Detroit, MI – As the United States Labor Department reported reported 216,000 new U.S jobs for the month of March the U.S. auto manufactures have also been reporting on the positive. The domestic sales of U.S. autos have increased significantly last month as Ford (212,295 car sales) took the lead from GM (206,621 car...
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New York City, NY – On Wall St.’s second day of trading since the 8.9 earthquake followed by the 20ft plus high tsunami that struck Japan on March the 11th, stocks around the world plunged. In Japan there was an 19% decline or a 225 point loss in the Tokyo Stock Exchange (Nikkei), the...
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Beijing, CHINA – Today China said that, by the end of 2010, it was going to decrease, by 11 percent, the volume of rare earth minerals it currently exports. A change as large as that is not one that will be highly embraced by the world of high-tech manufactures as well as high-tech junkies....
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Detroit, MI – Today the automobile manufacturing giant General Motors Co. stated it will be recalling close to 100,000 cars in order to repair a couple of defects. One of the defects might cause the rear axle to malfunction and the other defect is with the air bag on the passengers side of the...
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Tokyo, Japan – The Car company Toyota is going to pay the United States federal government $32.4 million extra in penalties in a settlement deal. This is due to the fact that it defaulted in proper supervising of two product recalls. In April 2010 Toyota consented to shell out the absolute maximum penalty permitted...
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Riyadh – Saudi Arabia’s motor vehicle marketplace appears prone to publish reputable development in 2010, after sales increased somewhat in 2009 regardless of the effects of the worldwide financial crisis. Self-confidence in the sector is strong; sellers tend to be optimistic, and a initial task to create Saudi’s very first car is really a...
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