U.S. auto sales started off strong over the Labor Day holiday weekend, but have since dropped significantly, according to analysis by car-buying guide Edmunds.com.
Continue reading After Strong Start, U.S. Auto…
Interbrands’ latest annual ranking of brand value once again has Coca-Cola as No. 1. But rising three spots within the Top 10 is Google. Now in the fourth spot, the search giant trails archrival Microsoft by only one rung on th…
Toyota is allegedly in talks to supply technology and key components for hybrid vehicles to Germany’s Daimler, according to a report Thursday in the Nikkei Business Daily newspaper. If a deal is made, Daimler would become fourt…
Toyota wants all the “unintended acceleration” lawsuits thrown out, essentially on an “it’s all in their heads” theory, reports Bloomberg. Toyota notes that no specific defect has been identified, and says all evidence of the p…
Japan finally intervened in foreign exchange markets for the first time since 2004 to stop the relentlessly rising yen, pushing it sharply lower. As a result, Japanese stocks surged over 2%, led by exporters.
Following Tuesday’s win of Prime Minister …