Everyone knows that asset prices are being supported by central bank money printing called quantitative easing. Central banks such as the Federal Reserve(FRB), Bank of England(BOE), and now the Bank of Japan(BOJ) are printing money at unprecedented levels. When a country can buy its own debt from money created out of thin air that money will then go into stocks and inflate the equity markets. ...
Driverless cars are no longer science fiction — they're reality.
California became the second state (the first was Nevada) to approve autonomous, self-driving cars on the road. Jerry Brown, governor of California, signed the bill at Google's (GOOG) headquarters in Mountain View, Calif., on Tuesday.
April's auto sales, combined with the ISM report on manufacturing and data on construction spending, should help allay some of the concern over growth slowing in the second quarter.
It seems that Google Inc (NASDAQ:GOOG), the search engine giant is tired of its dominance over the internet, that it has started making inroads in to the auto industry.
Toyota (NYSE: TM) revealed on Monday that it has a new framework for vehicle development that is aimed at making its vehicles more appealing, simultaneously cutting costs by 30% through shared parts.
Toyota (NYSE: TM) announced today that it would cut its 2011 profit forecast by 54% as floods in Thailand affected its supply chain and the company estimated that production would fall by 230,000 vehicles due to the shortfall.
This morning, September retail sales came out, sharply better than expected, thanks in large part to extremely strong auto sales. This begs the question, is the economy really that bad?
Cleantech Transit, Inc. (CLNO)
Cleantech Transit, Inc. (CLNO) is pleased to announce it has met its funding requirement to secure the Company's ability to earn in 25% of the 500KW Merced Project.
