Articles by Benjamin Reeves

CAW And Detroit Three Reach Tentative Agreement

The Canadian Auto Workers (CAW) reached an agreement with Chrysler Group LLC, Thursday. The agreement mirrored prior agreements with Ford Motor Company (NYSE: F) and General Motors Company (NYSE: GM).

Copper Prices Slip But Remain Near 4 1/2-Month High

London copper slipped on Monday, but still retained most of the previous session's steep climb to a 4-1/2 month top as a new round of U.S. monetary stimulus measures and a weak dollar continued to support prices.

Why GM Actually Is Getting Its Money's Worth From The Chevy Volt

General Motors Company (NYSE: GM) may be losing money on the Chevy Volt at present, but the long-term benefits of early R&D in electric vehicles, improvements to brand image and improving sales volumes should ultimately make it a wise decision for the company.

US Car Sales Indicate Economic Recovery in August

Global carmakers reported robust sales growth in August, indicating improving consumer sentiment and demand by small businesses and contractors. Companies including Ford Motor Company (NYSE: F), General Motors Company (NYSE: GM), Honda Motor Co. (NYSE: HMC) and Toyota Motor Corporation (NYSE: TM) all reported major gains.

Global Car Companies Hunt Big Game In Africa's Growing Automotive Market

Global automakers from Renault SA (Paris: RNO) to Ford Motor Company (NYSE: F) to Chinese companies like Geely Automotive are all racing to get a piece of the long-term potential promised by Africa's burgeoning automotive market. The continent's economy is on the rise, and despite very real improvements in the quality of life and standards of living in many African countries, risks for multinational manufacturers remain.

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EDITOR'S PICK

Dollar Struggles As Recession Worries Simmer

The U.S. dollar remained weak on Thursday after sliding against major peers overnight for the first time this week as investors fretted about the potential for recession in the United States.