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- Honda to dealers: More vehicles coming in July, August
Honda told its U.S. dealers today it expects production to bottom-out this month before increasing in July and August, signaling that efforts to repair supply chains ravaged by Japan's March 11 earthquake and tsunami are gaining traction.
Переслать - New-vehicle incentives tracking at lowest level since 2006
Incentives on new vehicle sales will be the lowest in May than for any month since 2006, based on thinning inventories due to the Japan earthquake, industry consultancy Truecar.com said today. Demand for cars is rising slightly as the U.S.Переслать - Chrysler raises $7.5 billion to pay off government loans
Chrysler secured $7.5 billion in new financing under a bond offering and term loan that will be used to repay high-cost government loans and put the U.S. automaker on firmer financial ground. Chrysler raised $3.Переслать - TRW unveils bag in roof airbag system for European customer
Supplier TRW Automotive Holding Corp. announced a roof airbag product today that is designed to allow automakers have create more space for interior styling compared with typical instrument panel airbags.Переслать - Deal for first 100 government EVs is nearly done
The Obama administration is putting the finishing touches on its purchase of the federal government's first 100 electric vehicles, a U.S. Department of Energy official said today.Переслать - Sirius XM generates record subscriptions after near-death experience
As the auto industry continues to build its post-recession sales, American broadcaster Sirius XM Radio Inc. also has rebounded. For the first quarter, which ended March 31, the New York satellite radio company reported an all-time high 20.Переслать - Toyota: Prius supplies to recover to about 70% in June
Toyota expects U.S. supplies of its top-selling Prius hybrid to recover to about 70 percent of normal levels next month after output was disrupted by Japan's record earthquake. Toyota's U.S.Переслать - Dealers adjust advertising as earthquake impacts inventory
Some U.S. dealers are altering their local advertising plans as parts shortages and production cuts stemming from the March 11 Japanese earthquake and tsunami have caused inventories to shrink.Переслать - Ford to build $350 million transmission plant in China
Ford Motor Co and its partners in China will build the U.S. automaker's first transmission plant there in a move to support Ford's growth in the world's largest auto market.Переслать - Some Saab suppliers agree to restart deliveries
Saab said today that some suppliers had agreed to restart deliveries and it was pursuing talks with others after a month's production break due to unpaid bills.Переслать
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