Posted by Mario on July 22, 2010
Fiat/Chrysler’s Marchionne Sees Global Recovery in ProgressJuly 21, 2010 By Michelle Krebs Fiat/Chrysler CEO Sergio Marchionne, in announcing the Italian manufacturer’s return to profitability in the second quarter, said he sees “substantial signs of economic recovery” across the globe. All Fiat divisions were in the black, Marchionne said in a Webcast from Chrysler’s Auburn Hills, [...]
Posted by Mario on July 21, 2010
Quickening Pace of July Sales Is Not a Full Recovery, Edmunds.com SaysJuly 20, 2010 Early July sales are selling at a rate close to 12 million vehicles on a Seasonally Adjusted Annual Rate, but Edmunds.com warns that should not be read as a sign of a full recovery for the industry. “July and August sales may suggest [...]
Posted by Mario on July 2, 2010
Weakness in June Auto Sales Stokes Fears of Slowing RecoveryJuly 02, 2010 Auto executives across the country were trying to avoid saying so on Thursday, but clearly there is new fear afoot in the industry that their happy “moderate” recovery in the American market may be deteriorating into something much less cheery – like [...]
Posted by Mario on June 3, 2010
Message from : If you can, please donate to the full-text RSS service so we can continue developing it. Just the Facts: May car and truck sales came in higher than most analysts forecasted. May saw the best monthly sales volume for the industry since the Cash for Clunkers program last August. Automakers sold 1,099,000 [...]
Posted by Mario on June 3, 2010
Message from : If you can, please donate to the full-text RSS service so we can continue developing it. VIDEO: Modest Recovery Appears Under Way, Edmunds.com Staffers SayJune 03, 2010 May sales reports from automakers came in stronger Wednesday than even Edmunds.com forecasted, suggesting a modest recovery is, indeed, under way. Edmunds.com CEO Jeremy Anwyl and analysts [...]
Posted by Mario on May 6, 2010
Family Sedans Emerging as Bedrock in Industry’s Slow RecoveryMay 04, 2010 It’s not the sexiest segment around, and speculation has long held that various new vehicle configurations, namely crossovers, would cause serious erosion of the midsize sedan market. But as the broad economic and auto-industry recoveries proceed almost in lockstep, it looks like cautious buyers re-entering [...]
Posted by Mario on April 27, 2010
Another Sign of Recovery: Ford to Post $1 Billion ProfitApril 26, 2010 In yet-another sign that the U.S. auto industry is righting itself, Ford Motor Co. is expected to announce a profit of $1 billion or better on Tuesday. Ford’s profit will be $1.08 billion in the first quarter, according to an average of analysts [...]
