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Home > Search for "2008 Infiniti M35"
Main > Car Makers News > Other > Auto briefs | detnews.com | The Detroit News Automotive research site Edmunds.com predicts January 2009 sales will show a 30 percent decline from year-earlier levels, due in part to slumping demand from fleet customers. Compared with December 2008 levels, Edmunds predicts U.S. auto sales will be 18 percent lower at 730,000 cars and light trucks. Estimated U.S. sales declines range from 23 percent for Honda Motor Co . to 48 percent for Chrysler LLC . AutoNation profits in quarter, loses for yearAutoNation Inc. , the nation's largest automotive... Full article... Article added: 2009-01-30 07:07:53 Article Views Rating: 129 Main > Car Makers News > Other > Lear acts to offset losses | detnews.com | The Detroit News Lear Corp. reported a fourth quarter net loss of $688.2 million or $8.91 a share on net sales of $2.6 billion. That compares with a net profit of $27 million or 34 cents per share in 2007. The pre-tax loss was $692.1 million, a ballooning loss from last year's net income of $45.1 million for the supplier of seating, electrical and electronic products for the auto industry. The loss includes a non-cash goodwill impairment charge of $530 million and restructuring costs of $66.2 million. Sales for the... Full article... Article added: 2009-01-30 07:07:52 Article Views Rating: 122 Main > Car Makers News > Other > Detroit Auto Show to reduce media preview days | detnews.com | The Detroit News Media previews at the North American International Auto Show will begin a day later beginning next year, organizers said Thursday, moving to Monday from the traditional Sunday start. The new schedule shortens media previews by automakers to about 30 events and eliminates the extra half day of press conferences, said Doug Fox, senior co-chairman of the show. "There are two primary days. But the move was made for a very good reason: The customers we serve asked for the changes." Exhibitors had complained... Full article... Article added: 2009-01-30 07:07:51 Article Views Rating: 134 Main > Car Makers News > Ford > Howes: Future uncertain for Ford | detnews.com | The Detroit News In what alternative reality could Ford Motor Co. deliver the largest annual loss in its 105-year history -- $14.6 billion -- burn $19.5 billion in cash in all of 2008, draw down its revolving credit line and get qualified applause from Wall Street? In a world where perspective is in the eye of the beholder because business conditions are so awful. Ford's cross-town rivals exist on a federal lifeline: Chrysler LLC is looking for a deal, even multiple deals, to survive into the next quarter, and General... Full article... Article added: 2009-01-30 07:07:51 Article Views Rating: 196 Main > Car Makers News > Ford > Ford: Feds can do more to lift sales | detnews.com | The Detroit News Ford Motor Co. is calling on Washington to do more to stimulate the economy and get consumers back into its showrooms, after posting a record loss of nearly $14.6 billion for 2008 on Thursday. Despite capping an already dismal year with a fourth-quarter loss of $5.9 billion, the Dearborn automaker insisted that it has enough cash to weather the economic crisis and does not need direct aid from the federal government. However, Ford has lobbied lawmakers for financial aid for its cross-town rivals... Full article... Article added: 2009-01-30 07:07:50 Article Views Rating: 157 Main > Car Makers News > Aston Martin > Aston Martin returning to LMP1 in 2009 While the economic downturn has seen many car makers ceasing their involvement in many motorsport activities, Aston Martin has defied global trends by announcing a return to the Le Mans Prototype 1 category.Commemorating the 50th Anniversary of its outright win at Le Mans, Aston Martin will race two Works LMP1 cars bearing the iconic blue and orange livery of Gulf Oil. Honouring the legendary achievements of the 1959 DBR1 driving team of Carroll Shelby and Roy Salvadori, Aston Martin aims to return the... Full article... Article added: 2009-01-29 11:14:21 Article Views Rating: 354 Main > Car Makers News > Land Rover > Land Rover records third year of growth Land Rover Australia has today announced its third consecutive year of growth in Australia.In fact, Land Rover was one of the few automotive brands to actually better its 2007 retail result, with a 16.5% increase over the previous year 4320 retail units. Land Rover’s performance can be contributed mostly to the continued success of the Discovery 3, still the best selling model for the brand in Australia - even after five years in the marketplace! The Defender 110 and Freelander 2 continued... Full article... Article added: 2009-01-28 06:58:42 Article Views Rating: 333 Main > Car Makers News > GM > GM cutting 2,000 jobs in Michigan, Ohio | detnews.com | The Detroit News NEW ORLEANS -- General Motors Corp. announced more production cuts and layoffs today because of weak demand affecting the U.S. auto industry. The automaker is eliminating a shift at its Delta Township plant near Lansing and in Lordstown, Ohio, collectively affecting about 2,000 workers. It will temporarily idle production at 10 other plants across North America during the first or second quarter, GM spokesman Chris Lee said. "It's a function of the fact that the market is down," GM North America... Full article... Article added: 2009-01-27 13:56:04 Article Views Rating: 195 Main > Car Makers News > Other > Auto briefs | detnews.com | The Detroit News TOKYO -- Honda Motor Co. said today it is cutting production in Japan and North America by an additional 50,000 vehicles amid a severe slump in global sales. Japan's No. 2 automaker said output in North America will fall by 29,000 units, affecting Honda's three plants in the region -- Ontario, Canada; Marysville/East Liberty, Ohio; and Lincoln, Ala. Due to the production cuts, Honda's overall output in North America will drop 12 percent to 1.26 million units in the fiscal year ending March 31. The... Full article... Article added: 2009-01-27 13:56:03 Article Views Rating: 161 Main > Car Makers News > GM > GM to lay off 2,000 more workers | detnews.com | The Detroit News NEW ORLEANS -- General Motors Corp. is laying off 2,000 workers at factories in Michigan and Ohio as part of another round of cuts the company is making because of weak demand in the U.S. auto industry. The automaker is eliminating a shift at its Delta Township plant near Lansing, which will result in about 1,200 workers being laid off indefinitely on March 30; and one shift at Lordstown, Ohio, which will cut about 800 workers. GM will temporarily idle production at 10 other plants across North America... Full article... Article added: 2009-01-27 13:55:59 Article Views Rating: 181 |
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