| Auto Sales Led by Trucks Jump in May |
Jun 3rd, 2013 |
Automakers reported strong May sales on Monday, fueled by trucks and sport utility vehicles, with the Ford Motor Company and Chrysler Group reporting double-digit gains. General Motors, the largest American automaker, trailed its rivals with only tepid growth. The rise in truck sales followed a recovery in the housing market and a surge in the construction and oil industries. Automakers ...
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| Toyota says U.S. industry auto sales 15.3 mln on annualized basis |
Jun 3rd, 2013 |
DETROIT, June 3 | Mon Jun 3, 2013 2:51pm EDT DETROIT, June 3 (Reuters) - Toyota Motor Corp said U.S. May industrywide auto sales rose 8 percent to some 15.3 million vehicles on a seasonally adjusted annualized rate. This figure would outpace the 15.1 million annualized forecast of analysts polled through last week by Thomson Reuters. Toyota's U.S. May sales rose 2.5 percent, which ...
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| Tesla Stock Today Looking A Lot Like General Motors In 1915 |
Jun 3rd, 2013 |
(GM) back in 1915, a company that succeeded in taking the nascent U.S. auto industry to a new level with its introduction of the production V-8 engine, a major development at the time. Tesla's approach to the electric automobile is a stark contrast to the efforts of other automobile companies that have essentially reduced the electric car concept to one of ugly utilitarianism while failing ...
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| Insignia helps dealerships build profits by personalizing autos |
Jun 3rd, 2013 |
Insignia Group helps dealership sell auto personalization. The principals are (left to right) James Brooks, vice president of user experience; David Stringer, president; Brian Smithson, vice president of engineering, and Mike Pierce, vice president of new business. Insignia Group in Rock Hill is based on the idea that we all want our automobiles to be unique. Insignia, based in a former insurance ...
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| Recall Alert 420000 Ford Sedans SUVs |
Jun 3rd, 2013 |
Ford is recalling more than 420,000 model-year 2013 sedans and SUVs to check for fuel-tank leaks that could result in a fire; affected models include ...
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| Mixed Signals for Economy Auto Sales Strong |
Jun 3rd, 2013 |
The U.S. economy continues to show mixed signals Monday, with manufacturing declining for the first time since last fall while the major automotive manufacturers reported their best sales in years.The Institute for Supply Management reported that its index declined in May to 49 percent from 50.7 percent in April. It's the first decline in manufacturing since November 2012 and the lowest ...
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| Feds Ask States To Ban Self-Driving Cars |
Jun 3rd, 2013 |
With autos adding features each year that bring them steps closer to driving themselves, the National Highway Traffic Safety Administration (NHTSA) just announced it would be conducting an exhaustive study on the safety implications of autonomous driving technology and would provide guidance to states on how best to license and regulate them. In the meantime, however, NHTSA would prefer states ...
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| Pick-Ups Power May Auto Sales |
Jun 3rd, 2013 |
America's resurgent housing market, along with strong demand from the booming energy sector, are pushing pick-up truck sales to their strongest levels in six years. "We are seeing a lot of increased business primarily due to the increases in housing. Availability of consumer credit is obviously not hurting us either," said Kurt McNeil, Vice President of U.S. sales ...
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| VW sales off 1.7 Audi up Jaguar leaps |
Jun 3rd, 2013 |
Dr. Ralf D. Speth, CEO of Jaguar LandRover Limited, poses next to a new Jaguar F-Type, a car that shows the popularity of small fuel efficient ...
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| Nissan sales jump 24 percent Leaf has second-best month |
Jun 3rd, 2013 |
Nissan North America's U.S. sales jumped 24.7 percent in May, the Franklin-based division of the auto giant announced today. Nissan sold 114,457 vehicles last month. Sales of Nissan-branded vehicles increased to 106,558 sales, up from 81,202 a year ago. "We are in the midst of launching five all-new, top-selling Nissan models in 15 months, and the effort is paying off," said ...
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