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- US automakers see profit in Europe's tough market
U.S. automakers, still digging out of a deep hole at home, face stiff challenges to regain their footing in Europe where the industry remains in a slump.
Переслать - Ex-GM dealers in Canada cleared to sue company as a group
More than 200 former General Motors of Canada dealerships that were terminated in a 2009 restructuring can sue the company as a group rather than having to do so individually, a Canadian judge ruled. Ontario Superior Court Justice G.R.Переслать - U.S. Treasury sells $2.7 billion worth of Ally securities
The U.S. Treasury said today it sold all $2.667 billion of its trust preferred securities in auto and home lender Ally Financial Inc., formerly GMAC LLC, in an oversubscribed offering.Переслать - Detroit auto show venue to get $221 million upgrade
Cobo Center is poised to undergo the 40,000-square-foot expansion that has been sought by the North American International Auto Show and regional officials for the last several years.Переслать - GM offers 0% financing to keep sales momentum going
GM is offering buyers interest-free financing on some 2011 models after the company increased discounts and incentives to lead all major automakers' U.S. sales gains last month.Переслать - Donald Toresco, N.J. auto dealer, dies at 71
Donald Toresco, a longtime auto dealer and chairman of Toresco Enterprises Inc., died Feb. 20 at his home in Harding, N.J. He was 71.Переслать - Electric car owners offered charging stations by Detroit utility, SPX
SPX Service Solutions will install electric vehicle home charging equipment in a pilot program offered by DTE Energy Co., a Detroit utility company.Переслать - Ford recalls 34,000 vehicles for fuel leak risk, electrical issue
Ford Motor Co. today recalled more than 34,000 vehicles worldwide spanning eight vehicle models due to the risk of a fuel leak or electrical issues.Переслать - Saab's new Phoenix platform to spawn next 9-3, possibly more
The new Saab is all about low cost and versatility.Переслать - Bentley, Maserati flaunt top models in Geneva as wealthy resume spending
Supercar producers including Bentley, Bugatti and Maserati are showing some of the most extravagant and powerful vehicles they've ever made at the Geneva auto show this week as the super rich in the U.S. and China resume spending.Переслать
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