Posts Tagged ‘United States’

Non-Chrysler dealers may get Fiat franchises

Some non-Chrysler Group dealers may receive franchises to sell Fiats, according to Sergio Marchionne, CEO of Fiat and Chrysler. Fiat franchisees could also get the Alfa Romeo franchise, which will return to the United States in 2012.

Tags: , , , , , , , , , , , , ,

Obama to pitch early success of auto bailouts

President Obama visits Michigan – the heart of the U.S. auto industry – today on a mission to convince taxpayers that their investment in the bailouts of General Motors Co. and Chrysler Group LLC will bring a return.

Tags: , , , , , , , , , , , , , ,

Obama: Auto industry revival justifies bailouts

President Barack Obama, in the heart of the U.S. auto industry, told a crowd of workers that the government bailouts of General Motors Co. and Chrysler Group LLC are giving taxpayers a return on their investment.

Tags: , , , , , , , , , , , , ,

Honda raises forecasts after profit is boosted by U.S., China

Honda posted its best quarterly operating profit in nearly 3 years today on brisk sales in the U.S., China and other Asian markets. The automaker also raised its forecasts despite a sharp rise in the yen.

Tags: , , , , , , , , ,

Lithia to pass on Fiat stores

Lithia derives almost 30 percent of its sales from Chrysler Group brands but doesn’t plan to seek much Fiat business as the Italian automaker prepares to reenter the U.S.market.

Tags: , , , , , ,

Lithia to pass on Fiat stores

Lithia derives almost 30 percent of its sales from Chrysler Group brands but doesn’t plan to seek much Fiat business as the Italian automaker prepares to reenter the U.S.market.

Tags: , , , , , ,

Obama: Taxpayers to recover auto industry bailout funds

In exchange for U.S. bailout money that reached $85 billion, the auto industry has been restructured, and ‘you now have all those auto companies showing a profit,” Obama said.

Tags: , , , , , , ,

VW’s profit quadruples on U.S., China demand

Volkswagen reported the biggest quarterly profit in 2 years on higher demand in China and the U.S. for the Golf compact and Audi A5 coupe. Second-quarter net income quadrupled to $1.63 billion, the company said.

Tags: , , , , , , , , ,

Toyota to recall 412,000 cars in U.S.

Toyota will recall 412,000 high-end passenger cars in the United States to fix steering problems.

Tags: , , , , , , ,

Nissan, Hyundai profits soar; U.S., China seen slowing

Nissan Motor Co. and Hyundai Motor Co’s forecast-beating quarterly profits may prove tough to match in the second half as robust sales in China and elsewhere start to slow. A patchy recovery in the U.S.

Tags: , , , , , , , , , ,

After 30 years, Fiat ready for U.S. return

The Fiat brand returns to North America in December after an absence of nearly three decades. Depending on the source providing the information, Fiat wants to sell between 50,000 and 100,000 vehicles in North America in 2011.

Tags: , , , ,

At Tesla, no dealers? No problem

As Tesla Motors seeks to fuel growth with the cash from its successful stock offering, it’s moving into unexplored territory. The Silicon Valley electric car maker remains largely unknown to U.S. consumers.

Tags: , , , , , , , , , ,

Rejected dealers consider congressional action after U.S. audit of GM, Chrysler terminations

A group of activist dealers rejected in the Chrysler and General Motors bankruptcies is contemplating going back to Congress to seek justice after a federal audit questioned the criteria used to terminate dealers, as well as the automakers’ claims…

Tags: , , , , , , , , , ,

Volt ads will test GM, new marketing chief

General Motors has begun advertising for one of the most highly anticipated model launches in years, the Chevrolet Volt plug-in hybrid. The ‘Shattering Status Quo’ campaign teases the Volt and will be a big test for GM’s new U.S.

Tags: , , , , , , , , , ,

U.S. commercial truck sales up 10% in June

Sales of medium- and heavy-duty trucks in the United States rose 10 percent in June from a year earlier to 22,096 units. Commercial-truck sales have risen every month this year, after almost three years of declines.

Tags: , , , ,

Toyota complaints fall as U.S. reviews intensify

Complaints to U.S. regulators of unintended acceleration in Toyota Motor Corp. vehicles are down sharply as separate government and expert reviews of the matter move forward.

Tags: , , , , , , , ,

Toyota has fix for minivans recalled for spare-tire corrosion

Toyota Motor Corp. said it has a repair about 600,000 Sienna minivans recalled in the U.S. three months ago for possible corrosion in a cable that holds the spare tire.

Tags: , , , , , , , , ,

Report: Honda may kill Japanese version of Acura RL

Honda Motor Co. is preparing to stop selling its Legend sedan in its home market, a Japanese newspaper reported today. The vehicle, rebadged as the Acura RL for the United States, is the Acura brand’s flagship sedan despite lackluster sales.

Tags: , , , , , , , , , , , ,

BMW transfers Pitney to U.S. regional sales post, seeks marketing chief

BMW of North America has moved two top executives into new positions in a shift that leaves the automaker searching for a marketing chief. Jack Pitney, 47, becomes vice president for BMW’s eastern region, its largest sales zone.

Tags: , , , , , , , , , ,

Detroit automakers idle plants because of hurricane-related parts shortages

Highway linking Monterrey, Mexico and the Nueva Laredo border crossing #8211; the crossing through which most U.S.-Mexico trade travels #8211; was shut down for much of the past week because of flooding.

Tags: , , , , , , , , , , ,

Toyota extends warranties, pledges repairs on 735,000 cars

Toyota Motor Corp. said Wednesday it will extend warranties on about 235,500 RAV4 vehicles and address steering complaints on as many as 500,000 late model Matrix and Corollas in the United States.

Tags: , , , , , , , , , , , ,

Nissan to halt two U.S. plants for three days on parts delay

Nissan Motor Co. said it will halt production at two U.S. plants for three days because of a delay in getting parts from Hitachi Ltd. The plants in Smyrna, Tenn., and Canton, Miss.

Tags: , , , , , , , , , ,

Toyota to fix over 735,000 cars outside recall

Toyota Motor Corp. said today it will extend warranties on about 235,500 RAV4 vehicles and address steering complaints on as many as 500,000 late model Matrix and Corollas in the United States.

Tags: , , , , , , , , , , ,

Nissan-Renault hires former Toyota, Chrysler boss Jim Press as adviser

The Renault-Nissan alliance has hired Jim Press, former head of Toyota’s U.S. unit, as a consultant for the group’s global sales and marketing.

Tags: , , , , , , , , , , , , ,

Toyota finds most sudden acceleration crashes are driver error

Company is exploring cause of unintended acceleration in select models and has recalled more than 8 million worldwide for defects such as pedals that stuck or snagged on floor mats. U.S.

Tags: , , , , , ,

 
© Copyright 2010 Virtual Project Manager, Inc., all rights reserved.