BMW is just a few thousand unit sales away from taking the No.1 spot from Lexus as the largest luxury automaker in the United States.
“We’re really breathing down Lexus’ neck,” said Jim O’Donnell, CEO of BMW Group’s North American sales operation. ”We were slightly ahead of Lexus (in sales) until July. But we expect business to [...]
A leading automotive research company predicts that U.S. will monthly auto sales will rise above the 1 million mark for the first time for 2009 in August, mainly because the government’s Cash for Clunkers program.
J.D. Power and Associates said it based the prediction of 1.1 million sales on data gathered from 10,000 dealers nationwide during [...]
Put the brakes on the apologies. Think about your brands. And give us a reason to buy your cars.
That’s what marketing gurus say General Motors Co. must do as it begins a massive overhaul of advertising worth more than $2 billion a year now that it’s out of bankruptcy protection.
Since emerging from bankruptcy last month, [...]
General Motors may need to cut thousands more jobs, but the company has no plan to close any additional plants in Flint or elsewhere, a spokeswoman said today.
Sherrie Childers Arb, a GM spokeswoman, said the company may have to add to the ranks of those on indefinite layoff in order to reach its goal of [...]
WASHINGTON — The Obama administration appealed to the Senate Monday to bail out the popular but reeling “cash for clunkers” rebate program, arguing that it already has improved vehicle fuel efficiency by over 60 percent and stating that nearly half the cars bought through the program were produced by Detroit automakers.
Putting pressure on lawmakers to [...]
DETROIT — Lured by the government’s cash-for-clunkers campaign, car and truck buyers started to return to Ford Motor Co. showrooms last month, with the automaker reporting its first U.S. sales increase in nearly two years.
July sales of light vehicles rose 1.6 percent from the same month last year. Ford sold 158,354 vehicles, a 2.2 percent [...]
