Sunday, February 5th, 2012
Is GM’s image program fair? Depends who you ask
In the battle between dealers and automakers over facility image programs, General Motors has taken the most shrapnel.
In the battle between dealers and automakers over facility image programs, General Motors has taken the most shrapnel.
Renault is counting its strategic partnership with Daimler to help overcome its chronic troubles selling high-end cars.
Zhejiang Youngman Lotus Automobile has made a fresh bid for Saab, Swedish public radio reported. The Chinese group plans to turn its passenger-car unit into a competitive global brand and buying Saab assets would fit into that goal.
China’s Youngman has made a $446 million offer for bankrupt carmaker Saab, which has drawn a cool response from receivers who want bids for parts of Saab rather than the whole business because that would raise more for creditors, a source said.
Toyota is forecasting that its global sales will rise 21 percent this year as its production recovers from natural disasters in Japan and Thailand.
Ford Motor Co. has honored six dealers for dedication to their communities. Ford’s Salute to Dealers, conducted under the guidance of Edsel Ford II, a member of Ford’s board, was held here Friday.
“It’s the most unsexy corporate mantra ever.” — JOHN KRAFCIK, CEO of Hyundai Motor America, referring to the automaker’s founding principles of “diligence, frugality and harmony”
Jaguar Land Rover plans to partner with Chery Automobile to build vehicles in China, two people with direct knowledge of the matter said.
Hyundai and its affiliate Kia posted huge gains in the stagnant German car market in January, according to data from Germany’s motor vehicle authority KBA. The two Korean brands achieved a 2.
Zhejiang Youngman Lotus Automobile has made a fresh bid for Saab, Swedish public radio reported. The Chinese group plans to turn its passenger-car unit into a competitive global brand and buying Saab assets would fit into that goal.