GM Reports Solid Earnings But Taps Brakes On Europe
Automaker calls for a break-even overseas.
Steve Schaefer, Forbes StaffAutomaker calls for a break-even overseas.
Steve Schaefer, Forbes StaffWhile some of the best-selling cars in the U.S. also top the most frequently stolen list each year because of their sheer numbers, another look at the statistics reveals which cars by percentage are the most likely to by targeted by thieves. Here's the top 10 based on 2009 data compiled by the National Highway Traffic Safety Administration.
It's not that famed green tech guru and Sun Microsystems founder Vinod Khosla is against electric vehicles, per se. It's just that pumping another $10,000 worth of batteries into an expensive car designed to burn less fossil fuel is not for the masses. Building a cheaper car, a $10,000 fuel efficient vehicle, is more worthy of an investment. read »
It's tough to know how to review a car when the people who make it say it will never go to production. Ever. Don't even ask. read »
Qualcomm this morning said it has acquired the technology and other assets of HaloIPT, a New Zealand-based provider of wireless charging technology for electric vehicles. read »
The lingering effects of March’s natural disasters in Japan, the more recent impact of floods in Thailand and a strengthening yen made for a rocky earnings report from Toyota Motor Tuesday. read »
Thailand's economy has taken a major hit from months of peak-monsoon flooding. Within the last month, seven industrial estates to the north of Bangkok were inundated, despite last-ditch efforts to keep out the floodwaters. Among the losers were Western Digital, Honda and scores of suppliers to global auto and computer manufacturers. Japanese, European and U.S. firms are still assessing the impact of the shutdowns and the potential cost of rebuilding their plants. Now it's the turn of two industrial[...] read »