Ford reported Tuesday that its sales in February rose 14% compared to a year ago, in part due to strong sales of the revamped Ford Explorer sports-utility vehicle, the Fusion midsized sedan and the Ford Escape compact SUV. Tota…
GM models sold smartly despite the steadily rising price of gas. GM says it sold 207,028 vehicles during the month. The increase was driven largely by a 70% jump in retail, or individual consumer, sales.
Contin…
Cathay Pacific CEO Tony Tyler says when airlines last raised fares in 2008, most travelers kept on flying. But as Mideast upheavals send oil prices skyward and airlines hike fares again, the impact on the bottom line could be q…
Retailers are getting back to business after the recession and showing stronger earnings, making them attractive targets for private equity investors — and each other.
Continue reading Spring Is in the Air for…
Will the iPad 2 be hit by Apple’s usual supply-shortage problems when it launches tomorrow as expected? Early reports say yes. But if Apple isn’t careful, inventory problems could cost it sales because the market is now full of…