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- GM hires ex-Volvo, VW exec Jacoby to steer international unit
General Motors has hired former Volkswagen and Volvo executive Stefan Jacoby to steer international operations. He replaces Tim Lee, who will become chairman of GM China. Jacoby stepped down as Volvo CEO late last year after suffering a mild stroke.
Переслать - Toyota increases quarterly profit by 94%; raises profit outlook on weak yen, strong U.S. sales
Toyota increased its quarterly profit by 94 percent to $5.5 billion, helped by a weaker yen and strong sales in the United States.Переслать - Toyota projected to triple GM's quarterly profits
Toyota probably earned $3 in profit for every dollar earned by GM in the latest quarter, analysts predict. The Japanese carmaker may report tomorrow that profit climbed 52 percent to 441.2 billion yen ($4.Переслать - Honda, Toyota, GM set pace as sales climb 14%
U.S. light-vehicle sales -- driven by double-digit gains at six of the seven biggest automakers -- rose 14 percent in July, just below forecasts but strong enough to keep the industry's recovery on solid ground. Honda Motor Co., Toyota Motor Corp.Переслать - Chrysler Canada posts higher July sales; Ford, GM slip
Chrysler's Canadian arm today reported record sales for July, up 8.5 percent from a year earlier, helped in part by a jump in passenger car sales. GM sales in Canada dropped slightly, and Ford was down 10 percent.Переслать - Pickups, SUVs lift Chrysler up 11%; best July since '06
Powered by re-engineered SUVs and pickups, Chrysler Group today reported its best July sales since the DaimlerChrysler era. The company sold 140,102 vehicles last month, up 11 percent over July 2012.Переслать - Ford pays $17.35 million fine over Escape recall
Ford reached a settlement in June with federal auto safety regulators over a recall of older Escapes last year and paid the maximum $17.35 million fine to resolve claims that the automaker took too long to notify its customers of a defect.Переслать - BMW chips away at Mercedes lead with 3 series, X5
BMW boosted sales of its 3 series cars and X5 SUVs last month, helping the automaker narrow Mercedes-Benz's luxury-vehicle lead in the United States.Переслать - Cooper-Standard acquires Jyco's auto sealing business
Cooper-Standard Holdings has acquired Jyco Sealing Technologies' automotive sealing business. Terms of the deal, which closed Wednesday, were not disclosed in a statement released today.Переслать - GM, paced by pickups, gains 16% in July
General Motors' sales rose 16 percent in July to 234,071 units in the United States, as full-sized pickup deliveries jumped 44 percent and all four of the automaker's brands posted double-digit increases, the company said today.Переслать
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