Source  http://www.theautoinsurance.com/
Tag: GM
Car Made in America
Car Manufacturers Around the World
Japan still reigns supreme as the country that manufactures the most automobiles. And based on the country’s current production, it doesn’t look as if Japan is going to surrender this title anytime soon.
That doesn’t mean that China, the United States and Germany are slouches. These countries, which rank second, third and fourth, continue to produce a significant number of automobiles each year, too.
Japan produced more than 11.5 million vehicles in 2008. That gave the country a healthy lead on runner-up China, which produced more than 9.3 million vehicles. The United States, even with its down economy and domestic automaker problems, wasn’t too far behind China. The country produced more than 8.7 million vehicles in 2008.
Source : www.theautoinsurance.com
Rise & Demise of Companies in The Economic Crisis
Wondering what companies made the most money in 2009? Look no further than your car’s gas tank. Companies involved in the oil business dominate the list of the most successful worldwide businesses of 2009. And if you’re looking for those companies that suffered the biggest losses after the economic crisis of 2009, you’d do well to focus your attention on the housing and auto industries. The list of the top-10 biggest losers of the year is dominated by companies working in these businesses.
The names of the biggest winners and losers of 2009 shouldn’t be much of a shock to anyone who followed the news coverage of the country’s continuing economic slump. For instance, the biggest loser of 2009 was insurance giant AIG, which posted a loss of more than $99 billion dollars in 2009. AIG had reported a healthy profit, of $9.3 billion, as recently as 2007. The insurance company, though, was at the forefront of the country’s economic crash, and received loads of bad press as it relied on a huge government bailout to stay afloat.
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