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- AutoNation to extend pay freeze as recovery remains fragile
Mike Jackson, CEO of AutoNation, says the largest U.S. auto dealer is stronger than ever. What's not strong in his view is the U.S. economy, and that's why he's telling workers they won't see higher paychecks anytime soon.
Переслать - Alliance names recording industry lobbyist Bainwol as CEO
The Alliance of Automobile Manufacturers, the leading automakers' lobbying group, has named Recording Industry Association of America chief Mitch Bainwol as its president and CEO, effective Sept. 1.Переслать - Double-dip recession? Not in this auto boom
Somebody forgot to tell the auto industry that the economy is lousy. Indicators are glum. The fallout from the federal budget crisis is unclear. The stock market tanked last week and commentators have resurrected the term "double-dip recession."Переслать - Plunging Wall Street takes auto industry along for the ride
On a day when stocks on Wall Street plunged, the auto industry wasn't spared and, in some cases, fared worse than market indexes. Investors shed auto stocks as Standard and Poor's decision on Friday to downgrade the long-term U.S.Переслать - Ford delays full rollout of electric Focus
Ford is pushing back the full launch of the 2012 Focus EV, according to a message posted on a Focus Forum from Ford marketing. That also explains some new material from the company which says, "2012 Focus electric; coming spring 2012."Переслать - BMW maintains global-sales lead over rivals Audi, Mercedes
BMW kept its position as the world's top-selling premium brand last month after global sales of the company's core brand rose 7.1 percent in to 108,721 units.Переслать - How all those old GM plants and properties will get sold... or scrapped
With 89 buildings across the country, funded with $770 million for environmental remediation and upkeep, the RACER Trust and its 44 million square feet of industrial space would be the third-largest real estate investment trust in the country if it...Переслать - Chrysler Group's future is riding on a Fiat platform
After revamping most of its product lineup in 2011, Chrysler Group is gearing up to open the second act of its revival in 2012.Переслать - U.S. safety regulators open probes on Ford, VW cars
Federal auto safety regulators have opened preliminary investigations into new Ford Mustangs with manual transmissions for possible shifting problems and diesel Volkswagen Jetta sedans for possible fuel leaks.Переслать - Toyota, Honda jump back in the race
Japan's tsunami crisis bottomed out in July for Toyota Motor Sales U.S.A. and American Honda Motor Co. as the pair lost 6.9 points of market share to their Detroit and Korean rivals compared with a year ago.Переслать
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