Hyundai is trying to ease consumer fears about rising gas prices by running a new promotion where buyers of most Hyundai models join a program where they never pay more than a $1.49 a gallon for the next year. As promotions go, I think it's a smart move. It will get Hyundai in the conversation with many buyers. Read More
I still have a cautious view of the stock market, but we could well be in for some "window dressing" as the quarter comes to an end and portfolio managers aim to add to winners to look good for client meetings in what has been a tough time. Read More
The President has spoken out in support of the clean energy legislation that is making its way through the Congress. There should be a vote this Friday in the House--there is a very good chance it will pass, although its fate in the Senate is less than clear since it needs 60 votes to pass. Read More
On Tuesday afternoon stocks were trading near break-even as investors sifted through comments from President Obama on a wide range of issues from energy to health care. Read More
They've been jockeying for position for some time. But this morning, auto makers around the world will take big steps in the race to build mass market electric cars. When Energy Secretary Steven Chu announces grants for the development of fuel efficient vehicles and technologies, Ford, Nissan and Tesla will be the immediate beneficiaries. Read More
While most of us have been focused on the turmoil churning up GM and Chrysler the last 9 months, there's been far less attention given to the fact almost every other auto maker is struggling right now. Read More
Could it be we Americans are ready to take a new look at the Big 3? A couple of data points coming out this week show good news for GM and Chrysler, and by extension of being a domestic auto maker, for Ford as well. Read More
Ford CEO Alan Mulally has been saying it ever since he took over the blue oval. Ford Chairman Bill Ford Jr. has been backing the idea for just as long. Now we'll see if the company that got a lot of Americans hooked on SUVs (and made billions of dollars in the process) can be successful with fuel efficient cars and crossovers. Read More