GMAC Financial Services Reports Preliminary First Quarter 2010 Financial Results
May 3, 2010
- Reported first profitable quarter since fourth quarter 2008; Fifth consecutive profitable quarter from the core automotive business - First quarter 2010 net income of $162 million and core pre-tax income of $564 million - Announces intention to rebrand GMAC Inc. to Ally Financial Inc. on May 10, 2010 NEW YORK, May 3 ... Continue reading
Chevrolet-Buick-GMC-Cadillac Sales Increase 20 Percent in April
May 3, 2010
DETROIT, May 3 -- -- Combined Retail Sales for Chevrolet, Buick, GMC and Cadillac Increase 33 percent -- Seventh Consecutive Month of Combined Sales Gains for GM's Four Brands -- Calendar-Year-to-Date Sales for GM's Four Brands are up 31 Percent A combined retail sales increase of 33 percent for Chevrolet, Buick, GMC a ... Continue reading
Kia Motors America Announces April Sales
May 3, 2010
Sales Led by All-New 2011 Sorento CUV as Kia Brand Continues to Rise IRVINE, Calif., May 3 -- Kia Motors America (KMA) today announced April sales of 30,036 units sold, a 17.3-percent increase over the same period last year. Year-to-date sales are up 12.9-percent with the all-new Sorento CUV topping the list as Kia's b ... Continue reading
Porsche Reports April Sales in the U.S.
May 3, 2010
ATLANTA--Porsche Cars North America, Inc. (PCNA), importer and distributor of Porsche sports cars, Cayenne SUVs and the Panamera Gran Turismo in the United States, today announced April sales in the U.S. of 1,747 units compared to the same period last year when it sold 1,853, a decrease of 6 percent. Despite the overal ... Continue reading
Will the Merger of United and Continental Airline be Named FUBAR AIR?
May 3, 2010
HOUSTON & CHICAGO--Continental and United today announced a definitive merger agreement, creating the worldââ¬â¢s leading airline with superior service to customers, expanded access to an unparalleled global network serving 370 destinations around the world, enhanced long-term career prospects for employees, ... Continue reading
Luxury Car Makers Hope Small is Beautiful
May 3, 2010
Washington DC May 3, 2010; The AIADA newsletter reported that the new Aston Martin Cygnet is definitely not the sort of car youâd expect to see super-spy James Bond driving. Measuring barely 10 feet from nose to tail, the three-door hatchback is the polar opposite of sleek Aston sports cars, such as the low-slung, ... Continue reading
ADAC Breakdown Statistics Confirm Impressive Reliability of BMW and Mini Models.
May 3, 2010
With two class victories and top marks for a host of other models, BMW and MINI have again performed excellently in the ADAC breakdown statistics. ... Continue reading
Automotive Incentives and Rebates for May Give Consumers Largest Savings to Date
May 3, 2010
- Automakers Offering up to $6,500 Cash Back or 0% for 72 Months - COSTA MESA, Calif., May 3 -- NADAguides.com, the leading provider of pricing information and market research for new and used cars, classics, RVs, motorcycles and boats, today identified the auto industry's most aggressive new car incentives and rebates ... Continue reading
Giant-killing Mazda3 MPS Chases Showroom Podium
May 3, 2010
The Mazda3 MPS of Brendan Reeves today continued its quest for a Showroom podium at the 2010 Targa Tasmania, with Mazda's works driver moving up to second position and slotting into the top ten outright on day four of the gruelling tarmac event. ... Continue reading
Kia Motors: Five Grand Carnivals to help Meals on Wheels
May 3, 2010
Kia Motors Australia has supplied five new Kia Grand Carnivals to the NSW Meals on Wheels Association to help its 'Members' deliver food and services to frail older people and younger people with disabilities. ... Continue reading
For The Opening Of Shanghai Expo, Ferrari Launches Its Site In Chinese
May 3, 2010
Tomorrow Ferrari.com will speak Chinese. In occasion of the opening of the Expo of Shanghai Ferrari for the first time in its history is launching a Chinese version of its official site ... Continue reading
Volkswagen: Jo Whiley Chooses Perfect Family Vehicle For Festival Fun
May 3, 2010
Jo Whiley, Broadcaster and DJ, plus mother of four children, has bought a new Volkswagen Caravelle, which she says is the best family car she has ever had. ... Continue reading
Fiat 500 Project Puts Customers in the Picture
May 3, 2010
A new project to celebrate the production of 500,000 Fiat 500 city cars has been announced by Fiat. ... Continue reading
45 Years Birthday Transit Comes Off the Line at Southampton
May 3, 2010
A special edition Transit called 'Sapphire' rolled off the line today at Ford's Southampton plant. At the same time Ford globally celebrated Transit's 6,000,000 sales milestone with simultaneous celebrations in Southampton,Turkey and China. The UK's favourite van turns 45 this year, with more than 2.1 million sales in ... Continue reading
Skoda Octavia RS Fastest Front-Wheel Drive in Targa Tasmania's Pure Tasmania Modern
May 3, 2010
Skoda Australia's entrant in this year's Targa Tasmania has completed the Pure Tasmania Modern as fastest front-wheel drive in this category ... Continue reading
The Auto Channel content library (since 1996) has grown to become the world’s most extensive and complete interactive archive of automotive centric news, articles, reviews and intense event coverage, presented to viewers as Text, Video and Images.
