10 Updates

Slow import sales, save auto industry

Source: The Olympian , Nov 10 2012, 2:48am CST

tool goes here As an owner of my third Kia Soul, I can only speculate that a government agency may have acted with deliberation of forethought to slow runaway Korean car sales long enough for the bailed-out American automakers to ...

Continue reading on: The Olympian

 
 
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10

4 minutes ago

GM looking good for sales rise

Source: The Australian  |   May 23 2013, 9:51am CDT

FORD'S announcement that it will cease manufacturing in Australia in 2016 opens a potential new opportunity for rival GM Holden to fill the gap in the fleet sales market left by the demise of the Falcon. Fleet pu ...

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16 minutes ago

An Untapped Market That Tesla Could Dominate

Source: Motley Fool  |   May 23 2013, 9:39am CDT

Daniel is a member of The Motley Fool Blog Network -- entries represent the personal opinion of the blogger and are not formally edited. Tesla (NASDAQ: TSLA) has been an absolute gorilla on the markets recently. The company just completed a new fina ...

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Latest Business News

 
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18 minutes ago

U.S. new car sales seen up about 8 pct in May -research firms

Source: Reuters Mobile  |   May 23 2013, 9:37am CDT

DETROIT, May 23 (Reuters) - U.S. auto sales in May are expected to rise about 8 percent and the annual sales pace should rebound back above 15 million vehicles after a disappointing result in the prior month, two research reports said on Thursday. Sale ...

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25 minutes ago

The worst candidate for government help

Source: Sydney Morning Herald  |   May 23 2013, 9:30am CDT

Illustration: Rocco Fazzari Ford was always going to fold. Management expert Professor Roy Green served on the Prime Minister's manufacturing taskforce and her manufacturing leaders advisory group. He says it was the ''wea ...

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25 minutes ago

Era of the Aussie car over

Source: Sydney Morning Herald  |   May 23 2013, 9:30am CDT

Australia's loss-making car industry is under threat and risks closure following Ford's move to end nearly 100 years of local manufacturing. The decision comes as Ford revealed fresh losses of $141 million and as the ACTU warned of ...

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39 minutes ago

Ford To Shutter All Australian Auto Plants In 2016

Source: Auto Spies  |   May 23 2013, 9:16am CDT

Ford Australia boss Bob Graziano today announced the closure from October 2016 of the car-maker's two Victorian plants, at Geelong and Broadmeadows, and the junking of the iconic Falcon brand. Unveiling a $141 million after-tax loss for the 2012-13 ...

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46 minutes ago

It's time for car parts makers to plan

Source: NEWS.com.au  |   May 23 2013, 9:09am CDT

Victoria's manufacturing industry is in crisis, with Ford pulling the plug on its local operations End of the road: Ford Australia assembly plant. Picture: Ian Currie Source: News Limited THE automotive component ...

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49 minutes ago

Randy Wise Ford builds new facility in Ortonville

Source: The Oakland Press  |   May 23 2013, 9:06am CDT

When a business expands and invests in the future of a community, it is especially appreciated in small towns. Randy Wise Ford recently completed construction of a new $3 million-plus, state-of-the-art dealership on M-15 ...

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2

1 hour ago

Buzz Stocks: Hewlett-Packard Company (HPQ), J.C. Penney Company, Inc. (JCP), Tesla Motors Inc (NASDAQ:TSLA), and Ford Motor (F)

Source: SchaeffersResearch.com  |   May 23 2013, 8:20am CDT

Hewlett-Packard Company's (NYSE:HPQ) fiscal second-quarter earnings came in at 87 cents per share, excluding items, beating the consensus forecast of 81 cents per share. The computer maker also reaffirmed full-year earnings-per-share guidance of ...

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2 hours ago

Kia Soul EV to Cost $35,000 and Offer a Driving Range of 124 Miles / 200km

Source: Carscoop  |   May 23 2013, 7:43am CDT

When it comes to the electric vehicle segment, Kia and its parent company Hyundai are lagging behind the competition, which is why the Korean companies are planning to launch their first mass produced EV as early as 2014. According ...

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