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- Kruse auction company loses Indiana licenses
Kruse Inc., the auction company that sold the famous William Harrah car collection and has been synonymous with auctioning enthusiast automobiles since the 1970s, has lost its licenses in its home state.
Переслать - Fisker raises enough equity to launch car
Fisker Automotive said today it has raised $189 million, enabling the California startup to launch its plug-in hybrid sports car this year.Переслать - GM said to consider lead bank for 2010 IPO
General Motors Co. and the U.S. Treasury may choose an underwriter as soon as next week for the automaker's initial public offering, two sources told Bloomberg.Переслать - Suzuki India turns to chatty farmers as GM enters cities
Suzuki's Indian unit more than doubled rural sales last year. Its agents visit farmers' markets and villages to expand the automaker's reach as competitors challenge its dominance in cities.Переслать - Toyota, Nissan lead Japanese automakers' production rebound
Toyota Motor Corp.'s 62 percent boost and Nissan's 57 percent gain led Japanese automakers' global production increases in April as demand continued to rise in Asia and the United States.Переслать - Tata plans to build Jaguar, Land Rover models in China
Tata Motors plans to build Jaguar cars and Land Rover SUVs in China as it seeks to cut costs and expand sales of the luxury brands in emerging markets.Переслать - Nissan, Ford offer Memorial Day weekend spiffs
Nissan Motor Co. and Ford Motor Co. will offer $500 rebates on several car and truck models to boost sales over Memorial Day weekend.Переслать - Ford has 'options' to improve credit rating, Mulally says
Ford Motor Co. sees "great options" to improve its balance sheet and return to an investment-grade credit rating as its financial results continue to strengthen, CEO Alan Mulally said on Friday.Переслать - Ford says May U.S. sales will reflect 'modest recovery'
Ford Motor Co.'s chief sales analyst expects the U.S. industry's annual sales rate to top 11.1 million vehicles in May, the third straight month above that mark. 'A modest recovery is still in the works,' the analyst, George Pipas, said.Переслать - Judge gives Toyota 30 days to produce documents
A U.S. federal judge gave Toyota 30 days to turn over the bulk of documents sought by class-action lawyers from previous investigations of complaints about its cars racing out of control. The order by U.S.Переслать
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