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Auto Dealer News

Auto Dealers news continually updated from thousands of sources around the net.

1 hr ago | South End Standard

I couldna t send Moggie Minor to the scrapyard

THEY'VE trundled along our roads since 1948 and have became an iconic part of British motoring history, typifying English eccentricity with their polished ash wood frames.

Comment?

5 hrs ago | Green Bay Press-Gazette

Glenn Garvin: The Obama administration's funny numbers game

We used to hear quite a bit about the Bush administration's supposed 'war on science.' What about the Obama administration's war on mathematics? Every time somebody tries to test the logic of the president's economic policy using actual numbers, the White House starts screaming about space aliens.

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Related Topix: Mathematics, Science, Science / Technology, Space, NASA

9 hrs ago | RTE Business

Car tax change fuels diesel shift

People are buying more energy efficient cars as a result of the Government's changes to vehicle registration tax.

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13 hrs ago | The Daily Breeze

Rising commodity prices lift stocks

FOLLOW THE MONEY: Stimulus spending by industry and county TODAY'S BUSINESS NEWS: &#187 Buffett's Berkshire buys Burlington Northern rail &#187 Oil prices rise as Fed meets on interest rates &#187 Treasurys decline ahead of Fed, auction details &#187 Dollar rises ahead of central bank announcements &#187 33% of polled LA employers to layoff in 2010 ...

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Related Topix: Financial Markets, Railroads, Burlington Northern Santa Fe, Berkshire Hathaway, Insurance, Travel/Tourism, Royal Caribbean Cruises, 9

Fri Nov 06, 2009

The Age

Prius top car in Japan for sixth month

Toyota's popular Prius hybrid was the top-selling car in Japan in October for the sixth straight month, helped by tax breaks and government subsidies for environmentally friendly vehicles, an industry group said Friday.

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Related Topix: Toyota Prius, Hybrid Vehicles, Toyota, Toyota Motor, Automakers

NBR Newsroom

GM cancels deal to sell Opel to Russian-backed group

In a shock move, General Motors has cancelled plans to sell its European car business, comprising the Opel and Vauxhall marques, to a Russian-backed consortium.

Comment?

Related Topix: Automakers, General Motors

WOWT-TV Omaha

Judge Combines Trials In Nebraska Car Dealer Case

A judge has approved a request to consolidate the trials of two auto dealership executives accused in the March disappearance of more than 80 vehicles from a Scottsbluff car lot.

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Related Topix: Scottsbluff, NE, Scotts Bluff County, NE

Herald-Standard

Ahead of the Bell: Wholesale Inventories

Businesses likely slashed wholesale inventories for a record 13th consecutive month in September.

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The Globe and Mail

European 2009 Ford Fiesta is coming to Canada and the U.S. next year as a 2011 model.

New Models What you'll be driving in 2010 European 2009 Ford Fiesta is coming to Canada and the U.S. next year as a 2011 model.

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Related Topix: Mercedes-Benz S-Class, Mercedes-Benz, Hybrid Vehicles, Electric Vehicle, Chevrolet Volt, Chevrolet, Chevrolet Cobalt

Thu Nov 05, 2009

Business Times

Toyota posts surprise Q2 profit, raises outlook

TOKYO: Toyota Motor, the world's largest automaker, announced yesterday a surprise return to profit and narrowed its loss forecast for the full year, helped by demand for fuel-efficient cars.

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WNOL-TV New Orleans

Sirius XM 3Q loss narrows on smaller charges and higher revenue

Sirius XM Radio Inc., the satellite radio provider that was on the brink of bankruptcy nine months ago, on Thursday reported a much improved third quarter as it signed up more subscribers and paid down debt.

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Related Topix: Cable & Satellite, Media, Radio, Sirius Satellite Radio, XM Satellite Radio Holdings, Television, Electronics, Economics News, Bankruptcy, Howard Stern

MLive.com

Report: Four businessmen gave ex-Detroit Mayor Kwame Kilpatrick $240k before he signed loans

It appears four major players in the Detroit business community gave former Detroit Mayor Kwame Kilpatrick a total of $240,000 months before finalizing a repayment plan, raising the question of whether the money originally was intended as a gift, not a loan.

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Related Topix: Detroit, MI, Compuware, Software, Retail, Financial Services

Canada.com

Raise gas-tax to boost efficency: execs

There's a simple way to get people to drive fuel-efficient cars, according to auto executives, but they are not going to like it - sharply hike the gas tax.

Comment?

Related Topix: Toyota Motor, Automakers, Toyota Prius, Hybrid Vehicles, Toyota, Retail, Autonation, Electric Vehicle, Chevrolet Volt, Chevrolet

Asia News Network

TOKYO: Eco-car tax breaks a boon for frugal gas-engined car sales

Tax breaks and subsidies on the purchase of eco-friendly cars after scrapping old vehicles are boosting sales of not only hybrid cars, but also fuel-efficient gasoline-engined models.

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Related Topix: Hybrid Vehicles, Electric Vehicle, Toyota Motor, Automakers

Salisbury Journal

'Cash for bangers' boosts car sales

New car sales soared last month as buyers continued to take advantage of the Government's "cash for bangers" car scrappage scheme.

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Wed Nov 04, 2009

The Sydney Morning Herald

New car sales rebound in October

The car market rebounded in October, with sales increasing for the first time since June last year.

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Related Topix: Toyota Corolla, Toyota, Toyota Land Cruiser, Toyota Camry

Deseret Morning News

Clunker pickups traded for new pickups

The most common deals under the government's $3 billion Cash for Clunkers program, aimed at putting more fuel-efficient cars on the road, replaced old Ford or Chevrolet pickups with new ones that got only marginally better gas mileage, according to an analysis of new federal data by The Associated Press.

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Related Topix: Ford F150, Ford Escape, Ford, Chevrolet, Toyota Prius, Hybrid Vehicles, Toyota

Clinton County News

Ford earns $1 billion in quarter, sees bright future

One of the troubled Detroit Three automakers, Ford, is making money again and looking for better times in no more than two years.

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Related Topix: Ford Focus, Ford, Ford Taurus, Automakers, General Motors, Economics News, Bankruptcy

Bloomberg.com - Asia

Honda Plans to Add About 100 Dealerships a Year in China, CFO Hojo Says

Honda Motor Co. , Japana s second- largest carmaker, plans to add on average about 100 car dealerships a year in China over the next five years to meet demand, Chief Financial Officer Yoichi Hojo said.

1 comment

Related Topix: Automakers, Honda Motor Co, Honda

INAUTONEWS

American Honda Reports October Sales

American Honda Motor Co., Inc., posted total October vehicle sales of 85,502, a decline of 4.0 percent compared to October 2008, based on the daily selling rate*. Honda Division posted October sales of 75,751, a decline of five units versus October 2008.

1 comment

Related Topix: Honda CR-V, Honda, Automakers, Acura, Acura TSX, Acura MDX

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