U.S. auto sales increased by less than 1 percent in November for the industry’s first year-over-year gain without government incentives since October 2007.
Tags: Auto Sales, Government Incentives, New Auto, U S Auto, United States
Ford Motor Co. and Toyota Motor Corp. posted slight U.S. sales gains in November and Hyundai-Kia soared as the industry reported sales in line with its and#8220;new normal,and#8221; after a four-year decline and this summer’s cash-for-clunkers incentive.
Tags: Decline, Ford, Ford Motor, Ford Motor Co., Hyundai, Kia, S Sales, Soars, Strength Ford, Toyota, Toyota Motor, Toyota Motor Corp
Ford Motor Co.’s U.S. sales rose by less than 1 percent in November, for the automaker’s fourth gain in five months, as the industry was expected to post its second-strongest sales month of the year without the help of the cash-for-clunkers program.
Tags: Automaker, Five Months, Ford, Ford Motor, Ford Motor Co., Month Of The Year, S Sales, Signs, Strength Ford, United States
Major automakers are expected to report flat U.S. auto sales for November from a year ago — another sign the industry is on the mend after a bruising downturn that forced extensive restructuring early this year.
Tags: Auto Recovery, Auto Sales, Auto Show, Automakers, Downturn, Restructuring, U S Auto, United States
The Obama administration wants to increase to nine months the time allowed for crushing or shredding a traded-in vehicle under the cash-for-clunkers program, citing the burden placed on disposal facilities by the unexpected popularity of last…
Tags: Crushers, Feds, Nine Months, Obama, The Obama administration, Unexpected Popularity
The Obama administration wants to increase to nine months the time allowed for crushing or shredding a traded-in vehicle under the cash-for-clunkers program, citing the burden placed on disposal facilities by the unexpected popularity of last…
Tags: Crushers, Feds, Nine Months, The Obama administration, Unexpected Popularity
Peter Brown, who has steered the editorial operations of Automotive News for more than two decades, will become publisher Jan. 1.
Tags: Automotive News, Decades, Editorial Operations, Peter Brown, Publisher
Peter Brown, who has steered the editorial operations of Automotive News for more than two decades, will become publisher Jan. 1.
Tags: Automotive News, Decades, Editorial Operations, Peter Brown, Publisher
General Motors Co. has paid back all of an emergency loan it had received for Opel, regaining full control of the European brand and dissolving a trust that held a 65 percent stake in Opel.
Tags: Opel General Motors Co.
Volkswagen’s new Polo — slated to enter the U.S. market within three years — narrowly beat the Toyota iQ to win the 2010 European Car of the Year award.
Tags: Car New, Car Of The Year, European Car, European Car Of The Year, Iq, New Polo, S Market, Toyota, United States, Volkswagen, Volkswagen Polo, Vw Car, Vw Polo, Win Car, Wins
Hyundai Motor Co. may be growing globally despite the recession, but business in Japan is so bad the carmaker has decided to pull out after just eight years in the country.
Tags: Business In Japan, Carmaker, Hyundai, Hyundai Motor, Hyundai Motor Co, Japan, Japan Hyundai Motor Co., Recession, Setback
Major automakers are expected to report flat U.S. auto sales for November from a year ago — another sign the industry is on the mend after a bruising downturn that forced extensive restructuring early this year.
Tags: Auto Recovery, Auto Sales, Auto Show, Automakers, Downturn, Restructuring, U S Auto, United States
Ford Motor Co. had its plea to review a rollover-liability case rebuffed by the U.S. Supreme Court, leaving the automaker to pay the $55 million punitive-damage award.
Tags: Automaker, Court Case, Ford, Ford Motor, Ford Motor Co., Liability Case, Plea, Punitive Damage Award, Supreme Court, U.S. Supreme Court, USD
Ford Motor Co. had its plea to review a rollover-liability case rebuffed by the U.S. Supreme Court, leaving the automaker to pay the $55 million punitive-damage award.
Tags: Automaker, Ford, Ford Motor, Ford Motor Co., Liability Case, Plea, Punitive Damage Award, Supreme Court
Ford Motor Co. today had its plea to review a rollover-liability case rebuffed by the U.S. Supreme Court, leaving the automaker to pay the $55 million punitive-damage award.
Tags: Automaker, Ford, Ford Motor, Ford Motor Co., Liability Case, Plea, Punitive Damage Award, Supreme Court, U.S. Supreme Court, USD
Two auto suppliers have used the bankruptcy code to revamp at least 80 percent of their customer contracts, bucking the norm of most automotive bankruptcies seen this year. Both companies, Recticel North America Inc.
Tags: Auto Suppliers, Bankruptcies, Bankruptcy Code, Customer Contracts, Norm, North America Inc, Recticel North America Inc., Tactic
Two auto suppliers have used the bankruptcy code to revamp at least 80 percent of their customer contracts, bucking the norm of most automotive bankruptcies seen this year. Both companies, Recticel North America Inc.
Tags: Auto Suppliers, Bankruptcies, Bankruptcy Code, Customer Contracts, Norm, North America Inc, Recticel North America Inc., Surprise, Tactic
Saab CEO Jan Ake Jonsson and officials from the Swedish government traveled to Detroit ahead of a GM board meeting on Tuesday to decide the brand’s fate. Bidders interested in Saab include Beijing Auto, Renco Group and Merbanco.
Tags: Ake, Beijing, Bidders, Board Meeting, Carmaker, Ceo, Detroit, Fate, Gm, Jan-Ake Jonsson, Merbanco, Plea, Renco Group, Saab, Swedish Government, Swedish Officials
India’s Tata Group is planning to produce hybrid versions of its Nano, billed as the world’s cheapest car, to join in the environment-friendly trend, its chairman said in an interview with a South Korean newspaper.
Tags: cheapest car, Hybrid Versions, India, Korean Newspaper, Launch, Nano, Tata Group, Trend
Despite all the talk of new Fiat-based cars, the Fiat-controlled Chrysler Group expects to keep a truck-heavy vehicle mix similar to today’s lineup.
Tags: Big Trucks, Chrysler, Chrysler Group, Chrysler Trucks, Fiat, Fiat Cars, Heavy Vehicle, New Cars, New Trucks
If you want to know where more than 150,000 annual pickup sales went, picture a certain buyer. This consumer — probably a guy, so let’s call him “he” — owns a full-sized crew cab pickup.
Tags: Crew Cab Pickup, Pickup Truck
Beijing Automotive Industry Holding Corp. might still be interested in buying Saab, the Chinese car company’s general manager said today. Asked by reporters whether BAIC would consider approaching General Motor Co.’
Tags: Automotive Industry, Beijing, Buying Car, car, Car Company, General Motor Co., Motor Co, Saab, Saab Beijing Automotive Industry Holding Corp., Stay Tuned
Subaru maker Fuji Heavy Industries continues to charge ahead in the key U.S. market with sales seen jumping by a fifth this month, but it faces a lot of work to boost its earnings power, its CEO said on Friday. Fuji Heavy, owned 16.
Tags: Ahead, Boosts, Ceo, Earnings, Fuji Heavy Industries, S Market, Subaru, United States
Zhejiang Geely Holding Group has agreed with Ford Motor Co. on intellectual property rights issues in its bid for Volvo, a Europe-based Geely spokesman said last week.
Tags: Bid, Europe, Ford, Ford Motor, Ford Motor Co., Geely Holding Group, Intellectual Property Rights, Spokesman, Volvo, Zhejiang, Zhejiang Geely Holding Group
Magna wants at least 400 million euros ($600 million) in compensation from Porsche for canceling a contract to assemble Porsche’s Boxster and Cayman models in Magna’s Austrian factory, a newspaper reported.
Tags: Boxster, Cayman, EUR, Magna, Magna's Austrian factory, Models, Porsche, Porsche Boxster, USD