GM Reports Second Quarter Net Income of $1.2 Billion
Jul 25, 2013
EPS of $0.75 including net loss from special items of $0.09 per share EBIT-adjusted of $2.3 billion DETROIT â General Motors Co. today announced second quarter net income attributable to common stockholders of $1.2 billion, or $0.75 per fully diluted share. These results include a net loss from special items that ... Continue reading
Retail Market Drives Strongest July Car Sales Since 2006, Says Edmunds.com
Jul 25, 2013
Edmunds.com,forecasts that 1,328,397 new cars and trucks will be sold in the U.S. in July for an estimated Seasonally Adjusted Annual Rate (SAAR) of 15.8 million. The projected sales will be a 5.3 percent decrease from June 2013, but a 15.2 percent increase from July 2012. Edmunds.com anticipates that this month will b ... Continue reading
Jul 25, 2013
Acura and Porsche Tie for Highest Rank in Manufacturer Website Evaluation Study Satisfaction -- -- As tablet adoption continues to increase, automotive manufacturers strive to provide a satisfying website experience for both desktop and tablet users by improving functionality for both devices, according to the J.D. Pow ... Continue reading
Global NCAP Chairman Max Mosley Asks Car Industry Chiefs to Give Latin America Safer Vehicles
Jul 24, 2013
Global NCAP chairman Max Mosley has urged CEOs at Renault-Nissan, General Motors and Suzuki to apply the UN's minimum crash safety standards to their global passenger car production. New crash test results have indicated that popular cars sold by the manufacturers in Latin America pose an unacceptably high risk of deat ... Continue reading
The Hottest New Cars for 2014 From Forbes
Jul 18, 2013
Washington DC July 18, 2013; The AIADA newsletter reported that with the debilitating effects of the economic crisis firmly in the nationâs rearview mirror and new-car sales firing on all cylinders, the 2014 model year is serving up an engaging array of new and fully redesigned models, ranging from family sedans a ... Continue reading
Auto Industry Is Major Growth Market For INFICON North America
Jul 16, 2013
The North American auto industry is a major growth market for INFICON, a leading global provider of leak-detection systems critically important to auto makers and their suppliers. Thousands of leak tests to assure product quality take place on a daily basis at supplier facilities and automotive assembly plants througho ... Continue reading
Jul 8, 2013
Event to Showcase One-off Ferraris, Notable Porsche 911, and Celebrate 100 Years of Aston Martin The Quail, A Motorsports Gathering will make history this year as two famous Ferraris, never before shown together, will be on display at the 11th annual event on August 16, 2013. Additionally, a collection of the world's r ... Continue reading
Kelley Blue Book Highlights Fourth Of July New-Car Deals
Jul 3, 2013
KBB.com Reports on Financing, Cash Incentive, Lease Deals on Popular Models from Acura, Ford, Honda, Lexus, Toyota KBB.com Reports on Financing, Cash Incentive, Lease Deals on Popular Models from Acura, Ford, Honda, Lexus, Toyota Holidays are historically an ideal time for new-car shopping, and the experts from Kelley ... Continue reading
Jul 2, 2013
Compact and Luxury Crossovers Page Views Up; Mid-Size and Subcompact Page Views Decline on KBB.com RVINE, Calif., July 2, 2013 -- The estimated average transaction price for light vehicles in the United States was $31,663 in May 2013, up $370 (1.2 percent) from last month and up $269 (0.9 percent) year-over-year, accor ... Continue reading
Electric Cars Among Dirtiest Transportation Options According to Comprehensive Study
Jul 1, 2013
Electric cars lead to hidden environmental and health damages and are likely more harmful than gasoline cars and other transportation options according to a peer-reviewed report published today in IEEE Spectrum. The report, Unclean at Any Speed, indicates that the recent billions spent on subsidies for the Tesla, Nissa ... Continue reading
Ugliest Car in Texas Means Big Bucks for Drivers at Ingram Park Mazda
Jun 28, 2013
The "Whose Car is the Ugliest" contest at Ingram Park Mazda earns drivers $10,000 cash or $10,000 toward a new car in San Antonio The search for the ugliest car in Texas continues at Ingram Park Mazda. The dealership is sifting through Texas to find the most atrocious vehicle in the state for the "Whose Car is the Ugli ... Continue reading
June Car Sales Cap a Strong First Half of 2013 for the Auto Industry
Jun 28, 2013
June Car Sales Cap a Strong First Half of 2013 for the Auto Industry, Reports Edmunds.com "Within the last month we saw a slowing stock market and a stalled unemployment recovery, but the automotive market continues to shine through it all," says Edmunds.com Senior Analyst Jessica Caldwell. ... Continue reading
Jun 26, 2013
As the industry prepares for fall's auto show season--with three major shows scheduled for November and early chatter that automakers such as Porsche, Nissan, and Cadillac will unveil exciting new models--Jumpstart Automotive Group released its 2012 -- 2013 post-auto show roundup. Jumpstart analyzed online auto shopp ... Continue reading
Jun 20, 2013
At the 2013 AIAG Supply Chain Summit taking place at the Inn at St. John's in Plymouth, Michigan, today, representatives from QAD Inc. , Ford, Chrysler and GM will discuss use of the Materials Management Operations Guidelines/Logistics Evaluation (MMOG/LE) as a tool to support supplier assessment. Dave Doyle, a busines ... Continue reading
'Top Ten Most Refinanced Vehicles' List Reveals Practical Ownership Choices by Below Prime Consumers
Jun 11, 2013
With auto refinancing on the rise, CarFinance.com today released data on the Top Ten Most Frequently Refinanced vehicles and makes by its customers, since 2012. The report reveals that below-prime car owners, focused on lowering their interest rates and/or monthly payments through refinancing, tend to own sensible and ... Continue reading
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