-
Recent Posts
- Honda Racing has a New UK Formula One Base
- Hyundai 2025 Santa Cruz Debuts in New York
- PEVE to Become Toyota Battery Company
- Home EV Charging More Satisfying Than Public Charging
- Workers File Union Busting Charges Against Mercedes-Benz
- EPA Issues PFAS Test Order with Immediate Effect
- VW Chattanooga UAW Vote Set for April 17-19
- New Dodge Charger, Chrysler 300, Ram ProMaster Recalls
- Bentley CEO Adrian Hallmark Abruptly Leaves
- Toyota to Build New Tokyo Corporate Headquarters
- Chattanooga VW Workers Want UAW Election
- March US Vehicle Sales Up. Record Q1 Consumer Spending!
- Chinese Junk Watch – Starbucks Mugs Recalled
- Department of Commerce Proposes $8.5B Intel Funding
- EPA Finalizes Vehicle Pollution Standards for 2027-32
Recent Comments
- United Auto Workers Union on EPA Finalizes Vehicle Pollution Standards for 2027-32
- Sam Fiorani on Bidenomics and the State of the Union
- Gary Wilson on GM Expands Airbag Recalls Over Supplier ARC’s Objections
- UAW Local 862 on Ford CEO Jim Farley on UAW Contract Ratification
- Michelle Krebs, Executive Analyst at Cox on Toyota Motor Q3 Profit Soars to ¥4.24 Trillion
Archives
Meta
Tag Archives: rmb
Taxpayers to Turn Profit from Controversial TARP Bailouts
TARP, arguably the most contentious of the Federal government’s attempts to stop the U.S. and global economies from sliding into another Great Depression or worse, prevented the collapse of the financial system by bailing out profligate and reckless Wall Street firms. To date not one person has been successfully prosecuted for the rampant financial fraud that caused the housing and stock markets to collapse. Continue reading
Ford Extends Its $9 billion Revolving Credit Line with Lenders
In a separate transaction, Ford announced its first renminbi-denominated bond issue aimed at RMB investors in Hong Kong, Singapore and elsewhere outside the United States, with total proceeds of RMB 1 billion or about USD $158 million. Ford is losing money in the Asia-Pacific region. In the fourth quarter of 2011, Ford Asia Pacific Africa reported a pre-tax operating loss of $83 million, compared with a profit of $23 million a year ago. Continue reading
Posted in auto news, economy, financial results
Tagged auto informed, autoinformed.com, automotive news, ford bonds, ford debt, ford dividend, ford motor, Ken Zino, renminbi, rmb
Leave a comment
General Motors Sets Sales Record in China. Ford Up too
Both General Motors and Ford Motor finished 2011 with strong performances in China, the world’s largest automarket for the past three years. GM and its joint ventures sold a record 2,547,171 vehicles up 8.3% from the previous high of 2,351,610 … Continue reading
Posted in auto news, news, news analysis, results, sales
Tagged auto informed, autoinformed.com, automotive news, china, china auto sales, currency value, ford china, gm china, Ken Zino, results, rmb, wto
Leave a comment