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- GMAC to change corporate name to Ally after posting Q1 profit
GMAC Financial Services, benefiting from improved U.S. auto sales, said today it posted a profit of $162 million during the first quarter and told analysts that it will change its corporate name to Ally Financial Inc.
Переслать - April in a nutshell: The year's 2nd-strongest month
Here are highlights from April's U.S. auto sales report: Industry rises 20 percent; year's second-best SAAR; Nissan leads the gainers; GM stays on top; trucks pick up share.Переслать - Nissan, Ford, Chrysler lead U.S. industry to 20% April gain
Nissan Motor Co., Ford Motor Co., and Chrysler Group led the U.S. industry to a 20 percent sales gain in April as demand continued to recover from last year's collapse. Overall sales rose to 982,302 from 819,692 a year earlier.Переслать - GM boosts retail sales as Chevy prepares new ads
General Motors Co.'s sales increase for its four continuing U.S. brands was the slimmest posted this year -- 20 percent, compared with an average of 35 percent in the first three months.Переслать - Toyota sticks with its incentives; Lexus leaps in
Toyota Division will stick with aggressive consumer incentives this month in an effort to hang on to its sales momentum. Meanwhile, Lexus Division has come out with a program of special leases and low interest rates.Переслать - Chrysler rebound continues with best gain since 2005
In another sign of progress, Chrysler Group's 25 percent sales gain in April was the biggest since the automaker posted a 27 percent advance in July 2005. Chrysler declared bankruptcy in April 2009.Переслать - On sales day, Ford's good news just keeps getting better
Ford Motor Co. had more to crow about today, a week after posting a $2.1 billion quarterly profit: U.S. sales rose 25 percent in April, higher-profit retail volume advanced more than fleet, and Ford again outsold Toyota Motor Corp.Переслать - VW unveils plug-in electric Golf headed for U.S., plug-in Jetta to follow
Volkswagen AG has revealed a plug-in electric version of the Golf, previewing the zero-emissions driveline and lithium-ion battery technology the company intends to put into a production version of the new car.Переслать - GMAC's Chrysler business gains momentum
Within the last month or two, GMAC Financial Services has significantly loosened its purse strings making it easier for Chrysler Group customers to get loans to buy cars, according to Chrysler dealers.Переслать - Chrysler may face $25,000 daily fine in Colo. over rejected dealer law
The Colorado Senate is prepared to approve a bill imposing fines of up to $25,000 a day on Chrysler Group if it doesn't comply with a new state law requiring dealer reinstatement under certain circumstances.Переслать
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