| GM works to expand 2014 Impala leases to retail customers |
Apr 8th, 2013 |
General Motors Co. is aiming to boost its lease penetration on its all-new 2014 Chevrolet Impala from about zero to near the segment average of about 35 percent, a Chevrolet executive said Monday.The current Impala is mostly a fleet vehicle; 70 percent of sales are to fleet customers. But Chevy wants to sell 70 percent of the new Impala - its flagship sedan just hitting dealerships now - to ...
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| GM Holden to cut 500 jobs hit by high Australian dollar |
Apr 8th, 2013 |
MELBOURNE - General Motors Holden Monday announced plans to cut 500 jobs at its plants in Adelaide and Melbourne because of the high Australian dollar. The company will cut 400 jobs at its assembly operations in Adelaide and 100 at its product development facility in Melbourne. The Australian unit of General Motors stated that it cannot be sure of being able to continue operations in ...
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| General Motors freezes pay in Spain to guarantee production |
Apr 8th, 2013 |
in Spain accepted a wage freeze on Monday to protect their jobs and bring production of new Opel models to the recession-hit country, where over a quarter of the workforce is unemployed.The preliminary agreement is an important step for the viability of the company's plant in Zaragoza, northern Spain, which employs over 6,000 people.Workers' pay will remain fixed through 2013 and 2014 ...
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| Trinidad Mitsubishi sign petrochemical agreement |
Apr 8th, 2013 |
By Linda Hutchinson-JafarPORT OF SPAIN, April 8 (Reuters) - Trinidad and Tobago and a Japanese-led consortium comprising Mitsubishi Gas Chemical Company, Mitsubishi International Corp and Port of Spain-based Neal & Massy Holdings Ltd signed an agreement on Monday for the construction of an $850 million petrochemical ...
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| Advocates urge regulators to mandate rear cameras in new cars |
Apr 8th, 2013 |
Washington - Two members of Congress and the parents of some children injured by vehicles backing up will call on regulators to finalize a long-delayed regulation to mandate rear-visibility cameras in new cars.At a Capitol Hill press conference on Thursday, Reps. Peter King, R-N.Y., and Jan Schakowsky, D-Ill., will urge the National Highway Traffic Safety Administration to finalize a regulation ...
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| Light Bars Make Everything Better: BMW Adds M6 Gran Coupe to Roster of MotoGP Safety Cars |
Apr 8th, 2013 |
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As BMW enters its 15th season as the official car of MotoGP, it’s gifting the series’ safety-car fleet a brand-spanking-new M6 Gran Coupe. As the latest M car to hit consumers, the M6 Gran Coupe is a natural fit for safety-car duty. Besides, the burliest Gran Coupe looks unbelievably cool even before BMW adds a [...]
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| Consumers Prefer to Sell Cars Rather Than Donate |
Apr 8th, 2013 |
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 A new Kars4Kids survey revealed that despite high awareness and knowledge (88 percent) of tax credit eligibility for making non-cash charitable donations, most U.S. adults opt to sell their used cars instead of donate them.
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| Franchise Expands Electronic Contracts |
Apr 8th, 2013 |
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 MINI Financial Services, a division of BMW Group Financial Services, is launching its newest expansion of eContracting to its MINI stores, beginning with Prestige MINI in Ramsey, N.J.
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| Firm Names New Director |
Apr 8th, 2013 |
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 PureCars announced Katerina White has been named director of recruiting.
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| CPO Sales Hit New High |
Apr 8th, 2013 |
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 March certified pre-owned sales hit an all-time high, exceeding 190,000 monthly sales for the first time, with sales of 190,065, 9 percent up from March (174,337, the previous high), and 21.1 percent higher than February.
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