Entries Tagged as 'Auto News'

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.

Saturday, February 4th, 2012

Ghosn says Renault will work with Mercedes on high-end model

Renault is counting its strategic partnership with Daimler to help overcome its chronic troubles selling high-end cars.

Saturday, February 4th, 2012

China’s Youngman makes fresh bid for Saab, report says

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.

Saturday, February 4th, 2012

Receivers cool on $446 million Youngman bid for Saab, source says

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.

Saturday, February 4th, 2012

Toyota sees 21% rise in global group sales this year

Toyota is forecasting that its global sales will rise 21 percent this year as its production recovers from natural disasters in Japan and Thailand.

Saturday, February 4th, 2012

Ford honors dealers who made a difference in their communities

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.

Saturday, February 4th, 2012

On the record

“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”

Saturday, February 4th, 2012

Jaguar Land Rover said to plan partnership with Chery for China output

Jaguar Land Rover plans to partner with Chery Automobile to build vehicles in China, two people with direct knowledge of the matter said.

Saturday, February 4th, 2012

Hyundai, Kia flourish in stagnant German car market

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.

Saturday, February 4th, 2012

China’s Youngman makes fresh bid for Saab, report says

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.