competition

Daimler lowers 2012 outlook as Q3 net profit slips

By JUERGEN BAETZAssociated Press BERLIN (AP) - German automaker Daimler AG lowered its full-year earnings target Wednesday after its third quarter net profit declined 11 percent to €1.20 billion ($1.6 billion) from €1.36 billion a year ago. The bad news for shareholders came as the company'

Bailout, layoffs: New pain ahead for EU carmakers

By LORI HINNANTAssociated Press PARIS (AP) - The extent of the European car industry's troubles was laid bare Wednesday, when France's government tossed a financial lifeline to the continent's No. 2 automaker, Peugeot Citroen, and Ford said it would shut a plant in Belgium, cutting

iPad Mini: Apple enters the budget tablet market … with the most expensive budget tablet

By Andy BoxalProvided by Apple had heard tales of some ordinary people who not only didn't want to spend $500 on a tablet, but also liked a 7-inch screen size too. However it didn't believe such silly stories, and filed them away in the same drawer as ghosts and goblins. Then, Amazon and

iPad Mini: Apple enters the budget tablet market … with the most expensive budget tablet

By Andy BoxalProvided by Apple had heard tales of some ordinary people who not only didn't want to spend $500 on a tablet, but also liked a 7-inch screen size too. However it didn't believe such silly stories, and filed them away in the same drawer as ghosts and goblins. Then, Amazon and