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- Used-vehicle prices hit another record in May, Manheim says
Prices of used vehicles hit an all-time high last month as softer new-car sales brought fewer trade-ins that dealers could sell into a strong used market. The Manheim Used Vehicle Value Index, which gauges used-vehicle prices, reached 127.
Переслать - 2012 Buick LaCrosse with eAssist starts at $30,820
GM said prices for the 2012 Buick LaCrosse with eAssist, which is expected to boost highway fuel economy up to 25 percent over the current model, will begin at $30,820, including freight.Переслать - U.S. car tax break went to prisoners, dead people, report says
Prisoners, dead people and children qualified for a 2009 tax break to spur car buying, according to a U.S. report today that criticized the Internal Revenue Service for misapplying the refund in some cases.Переслать - GM to invest $49 million in Indiana powertrain plant
GM will invest $49 million in an Indiana engine and transmission plant.Переслать - GM to use option to buy 1% of China joint venture
GM, the biggest overseas automaker in China, intends to exercise an option to buy back a 1 percent stake in its main car venture in the country to make it an equally held unit with its partner.Переслать - Chrysler global sales trail CEO's target after 11% gain in May
Chrysler said global automobile sales in May rose 11 percent from a year earlier, trailing the goal CEO Sergio Marchionne set for 2011. Global deliveries climbed to 160,144 last month, Chrysler said.Переслать - Ford, Sollers sign production deal in Russia
Ford Motor Co. and OAO Sollers, Russia's second-biggest automaker, signed an agreement today to produce cars in Russia to expand in a market that grew 60 percent in the first five months of the year.Переслать - Hyundai Mobis wins $233 million order from Mitsubishi, Subaru
Hyundai Mobis , an affiliate of Hyundai Motor Group, said today it won a combined $233 million order from Japan's Mitsubishi Motors and Subaru to supply automotive lamps in what will be its first parts supply to Japanese automakers.Переслать - Saab production restart falters
Saab halted production today at its Trollhattan, Sweden, factory after output had restarted for just a short period earlier in the day.Переслать - Nissan's top executives paid twice as much as Toyota, Honda
Nissan Motor Co. handed its directors average pay that was more than twice that of its rivals Toyota Motor Corp. and Honda Motor Co. for the fiscal year ended in March.Переслать
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