GM sales rising while Toyota suffers: Edmunds.com

General Motors Co.’s retail sales are up 9% so far this month while rival Toyota Motor Corp. has seen a 12% drop, according to a report from car-buying research Web site Edmunds.com on Thursday. “We’re noticing that Toyota’s incentive program is starting to fall on deaf ears since most of the people who were open [...]

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SAAB Could Break Even With Just 80,000 Sales

Saab has had one of the most turbulent recent histories in the auto industry, being bought up by GM, then almost sold to a Chinese automaker and finally ending up in the hands of Spyker–all while losing hundreds of millions of dollars each year. Saab’s latest owner is Spyker, a niche sports car company that hand [...]

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GM to reinstate 661 dealerships The automaker will reinstate 661 of the franchises that it planned to drop.

By Jerry Hirsch and Tiffany Hsu March 5, 2010 In a move that could provide economic relief for hundreds of communities nationwide, General Motors Co. said it would reinstate nearly 700 dealerships that it had planned to drop from its sales network. The automaker sought to shed what it considered excess dealers as part of a bankruptcy [...]

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