Hyundai sees opportunity if U.S. economy weakens
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Hyundai Motor Co , South Korea's biggest automaker, expects to benefit from the precarious state of the U.S. economy as more consumers look for value propositions in their car purchase decisions, an executive with Hyundai's North American arm said on Monday.
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Hyundai Motor Co. , South Korea's top auto maker, said on Tuesday it plans to invest $270 million to build an engine plant at its U.S. car making unit in Alabama to serve growing demand in the world's No.1 auto market.
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The election Wednesday of former Hyundai executive may signal a review of South Korea's policy toward the North.
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Treasury Secretary Henry Paulson said on Monday the Bush administration was considering how to give the economy a boost as it weathers a housing correction, but didn't want to rush.
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There is a 40 percent chance that the United States economy will fall into recession next year, a senior analyst at Fitch Ratings said on Thursday.
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The higher crude prices could put a new drag on the economy at a time when it seems to be weakening.
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Swedish truck maker Volvo AB may stop expanding in Sweden and instead steer new investments in production capacity to the United States, the company's chief executive said Monday.
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Investor's Business Daily - When the U.S. began slowing last year some analysts began hoping for a trade-off.
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Hyundai Motor Co., South Korea's top auto  maker, posted a 37 percent fall in quarterly profit on Monday,  pressured by weaker domestic sales, a strong won currency and  high raw material costs.
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US car and truck sales are likely to rebound in December from a disappointing November, but the bulk of the gain is expected to come from Asian automakers, analysts said.
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Ford's chief executive says he is worried about the slowing US economy, and he may cut output as a result.
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Asia's economic growth is likely to be constrained by an expected slowdown in the U.S. economy and potential spillover from the subprime mortgage crisis, two economic forecasts released Thursday said.
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A cooling housing market is likely to trigger a slowdown in the U.S. economy next year and could weigh on the global economy as well, the International Monetary Fund said Thursday.
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The number 1 U.S. automaker slides as investors anticipate December sales results to be weak.
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Chryslerâs chief executive indicated it might be weeks or months before the automakerâs future can be determined.
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The top executive at General Motors Corp  said on Tuesday that the automaker was watching the downturn in the U.S. housing market closely and blamed the softness there for weakness in vehicle sales.
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A slowing  economy may be a drag on corporate profits, some analysts say.