Korea GM Daewoo January Auto Sales Down 15.4% On Year
Feb 4, 2003
SEOUL-February 3, 2003; Dow Jones reported that GM Daewoo Automotive & Technology Co. said Tuesday its January auto sales dropped 15.4% on year to 29,096 units, due mainly to fewer overseas distributors than a year earlier. GM Daewoo, which took over the major operations of bankrupt Daewoo Motor Co. last year, acquired ... Continue reading
European Car Stocks Decline After Poor January US Sales
Feb 4, 2003
LONDON, Feb 4, 2003; Alison Tudor writing for Reuters reported that shares of European carmakers dropped on Tuesday morning amid fears they were losing share in a shrinking U.S. market and on caution ahead of results from German-U.S. car giant DaimlerChrysler. U.S. auto sales released overnight showed a slowdown in Jan ... Continue reading
Chrysler Ups Incentives After Sales Drop
Feb 4, 2003
DETROIT February 3, 2003; Reuters reported that the Chrysler side of DaimlerChrysler AG said on Monday it was raising its consumer incentives, after announcing a 12 percent drop in its January U.S. auto sales. Chrysler executives have long complained about Detroit's escalating price war, and the deep discounts that Gen ... Continue reading
Saab Jan U.S. vehicle sales up 62.0 pct
Feb 4, 2003
DETROIT, Feb 3, 2003; Reuters reported the following Saab Automobile AB U.S. sales of cars and light trucks in January 2003 versus the same year-earlier month. Percent changes are based on the daily sales rate, and reflect 25 selling days in January vs. 25 in the same month last year. ... Continue reading
Top Selling Cars In USA In January 2003
Feb 4, 2003
DETROIT, Feb 3, 2003; Reuters reported the following are the 20 top- selling vehicles in the U.S through January, as reported by the automakers. Total sales of the top 20 vehicles rose 3.8 percent or 13,773 units to 376,210. Following is a list of the top-20 selling vehicles, ranked by total units. Rank Vehicle Jan-03 ... Continue reading
Feb 4, 2003
February 3, 2003; The Associated Press prepared this recap of January 2003 car and light truck sales in the United States by the major automakers. Industry totals include 21 automakers. BMW of North America and Daewoo International did not report sales Monday. The table compares sales in January 2003 with sales in Janu ... Continue reading
Starcraft Corporation's First Quarter Net Income Doubles
Feb 4, 2003
GOSHEN, Ind.--Feb. 3, 2003--Starcraft Corporation , today announced results for its fiscal first quarter ended December 29, 2002, as follows: -- Revenues up 91% to $39.9 million; -- Net income up 119% to $2.0 million; and -- Basic earnings per share up 110% to 44 cents per share. These results are compared to the year- ... Continue reading
Judge Rules Volvo Truck's Parking Brake System Not Defective After Three-Day Trial
Feb 4, 2003
MINNEAPOLIS--Feb. 3, 2003--Following a three-day court trial, United States District Court Judge Paul A. Magnuson ruled that a Volvo semi-tractor's parking brake system was not defective. The case arose from a fire that occurred when a U.S. Xpress, Inc. truck driver drove the Volvo truck 16 miles with the parking brake ... Continue reading
Nissan North American January Sales: Infiniti Sales Up 54.3%
Feb 3, 2003
GARDENA, Calif. February 3, 2003; Dow Jones reported that Nissan North America Inc. reported January vehicle sales rose 1.2% to 55,209 units from 54,534 a year ago, helped by sharp sales gains in the Infiniti division. In a press release Monday, Nissan North America, which includes Infiniti and Nissan brand operations, ... Continue reading
Feb 3, 2003
FOR RELEASE: February 3, 2003 GM Launches Chevy Towing Tour Traveling Interactive Exhibit To Showcase Advantages Of Towing With Chevy Trucks PONTIAC, Mich. - General Motors has kicked off the 2003 Chevy Towing Tour to inform customers of towing advantages of Chevy trucks at various venues throughout the United States. ... Continue reading
Feb 3, 2003
AUBURN HILLS, Mich. and STUTTGART, Germany, Feb. 3 -- The Chrysler Group announced today that production of the all-new 2004 Chrysler Crossfire is underway. Chrysler Group Chief Operating Officer Wolfgang Bernhard marked the occasion by driving the first Chrysler Crossfire off the assembly line in Germany. Members of t ... Continue reading
Feb 3, 2003
FOR RELEASE: February 3, 2003 Detroit - General Motors announced to its HUMMER dealers at the National Automotive Dealers Association conference that it will add a second bodystyle to the HUMMER H2 lineup, the sport utility truck (SUT) in 2004. The SUT will in every way be a HUMMER. Like its brother the H2 SUV, the SUT ... Continue reading
Feb 3, 2003
Believe Products that Deliver Good Value and Peace of Mind Drive Customer Purchasing Decisions SAN FRANCISCO, Feb. 3 -- Eighty-nine percent of dealership owners and senior executives said they are pursuing sales of after market products as a strategy to improve per vehicle revenue (PVR) while maintaining a high custome ... Continue reading
Feb 3, 2003
SAN FRANCISCO, Feb. 3 -- A study shows that the design and functionality of automakers' Web sites can significantly increase or decrease vehicle test drives and therefore sales, depending on how well the site performs. The study by Forrester Research showed that after using a vehicle manufacturer's Web site, 30 percent ... Continue reading
Porsche Cars North America Reports January U.S. Sales
Feb 3, 2003
ATLANTA, Feb. 3 -- Porsche Cars North America, Inc., (PCNA), importer and distributor of Porsche sports cars in the United States, today announced U.S. retail sales for January totaled 1,345 cars, a decrease of 9 percent compared to the same period last year. "Sales are lower due to uncertainty in the economy," said Fr ... Continue reading
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