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- Nov. sales jump 17% as market gains strength
U.S. car and truck sales jumped 17 percent last month, raising hopes the industry will end 2010 on a high note while creating momentum for the new year.
Переслать - Toyota says Camry recall can prompt secondary fix
Toyota Motor Corp. has told U.S. dealers it will pay for a secondary repair related to a massive safety recall on its top-selling Camry for sticking accelerator pedals. In a bulletin sent to its U.S.
Переслать - GM Daewoo to pay off $1 billion in debt amid brighter finances
GM Daewoo Auto and Technology plans to fully repay $1 billion in loans from Korean creditors this month, underscoring the improved financial position of General Motors Co.'s South Korean subsidiary and small-car development center.
Переслать - Ford hires Cadillac designer to reshape Lincoln
Ford Motor Co. has hired a 38-year-old designer from Cadillac to shape Lincoln's future and compete with bigger luxury rivals. Max Wolff, a native of Australia, will be Lincoln's design director, a new position, effective Jan. 3.
Переслать - Battenberg testifies he wasn't involved in accounting decisions
Former Delphi CEO J.T. Battenberg III testified today that he wasn't involved in accounting decisions on a large payment to General Motors in 2000 that government regulators say amounted to cooking the books.
Переслать - AutoTrader to buy HomeNet
With its third acquisition in as many months, AutoTrader.com is adding new inventory management services by purchasing HomeNet Automotive. AutoTrader, which is based in Atlanta, today announced the deal to buy HomeNet of West Chester, Pa.
Переслать - U.S. using 'bully pulpit' to urge rental car repairs
The top U.S. auto-safety regulator said he is 'working through the bully pulpit' to make sure rental-car companies such as Avis Budget Group Inc. and Hertz Global Holdings Inc. complete repairs on recalled vehicles.
Переслать - Toyota launches Etios in bid to hike sales in emerging markets
Toyota has debuted its Indian-built Etios sedan, a car it hopes will help it escape a sales ranking of seventh in Asia's second-fastest-growing major economy. Priced from 496,000 rupees ($10,900), it is Toyota's cheapest offering in India.
Переслать - Porsche investors back $6.5 billion share sale for VW merger
Porsche SE investors approved plans for a 5 billion-euro ($6.5 billion) stock sale to reduce the sports-car maker's debt as it prepares to combine with Volkswagen AG, Europe's largest carmaker.
Переслать - Marchionne's dilemma: To sell or not to sell Alfa?
Fiat CEO Sergio Marchionne's self-confidence has helped him tackle problems that lesser executives would duck, but he may have met his match. VW Chairman Ferdinand Piech wants to buy Alfa Romeo.
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