Stock market falls with Dow dropping more than 100 points in wake of concerns about Japan earthquake. Stock prices in Japan fall more than 6 percent.
Aftershocks for the economy include lost man-hours and sales. Japan will have to quickly rebuild infrastructure damaged by the quake and its aftershocks if its businesses are to rebound soon.
Stock market news is downbeat as traders, investors worldwide worry about rising oil prices, slowing growth.
Auto sales rose 27 percent from February 2010, but gas prices have also been rising. At a minimum, higher gas prices could affect car-buying preferences.
The 2011 Consumer Reports car issue recommends new models by familiar brands, including Toyota and Honda. And for value-conscious buyers, it offers this time-tested advice: Buy Used.
It’s Valentine’s Day, and those “sexiest cars” lists are rolling in. Silly? A little, but it’s too much fun not to play along. We looked at 2011 cars that were attainable (sorry, Dr. Porsche, Jaguar, Tesla), not overly obvious (Chevy Camaro, Ford Mustang, BMW 3-series), and sporting a noticeably new look. We like the Volvo C30, but it didn’t much improve a reliably pretty fleet. I haven’t driven all these vehicles, but over several years of test-driving I did race through several of these cars’ predecessors. You can still see the skid marks. Here, in random order, are my seven hot cars for Valentine’s Day 2011:
GM cars sold better in December than November – up 8.5 percent – but all of the Big Three had a rough year. 2010 was the second-worst year for domestic car sales since 1982.
A total of 66 cars were designated the 2011 safest cars, the Insurance Institute for Highway Safety announced Wednesday. They include 40 cars, 25 SUVs, and one minivan, which “do the best job of protecting people in front, side, rollover, and rear crashes,” the institute says. Here are the 2011 safest cars, listed alphabetically by automaker. Did your dream car make the cut?
SUVs from Honda have rear suspension brackets that could detach, if exposed to road salt.
Jeep Grand Cherokee has gotten positive media reviews, and sales of the Jeep Grand Cherokee in the third quarter were about double the pace of its predecessor. Chrysler said Monday that its profit outlook is improving.