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- UAW retiree trust to net $1.78 billion from Ford stock warrants
The UAW's retiree health care trust is expected to net about $1.78 billion from an auction of Ford Motor Co. stock warrants it received as part of its funding, the automaker said today.
Переслать - Chrysler reinstatement offer carries many conditions, dealers say
Chrysler Group's letter of intent to 50 closed dealerships it wants to reinstate is filled with conditions that are raising concern from a number of dealers, including at least one who has decided against signing.
Переслать - Hyundai says first U.S. hybrid to have cost, efficiency edge
Hyundai Motor Co. said its first U.S. hybrid will have cost and performance advantages over gasoline-electric models from Toyota Motor Corp. and Ford Motor Co.
Переслать - AutoNation expects improved Q1 earnings, will buy back debt
AutoNation Inc., the largest U.S. auto dealership group, today said its first quarter profits would meet Wall Street forecasts, citing a gradual recovery in the auto market.
Переслать - Spiffs may drive U.S. sales to levels unseen since 'clunkers'
U.S. auto sales may have run at the fastest pace this month since the 2009 "cash for clunkers" program as Toyota Motor Corp.'s incentives to counter global recalls spurred rivals to match the discounts.
Переслать - Toyota's Scion adds iQ minicar, revamped coupe to boost sales
Toyota Motor Corp.'s Scion, designed to attract buyers younger than those of the company's namesake brand, unveiled U.S. versions of the iQ minicar and revamped tC coupe intended to help halt a sales slump.
Переслать - Infiniti holds QX56 sticker at $56,700, lifts freight fee
Infiniti will hold the sticker price and raise destination charges by $85 when the restyled and re-engineered 2011QX56 shifts from a U.S.-built to imported SUV this summer.
Переслать - Mazda prices Mazda2 at $14,730
Mazda has priced its Mazda2 subcompact starting at $14,730, including freight.
Переслать - Factories behind the times on dealership space requirements, says Group 1 CEO
Factory expectations about how big auto dealerships should be are out of date and need to be reduced, one of the country's biggest retail executives says.
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