Posted: under Supplier News.
When consumers think hybrid, they think the Toyota Prius. That’s because the Prius, with the highest miles per gallon of any vehicle retailed in the United States, sold 127,907 cars through November — more than all other hybrids combined.
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Dec 28 2009
Posted: under Supplier News.
It was supposed to be the decade of prosperity. At the turn of 2000, the Dow had just soared past 11,000 — fresh off a 21 percent rise in less than one year.
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Dec 28 2009
Posted: under Supplier News.
Russian state-controlled lender Sberbank has said General Motors Co. should compensate it for an aborted attempt to sell a stake in Opel or it will sue, the Associated Press reported on Friday.
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Dec 28 2009
Posted: under Supplier News.
More than six months after Chrysler and General Motors began dumping dealerships, many surviving dealers anticipate a tough time keeping millions of those dealerships’ orphaned customers in the family.
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Dec 28 2009
Posted: under Supplier News.
Lynn Tilton, who favors wearing diamonds and buying diamonds in the rough, is charging into the auto industry — at a time when most of her private-equity predecessors are happy to be out.
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Dec 28 2009
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Venezuela’s President Hugo Chavez has threatened to expel Toyota Motor Corp. unless it produces an all-terrain model of 4×4 vehicles used for public transport in poor and rural areas.
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Dec 28 2009
Posted: under Supplier News.
Toyota Motor Corp. expects a 17 percent increase in its 2010 global production, excluding units Daihatsu and Hino Motors, from this year to about 7.5 million units, Japanese media reported today.
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Dec 28 2009
Posted: under Supplier News.
General Motors Co. emerged from a 40-day bankruptcy in July with a newfound zeal that things at the top U.S. automaker would never be the same.
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Dec 28 2009
Posted: under Supplier News.
Automotive News TV for December 28, 2009
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Dec 28 2009