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- Chrysler's July sales advance 13%; GM, Ford fall
Chrysler Group said its U.S. sales rose 13 percent in July, extending the company's string of consecutive sales gains to 28 months. Ford Motor Co., meanwhile, posted a 4 percent decline, dragged down by a 16 percent drop in fleet sales.
Переслать - Denso posts strong quarter as supplier recovers from quake
Toyota-affiliated supplier Denso posted stronger results in its fiscal first quarter ending June 30 as it rebounds from the impact of last year's earthquake in Japan. Denso's net income for the quarter was 49.1 billion yen ($619.Переслать - Ally posts Q2 loss on costs of ResCap bankruptcy
Ally Financial, the government-controlled lender whose mortgage subsidiary went bankrupt, posted a second-quarter loss on costs tied to the court filing.Переслать - BMW Q2 profit falls, hit by price pressure
BMW reported a fall in second-quarter profit as pricing pressure in Europe's weak market hit its margins.Переслать - Marchionne shifts focus to Chrysler as Fiat struggles
Fiat CEO Sergio Marchionne can't stop the financial bleeding in Europe, so he's shifting the automaker's growth and profit focus to Chrysler Group in the United States.Переслать - Better finance deals spur July auto sales
The pace of U.S. auto sales is expected to hold steady in July, when sweeter financing deals prompted American consumers to replace aging cars and trucks despite languishing consumer confidence and high unemployment.Переслать - Former GM exec LaNeve to join Ford ad agency Team Detroit as COO
Former GM U.S. sales and marketing boss Mark LaNeve will become COO of Team Detroit, Ford Motor's advertising agency, the agency said. LaNeve is expected to start within the next two weeks at Team Detroit headquarters in Dearborn, Mich.Переслать - Penske expects boost in luxury car sales from Olympics in U.K.
Penske Automotive Group expects to see a boost in luxury vehicle sales this quarter at its U.K. stores on the heels of the 2012 Summer Olympics in London. But the outlook for Penske's U.S.Переслать - 'Right to Repair' compromise reached in Mass.
Opposing sides in Massachusetts' Right to Repair debate reached an agreement today on a bill that would give independent repair shops in the state the same access to repair codes and tooling as franchise dealers.Переслать - Marchionne expects good news on Chrysler's July sales
Chrysler-Fiat CEO Sergio Marchionne expects Chrysler to report a double-digit U.S. sales increase in July over July 2011 when figures are announced tomorrow.Переслать
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