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- Accavitti sees American Honda's U.S. sales rising 6% in April
Honda's sales in the United States should increase by more than 6 percent in April, a top executive said Wednesday.
Переслать - Ford predicts higher second-quarter output in N.A., Europe
Ford's European production will rise 6 percent in the second quarter from year-earlier levels, to 390,000 units, after falling 8 percent in the first quarter to 386,000, the company said Wednesday.Переслать - Chevy Spark EV rated at 119 mpg with 82-mile range
General Motors says its Chevrolet Spark EV will get the equivalent of 119 mpg in combined city and highway driving, the best efficiency of any car sold to retail buyers in the United States.Переслать - Ford profit rises 15% on N.A. record
Ford's first-quarter net income increased 15 percent from a year earlier to $1.61 billion, as rising U.S. auto sales pushed North American profits to a record, offsetting deeper losses in Europe.Переслать - Carfax hit with $50 million antitrust lawsuit by 120 dealerships
The owners of 120 auto dealerships have filed a federal lawsuit against Carfax, alleging that the vehicle history reporting company engages in anti-competitive practices and violates antitrust laws.Переслать - Fisker, Energy Department blasted over loan to struggling firm
Struggling Fisker Automotive took a bludgeoning today on Capitol Hill from top congressional Republicans who compared Fisker to failed automotive startups of the past and lambasted the Department of Energy for allowing the electric car producer to...Переслать - Toyota outsells GM worldwide for 5th straight quarter
Toyota Motor Corp. outsold all automakers for a fifth straight quarter as the yen's depreciation sharpens the Japanese company's edge over General Motors and Volkswagen AG.Переслать - Federal-Mogul shares rise 16% as restructuring takes hold
Shares in Federal-Mogul, the diversified auto-parts supplier controlled by billionaire Carl Icahn, rose the most in more than four years after the company reported operational profits that show a restructuring effort is working, analyst Brian...Переслать - Capital One pays $3.5 million to settle SEC charges over auto-loan losses
Capital One Financial today agreed to pay a $3.5 million fine to settle charges that it hid millions of dollars in auto-loan losses as the economy was headed toward a recession, the U.S. Securities and Exchange Commission said.Переслать - Lithia looks to market share growth to pump future earnings
Lithia Motors is prepared to sacrifice new and used per vehicle profit margin if it means more market share, its CEO said today.Переслать
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