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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 Emma Charlton and Lukanyo Mnyanda, Bloomberg |
April 24, 2013
The euro’s 25% jump against the yen over the past six months underscores the rising pressure on European Central Bank President Mario Draghi to cut interest rates as the region’s exporters lose out to Japan.
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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 Mathieu Rosemain, Bloomberg |
March 5, 2013
Toyota Motor Corp., Renault SA and Nissan Motor Co. are among carmakers widening their global production footprint to limit exposure to currency risk.
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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 Michael Shanahan and Rita Nazareth, Bloomberg |
February 27, 2013
Stocks rallied, sending the Dow Jones Industrial Average to the highest since October 2007, as Italy sold debt amid political turmoil and U.S. data bolstered confidence in the world’s largest economy.
