Monthly Archives: October 2011

UAW has Deal at Ford Pending Local Approvals. 5750 Jobs Added or Retained During Contract. Shared Prosperity Claimed

Posted on 4 October 2011 by Ken Zino

The tentative agreement is based of Ford’s promise to add another 5,750 new jobs and invest what’s said to be $16 billion to produce new models and upgraded vehicles and components by 2015, of which, $6.3 billion will be invested directly into retooling and upgrading plants. As is the current management practice in the ailing U.S. economy, the jobs claim includes so called retained jobs, as well as some new ones. All of this is contingent upon contract approval by local union members. Continue reading →

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Selected of God Choir to Sing National Anthem for the Detroit Tigers Playoff Game at 8:30 EDT Tonight

Posted on 3 October 2011 by Ken Zino

It’s clear from to me from listening to the Turner Broadcast announcers – Turner has exclusive TV rights – that they know nothing about the Tigers, which – like the Detroit Three Automakers – are all having a great year – in the Tiger’s case as one of the best teams in major league baseball. Well, tonight the Turner crew will get to see what is probably only their third Tiger game, ever. It won’t be their last… Continue reading →

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Authorized Dealer Used Vehicle Sales Jump 11.5% in September

Posted on 3 October 2011 by Ken Zino

Overall, the U.S. used vehicle market is at 30,155,128 units year-to-date, compared to 8.6 million new cars and light trucks. It was the best performance y-t-d since 2007 before the collapse of the global financial markets. This begs the question – are new vehicle prices too high? Continue reading →

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Nissan Up, Toyota and Honda Down in U.S. September Sales

Posted on 3 October 2011 by Ken Zino

Year-to-date Honda remains in the Number Two spot at 859,797 compared to Nissan’s 774,079. Honda’s strong sales of light trucks at 45,723 surpassed its car sales for the month (43,809) and a building supply of newly revised Civic models bodes well for Honda hanging on to Number Two for the 2011 year. Continue reading →

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Ford Motor Company September Sales Up 9% – Weakest Sales Performance among the Detroit Three

Posted on 3 October 2011 by Ken Zino

Ford Motor September sales totaled 175,199, up 9% versus last year, significantly trailing gains made by General Motors and Chrysler during the month. As with the other two members of the Detroit Three, Ford’s increase was largely the result of sales of pickup trucks and sport utility vehicles. Continue reading →

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General Motors September Sales Up 20%, Led by Pickup Trucks

Posted on 3 October 2011 by Ken Zino

Based on early results GM is maintaining a market share of about 20%, which means it remains solidly in first place even as the Japanese maker are now back in full production. It also appears to prove the wisdom of the U.S. Treasury Department’s insistence on killing four brands, as part of the taxpayer bailout, and concentrating on the remaining four – Chevrolet, GMC, Buick and Cadillac in descending sales order. However, Cadillac (+1%) and Buick (+5.6%) appear to be badly trailing overall industry growth basis. Continue reading →

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Chrysler Group U.S. Sales Up 27% in September, Led By Trucks

Posted on 3 October 2011 by Ken Zino

Chrysler Group’s Retail sales were up 50%. Chrysler Group has beaten the average industry sales increase in eight of nine months this year, and is in a dead heat with Toyota Motor Sales for the Number Three position in the U.S. Continue reading →

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