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On Friday, for instance, only two shares were traded on the Bombay Stock Exchange (BSE) and 46 on the NSE. Cumulatively, in the last 10 trading sessions, since listing around 13,000 shares were traded, of which 11,000 shares on listing day account ...
Automakers - Struggling General Motors, which was blasted and mocked for using one of its corporate jets to fly chief executive Rick Wagoner to Washington this week to beg Congress for a share of $25-billion in bailout cash, is preparing to give back ...
TOKYO - MITSUBISHI Motors Corp. will join other major Japanese carmakers in making further cuts to production and jobs to cope with the global economic downturn, press reports said on Saturday. The number-four Japanese carmaker is considering ...
TOKYO: Mitsubishi Motors Corp. will join other major Japanese carmakers in making further cuts to production and jobs to cope with the global economic downturn, press reports said on Saturday. The number-four Japanese carmaker is considering reducing ...
Detroit, November 22: The top U.S. automaker, General Motors (GM), spokesman Tom Wilkinson said that the company will give up two of its leased corporate jets. Wilkinson said on Friday that GM decided to return the aircraft because of a "really ...
LANSING -- Gov. Jennifer Granholm had advice Friday for the Detroit Three automaker executives when they plead their case again to Congress next month for $25 billion in loans to rescue the cash-starved industry. Make it clear that survival of the U ...
THE board of directors of embattled US carmaker General Motors is considering "all options" including bankruptcy, according to a report on the Wall Street Journal website. The paper, citing people familiar with the board's thinking, said the stance ...
A WORD WITH THE WORK FORCE General Motors Chairman and Chief Executive Officer Rick Wagoner greets employees of the GM Lordstown Assembly Plant in Lordstown, Ohio. General Motors Corp. will extend its holiday shutdown or make other production cuts at ...
“The automobile market had nearly vanished and with it our income. … We were loaded with high-priced inventory and commitments at the old inflated price level. We were sort of cash. We had a confused product line. … In short, there was just ...
TOKYO -- Honda Motor Corp. said Friday it will cut production in Japan and Europe by 61,000 vehicles, as it continues to grapple with slowing global demand. The latest cut means Japan's second-largest automaker will reduce annual production by more ...
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