Conspiracy or Coincidence
January 27, 2010
– Comments (2)
Jan. 26 (Bloomberg) -- Fiat SpA, Italy’s biggest manufacturer, plans a two-week production halt at its five domestic car factories starting late next month after vehicle orders declined in January.
Fiat’s orders for new cars this month are “even lower” than a year earlier, an official at the Turin-based company said today by phone, declining to specify figures.
http://www.bloomberg.com/apps/news?pid=20601085&sid=aYbD8CKJoqsQ
NOW THIS.......
WASHINGTON (AP) -- Toyota suspended U.S. sales of some of its most popular vehicles -- including the best-selling car in America, the Camry -- to fix sticking gas pedals that could make the cars accelerate without warning.
In another blow to the world's No. 1 automaker, Toyota Motor Corp. said Tuesday it would halt some production at six assembly plants beginning the week of Feb. 1 "to assess and coordinate activities."
http://finance.yahoo.com/news/Toyota-halts-US-sales-of-apf-2630574682.html?x=0
Probably just a coincidence.......those Italians always shoot off the line too early anyway.