Posted by admin on January 25th, 2008
That was about 3,000 vehicles fewer than GM’s tally announced Wednesday — 9,369,524 vehicles sold, up 3 percent from the previous year. The race between the two rivals highlights the phenomenal growth of Toyota, founded in 1937, which started out by imitating GM, an American icon, as well as Ford Motor Co. [...]
Posted by admin on January 23rd, 2008
BP, Sainsbury, Lloyds, Tullow Oil: U.K., Irish Equity Preview
By Sabine Pirone and Adam Haigh
Jan. 23 (Bloomberg) — The following is a list of companies
whose shares may have unusual price changes in the U.K. and Irish
markets. Stock symbols are in [...]
Posted by admin on January 23rd, 2008
BHP Billiton, BP, J Sainsbury, Tullow Oil: U.K. Stock Preview
By Sabine Pirone
Jan. 23 (Bloomberg) — The following is a list of companies
whose shares may have unusual price changes in the U.K. and Irish
markets. Stock symbols are in parentheses after [...]
Posted by admin on January 22nd, 2008
Jan. 21 (Bloomberg) — Copper may drop for the first time in
seven years as the U.S. slips toward recession and the Chinese
government reins in the worlds fastest-growing economy.
The worst housing slump [...]
Posted by admin on January 20th, 2008
Foreign Investment in China Climbs to $74.7 Billion in 2007
By Li Yanping
Jan. 19 (Bloomberg) — Foreign direct investment in China
rose to $74.7 billion in 2007 as restrictions on companies
spending failed to outweigh the attractions of low costs and the
worlds [...]
Posted by admin on January 17th, 2008
The FINANCIAL —  Ford Motor Company on January 8 announced plans to invest US$500 million to expand its India operations, reaffirming its commitment to developing and implementing an aggressive growth strategy in the country.
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The new investment will fund several new initiatives, including the expansion of Ford Indias current manufacturing facility [...]
Posted by admin on January 17th, 2008
WARRENVILLE, Ill. (AP) — General Motors Corp. said Sunday it has taken an ownership stake and formed a partnership with Coskata Inc., a renewable energy startup company that plans to produce ethanol from agricultural leftovers and municipal and industrial waste.The announcement was made at the North American International Auto Show in Detroit after the [...]
Posted by admin on January 8th, 2008
Jan 8 (Reuters) - The following were the top stories in the
New York Times business pages on Tuesday. Reuters has not
verified these stories and does not vouch for their accuracy.
* James Cayne, the embattled chief executive of Bear
Stearns Cos Inc (BSC.N: Quote, Profile, Research), will step down after the deepest
losses in the firm’s [...]
Posted by admin on January 8th, 2008
Ford to Spend $500 Million in India to Make Small Car (Correct)
By Anand Krishnamoorthy
(Corrects to remove extraneous word in 12th paragraph.)
Jan. 8 (Bloomberg) — Ford Motor Co., having lost its 76-
year ranking as the second-largest carmaker in the U.S., will
spend $500 million in India as it seeks growth in emerging
markets.
Ford [...]
Posted by admin on January 8th, 2008
Ford to Spend $500 Million in India for Small Cars (Update1)
By Anand Krishnamoorthy
Jan. 8 (Bloomberg) — Ford Motor Co., having lost its 76-
year ranking as the second-largest carmaker in the U.S., will
spend $500 million in India as it seeks growth in emerging
markets.
Ford will begin selling a small car in two years [...]