Bellwether Caterpillar Posts Disappointing Profit and Sales by DailyFinance Staff Apr 22nd 2013 9:15AM Caterpillar's profit and sales came in short of expectations. It also forecast that sales for the full year will be below target, because of slow growth in the world economy.
Cars Powered by Cheap, Safe Batteries Likely Years Away by Reuters Apr 16th 2013 5:00AM Used in everything from laptops to electric cars, lithium-ion batteries nonetheless have an image problem following several high-profile incidents involving smoke and fire.
Yum Brands' China Sales Catch a Case of Bird Flu by DailyFinance Staff Apr 11th 2013 8:55AM The bird flu outbreak in China is taking a big bite out KFC's sales there. They fell 16% last week, and the downtrend for the unit of Yum Brands is continuing this month.
General Motors Re-Friends Facebook for Ad Campaign by DailyFinance Staff Apr 10th 2013 9:10AM General Motors pulled its ads from the social network a year ago. But now the automaker is testing a new tie-up with Facebook, including a pilot campaign for its Chevrolet...
GM Plans to Invest $332 Million in 4 U.S. Factories by The Associated Press Apr 4th 2013 7:49AM General Motors plans to invest $332 million into four factories in three Great Lakes states to build new, more efficient engines and transmissions.
Housing Recovery Helps Boost March Auto Sales by Reuters Apr 2nd 2013 2:38PM U.S. sales of sport-utility vehicles and pickup trucks jumped in March, spurred by rising home prices and an increase in housing construction, major automakers report.
March Madness a Bonanza for Broadcasters, Advertisers by DailyFinance Staff Mar 22nd 2013 12:00PM The NCAA basketball tournament doesn’t get nearly the hoopla that the Super Bowl garners, but it’s a bonanza for advertisers, including official sponsors GM and Nissan.
GM Recalls 34,000 Vehicles for Transmission Problems by The Associated Press Mar 20th 2013 9:15AM General Motors is recalling nearly 34,000 Buicks and Cadillacs in the U.S., Canada and elsewhere to fix a problem with the automatic transmissions.