Page 57 - Auto Sector News Today

Thats what theyre seeking from the private sector? >> mr. speaker, the most radical president in american history. >> i think thats clearly true. look at what they did with general motors and chrysler. >> its a slippery slope. where does it end? >> it is a banner day for the resurge ent u.s. auto industry. less than two years after coming out of bankruptcy general motors announced today it is adding 4,000 american jobs. >> chrysler will pay off its remaining debt to the u.s. treasury tuesday. >>...

Jane corwin. it was a race viewed as a referendum on the house republican plan to overall medical, a plan hochul vowed to fight if elected. she will fill the vacancy created after chris lee resigned after a sex scandal. you may remember him as the guy with the shirtless mirror photo. just a few weeks after turning its first profit in five years, chrysler has announced another milestone. lets take an early look at the markets as we get all up in your business this morning. steve sedgwick is liv...

Started about $14 two years ago. now its at about $15. dont tell me about the investment. tell me about ford relative to other companies. >> ford probably the best of the breed, lets put it that way. the problem is the industry as a whole faces some major head winds going forward. the numbers are fantastic. couple big reasons. 31% sales increase in asia. thats a big market for them. they also have some fuel-efficient cars which with gasoline, yes, youre moving in that direction. but the problem ...

They think its going to go to $70 billion in the next ten years. the global x lithium exchange-traded fund, this is made above companies that have a mind for lithium and the companies that make these batteries that go into fuel-efficient electric cars. >> has it had its run or does it have further to go? >> no, i think the upside is limited for this, and theres only a few companies, but you dont take that companys specific risk. youre not investing in just one company, youre investing in the ind...

Paint comes from a supplier in japan. ford is working to find a substitute. poppy harlow, with whats coming up in business news. hey, poppy. >> thanks a lot, steph. a big week for the economic calendar with reports on housing, manufacturing, and also the auto sector coming out. on friday, well get that all-important march jobs report. wall street will certainly be watching for any sign of recovery. februarys reading shows the unemployment rate dropped below 9% for the first time in nearly two ye...

It would give the airline a foothold in atlanta. stephanie? >> ford is asking its dealers to limit orders of some of its vehicles in tuxedo black or red. the glittery substance in the paint made at a factory in japan is in short supply. the debate goes on about making the friendly skies kid-free. >> 60% of flyers dont want kids near them. they would support a family section on planes. poppy harlow has a look an business. >> its a big week for the economic calendar with reports on housing, manu...

Ford is asking its dealers to limit orders in tuxedo black or red. the glittery substance also comes from a supplier in japan. ford is working to find a substitute. poppy? thanks a lot, steph. it is a big week for the economic calendar with reports on housing, manufacturing and also the auto sector coming out. and on friday well get that all-important march jobs report. and wall street will certainly be watching for any sign of recovery. februarys reading showed the unemployment rate dropped b...

And this would jack up the economy. but also, japan has got to look on the other side. japan has to look for an alternative to nuclear energy, possibly. thats bound to put more oil into the country. that would drive up the oil prices as well as the competitiveness of japans businesses. >> i do want to touch on your point about reconstruction. and the plan to rebuild japan after these natural disasters. the price of oil is going up because of the unrest in the middle east. >> thats right. >> and ...

Vehicle production plants. thats after last weeks freeze on almost all operations in the quake-effected zone. this time last week auto stocks took a big hit, but they sped out of that dip last friday to try to regain some of the lost ground. what do you have for us, ramy? >> this week looks to be the week where japans auto sector tries to restart engines. nissan today, toyota tuesday, honda wednesday. first to nissan, five of its parts manufacturing plants are supposed to be partially operationa...

The big news, toshiba corporation, theyre the makers of nuclear reactors. tokio marine holdings and tokyo electric. 23% down there, tokyo electric, certainly a big hit there. now, in the auto sector, three of the key carmakers all down again sharply. toyota, nissan, and honda. honda and nissan and toyota saying theyll have to curtail their production. toyota in particular has closed its total manufacturing capacity in japan for the next three days. it will -- it is expected to open on thursday m...