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Updated: November/19/2009
GM revising entire focus, exec tells area group
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A regional sales executive for two of General Motors Co.’s four remaining vehicle brands said yesterday the recovering automaker is redirecting its entire business to focus “on the three C’s: its customers, its cars, and its own culture.”
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Updated: November/18/2009
Chrysler boosts Dundee plant; engine line to gain jobs, add output
Chrysler Group LLC plans to invest $179 million and create 155 jobs at its Global Engine Manufacturing Alliance plant in Dundee over the next five years. It plans to build its advanced 1.4-liter engines there for the automaker's line of small vehicles. Michigan officials approved $4.6 million worth of incentives Tuesday to assist the opening of the southern half of the facility.
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Updated: November/17/2009
GM reports $1.2B loss but outlook brightens
General Motors Co. said Monday it lost $1.2 billion from the time it left bankruptcy protection through Sept. 30, far better than it has reported in previous quarters and a sign that the auto giant is starting to turn around its business.
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Updated: November/17/2009
Dundee engine plant to get $179M investment, 155 more jobs
Chrysler Group LLC will invest $179 million and create 155 new jobs at its Global Engine Manufacturing Alliance plant in Dundee over the next five years, where it will build its advanced 1.4 liter engines for the automaker's line of small vehicles. GEMA has been named the most productive engine plant in North America by the prestigious Harbour Report for two straight years.
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Updated: November/16/2009
GM reports $1.2B loss, says it shows progress
DETROIT — General Motors Co. says it lost $1.2 billion from the time it left bankruptcy protection through Sept. 30, far better than it has reported in previous quarters and a sign that the auto giant is starting to turn around its business.
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Updated: November/06/2009
Toyota has quarterly profit
Toyota Motor Corp. reported a surprise profit yesterday and cut its projected red ink for the year by half, adding to growing evidence that carmakers are starting to recover from the deepest industry downturn in years.
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Updated: November/05/2009
Ford to put air bags into back seat belts
Air bags have long been mounted in the steering wheel, dashboard and sides of vehicles. Now, they're in the seat belts. Ford Motor Co. plans to introduce seat belt-mounted air bags in the back seat of the 2011 Ford Explorer sport utility vehicle, which will hit the market next fall. Ford says it's the first automaker to mass produce the technology
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Updated: November/05/2009
Chrysler not running in the red, CEO says
Chrysler Group LLC is making an operating profit and building cash, the No. 3 U.S. automaker's boss told reporters and industry executives Wednesday as he unveiled a five-year plan to turn around the company.
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Updated: November/05/2009
'Clunkers' deals aided economy, not environment
The most common deals under the government's $3 billion "cash for clunkers" program, aimed at putting more fuel-efficient cars on the road, replaced Ford or Chevrolet pickups with new ones that got only marginally better gas mileage, an Associated Press analysis of new federal data found.
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Updated: November/04/2009
Chrysler predicting profitability by 2011
Chrysler Group LLC, the money-losing U.S. automaker run by Fiat SpA, expects to break even next year and be profitable by the end of 2011, three people familiar with the matter said.
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Updated: November/03/2009
GM board decides to keep European Opel unit
General Motors Co. said Tuesday it will keep its European Opel unit and restructure it instead of selling a 55 percent stake to Canadian auto parts maker Magna International and its partner, Russian lender Sberbank.
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Updated: November/02/2009
Ford surprises with $1B profit; sees profit in '11
Ford, the only Detroit automaker to dodge direct government aid and bankruptcy court, surprised investors with net income of nearly $1 billion in the third quarter and forecast a "solidly profitable" 2011. The automaker said Monday earnings were fueled by U.S. market share gains, cost cuts and the Cash for Clunkers program, which drew flocks of buyers to showrooms this summer.
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Updated: October/30/2009
Ford hopes dim as workers veto changes
DETROIT — Ford Motor Co.'s hopes for a cost-cutting labor agreement grew dimmer, with two more United Auto Workers locals in Chicago rejecting the changes. Key local unions were scheduled to vote later Friday.
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Updated: October/30/2009
Chrysler to offer TV broadcasts in vehicles
If the morning commute interrupts your regular newscast, Chrysler Group LLC may have a solution - live TV in your car with news, sports, and other cable channels.
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Updated: October/28/2009
Chrysler's dealers left to wonder about plans
Chrysler Group LLC has been sending its dealers back to class, reminding them about the importance of courtesy and communication: Always return phone calls. Limit wait times. Open doors for customers.
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Updated: October/28/2009
Ford sitting atop survey for reliability
Ford Motor Co., the only major U.S. automaker to avoid bankruptcy, ranks higher than its domestic competitors in reliability, with average or above ratings on 90 percent of its models, Consumer Reports magazine said.
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Updated: October/27/2009
Dealers anxious as Chrysler stays mum on car plan
DETROIT — Chrysler has been sending its dealers back to class, reminding them about the importance of courtesy and communication: Always return phone calls. Limit wait times. Open doors for customers.
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Updated: October/24/2009
Overhaul urged for Ohio's auto industry
COLUMBUS - Ohio must streamline regulation, promote research, and expand eligibility for existing tax credits if the state's struggling auto industry is to survive and thrive, a bipartisan state panel has concluded.
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Updated: October/23/2009
Electric car-maker to build vehicles at Del. plant
DOVER, Del. — People with knowledge of talks between Fisker Automotive and Delaware officials say the company plans to build vehicles at a former General Motors plant in Wilmington.
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Updated: October/22/2009
Ford, UAW see opposition to contract changes
DEARBORN, Mich. — Ford Motor Co. and the United Auto Workers union are running into opposition from some workers who don't want proposed contract changes.
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Updated: October/21/2009
Auto task force shocked by state of GM, Chrysler
WASHINGTON — Shockingly poor financial management at General Motors and Chrysler weakened their case for a federal bailout, but officials feared letting them collapse, the former head of a government auto task force said Wednesday.
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Updated: October/21/2009
15 GM vehicles are returned as guarantee period opens
So far, just 15 General Motors Co. vehicles out of tens of thousands sold have been returned for a refund under the automaker's heavily advertised money-back guarantee program, a spokesman said Tuesday.
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Updated: October/20/2009
Study: Electric cars can become greener
Electric cars will not be dramatically cleaner than autos powered by fossil fuels until they rely less on electricity produced from conventional coal-fired power plants, scientists said Monday.
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Updated: October/16/2009
GM slashes Cadillac dealers
Cadillacs soon will be unavailable in pink and every other color in Bryan and hundreds of other small towns across the nation. In an attempt to make the dealer network of the brand more like that of luxury competitors, owner General Motors Co. is withdrawing the vehicle from small dealerships with few sales to focus on medium-sized and large cities with more affluent residents.
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Updated: October/14/2009
Ford, UAW gain accord granting concessions
The United Auto Workers reached a tentative accord with Ford Motor Co. that would give the automaker contract concessions similar to those the union accepted at the company's U.S. competitors.
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Updated: October/14/2009
Ford adds 4.5M autos to recalls for switch
Ford Motor Co. said Tuesday it will add 4.5 million older-model vehicles to the long list of those recalled because a defective cruise control switch could cause a fire.
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Updated: October/10/2009
GM finalizes deal to sell Hummer to Chinese firm
Hummer, the off-road vehicle that once epitomized America's love for hulking trucks, is now in the hands of a Chinese heavy equipment maker. General Motors Co. and Sichuan Tengzhong Heavy Industrial Machinery Corp. signed the much-anticipated deal for GM to sell the brand Friday.
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Updated: October/09/2009
GM signs deal to sell Hummer brand
DETROIT — General Motors Co. announced Friday it has signed an agreement to sell control of its iconic Hummer brand to a Chinese heavy equipment maker.
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Updated: October/08/2009
GM’s top sales exec departing amid slump
Less than a week after reporting a sharp drop in September sales, GM said its U.S. sales chief is leaving as the automaker struggles to prop up its falling share of the market.
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Updated: October/07/2009
GM loses market share; N. American sales chief leaves
DETROIT — Less than a week after reporting a sharp drop in September sales, GM said its North American sales chief is leaving as the automaker struggles to prop up its falling share of the market.
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Updated: October/07/2009
Chinese firm proposes to build autos in Mississippi
A start-up car company run by a Chinese businessman unveiled four prototype vehicles Tuesday that it hopes to build at a proposed multibillion-dollar plant in northwestern Mississippi.
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Updated: October/06/2009
Hybrids less costly at pump, not shop
It has been a decade since the 2000 Honda Insight and later the 2001 Toyota Prius began quietly traversing America's roadways, endearing themselves and their groundbreaking technology to environmentalists everywhere.
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Updated: October/03/2009
Parts shortage triggers shutdown at Jeep
Chrysler Group LLC said yesterday that the factories at the Toledo Jeep Assembly complex that build the Wrangler will be shut down next week because of what the automaker described as "a parts shortage from an external supplier."
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Updated: October/02/2009
U.S. auto sales plummet 23%
General Motors Co., Toyota Motor Corp., and Ford Motor Co. said sales fell in September as waning demand after the "cash for clunkers" rebates cut industry deliveries to the second-slowest rate this year.
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Updated: October/01/2009
GM to close Saturn, dealership network as Penske deal fails
General Motors Co. will close Saturn and wind down its dealership network after a deal to sell the faltering brand to Penske Automotive Group collapsed, the automaker said Wednesday. The deal with Roger Penske, a former race car driver who has become an auto dealer magnate, was supposed to be finalized Wednesday.
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Updated: September/30/2009
GM to shut down Saturn after Penske walks away
DETROIT — General Motors Co. said Wednesday it would shut down its Saturn division after an agreement to sell it to Penske Automotive Group Inc. fell apart.
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Updated: September/30/2009
3.8M cars, trucks to be recalled by Toyota
Toyota Motor Corp. plans its biggest U.S. recall because of a defect that may cause floor mats to jam down the accelerator pedal on vehicles including the top-selling Camry, certain Lexus models, and its hybrid Prius.
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Updated: September/29/2009
Toyota recalls 3.8 million cars over acceleration safety issue
WASHINGTON — Toyota Motor Co. is launching a recall of 3.8 million Toyota and Lexus vehicles, telling owners to immediately remove driver's side floor mats that can stick under accelerator pedals and cause the vehicles to surge.
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Updated: September/26/2009
98% of car dealer rebates paid as 'clunkers' coasts to a finish
A month after shutting down its highly successful "cash for clunkers" program, the federal government announced Friday that it has paid out 98 percent of the nearly $3 billion due to participating dealers. "We've been paid on 229 of the 232 deals that we did," said Mike Williams, general manager at Yark Automotive Group in Sylvania Township.
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Updated: September/25/2009
Amid weakness at home, Ford, Toyota turn to China
NEW YORK — Ford Motor Co. plans to build a new assembly plant in China while Toyota Motor Co. will start selling an entry-level family car there, as the world's automakers pour more resources into the fast-growing Chinese car market amid weakness in their home countries.
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Updated: September/20/2009
As car inventories fall, prices could rise
DETROIT — When Rebbie Lewis McGowen decided to replace her 2000 Dodge Stratus sedan with a new loaded-up Jeep Grand Cherokee, she was amazed that her favorite dealer agreed to a price that was about the same as she paid for a similar Jeep nine years earlier.
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Updated: September/19/2009
Chrysler to transform Ram into 4th brand
Chrysler Group LLC will create a fourth brand among its vehicle lineup, differentiating its line of Dodge Ram trucks from the rest of the Dodge brand, and reducing the amount of advertising for Jeep and Chrysler in the process, The Blade has learned.
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Updated: September/11/2009
GM rescinds white-collar pay cuts made in spring
DETROIT — General Motors Co. has rescinded white-collar pay cuts it made last spring as it desperately tried to conserve cash and avoid filing for bankruptcy protection.
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Updated: September/11/2009
Dundee plant to get a boost
Chrysler Group LLC has dissolved its six-year-old Global Engine Manufacturing Alliance agreement with two foreign partners to allow the automaker to expand production at its award-winning engine plant in Dundee.
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