Money Matters, Simplified.
Manufacturing
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Fuel-efficient cars creating jobs in US
Wed, 10/08/2011 - 13:04 by Anter Prakash Singh
 A report released jointly by the National Wildlife Fund and the National Resource Defense Council (NRDC) along with United Auto Workers (UAW) shows that around 151,000 workers in the U.S. auto sector are engaged in ‘green jobs,’ aimed at providing clean and fuel-efficient vehicle technologies. |
Ford recalling more than 1mn pickup trucks
Tue, 02/08/2011 - 14:30 by Jamie Anderson
Ford Motor Co. is recalling more than 1 million pickup trucks due to defects that can lead the gas tank to cause fire. |
BP still walking the tight rope
Wed, 27/07/2011 - 17:00 by Jamie Anderson
 More than a year after the Gulf of Mexico oil disaster, BP is still struggling with a myriad of issues to be addressed. |
General Electric reports robust Q2 results
Sun, 24/07/2011 - 14:07 by Jamie Anderson
Buoyed by strong performance by lending arm GE Capital, General Electric Co. reported a 21 percent growth in the second quarter earnings. |
Joint venture, bridge loan to help Saab restart production
Tue, 05/07/2011 - 15:01 by Jamie Anderson
In what may be considered as a fresh leash of life for the besieged Saab Automobile, Swedish Automobile, its owner, bagged a $35.9 million bridge loan from hedge fund Gemini Investment Fund. |
US auto sales rise in June
Sun, 03/07/2011 - 16:37 by Neka Sehgal
In what could be termed as a good month for the automobile industry, car sales in the U.S. went up in June, a clear indication that consumers were still on a buying spree. |
Toyota recalls 110,000 hybrid cars on safety concerns
Thu, 30/06/2011 - 18:31 by Rahul K. Chaudhary
In a move to resolve its latest setback, the Toyota Motor Company has recalled around 110,000 hybrid vehicles including the Lexus RX400h and Highlander hybrid models. |
SAAB faces bankruptcy, fails to pay salaries
Sat, 25/06/2011 - 12:42 by Anter Prakash Singh
SAAB may be pushed towards bankruptcy if its worker union decides to go ahead with the legal process to recover salaries. Running low on working capital, the Swedish automaker was forced to stop the payment to its 1500 workers on Thursday. |
Ford weakens in JD Power Survey
Fri, 24/06/2011 - 15:32 by Anter Prakash Singh
 According to the results of the highly acclaimed J.D. Power Survey released Thursday, Ford’s initial quality rating fell drastically from 5th position held last year to 23rd this year. Among 32 auto brands adjudged by consumers, Ford registered 116 problems per 100 cars. Scores that might impinge upon Ford’s blooming reputation, |
Swiss solar-powered plane suffers tech glitches, abandons flight
Mon, 13/06/2011 - 18:21 by NeelamGoswami
Swiss solar-powered aircraft Solar Impulse failed to complete its latest mission on Saturday, thanks to a series of technical problems it experienced mid-air, according to multiple online published reports. |
Toyota to face first trial over sudden acceleration in 2013
Sat, 11/06/2011 - 13:21 by Anter Prakash Singh
 Toyota Motor Corp., the world's largest automaker, will be facing its first trail over sudden acceleration of vehicles in 2013, a federal judge announced Friday. |