Remember that time about a couple of years ago when most of Detroit was on fire and everybody in America was out of money? Well actually, Detroit has been on fire for the last couple of decades and the focus back then was on how this town's car makers were all bankrupt. Since then, Ford's sales and profit went through...
For some time now we knew that the Koreans were doing pretty well financially but the latest of sales figures proof just how much we might be underestimating Kia. Hard figures suggest that Kia's accountants drew the line at a total profit of $890 million for the first three months of 2011. Given the 465.9 million USD they managed in...
My favorite of the Detroit Big Three, Ford, has announced that as a result of some changes around the company they may make quite a lot of money. The Blue Oval isn't going to make much differences as far as the production, distribution and pricing but the difference is still amazing. Ford is going to make an accounting change this...
Somehow, Toyota can't manage to avoid the previous problems, especially when it comes to mentioning legal repercussions of the unintended acceleration situation. Boy did I ever say that politically. Toyota screwed up big time and they paid through the nose for it. Through the nose is still a subjective term, while the sum of money seems immense to most of...
I, for one, have always known that the modern Korean cars sell, and sell well but it seems that some of the economy oriented newspapers think otherwise. Actually, either some people writing about money hate the cheap Korean products or have no clue about the situation as many have claimed that Kia is in serious trouble and actually heading for...
The Germans over at BMW have revealed their intentions to go into electric power quite some time ago. Not long after came the announcement mentioning a dedication towards the Megacity project. So far, we've got the interesting bits sorted, brimmed with anticipation so here comes BMW's boring stuff, the plan, the economy, the business of the whole thing. The Bavarians...
