Along the Road to a Greener America, an Awful Lot of Roadkill
The global financial crisis helped slam the brakes on clean-tech dreams from electric cars to solar panels, but the roots of green energy's mid-life crisis run far deeper.
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BMW, Toyota Forge Closer New Alliance in Challenge to Rivals
German luxury carmaker BMW and Japan's Toyota agreed to extend their cooperation to a bigger strategic alliance on Friday in a challenge to global rivals as competition intensifies.
Tesla's Annual Loss Triples as It Prepares to Launch the Model S
Tesla Motors, which went public with much fanfare last June, nearly tripled its losses for 2010 as it invested heavily to engineer and get ready for producing the Model S, its second offering and the first that targets a broader consumer market.
BMW's Sales Speed Past Its German Rivals' in November
BMW saw its sales jump 20% in November, driven by growth in Germany, China and the U.S. The German automaker sold more cars than the Mercedes-Benz or Audi brands. Its sales growth for the year so far also is outpacing that of its rivals.
Global Giants Hiding on the Pink Sheets
With few exceptions, investors should run screaming from any stock quoted on the Pink Sheets. But not every over-the-counter stock is a dud. In fact, some of them are top-notch global companies. Here are some major companies listed on the Pink Sheets that are outperforming the S&P 500.
Daimler Wins $324 Million Appeal in Chrysler Deal Suit
German automaker Daimler has won its appeal of a court ruling that would have required the German automaker to pay $324 million to former Daimler-Benz shareholders who claimed they weren't adequately compensated in the $36 billion merger that created DaimlerChrysler.
Toyota to Offer Rebates on Lexus Models to Boost Sales
Seeking to boost sales of Lexus brand vehicles, Toyota plans to offer rebates of up to $3,000, as well as subsidized financing on certain models, company executives told a gathering of Lexus dealers from across the country this week.
Toyota May Supply Germany's Daimler with Hybrid Tech
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 fourth automaker to use Toyota's gas-electric hybrid technology.
Fraud Files: Feds Crack Down on Overseas Bribes
The Foreign Corrupt Practices Act makes it illegal for companies to pay foreign officials to get or retain business, and the U.S. government has been stepping up FCPA enforcement actions: More than three times as many FCPA cases were brought in 2009 than were filed in 2005.
Daimler Targets Small Cars with Renault-Nissan Alliance
The German auto maker has struggled to be profitable in the small-car segment recently, so it's attracted by Renault-Nissan's success in this area. Here's hoping Daimler's new tie-up works better than its previous one with Chrysler.
GM and Chrysler: A Hard Road in 2010
Once icons of American industrial might, GM and Chrysler have cut jobs, closed plants, eliminated models and shed storied brands. Racing to turn their businesses around, both companies still have a long way to go to convince consumers their products are worthy of consideration.
