CALIFORNIA SEEN
True believers swamp Fisker opening
If ever there were a place an $87,900 plug-in hybrid-electric vehicle would be a smash hit, it would be in the People's Republic of Santa Monica. Mark Rechtin is West Coast editor of Automotive News. 10:32 am U.S. ET | Nov. 6
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REUTERS AUTOS SUMMIT
Bosch sees 11 million U.S. auto sales in 2010
The head of the American unit of German autos parts supplier Robert Bosch GmbH said he expects U.S. light vehicle sales to improve to 11 million units in 2010, indicative of a steady but slow recovery from a bottom reached earlier this year. 12:01 am U.S. ET | Nov. 6
CASH FOR CLUNKERS
The industry's two top vehicle history reporting companies have added to their databases vehicle identification numbers of the 700,000 trade-ins meant to be scrapped under the government's cash for clunkers program. 4:08 pm U.S. ET | Nov. 5
REUTERS AUTOS SUMMIT
General Motors Co. aims to more than double sales for its flagship Chevrolet brand in Europe as part of a business plan that was presented to the company's board this week, the brand's chief said today. 1:46 pm U.S. ET | Nov. 5
Chrysler Group's sales outside North America will grow to 500,000 by 2014 from an estimated 144,000 this year, international sales chief Mike Manley said Wednesday. 12:01 am U.S. ET | Nov. 5
Chrysler Group plans to finish the consolidation of its dealerships into three-brand stores by the end of 2011, Peter Grady, the automaker's vice president of network development and fleet, said Wednesday. 12:01 am U.S. ET | Nov. 5
Chrysler Group will establish call centers for each brand in January to resolve customers’ service problems. Each brand will have a separate 800 number. 12:01 am U.S. ET | Nov. 5
About 130 to 140 Chrysler Group dealers have not been approved for permanent floorplan financing because of lingering issues with Chrysler Financial, Peter Grady, the automaker's vice president of network development and fleet, said today. 2:20 pm U.S. ET | Nov. 4 | UPDATED: 11/4/09 5:33 p.m. ET
GMAC Financial Services should extend a six-month program of interim floorplan financing for Chrysler Group dealerships to help keep many of them from going out of business, a Michigan congresswoman says. Rep. Candice Miller, R-Mich. 4:26 pm U.S. ET | Nov. 4
GMAC Financial Services reduced its third-quarter net loss to $767 million from $2.5 billion for the same period last year and from $3.9 billion in the previous quarter this year. 9:01 am U.S. ET | Nov. 4 | UPDATED: 11/4/09 11:29 a.m. ET
REUTERS AUTOS SUMMIT
The worst of the automotive industry crisis is over, and world sales are set to stabilize next year, a Moody's analyst told the Reuters Auto Summit today. 3:01 pm U.S. ET | Nov. 4
For the fourth quarter of 2010, the Dodge car brand is planning a seven-passenger crossover. Dodge also plans updates next year for the Avenger sedan, Journey crossover, Caravan minivan and Charger muscle car. 12:11 pm U.S. ET | Nov. 4 | UPDATED: 11/4/09 12:53 a.m. ET
REUTERS AUTOS SUMMIT
Chrysler's turnaround plan, being announced today, needs to show long-term product development and financial stability for the largest U.S. auto dealership group to even consider adding franchises, AutoNation Inc. CEO Mike Jackson said. 11:00 am U.S. ET | Nov. 4