Monday, July 7th, 2008

Doha Push Worries U.S. Auto, Textile, Steel Groups

 U.S. automakers, now facing their worst sales slump in 15 years, are nervously eyeing world trade talks they fear could open the U.S. market to more imports without giving their exports a boost.
“We’re worried about the direction it’s taking,” Steve Collins, president of the Automotive Trade Policy Council, which represents General Motors Corp, Ford Motor [...]

Wednesday, July 2nd, 2008

Route 66 Rendevous T-Shirt Available For Sale

The Stater Bros. Route 66 Rendezvous has just released the official 2008 Route 66 Rendezvous souvenir T-shirt which features local vehicles that participate in the Rendezvous being held September 18 - 21, 2008 on the downtown streets of San Bernardino. Artwork design was done by California Casuals Sportswear, Inc. of San Bernardino. The shirts are [...]

Saturday, June 21st, 2008

Auto Dealers Put Brakes On Suv And Truck Trade-Ins

Nick Erondy isn’t taking SUVs or pickups as trade-ins anymore.
The deal-breaker came in April when gas prices hit $3.50 a gallon. That’s when large-vehicle purchases at Crown Motors in Schenectady came to a standstill.
Customers want cars with better fuel efficiency. But Erondy, a used car dealer, can’t afford to take on any more gas-guzzlers.
“I have [...]

Wednesday, June 11th, 2008

State Alleging Used-Car Dealer Pocketed Cash, Didn’t Turn Over Titles

After fielding upwards of 30 complaints from consumers who bought a car but never saw the vehicle’s title, the Ohio attorney general is suing a used-car dealer in Grove City, alleging it failed to turn over ownership papers and improperly sold new vehicles.
Attorney General Nancy Hardin Rogers this week filed suit in Franklin County Court [...]

Monday, June 9th, 2008

Sacramento Restaurants Move Into Old Auto Showrooms

Auto repair workers of the 1920s pose alongside a vintage tow truck at 1615 J St., the modern-day home of Lucca Restaurant. Spacious midtown sites built as garages and showrooms are now pulling in diners.
Across midtown Sacramento, eateries are opening in buildings that originally served up more carburetors than carpaccio, more brake jobs than breakfast [...]

Thursday, June 5th, 2008

Decade Lows Seen For May Auto Sales

Major automakers are expected to post steep declines in U.S. sales for May, as the spike in gasoline prices battered an industry already reeling from weak consumer confidence and tighter credit.
Weak U.S. sales in May would add to growing concerns that the world’s largest market for vehicles is headed for a deeper downturn this year, [...]

Thursday, June 5th, 2008

Canadian Auto Sales Strong In May; U.S. Sales Falter

Despite sliding 0.5% to 184,467 units, vehicle sales in Canada have posted their second-best month of May and are on track to perhaps their best year ever, says auto analyst Dennis Desrosiers.
“Rarely does Canada go counter-cyclical to the U.S. market for any length of time and it has now been a couple of years,” said [...]

Thursday, June 5th, 2008

Hyundai Aims To Up Russia Car Sales By 35 Pct In 08

SEOUL, June 4 (Reuters) - Hyundai Motor Co (005380.KS: Quote, Profile, Research) said on Wednesday it is targeting growth of more than 35 percent in sales of passenger cars in Russia this year as it plans to launch new models.
Hyundai, the world’s No.6 auto maker along with its affiliate Kia Motors Corp (000270.KS: Quote, Profile, [...]

Thursday, June 5th, 2008

Fuel Price Spike To Hit Car Sales

The hike in petrol, diesel prices will fuel a slowdown in the auto industry in the short-term, feel car majors like Maruti, Hyundai and Honda. And, it may spell good news for consumers in terms of lower prices and greater discounts from car makers, who will try to offset the negative impact on the industry, [...]

Thursday, June 5th, 2008

May Auto Sales Honda

said Tuesday its May U.S. sales rose, as a shift in consumer demand toward more fuel efficient vehicles boosted its car sales.
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Honda sold a total of 167,997 in May, up 15.6 percent from 145,367 in the same month last year. Adjusted for one additional selling day in the recent month compared with [...]