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Published on shut-down, division, mercury, ford,
 | According to a report from Bloomberg, Ford Motor plans to close the doors on its Mercury division after 70 years of existence, by the end of this year due to dismal sales. Developed in the 1930s by Ed ... |
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Published on americans, america, usa, u.s., prefer, toyota, chrysler, fleet, sales, down,
 | With Toyota being in the center of attention lately with all their recalls and technical problems, a lot of people forgot that the most important North American auto groups were on the brink of bankru ... |
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Published on price-cut, prices, costs, australia, toyota, cut-down,
 | Toyota, who had last year severe financial problems, unveiled a complete prices list to be changed in Australia, presenting overall ranging savings starting from AU 350 Dollars and AU 2,770 Dollars. B ... |
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Published on alixpartners, liquidate, wind-down, saab, gm, general-motors,
 | After giving us some hope that Saab will eventually survive, things have been taken to a new level. More precisely, General Motors has appointed AlixPartners to supervise the liquidation of Saab. Alix ... |
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Published on 3-series, mountain, tumbled, 426, feet, down, passengers, surive, survived, coupe, bmw,
 | Some people are just plain lucky. You see very often news about some guy who tripped, fell, hit his head and died, in some stupid conditions. Not to mention the cases of people who choked with food an ... |
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Published on baic, saabchina, gm, technology, shut-down, takeover,
 | BAIC bought recently a few assets from Saab, so the Chinese maker wants now to develop 4 brand new units and 3 turbo-engines inspired from the bought technology. GM announced in the middle of December ... |
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Published on nummi, cut, jobs, japan, toyota, shutdown, gm, spring, us, workforce, california,
 | In August Toyota announced it will terminate the operations at the NUMMI (New United Motor Manufacturing Inc.) - the Californian factory. Nikkei business daily reported, Reuters cited, the maker from ... |
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Published on daimler, sales, down, smart, mercedes, benz, japan, china, decrease,
 | Like all the other carmakers, Daimler saw in July a 11 percent sales drop, amounting to 93,900 cars. Mercedes-Benz delivered alone most of the models, 83,500 exactly.
Klaus Maier, Mercedes-Ben ... |
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Published on sales, down, luxury, bmw, july, 2009, mini, rolls-royce, 2008,
 | BMW – the carmaker from Germany reported a low July in sales; recording a drop of 12.6 % in models sold, from 125,792 last year to 109,923 in 2009. from January to July, BMW had 725,377, 18.6 % down ... |
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Published on tesla, ceo, profit, price, cost, down, low,
 | It was believed that Tesla Motors was on the bankruptcy verge only a few months back but Elon Musk - company CEO says he\'s expecting by next month the EV manufacturer to be profitable. Musk addressed ... |
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Published on gm, canada, dealership, cut, stop, down, 2010, chrysler,
 | More than 1 3rd of GM\'s dealership network in Canada will be finding out its fate of their upcoming relationship involving the Detroit carmaker. Like the 1,100 dealers in America stopped last week th ... |
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Published on gm, chrysler, dealership, close, down, reduce, price, cost,
 | With Chrysler and GM planning eliminate by next October around 2,300 brand new auto dealerships, the CEO of AutoNation says he\'s expecting a dropping-off in all-new auto transaction costs as carmaker ... |
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Published on volkswagen, vw, profit, down,
 | Volkswagen will take over probably as the world\'s biggest carmaker by the end of the year, but the German carmaker reported a huge profit decrease on Wednesday. Volkswagen affirmed its profits on the ... |
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Published on gm, america, stop, halt, down, u.s., usa, summer,
 | Facing extreme price cutting and slumping sales, GM will be shuttering most of the U.S. factories this summer for 9 weeks. GM has to confirm its plan, but 2 sources from the inside say this Detroit-ba ... |
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Published on gm, general_motors, job, cut, work, down, detroit, obama, u.s.,
 | Fritz Henderson - GM CEO unveiled last week: more job cuts will come for the automaker from Detroit, having more details on the way. The latest cut of jobs will help ailing the carmaker reaching its g ... |
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Published on chrysler, idle, canada, shortage, shutdown,
 | Chrysler have enough work already but, the Michigan-based carmaker is forced to idle 2 of its production facilities in Canada. The shutdowns that occurred at Brampton, Windsor Chrysler plants – are ... |
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Published on new, sale, down, drop, italy, spain, industry,
 | January was a bleak month for brand new auto sales in Italy and Spain. Spanish all-new vehicle sales now dropped 41.6 % compared to exactly the same month previous year to only 59,835 months and Italy ... |
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Published on toyota, 2009, production, down, decline, japan,
 | Toyota affirmed today it expects the global production will be down over 20 % during 2009. The carmaker said this anticipates building around 6.5 million autos for consumption (worldwide), its lowest ... |
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