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U.S. markets recover from steep losses
DETROIT, Jan. 9 (UPI) -- Ford Motor Co. may have only a few months left before it loses its ranking as the No. 2 carmaker in North America.
DaimlerChrysler AG's Chrysler Group appears poised to surpass Ford, perhaps as early as 2007, the Detroit Free Press reported Monday.
With two new Chrysler Jeep models to be unveiled soon and expected to sell well plus Ford's imminent announcement of capacity reductions, Ford could fall into third place soon.
"If Chrysler has some winners with its new products, it could pass Ford in North American production as soon as 12 months from now," said Sean McAlinden, chief economist for the Center for Automotive Research in Ann Arbor.
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CANBERRA, Australia, May 23 (UPI) --
Australia has passed legislation establishing the $10 billion Clean Energy Finance Corp. to provide grants and government investment to green projects.
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ORLANDO, Fla., May 23 (UPI) --
The U.S. Air Force has added Lockheed Martin to its list of companies for support of its medical services worldwide.
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The housing inventory rose slightly in April, which is unusual in the middle of the spring sales season. The uptick may be the result of rising seller confidence and it should ease concerns that the super tight inventory levels of the last six months...
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What if Europe turned out to be the new Japan?
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