Archive for March 7th, 2010

GM’s high hopes for bumper year in China market

Sunday, March 7th, 2010

Although it is facing the biggest challenge worldwide in its century old history, General Motors has found the Chinese market is giving it a glimpse of hope for business survival.

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Toyota, rivals in ‘dogfight’ for wary shoppers

Sunday, March 7th, 2010

A battle is raging for the tens of thousands of customers Toyota has lost since its recall crisis erupted six weeks ago — “a dogfight,” says one analyst who sees Toyota losing market share over the long term.
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Whitacre wants more sales — NOW!

Sunday, March 7th, 2010

If you’re puzzled by the serial reorganizations of General Motors Co.’s sales and marketing staffs, here’s the simple explanation: Ed Whitacre wants to sell more cars — NOW.
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Toyota moves past apologies, aims for sales

Sunday, March 7th, 2010

THE CAMPAIGN: New Toyota ads show brand loyalists and push big incentives to revive sales and keep the brand’s fans happy while the company works through its recall.

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GM Dealers Reinstate 600 Dealerships

Sunday, March 7th, 2010

General Motors executives say it will keep 600 dealerships across the country from closing down.

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GM to reinstate 661 dealerships

Sunday, March 7th, 2010

In a move that could provide economic relief for hundreds of communities nationwide, General Motors Co.

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Fed’s TALF Ends With $4.1 Billion of Loan Requests

Sunday, March 7th, 2010

The Federal Reserve received $4.1 billion in loan requests, the most in six months, from investors for the final round for its program that unlocked the market for asset-backed securities.

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Platinum, palladium rise on upbeat auto sales

Sunday, March 7th, 2010

By STEPHEN BERNARD Platinum and palladium led metals higher Tuesday following upbeat reports on auto sales.The two metals are used to make catalytic converters for automobiles, so any signs of growing demand for cars drives prices higher.’As long as investors feel relatively comfortable with auto sales, platinum and palladium will do very well,’ …

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