Tag Archives: autoinformed

Toyota Motor Posts Huge Gains in Income and Profits

Toyota Motor Corporation today said it had net income of ¥1 trillion for the six-month period ending 30 September 2013. The huge increase from ¥548.2 billion in the same period the year earlier came with flat sales but TMC, the largest automaker in Japan and the world, benefited enormously from the manipulation of the yen by the Japanese government to keep it artificially weak. Continue reading

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Ellinghaus from a Pen Maker is New Cadillac Marketing Head

Cadillac today announced that Uwe Ellinghaus, 44, would take a newly created position of Chief Marketing Officer, Global Cadillac effective 1 January 2014. Ellinghaus will lead marketing and brand building at GM’s regional luxury brand as it attempts to take on the Audi, BMW, Mercedes Benz and Lexus in the global markets. Continue reading

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J Mays to Retire at Ford Motor in Latest Exec Shuffle

Ford Motor Company today announced a series of changes in its senior leadership team that could have an important impact on its future direction. Absent from the list was the most important pending change where Alan Mulally will leave, and reportedly be replaced by pretty boy and corporate jet and expensive perks lover Mark Fields. Continue reading

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Chevrolet at SEMA. Horsepower and/or Bling Overkill?

Most, but not all, have parts available from Chevrolet dealers, allowing customers to personalize their new performance car with factory-engineered and validated components that match the performance and quality of original equipment and often keep the warranty intact. Continue reading

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Trucks Dominate U.S. October Sales as Offshore Brands Dip

The government shut down. The SAAR slipped to a seasonally adjusted annual rate of 15.23 million units. Offshore brands were outpaced by soaring Detroit Three truck and SUV sales, according to the final October U.S. sales results from AutoData. Continue reading

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Ford Motor October Sales Increase 14%

Ford Motor Company’s October U.S. total sales of 191,985 vehicles increased 14% compared to October 2012 that was severely depressed because of Hurricane Sandy. In an overall market that rose 8%, with extremely weak results for the first two weeks of the Republican-led government shutdown. Continue reading

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General Motors U.S. Sales Increase 16% in October

General Motors Company today posted sales of 226,402 vehicles in the United States during October, up 16% year-over-year, even though the Reptilian, sorry, Republican Tea Party shut down of the Federal Government for the first two weeks of the month severely shook consumer confidence. Continue reading

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Chrysler Group October U.S. Sales Up 11%

“After a choppy start to the beginning of the month [caused by the Republican Tea Party extremists government shut down that appears thus far to be responsible for $24 billion in losses to the U.S. economy – editor], Chrysler Group sales accelerated in the second half of the month with renewed consumer confidence and the launch of our all-new Jeep Cherokee,” said Reid Bigland, Head of U.S. Sales. Continue reading

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Tesla Signs Battery Deal. Second Model S Fire Reported

Panasonic Corporation and Tesla Motors today announced that they have reached an agreement where Panasonic will expand its supply of automotive-grade lithium-ion battery cells to Tesla. The announcement comes just after a second Model S fire this month was reported by the Diario de Yucatan. Continue reading

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Chrysler Group Up, General Motors Down in Q3 Earnings

Both results were significantly less than Ford Motor Company’s Q3 profit of $2.6 billion, which was based largely on sales and financing in North America with some contributions from other regions, the same pattern at Chrysler an GM. Continue reading

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EU Commercial Vehicle Sales up 6% in September

Sales of new commercial vehicles in the EU took a turn for the better in September as registrations grew by 6.1% to 160,038 units. Continue reading

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Toyota World’s Largest Automaker trailed by GM, VW

Toyota Motor has retained its lead as the world’s largest automaker, according to nine- month sales figures the Japanese automaker released on Monday. Toyota said it sold 7.41 million vehicles globally through the end of the western Q3, a flat performance when compared year-over-year. Continue reading

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Infotainment Defects Grow in Latest Auto Reliability Data

The 2013 Annual Auto Reliability rankings revealed today before the Automotive Press Association in Detroit shows that General Motors and the Chrysler Group have barely average reliability, while Ford Motor continues to do poorly. Continue reading

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Global Vehicle Sales to Stall?

Global light vehicle sales could be slowing down, and if the recent trend continues, tens of millions of car sales would disappear from five-year global forecasts. Continue reading

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Milestones: FDR and the Minimum Wage – Then and Now

On this day – 24 October 1938 – the federal minimum wage became law in the United States. President Franklin Roosevelt signed the Fair Labor Standards Act, aka FLSA, the previous summer that, among other things, created the concept now backed by legal reality that people should get a fair wage for a day’s work. Continue reading

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