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Tag Archive | "Auto Sales"
Ally to replace GMAC in August
WASHINGTON — After 91 years of loaning car buyers money, the GMAC brand will disappear in August and be replaced by Ally Financial, the company said Tuesday. The former lending arm of General Motors has been edging away from the GMAC name — once short for General Motors Acceptance Corp. — ever since it was spun [...]
Continue reading...New Law Protects Consumers From Non-Bank Lenders
Wednesday, July 21, 2010
President Obama says the safeguards against unfair lending in the new financial regulation overhaul he signed into law Wednesday will benefit not just consumers but the economy as a whole. That’s because the same risky lending that put consumers in jeopardy of losing their homes eventually sent shock waves all the way to Wall Street. [...]
Continue reading...Electric vehicles already influencing auto industry, including ICE and hybrid vehicles
Wednesday, July 21, 2010
We’re only months away from seeing the first high-volume modern electric cars go on sale, but most analysts and industry officials expect these to only account for a very small percentage of the overall market in the next decade. The problem remains high cost and limited range for batteries. While engineers across the globe work [...]
Continue reading...Auto-safety experts question makeup of panels studying runaway vehicles
Wednesday, July 21, 2010
Auto-safety experts are criticizing the makeup of two advisory panels charged with determining the role of electronics in the sudden, unintended acceleration of vehicles. There are no electronics experts on Toyota Motor Corp.’s seven-member panel and just three on the National Academies’ 12-member panel. “The outcome and recommendations from these committees will be shaped by [...]
Continue reading...New market study, “United States Autos Report Q3 2010″, has been published
Monday, July 5, 2010
While the auto industry in the US is in a much better position than at this point in 2009, sales for April showed the first signs of lower growth, which BMI believes will be much more prominent in H210. As carmakers are attributing the growth to a rebounding US economy, we can expect the auto [...]
Continue reading...Troubled Toyota recalls about 92,000 cars in Japan
Monday, July 5, 2010
TOKYO — Toyota on Monday began recalling more than 90,000 luxury Lexus and Crown vehicles in Japan as part of a global recall over defective engines — the latest setback for the automaker beset with quality problems. On Friday, Toyota Motor Corp. said it would recall a total of 270,000 Lexus and Crown vehicles worldwide to [...]
Continue reading...General Motors and Ford Motor Co. Auto Sales See Declines in June
Monday, July 5, 2010
General Motors and Ford (NYSE:F) both reported June sales numbers which fell short of analysts’ estimates as wary consumers avoided large purchases during the month. General Motors U.S. sales rose by 11%, missing the 16% estimate average that Bloomberg reported. Ford sales rose by 13%, less than the 16% projection reported by Bloomberg. Many believe that the [...]
Continue reading...Ford Motor Company Dominating the Competition
Tuesday, June 15, 2010
Jumpstart Automotive Group Says Ford Trumps Primary Competitors Like Chevy, Toyota and Honda Jumpstart Automotive Group, a leading automotive marketing and publishing network, today announced that Ford has officially separated from the rest of the automakers, trumping primary competitors like Chevrolet, Toyota and Honda across Jumpstart’s portfolio of 11 automotive shopping websites. In May 2010, [...]
Continue reading...Got guts? What to expect from GM’s IPO
Tuesday, June 15, 2010
FORTUNE — Is it worth buying when your government is selling? That will be a big question when the colossal, and once colossally troubled, General Motors finally has its coming out party, which could occur as early as the end of this year. The question became timely when news leaked on Friday, stating that General [...]
Continue reading...Obama’s Auto Czar Steps Down
Tuesday, June 15, 2010
WASHINGTON — The Obama administration is shopping for a new “car czar” after Ed Montgomery stepped down on Monday to become the dean of public policy at Georgetown University. Montgomery held the critical post as the U.S. auto industry bled 400,000 jobs and Chrysler and General Motors sought to rebound after seeking bankruptcy protection in [...]
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- Doug: It is very true that as a salesperson - and aren't...
- Carlos: I guess we did come full circle. Profit margins ar...
- Motor Supermarkets: Of course, what a great site and informative posts...
- AFI: EXCELLENT ARTICLE!!!...
- Warwick Kelly: Can I have samples too as sent to Lea & Kevin?...
Wednesday, July 21, 2010
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