Small fish department
Porsche, which has annual revenues of $9.3 billion but makes the highest margins in the business, upped its stake in VW, which has revenues of $138 billion but some of the slimmest margins in the business. Porsche owns 27 percent of VW.
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After the collapse of alliance talks with GM, the globetrotting CEO is going it alone - at least for now. (more)
Kerkorian selling his stock removes a big psychological barrier. But beleaguered General Motors CEO Rick Wagoner still faces many hurdles ahead. (more)
After five years, most cars are worth a fraction of their original cost. These models do the best, according to Kelley Blue Book. (more) |
