Archive for the ‘Business Stories’ Category

Suzuki Files For Bankruptcy

BREA, Calif.–(BUSINESS WIRE)– American Suzuki Motor Corporation, the sole distributor in the continental United States of Suzuki Motor Corporation automobiles, motorcycles, all-terrain vehicles and marine outboard engines, today announced that it plans to realign its business to focus on the long-term growth of its Motorcycles/ATV and Marine divisions. Following a thorough review of its current […]

Why Volkswagen Is The Most Amazing Car Company In The Industry

By John McElroy Autoline Any efficiency expert studying Volkswagen would have a fit. On paper the company looks like a productivity basket case. Get this. VW AG employs 550,000 people globally. That’s a staggering number. Fortune magazine lists it as the 8th biggest employer in the world, behind giants such as Wall Mart and the […]

Cost of Hurricane Sandy Compared to Other Major US Disasters

Superstorm Sandy will ultimately be known as one of the costliest economic disasters ever experienced in the U.S. An estimated $50 billion will be lost as a result of the storm, says Mark Zandi,chief economist at Moody’s Analytics. Only Katrina, 9/11 and Hurricane Andrew suffered bigger economic losses, he says. In a teleconference and webcast this […]