TARP Blames Treasury Dept. for Shutting Down Dealerships too quick
Treasury Dept. is getting blamed for shutting down the troubled Auto Dealerships way too quick according to the report published by TARP. TARP or Troubled...
Barrett-Jackson Inaugural Orange County Auction Delivers Strong Results
The Barrett-Jackson Auction Company reported more than $15 million in total sales during its inaugural Southern California automotive lifestyle event on June 25-27, 2010...
US automakers post double-digit sales jump
US auto firms notched a double-digit jump in sales in May as they cashed in on an economic recovery while Japanese giant Toyota saw...
Toyota March Sales Up 26.3% in 2010
Crisis-hit automaker Toyota on Monday said global sales surged 26.3 percent year-on-year in March, despite millions of safety recalls worldwide. The Toyota group, which includes...
Volkswagen Profit Soars in First Quarter
Europe's top automaker Volkswagen reported runaway first-quarter results on Wednesday, with net profit almost doubling and sales soaring by close to a fifth, echoing...
S.Korea’s Kia Motors earnings quadrupled in Q1
South Korea's second largest carmaker Kia Motors said Friday its net profit more than quadrupled in the first quarter to March this year, thanks...
Obama Declares Auto Industry Bailout a ‘Success’
President Barack Obama announced Saturday that the bailout his government offered to General Motors and Chrysler last year have shown great results. President was...
Recalls? Toyota Still Showing Profit
Results from Toyota Motor to be released next month are expected to show the auto giant returning to profit in the year to March,...
Is US Economy Booming? Fleet Sales Confirm that!
Contradictory to the reports in the news media, it appears that the US economy is on an upward turn. AP is reporting that US...
GM China sales to hit three million by 2015
US auto giant General Motors said Monday it expected its annual car sales in China to hit more than three million vehicles in 2015...
