Archive for September, 2009

Saturn sales history, 1990-2009

When Saturn was conceived in the 1980s, GM planned to sell 500,000 a year. The goal was never reached

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Ford has room to grow in U.S., Europe, Mulally says

Ford Motor Co. has room for steady growth in its share of the North American and European auto markets, CEO Alan Mulally said today. Ford, the only large U.S.

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Chrysler dealer talks said to be ‘constructive’

Chrysler Group’s first talks with dealer groups over a possible compromise on store closings broke up without any agreement but left dealers and lawmakers feeling encouraged.

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Chrysler Financial lays off 360

Chrysler Financial said today that it is laying off about 12 percent of its 3,000-strong U.S. work force or about 360 employees. The layoffs will affect both the company’s field offices and its Detroit headquarters.

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Saturn dealers plot a future without GM — again

Some Saturn dealers say they will look for other franchises now that Penske Automotive has canceled its plans to buy Saturn from GM, while others say they’ll wait and see whether Penske revives the deal.

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Penske runs into Saturn’s historic wall: Product

Roger Penske’s 11th-hour decision to pass on acquiring General Motors Co.’s Saturn brand marks a sad continuation of the same problem that has dogged Saturn for a decade: a lack of products.

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Fiat to create Ram brand, rush new Chrysler models

Fiat S.p.A. will rush the first all-new Chrysler model to the U.S. market by the end of 2011 and create a new Ram brand for its truck line under a revival plan for Chrysler Group that will be shown to the U.S.

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Penske runs into Saturn’s historic wall: Product

Roger Penske’s 11th-hour decision to pass on acquiring General Motors Co.’s Saturn brand marks a sad continuation of the same problem that has dogged Saturn for a decade: a lack of products.

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NEWS ANALYSIS

Roger Penskeand#8217;s 11th-hour decision to pass on acquiring General Motors Co.and#8217;s Saturn brand marks a sad continuation of the same problem that has dogged Saturn for a decade: a lack of products.

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Saturn dealers plot a future without GM — again

Some Saturn dealers say they will look for other franchises now that Penske Automotive has canceled its plans to buy Saturn from GM, while others say they’ll wait and see whether Penske revives the deal.

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Chrysler dealer talks said to be ‘constructive’

Chrysler Group’s first talks with dealer groups over a possible compromise on store closings broke up without any agreement but left dealers and lawmakers feeling encouraged.

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Chrysler Financial lays off 360

Chrysler Financial said today that it is laying off about 12 percent of its 3,000-strong U.S. work force or about 360 employees. The layoffs will affect both the company’s field offices and its Detroit headquarters.

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Chrysler Financial lays off about 360

Chrysler Financial said today that it is laying off about 12 percent of its 3,000-strong U.S. work force or about 360 employees. The layoffs will affect both the companyand#8217;s field offices and its Detroit headquarters.

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GM will wind down Saturn after savior Penske bows out

General Motors Co. said it will begin to phase out Saturn — the car company conceived more than 25 years ago to fend off imports — after bidder Penske Automotive Inc. failed to secure a source of vehicles to keep the brand afloat.

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Penske drops Saturn bid; GM to pull plug on dealer network

Penske Automotive Group Inc. canceled plans to acquire General Motors Co.’s Saturn, a move that looks likely to put the brand out of business.

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Ford has room to grow in U.S., Europe, Mulally says

Ford Motor Co. has room for steady growth in its share of the North American and European auto markets, CEO Alan Mulally said today. Ford, the only large U.S.

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Congressman seeks new federal floorplan lending

A key congressman has asked the Obama administration, General Motors Co. and Chrysler Group to consider expanding floorplan financing. Rep. Dan Maffei, D-N.Y.

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Toyota recall may prove costly to company’s image

Toyota Motor Corp. says it’s too early to estimate the cost of its largest U.S. recall ever, but analysts suspect the bigger worry is damage to the automaker’s image. On Tuesday, Toyota said it will recall some 3.

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Toyota recall may prove costly to company’s image

Toyota Motor Corp. says it’s too early to estimate the cost of its largest U.S. recall ever, but analysts suspect the bigger worry is damage to the automaker’s image. On Tuesday, Toyota said it will recall some 3.

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Clunkers clearance may set stage for Detroit 3 comeback

The cash-for-clunkers program helped position Detroit automakers for the coming recovery in auto sales after years of business mistakes, an auto analyst said today.

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Clunkers clearance may set stage for Detroit 3 comeback

The cash-for-clunkers program helped position Detroit automakers for the coming recovery in auto sales after years of business mistakes, an auto analyst said today.

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GM Volt chief Kruse leaves to become a consultant

Bob Kruse, one of the key architects of General Motors’ Chevrolet Volt program, quit his position Tuesday to start a consulting firm. The plug-in Volt hybrid is widely viewed as one of the most important vehicle launches in GM’s history.

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GM Volt chief Kruse leaves to become a consultant

Bob Kruse, one of the key architects of General Motors’ Chevrolet Volt program, quit his position Tuesday to start a consulting firm. The plug-in Volt hybrid is widely viewed as one of the most important vehicle launches in GM’s history.

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Honda fine-tunes CR-Z, polishes green-car credentials

Honda Motor Co., aiming to steal the green-car mantle from rival Toyota Motor Corp., will show a near-production version of its highly anticipated CR-Z sporty hybrid at next month’s Tokyo Motor Show, as well as a compact electric concept vehicle.

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Honda fine-tunes CR-Z, polishes green-car credentials

Honda Motor Co., aiming to steal the green-car mantle from rival Toyota Motor Corp., will show a near-production version of its highly anticipated CR-Z sporty hybrid at next month’s Tokyo Motor Show, as well as a compact electric concept vehicle.

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