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Jo-Ann Stores is posting impressive sales and earnings numbers and is an example of a retail sector on which Walmart doesn't have a steel grip.
Even smart people make financial moves that are downright illogical. Emotions and superstitions have a sneaky way of keeping you from rational financial decisions. But dumb choices can have serious, real-world consequences. Here are some of the biggest blunders we all make, plus tips from the experts on how to keep cool.
Autoline Daily - Video
Get an inside look at the global auto business with Autoline Daily. From the morning’s top news to in-depth industry analysis, Autoline Daily covers the auto beat like no other media. Available every weekday, it’s your outlet for the latest industry buzz. Autoline Daily, firing on all cylinders so you never miss a beat -- subscribe now!
- Episode 294 - Saab Is Going To Die, Slow Chrysler Recovery, Fiat’s Transit Connect
GM announced it was not able to put a deal together to sell Saab. Chrysler’s CEO Sergio Marchionne says it’s going to take two years for the company to turn around. Fiat’s Doblo could be Chrysler’s answer to the Ford Transit Connect in North America. All that and more, plus master spy photographer Jim Dunne talks how he had his face plastered on wanted posters. - Episode 293 - Honda Lawsuit, Automakers Look To Partner Up, NACTOY Finalists Announced
Honda faces lawsuit from 26 states over inflated mileage claims for the Civic hybrid. Car companies are seeking out partners to cut costs. The North American Car & Truck of the Year jury announces its finalists. All that and more, plus some of John's thoughts on Lincoln’s new MKT crossover. - Episode 292 - 2010 Car Sales Could Soar, GM To Repay Sooner, OnStar Tracks Santa Claus
One analyst says pent-up demand and easier credit could lead to a car sales jump of 20 percent next year in the U.S. GM chairman Ed Whitacre announced that the company will repay all its government loans by next June. At the push of a button, OnStar will tell you where Santa Claus is. All that and more, plus John answers your questions in the "You Said It!" segment. - Episode 291 - New Proposal May Hurt Toyota, Audi: EV Hype Overblown, 500 Can Only Be A Fiat
Toyota could be forced to sell off Daihatsu, it subsidiary that makes small cars, and Hino, it’s subsidiary that makes medium and heavy trucks. Audi's president of North America, Johan de Nysschen, criticized the U.S. Government for "falling in love" with electric vehicles. Sergio Marchionne explains why the Fiat 500 will be sold as a Fiat and not a Chrysler in the U.S. - Episode 290 - Saab Saga Almost Over, Plug-In Prius, Battery Free Hybrid
GM has finalized a deal to sell some of Saab's tooling and equipment to Chinese automaker Beijing Auto, however, sports car company Spyker is still in talks to get the rights to the Saab name and the rest of its assets. Toyota says it will start selling plug-in versions of the Prius in two years. All that and more, plus a look at a hybrid system that doesn’t use any batteries at all. - Episode 289 - Big 3 Upset At Japan, Spyker Bids On Saab, Big Toyota Announcement
The Big 3 are complaining Japan is discriminating against them with its cash for clunkers program. Exotic sports-car maker Spyker says it is bidding on Saab. Toyota will make a major announcement about expanding its hybrid vehicle lineup at the Detroit Auto Show next month. All that and more, plus a look at an ultra-efficient concept car from Volkswagen. - Episode 288 - More Changes At GM, China Renews Car Subsidies, A Paper Car Battery?
The heads of both Chevrolet and Buick-GMC are leaving General Motors. The Chinese government announced it will continue stimulus measures to help car sales. Scientists at Stanford University have made a working battery out of paper. All that and more, plus we’re going to take a look at a radically new type of engine. - Episode 287 - VW Buys Suzuki Stake, Ford to Move Hybrids to MI, Mercedes SPLITVIEW Screen
Volkswagen purchased close to 20% of Suzuki. Ford is seeking aid from the state of Michigan to help it research and produce lithium-ion batteries in the state. Mercedes comes out with new technology to split the screen on Nav systems. All that and more, plus John answers your questions in the "You Said It!" segment. - Episode 286 - EPA Emissions Ruling, Challenger Dethrones Prius, Danica Heads To NASCAR
The EPA ruled that greenhouse gasses threaten the public health and welfare of the American people. The Dodge Challenger was just rated the most satisfying vehicle by Consumer Reports readers. Danica Patrick will race in NASCAR next year. All that and more, plus a closer look at the electric version of the Mini. - Episode 285 - GM Management Changes, Another Toyota Recall?, Mercedes Predicts Strong Sales
More management changes at General Motors. NHTSA is investigating complaints of stalling engines on the 2006 Toyota Corolla and Matrix. Mercedes expects fourth-quarter sales to grow "significantly." All that and more, plus a look at a BMW’s new "college." - Episode 284 - GM Expands In India, Suzuki's Kizashi Challenge, Unique Traffic Light
GM and its Chinese partner SAIC will form a new joint venture in India. Suzuki is offering a special incentive if you test drive its new Kizashi sedan. A designer has come up with a unique stoplight with a built-in timer. All that and more, plus John gives you the latest news from the LA Auto Show. - Episode 283 - New Volvo Bid, Ford & Mazda Separate?, LA Auto Show Update
A consortium led by two former Ford executives submitted a revised bid for Volvo. Ford said it will be moving away from developing vehicles with Mazda in the future. All that and more, plus McElroy brings you the latest news from the floor of the LA Auto Show. - Episode 282 - Henderson Shown The Door, November Car Sales, Audi A8 Unveiled
Yesterday CEO Fritz Henderson resigned from General Motors. November sales for the U.S. are in and even though sales are down from October there are some encouraging signs. Audi debuted its brand-new A8 in Miami. All that and more, plus John fills you in on the latest from the LA Auto Show. - Episode 281 - Sales Soar In Asia, New NHTSA Leader, EPA Debates Ethanol Blend
Car sales are soaring in Japan, India and China. President Obama is expected to announce his nomination to head NHTSA. The EPA is expected to announce, whether or not to increase the ethanol blend that's mixed in gasoline. All that and more, plus a look at the Volkswagen’s hydrogen-powered Tiguan. - Episode 280 - Sweden's Automakers In Turmoil, Nissan Working On New Battery, New Mustang Engine
New developments in regards to the future of both Saab and Volvo. Nissan said its working on doubling the range of its lithium-ion battery for electric vehicles. Ford announced that the Mustang will get a brand-new base engine for 2011. All that and more, plus a look at Volkswagen’s redesigned Golf. - Episode 279 - Saab On Its Deathbed, China Sales To Soar, Most Drivers Ignore Recalls
Swedish luxury automaker Koenigsegg announced that it was pulling out of its deal to buy Saab. Auto sales in China are expected to grow by 1 million units per year for the next 10 years. Why most consumers will ignore Toyota’s latest recall. All that and more, plus German Chancellor, Angela Merkel waits for her thank-you letter from General Motors. - Episode 278 - Slow Sales Expected Next Year, Toyota To Cut In CA, Aid To Opel Questioned
Car sales may not go up as much as initially thought in the American market next year. Toyota is considering moving a significant amount of employees out of California in order to cut costs. A German supplier executive says don’t give aid to Opel because it will hurt other European automakers. All that and more, plus a look at the all new Suzuki Kizashi. - Episode 277 - Germany Warns About Opel Aid, China Sales May Slow, LA Auto Show Preview
Germany is warning other European governments not to provide aid to GM in exchange for preserving Opel jobs in their countries. Sales in China could slow down considerably next year, or maybe not at all. A preview of a couple of the products that will be grabbing headlines at next week's LA Auto Show. All that and more, plus a look at new Lincoln MKT and how it can park itself. - Episode 276 - Germany Upset At GM, Toyota's Pedal Solution, Chrysler Eyes Quality
A number of German p