Thursday, December 18th, 2008
The Big Three automakers are in for a brutal January, according to analyst Jim Gillette. Sales are so bad in the auto industry worldwide, that job cuts are expected from every major auto maker as they've all been forced to cut production.
Chrysler LLC said it would extend the traditional ...
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Wednesday, October 8th, 2008
Toyota Motor Corp (NYSE:TM) is fighting to keep their sales figures in line with projections, but an increasingly tough market in the U.S. and Europe will make that difficult.
Senior Managing Director Yoichiro Ichimaru said the company is sticking with current projections, despite difficulties in the overall global economy.
"When ...
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Thursday, July 10th, 2008
Toyota Motors (NYSE:TM) recently announced plans to build their eco-friendly hybrid car, the Prius at a new facility currently under construction in Blue Springs, Mississippi.
Production is expected to begin in late 2010.
This decision was spurred by growing demands for smaller, more fuel efficient vehicles. Originally the Blue Springs factory ...
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