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News By Topic: Automobile Manufacturers

Used Vehicle Certification Programs Continue to Increase in Popularity, Despite Competition From Attractive New-Vehicle Incentives

Used Vehicle Certification Programs Continue to Increase in Popularity, Despite Competition From Attractive New-Vehicle Incentives

Lexus Certification Program Ranks Highest in Customer Satisfaction for Second Consecutive Year WESTLAKE VILLAGE, Calif., June 4 -- Sales and awareness of certified pre-owned vehicles continue to increase, despite competition from aggressive new-vehicle incentives, according to the J.D. Power and Associates 2003 Used Ve ... Continue reading

Mazda's RENESIS Rotary Engine Named 'International Engine of the Year 2003'

Mazda's RENESIS Rotary Engine Named 'International Engine of the Year 2003'

IRVINE, Calif., June 4 -- Mazda's new RENESIS rotary engine, the power within the all-new Mazda RX-8 sports car, was today named "International Engine of the Year 2003" in a ceremony at Engine Expo 2003 in Stuttgart, Germany. Mazda's RENESIS also captured the top spot in two additional categories, "Best New Engine of 2 ... Continue reading

May U.S. Auto Sales Barely Beat Forecasts, With Only GM Posting a Gain Among Big Three

May U.S. Auto Sales Barely Beat Forecasts, With Only GM Posting a Gain Among Big Three

Detroit June 4, 2003; John Porretto writing for the AP reported that General Motors Corp. was the only of Detroit's Big Three automakers to post a sales gain in May, while the American affiliates of Toyota, Honda and Nissan all saw business increase from a year ago. "Emerging signs of a strengthening economy, a much-an ... Continue reading

DCX Update on Financial Performance and Outlook for 2003

DCX Update on Financial Performance and Outlook for 2003

STUTTGART, Germany and AUBURN HILLS, Mich., June 3 -- Following a Board of Management meeting today in Stuttgart, DaimlerChrysler is issuing additional guidance to the capital markets as to its likely financial performance in the second quarter and for the year as a whole. (Logo: http://www.newscom.com/cgi-bin/prnh/200 ... Continue reading

Mitsubishi's ProRally Lancer Evolution Heavy Favorite

Mitsubishi's ProRally Lancer Evolution Heavy Favorite

Team Mitsubishi Motor Sports America Brings Winning Streak To Susquehannock Trail ProRally in Wellsboro CYPRESS, Calif., June 3 -- Competition in the Open Class of the Sports Car Club of America (SCCA) ProRally Series will be fast and furious when Team Mitsubishi Motor Sports America, lead by Championship Series points ... Continue reading

AAA Warns of Dangerous Mercury Lurking in Your Car; New AAA Program Offers Free Mercury Switch Replacement

AAA Warns of Dangerous Mercury Lurking in Your Car; New AAA Program Offers Free Mercury Switch Replacement

SAN FRANCISCO--June 3, 2003--Hidden away in the hood and trunk lights of millions of California cars lies enough mercury to poison thousands of lakes and waterways. In response to this environmental threat, AAA of Northern California is offering free switch removal and replacement during its first ever "Mercury Switch ... Continue reading

Subaru of America, Inc. Reports May Sales

Subaru of America, Inc. Reports May Sales

- Total Sales Up Three Percent From Same Period Last Year - CHERRY HILL, N.J., June 3 -- Subaru of America, Inc., the only car company that offers symmetrical all-wheel drive as standard equipment on every vehicle in its product line, today announced May sales of 16,415 units. The total represents a 3 percent increase ... Continue reading

May 2003 U.S. Auto Sales Scorecard

May 2003 U.S. Auto Sales Scorecard

DETROIT, June 3, 2003; Reuters compiled the May U.S. sales and market shares of cars and light trucks listed by auto groups and their wholly owned subsidiaries. Percent changes are based on the daily sales rate. ... Continue reading

Kia Sorento, Sedona Sales Enjoy Best Month Ever

Kia Sorento, Sedona Sales Enjoy Best Month Ever

Kia Year-To-Date Sales Up IRVINE, Calif., June 3 -- Record monthly sales for the Kia Sorento SUV and Sedona minivan helped Kia continue the company's pace to set another annual record, despite May unit sales as a whole dropping 3.4 percent versus the same month in 2002. Year-to-date sales of 99,195 are up nearly half a ... Continue reading

Mitsubishi Motors Reports May Sales

Mitsubishi Motors Reports May Sales

S.U.V. Sales Up 23.2 Percent CYPRESS, Calif., June 3 -- Mitsubishi Motors North America, Inc. (MMNA) today reported May 2003 sales of 21,375 units, marking a 30.8 percent decline from May sales of 30,874 units in 2002. Sales of the company's expanding line of S.U.V.s grew 23.2 percent over May 2002 and are up 18.8 perc ... Continue reading

Toyota Announces Best-Ever Sales Month

Toyota Announces Best-Ever Sales Month

TORRANCE, Calif., June 3 -- Toyota Motor Sales (TMS), U.S.A., Inc., today reported its best-ever sales month in 46 years of business in the US with total May sales of 186,764 vehicles, an increase of 6.1 percent. Year-to-date sales now stand at 747,641, up 2.1 percent over the same period last year. "Emerging signs of ... Continue reading

Two-Wheeler Segment to Grow Fastest in the Indian Automotive Industry, Says Frost & Sullivan

Two-Wheeler Segment to Grow Fastest in the Indian Automotive Industry, Says Frost & Sullivan

SAN JOSE, Calif., June 3 -- The Indian automotive industry has been in a state of transition for a few years with the entry of international companies and new technologies significantly altering market dynamics. (Logo: http://www.newscom.com/cgi-bin/prnh/20010731/DATU003LOGO ) The increased number of market participant ... Continue reading

ZZ TOP To Perform At Corvette 50th Anniversary Celebration

ZZ TOP To Perform At Corvette 50th Anniversary Celebration

Legendary Rock Band To Close Out Two-Day Party In June DETROIT - Chevrolet Motor Division today announced that ZZ TOP will perform on June 28, 2003 in Nashville as part of the official Corvette 50th Anniversary Celebration. Chevrolet is holding the Corvette 50th Anniversary Celebration to commemorate a half-century wit ... Continue reading

GM Announces June Sales Incentives

GM Announces June Sales Incentives

Additional Customer Cash Added on Selected Vehicles Program Continues 0.0 Percent Financing for Five Years on Most GM Vehicles DETROIT - General Motors Corp. today announced its latest marketing program which runs from June 3 through July 7, 2003. GM is offering cash rebates of up to $4,000 on select new 2003 GM vehicl ... Continue reading

GM Reports May Sales of 435,495, Up 4 Percent

GM Reports May Sales of 435,495, Up 4 Percent

Trucks Establish New Industry Record For Second Consecutive Month Full-Size Pickups Up 14.5 Percent and Total Utilities Up 24 percent DETROIT - General Motors Corp. dealers sold 435,495 new cars and trucks in May in the United States, up 4 percent compared with May 2002. GM's overall truck sales (258,165) were up 13 pe ... Continue reading

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