Friday 31 December 2010

Autos Lead European Stocks Lower - Wall Street Journal (Carlow)

Autos Lead European Stocks Lower - Wall Street Journal
LONDON—Auto stocks drove European stock markets lower as investors fretted about the impact of China's weekend interest-rate increase on vehicle demand. The Stoxx Europe 600 fell 0.8% to 279.18, while the DAX dropped 1.2% to 6970.73, its lowest close
Source: online.wsj.com

Seoul shares fall 0.4 pct on China rate hike; autos slide - Reuters
SEOUL, Dec 27 (Reuters) - Seoul shares edged lower on Monday amid year-end thin volume and weighed down by a surprise decision by China's central bank to raise interest rates on Christmas day, a move that hurt automakers including Hyundai Motor . The Korea
Source: www.reuters.com

A.I. Autos: Leave the Driving to Us - Wired News
The 200-mile trip from San Francisco to Lake Tahoe can be a frustrating slog in the wintertime traffic on Interstate 80. Speeds in the fast lane swing from 90 to 30 for no discernible reason. Slow, fast, faster, slow. Hit rush hour in Sacramento—or
Source: www.wired.com

Ex-autos czar Steven Rattner to apologize, pay $10 million to settle civil charges - Washington Post
The settlement caps a protracted and acrimonious confrontation between Rattner, a star in the worlds of journalism, finance and politics, and Cuomo, a high-profile critic of Wall Street, who will become governor of New York on Saturday. At the center of
Source: www.washingtonpost.com

Japan stocks retreat, with autos moving lower - Marketwatch
"Treasury Dept. raises common-equity stake in Ally Financial by converting preferred stock http://on.mktw.net/dVCVBg " 4:52 p.m. EST, Dec. 30, 2010 from MarketWatch "U.S. stocks end slightly lower, with investors moving to lock in gains for 2010 http://on
Source: www.marketwatch.com

20 million autos recalled this year, about a third by Toyota - Tulsa World
WASHINGTON - Automakers recalled about 20 million vehicles in 2010, led by high-profile recalls by Toyota that prompted new scrutiny of the auto industry's safety record. The number of recalls was the largest in the U.S. since 2004, according to an
Source: www.tulsaworld.com

Ex-autos czar Steven Rattner to apologize, pay $10 million to settle charges - Washington Post
The settlement is the last part of a broad investigation into corruption at the state's $135 billion public pension fund. The probe has led to a number of criminal charges and eight guilty pleas to date. "The state pension fund is a valuable asset held in
Source: www.washingtonpost.com

Will 2011 be a stretch of bad road for autos? - msnbc.com
The waning days of 2010 offer an opportunity to look back on what might charitably be described as a “learning experience” for much of the auto industry — though there are some who managed to squeeze lemonade out of the year’s many lemons. “This
Source: www.msnbc.msn.com

Seoul shares slip on Chinese rate hike; autos decline - CNBC
Dec 27 (Reuters) - SEOUL, Dec 27 (Reuters) - Seoul shares ended lower on Monday on year-end thin volume and weighed by a surprise decision by China's central bank to raise interest rates on Christmas Day. Falls were led by automakers including Hyundai
Source: www.cnbc.com

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