor Co. and Chrysler Group LLC posted December U.S. vehicle sales gains that exceeded analysts’ estimates, completing a year of surprising growth that helped propel the country’s economy.
