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Automotive News back issues
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Chrysler names execs for 6 segments.(NEWS)
July 6, 2009... Byline: Bradford Wernle
In an effort to produce more distinctive vehicles for its three brands, Chrysler Group has chosen vehicle line executives to develop entries in six segments.
The six executives were named in an internal memo obtained by Automotive News.
The new...
Hans Dieter Poetsch.(NEWS)
July 6, 2009... FINANCE
Management board member responsible for finance and controlling, Volkswagen AG
Steady hand in the storm
Last year was a year of records for Volkswagen AG. The group sold a record 6.3 million vehicles and posted a record operating profit. Financial analysts say VW is in...
Chinese firm delays Mexico plant.(NEWS)
July 6, 2009... Byline: Yang Jian
China FAW Group Corp., a major state-owned automaker, has postponed a joint venture assembly plant in Mexico with its Mexican partner, Salinas Group, an FAW executive says.
"Given the serious economic recession in Mexico, it is impossible to proceed with the project...
Some Chrysler dealers face rejection by GMAC for inventory financing.(NEWS)
July 6, 2009... Byline: Donna Harris
Some Chrysler dealers who survived the automaker's initial dealership purge in bankruptcy face a new threat: getting cut off by their new finance company.
GMAC Financial Services has suspended inventory financing for 6 percent of the dealers who applied for...
GM dealers fret as inventories shrink; Shutdowns create shortages of trucks and crossovers.(NEWS)
July 6, 2009... Byline: Jamie LaReau
Some General Motors dealers fear they could run out of certain crossovers and full-sized pickups by mid-July.
"We have about 14 Enclaves left, but we're selling that many a month, says John Pitre, general manager of Motor City Auto Center in Bakersfield, Calif....