Cars
Over the past few years, the global economic crisis left a huge impact on the automotive industry, even leading to the bankruptcy of General Motors and the Chrysler Group, yet somehow, the top 10 automakers managed to stow away more than $221 billion in hard cash by the end of 2013, says a study from Global consultancy EY. Read more »
- Toyota Reclaims Title Of World’s Most Valuable Auto Brand From Bmw
Toyota has ranked first among automakers in the BrandZ Top 100 Most Valuable Global Brands study released by market research company Millward Brown. The Japanese carmaker has overtaken last year’s best ranks car manufacturer, BMW. Toyota’s...
- The Price Of Saving Two Of America’s Big Three? $14 Billion, But It Could Have Been Worse
Here’s a fun little activity for our readership: check out the U.S. National Debt Clock website and take a gander at the figure under, “U.S. National Debtâ€. That number is a little over US$14 trillion (€9.67 trillion), and is...
- Chrysler Reports Net Profits For The First Time Since Emerging From Bankruptcy
On Monday, the Chrysler Group LLC reported its first quarter gains since exiting bankruptcy almost two years ago in June 2009. The Auburn Hills-based automaker, which is now operated by Fiat S.p.A., said net income totaled $116 million in the first quarter...
- Gm Records $6 Billion Net Loss In First Quarter, Burns $10.2 Billion In Cash
The first quarter numbers are in for General Motors and things aren't looking bright for the largest U.S. automaker as the Obama administration's June 1st bankruptcy deadline nears its end. General Motors recorded a net loss of $6.0 billion in...
- Gm Reports $30.9bn Loss In 2008, Burns $5.2bn In Cash During Q4
The light at the end of the tunnel seems to be getting dimmer and dimmer for General Motors as the company announced a $30.9 billion net loss for the 2008 calendar year, the second biggest in its 100-year old history. Furthermore, GM burnt $5.2 billion...
Cars
Imagine That: Top 10 Global Carmakers Amass $221 Billion in Cash
Over the past few years, the global economic crisis left a huge impact on the automotive industry, even leading to the bankruptcy of General Motors and the Chrysler Group, yet somehow, the top 10 automakers managed to stow away more than $221 billion in hard cash by the end of 2013, says a study from Global consultancy EY. Read more »
- Toyota Reclaims Title Of World’s Most Valuable Auto Brand From Bmw
Toyota has ranked first among automakers in the BrandZ Top 100 Most Valuable Global Brands study released by market research company Millward Brown. The Japanese carmaker has overtaken last year’s best ranks car manufacturer, BMW. Toyota’s...
- The Price Of Saving Two Of America’s Big Three? $14 Billion, But It Could Have Been Worse
Here’s a fun little activity for our readership: check out the U.S. National Debt Clock website and take a gander at the figure under, “U.S. National Debtâ€. That number is a little over US$14 trillion (€9.67 trillion), and is...
- Chrysler Reports Net Profits For The First Time Since Emerging From Bankruptcy
On Monday, the Chrysler Group LLC reported its first quarter gains since exiting bankruptcy almost two years ago in June 2009. The Auburn Hills-based automaker, which is now operated by Fiat S.p.A., said net income totaled $116 million in the first quarter...
- Gm Records $6 Billion Net Loss In First Quarter, Burns $10.2 Billion In Cash
The first quarter numbers are in for General Motors and things aren't looking bright for the largest U.S. automaker as the Obama administration's June 1st bankruptcy deadline nears its end. General Motors recorded a net loss of $6.0 billion in...
- Gm Reports $30.9bn Loss In 2008, Burns $5.2bn In Cash During Q4
The light at the end of the tunnel seems to be getting dimmer and dimmer for General Motors as the company announced a $30.9 billion net loss for the 2008 calendar year, the second biggest in its 100-year old history. Furthermore, GM burnt $5.2 billion...