At Auto Show, the Economy Leads Concerns
January 14, 2008
Although companies are doing their best to highlight innovation at this year’s Detroit auto show, the biggest question seems to be how much lower U.S. automakers’ sales will go in 2008 and how declines could effect the general economy.
Recent News
Costco’s Hot Dog Remains at $1.50 Despite Prices Spiking Elsewhere
Over the last few years, inflation has caused prices to creep up and impact pretty much everything. However, Costco is still keeping the price of its hot dog-soda deal where it is.
Home Depot Acquires SRS for $18.25B, Boosting Pro Sales
Home Depot recently announced its acquisition of SRS Distribution for a whopping $18.25 billion. This hefty investment marks the company’s boldest stride yet to seize a larger share of the professional market, particularly targeting contractors and roofers.
GameStop Faces Sales Slump, Implements Job Cuts
GameStop has recently undergone job cuts due to a notable decline in sales, as announced amid its latest financial report.
Subaru Recalls 118K Vehicles Due to Air Bag Sensor Issue
Subaru is recalling 118,000 SUVs and sedans in the United States due to a faulty sensor that might hinder air bag deployment during a crash, as per the National Highway Traffic Safety Administration (NHTSA) announcement on Wednesday.