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- Thompson to run Omnicom arm
Advertising industry veteran Jan Thompson is back in the game, as vice president of the automotive group of The Marketing Arm, the promotions division of ad giant Omnicom.
Переслать - Report: GM Financial poised to compete with Ally Financial
GM Financial, General Motors Co.'s auto lending branch, is poised to expand into markets that could put it in direct competition with Ally Financial Inc. GM owned Ally, formerly GMAC Financial Services, until 2006.
Переслать - Marchionne: Fiat, Chrysler could become a single company
Chrysler Group and Fiat Auto could become one company that could be based in the United States, Chrysler and Fiat CEO Sergio Marchionne told an industry conference here today.
Переслать - SBA to re-start floorplan financing program next week
The federal government will relaunch its suspended floorplan financing program for small dealerships next week -- this time with loan limits of $5 million rather than $2 million.
Переслать - Subaru parent posts $716 million April-through-December profit
Fuji Heavy Industries Ltd., maker of Subaru-brand vehicles, rose to profitability during the April-December period, burgeoned by growing vehicle sales overseas. The Japanese automotive and aerospace manufacturing company posted net income of 58.
Переслать - Chrysler's 2-minute Super Bowl spot touts one of its brands
Chrysler Group will return to the Super Bowl on Sunday with a two-minute commercial that highlights one of the group brands, Chrysler CEO Sergio Marchionne said today.
Переслать - Mitsubishi to make Outlander Sport at Illinois plant
TOKYO -- Mitsubishi Motors Corp. said today it will invest $100 million to build the Outlander Sport crossover at its Normal, Ill., plant starting in the summer of 2012.
Переслать - U.S. data analysis firm IRN partners with Canadian university
IRN Inc., a Michigan data analysis and consulting firm, has started a joint venture with the Office of Automotive and Vehicle Research (OVAR), a research and consulting unit at the University of Windsor.
Переслать - Ally Financial picks four banks to lead stock offering, sources say
Ally Financial Inc, the auto and mortgage lender majority-owned by the U.S. government, has selected four U.S. banks to lead a planned initial public offering, according to sources familiar with the situation.
Переслать - Cayenne helps Porsche U.S. sales rise 34% in January
Porsche sold 2,400 vehicles in the U.S. in January, a rise of 34 percent on month-on-month 2010 deliveries. The Cayenne SUV was the best-selling model for the luxury carmaker with sales of 1,047 units, a 77 percent rise from last January.
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