Toyota to Build $1.3 Billion SUV Plant in Mississippi This is about 10% of what Ford lost last year. Chump change I guess, for these players. But I have to ask myself why Americans are so sworn to buying Japanese cars, and can we somehow get a grip before we lose our entire auto industry? […]
Archive | business
First Thing Ever Sold on eBay?
First thing sold was a broken laser pointer for $14, sold by eBay creator Pierre Omidyar in 1995. Conveniently the negative feedback feature had not yet been created. [Link]
Ford hit by record $12.7bn loss
Newsflash! Consumers want fewer gas guzzlers, and finally, in 2007, after it’s largest loss in its 103-year history, Ford says it gets the message. Ford had previously put much weight on sales of pick-up trucks and SUVs, or sport utility vehicles, to generate profits. But a peak in the price of oil last year, which […]