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- GM's IPO shows Ally could afford to repay $17 billion bailout
Ally Financial Inc., the recipient of more than $17 billion in U.S. aid, may be able to repay its bailout in full with a profit for taxpayers if General Motors Co. is right about the value of its stake in the auto lender.
Переслать - Ford hopes to trim U.S. dealerships ranks by another 10%
Ford wants to reduce its U.S. dealership ranks by another 10 percent - or 300 outlets - the automaker's top marketing executive said Tuesday. At the end of July, Ford had about 3,338 U.S. dealers, including 1,189 dealers with Lincoln franchises.Переслать - Denso will build technical center in India
Denso Corp., the Toyota-affiliated parts supplier, plans to invest $35.5 million to build its first technical center in India to tailor products to the country's booming market.Переслать - Hyundai to invest $150 million on new U.S. headquarters
Hyundai Motor Co., which has more than doubled U.S. sales in the past decade, plans to invest about $150 million to expand its North American headquarters in California.Переслать - GM's OnStar seeks growth in Brazil, Europe in tech push
General Motors, now managed by former telecommunications and technology executives, is putting greater emphasis on selling OnStar to consumers.Переслать - Toyota, Honda, Nissan shares surge as Japan halts yen rise
The Nikkei stock average today jumped 2.3 percent to a one-month closing high after Japan intervened to weaken the yen, boosting shares of Toyota, Honda, Nissan and other exporters.Переслать - Chevy gears up to market Caprice police cruiser
Chevrolet is touting the Caprice's rear-wheel drive and interior space as it prepares to take orders for its new police car. Chevrolet dealers will begin taking orders next month for the automaker's first rwd police car since 1996.Переслать - Ford to reveal Focus lineup in Paris; high-performance version planned
Ford Motor Co. plans to sell a high-performance version of the redesigned Focus compact car in the United States, the company said today.Переслать - Marchionne to dealers: Here are new products; now lead the way
Chrysler Group CEO Sergio Marchionne called on dealers today to rally behind the company's new product offensive.Переслать - Chrysler's replacement for Sebring sedan will be called the 200
Chrysler Group today said it would name its redesigned mid-sized sedan the Chrysler 200 -- the vehicle that will replace the Sebring in its lineup. The 200 is a re-engineered, restyled version of the current Sebring.Переслать
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