| 7/30/2010 - | Honda posts record Q1 and Renault returns to H1 profit (Reuters)
Reuters - Honda Motor Co (7267.T) raised its full-year forecasts after posting a record quarterly net profit on Friday, while brisk sales returned France's Renault to profit in the first half.
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| 7/30/2010 - | Obama to sell auto bailout good news in Michigan (AP)
AP - President Barack Obama is going to the heart of the U.S. auto industry to push an important election-year claim: his administration's unpopular auto industry bailout has turned into an economic good-news story.
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| 7/30/2010 - | Honda posts record quarterly profit on sales rise (AP)
AP - Honda's quarterly profit ballooned to 272.4 billion yen ($3.2 billion) and the carmaker raised its full year earnings forecast as sales grew in North America, Japan and the rest of Asia. |
| 7/29/2010 - | Tenneco , (Investor's Business Daily)
Investor's Business Daily - Tenneco , an auto parts maker, swung to a Q2 profit of 62 cents ex items, topping views by 18 cents. Revenue rose 36% to $1.5 bil, above views. Tenneco, which makes emission control products, shock absorbers and other components, climbed 7.6% to 25.97. |
| 7/29/2010 - | Obama: We'll get back money from auto bailout (AP)
AP - President Barack Obama said the government will recover all the taxpayer money his administration provided to bail out the auto industry last year.
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| 7/29/2010 - | UAW head: GM to file paperwork in August for IPO (AP)
AP - General Motors Co. will file paperwork in mid-August to start the process of selling stock to the public, the head of the United Auto Workers union said Thursday. |
| 7/29/2010 - | White House: car bailouts saved a million jobs (AFP)
AFP - The White House on Thursday said its multi-billion dollar auto industry bailout had saved a million jobs and brought the fabled sector back from the brink of collapse.
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| 7/29/2010 - | Toyota recalls 412,000 cars in US to fix steering (AP)
AP - Toyota is recalling nearly half a million cars, most of them large sedans sold in the U.S., for problems that can cause the steering wheel to lock up. It's the latest indication that the automaker is still struggling with vehicle problems even as it works to overhaul quality control.
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