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Roofing specialists.(News)(automobile roofs)(Brief Article)(Directory)
October 6, 2003... SUPPLIER: PROJECT
ArvinMeritor: Roofs for Smart City coupe
Bertone: Builds Opel Astra convertible
CTS: Roofs for Peugeot 307 CC
Edscha: Roofs for Audi TT and A4 convertible
Heuliez: Roofs for Peugeot 206 CC
Inalfa:...
Dealers.(People)
October 6, 2003... Milestones
* J. Marshall Friedman of Dartmouth Motor Sales (Buick-Chevrolet-GMC-Oldsmobile-Pontiac) in Newport, N.H., received a 25-year award for GMC from General Motors.
Transitions
* Ernest Palmer and Mike Palmer re-opened...
Shipments of RVs fall.(News)(Brief Article)
October 6, 2003... Byline: Gail Kachadourian
SUV conversion shipments in August doubled from the previous year, but it wasn't enough to lift the conversion segment out of its doldrums.
A total of 5,600 units were shipped in August. That was a 16.4...
Dealership must pick up customer's legal tab.(Legal File)(El Cajon Motors, Susan Bray)
October 6, 2003... Byline: Eric Freedman
A San Diego-area dealership must pay a customer's $94,579 bill for attorney fees and court costs on top of a $19,012 verdict for violating the state's Automobile Sales Finance Act.
The California Court of Appeal...
Letters to the Editor.(Letters)(Letter to the Editor)
October 6, 2003... UAW answers suit by no-union group
To the Editor:
I am writing to correct your inaccurate story ("Anti-union group targets Freightliner,'' Sept. 8) about the National Right to Work Foundation's unsuccessful efforts to deny workers...
Ingrid Skogsmo.(News)(Brief Article)
October 6, 2003... Title: Director, Volvo Car Corp. Safety Center
Age: 42
Family: Married, two sons
Personal car: Volvo V70
Education: Master's degree in engineering physics, Chalmers University of Technology, Gothenburg, Sweden
Audi TT pumps up power for '04; Coupe and ragtop to get 3.2-liter, V-6 engine.(News)
October 6, 2003... Byline: Ralph Kisiel
Audi is giving its TT coupe and roadster extra power for U.S. buyers.
One of the most common complaints about the models has been lack of V-6 power. Since its U.S. introduction in 1999, the TT has been offered...
VW urges suppliers to add other makers.(News)(Brief Article)
October 6, 2003... Byline: Lyle Frink
Volkswagen AG is encouraging companies that locate in its new supplier park in Poland to work with other automakers.
The park in Poznan, Poland, is a key element of VW's $695.8 million expansion of its commercial...
PSA to offer stop-start systems in Europe.(News)(PSA/Peugeot-Citroen SA)(Brief Article)
October 6, 2003... Byline: Sylviane de Saint-Seine
French carmaker PSA/Peugeot-Citroen SA says it will offer cars equipped with stop-start systems beginning next year in Europe.
PSA claims its models will be the first to feature stop-start systems, which...
A step forward.(News)(Brief Article)
October 6, 2003... There are 3 advantages to stop-start systems.
1. They automatically shut down an engine when a car comes to a halt.
2. They are particularly efficient when used with smaller engines.
3. They can be fitted on any engine.
Suzuki redesigns best-selling minivehicle.(News)(Suzuki Wagon R)
October 6, 2003... Byline: Yuzo Yamaguchi
Suzuki Motor Corp. last week introduced the third generation of Japan's best-selling minicar, offering better fuel economy and a roomier cabin in the same tall and boxy package as before.
The Wagon R is the...
Seeking stability.(names for stability control)(Brief Article)
October 6, 2003... Some names for stability control
Ford Motor Co.: AdvanceTrac
General Motors: StabiliTrak
BMW AG: Dynamic Stability Control (DSC)
DaimlerChrysler AG: Electronic Stability Program (ESP)
Honda Motor Co.: Vehicle Stability...
Incentives on '03s fuel Sept. sales.(Sales)
October 6, 2003... Byline: Lindsay Chappell
Pleasantly surprised: That's how executives, retailers and forecasters industrywide feel after seeing September light-vehicle sales rise 6.3 percent from a year earlier. Retailers sold 1,303,354 new cars and light...
Bez sees little competition for Aston Martin.(News)(Interview)
October 6, 2003... Byline: Mark Rechtin
Aston Martin CEO Ulrich Bez spoke with Staff Reporter Mark Rechtin after a tour of the automaker's new manufacturing and r&d operation in Gaydon, England.
A recent Wall Street Journal article predicted doom for the...
Cost-cutting measures.(News )(Chrysler to close and sell plants)(Brief Article)
October 6, 2003... Chrysler will close 2 plants...
Plant: Jobs
* McGraw Glass, Detroit; 700
* Indianapolis Foundry: 880
... and sell 3
* Huntsville, Ala., electronics plant to SiemensVDO: 1,950
* New Castle (Ind.) Machining and Forge...
UAW retirees earned their legacy.(Opinion)(benefits for United Automobile Workers retirees)(Column)
October 6, 2003... Byline: Doug Fraser
Before and during the recent auto negotiations, we heard and read a lot about "legacy costs,'' that is, the financial burden of pensions and health insurance that must be assumed by the companies.
Little or no...
Toyota ups the ante in incentives game.(Incentives)
October 6, 2003... Byline: Mary Connelly
The U.S. price war has reached Toyota.
Toyota is offering three 2004 models with regional incentives, unusual for a company that has distanced itself from the Big 3's rebate mania.
Toyota's rebates are...
Rebate fever.(Incentives)(spending on rebates)(Brief Article)(Illustration)
October 6, 2003... The Big 3 continue to spend on average far more than import brands on per-vehicle incentives.
General Motors
Aug. 2003: $4,025
Aug. 2002: $2,989
Ford Motor Co.
Aug. 2003: $3,472
Aug. 2002: $2,681
Chrysler
...
Automakers, suppliers battle to rule the roofs.(News)
October 6, 2003... Byline: Jesse Snyder
Automakers are battling for the sky to attract new customers.
Almost every stand at the Frankfurt auto show last month had vehicles with trick roofs: cabriolets, soft-top and hard-top convertibles, panoramic roofs,...
VW waxes poetic to stir emotions; Marketing theme expected to be used worldwide.(News)
October 6, 2003... Byline: Bill Britt
Volkswagen is hoping to win car buyers' hearts with a campaign based on love poems linked to key vehicles.
VW could use a little love. Last month, it announced that 2003 group profits would be well below 2002 levels....
UAW deal unravels Dana's plan for DCX plant.(News)(Brief Article)
October 6, 2003... Byline: Robert Sherefkin
DaimlerChrysler's Detroit Axle plant won't be sold, at least for now, thwarting a bid by Dana Corp.
The UAW won a reprieve for four of nine plants the automaker wanted to sell or close, including its...
Car dealer fuels Dean's run for the White House.(News)
October 6, 2003... Byline: Harry Stoffer
If Howard Dean becomes president of the United States, he'll owe a debt of gratitude to a car dealer.
Don Beyer of Alexandria, Va., who sells Volvos, Land Rovers and Subarus in five northern Virginia locations, is...
Chrysler program helps minority suppliers.(News)(Brief Article)
October 6, 2003... Byline: Chaz Osburn
The Chrysler group says it has helped minority-owned companies win $110 million in business from Tier 1 suppliers in the past three years.
Chrysler credits the effort to a program it calls Matchmaker. Matchmaker,...
Hyundai product blitz begins in the spring.(News)
October 6, 2003... Byline: Mark Rechtin
Hyundai Motor America has one word for its dealers these days: Patience.
While some dealers have voiced concern that the 2004 model year will bring few changes to the Hyundai lineup, next spring will begin an...
Payment due.(Legal File)(Brief Article)
October 6, 2003... Issue: Is a California dealership that violated state finance laws while selling a car responsible for the legal fees incurred by the misled buyer?
Outcome: Yes, says the California Court of Appeal. The dealership will not appeal further,...
Sources: Fiat names Demel to top spot.(News)
October 6, 2003... Byline: Luca Ciferri
Herbert Demel, the former head of Audi AG and Volkswagen do Brasil, has been tapped to replace Giancarlo Boschetti as CEO of Fiat Auto S.p.A., according to sources close to the negotiations.
The appointment could...
More cuts for a bloody Chrysler.(News)
October 6, 2003... Byline: Mary Connelly
The Chrysler group is still trying to find the $1 billion in cost cuts that it has promised Wall Street by year end.
In June, CEO Dieter Zetsche said the company would carve out an extra $1 billion in savings in...
GM ready to build Envoy XUV.(Production)(Brief Article)
October 6, 2003... Byline: Debi Domby
* General Motors will begin production of the GMC Envoy XUV this week at a plant in Oklahoma City. The Chevrolet TrailBlazer EXT, GMC Envoy XL and Isuzu Ascender are also produced at the plant.
* Another two new...
What's in a name? Marketing!(Brief Article)
October 6, 2003... Byline: Julie Armstrong
Question: What do DSC, ESP, VSA, VDC and VSC have in common?
Answer: Each is a proprietary name for vehicle stability control system.
But for most motorists, they are nothing more than alphabet soup. The...
As the Big 3 lay off temps, MSX seeks nonauto work.(News)
October 6, 2003... Byline: K.C. Crain
Ford Motor Co.'s decision last week to let go more contract employees by year end was another bit of unwelcome news for MSX International, which provides temporary staffers to automotive companies. Ford is MSX's largest...
Acura works to move product mix upscale.(News)
October 6, 2003... Byline: Kathy Jackson
Tom Elliott is counting on the new Acura TL to help bring the division out of a sales slump.
Of the six largest luxury marques in this country, Acura was the only one to suffer a sales decline through the first...
Auto News briefly.(Briefs)
October 6, 2003... Hawkeye's prognosis for Hy-Wire? Poor
If General Motors builds a vehicle like the Hy-Wire fuel cell car, there's one celebrity endorsement the automaker can forget about getting. Alan Alda, who starred as Dr. Hawkeye Pierce on the 1970s TV...
TTough segment.(News)(Brief Article)
October 6, 2003... Since peaking in its third year of U.S. sales, the Audi TT has slipped.
2003: 6,258*
2002: 9,513
2001: 12,523
2000: 12,027
1999: 5,139
* Through September Source: Automotive News Data Center
Lost momentum.(News)(Brief Article)
October 6, 2003... Acura's U.S. sales slipped last year and are down again this year. Below are annual unit sales of cars and trucks.
2002: 165,552
2001: 170,469
2000: 142,681
1999: 118,006
1998: 110,392
1997: 108,143
1996:...
MSX makeover.(News)(Brief Article)
October 6, 2003... To improve operations, CEO Tom Stallkamp last year
* Cut $55 million in costs
* Closed or consolidated 11 operations in Europe and the U.S.
* Refinanced bank debt
Heuliez plans a novel hard top.(News)(Brief Article)
October 6, 2003... Byline: Jesse Snyder
French coachbuilder Heuliez revealed at the Frankfurt auto show that it is working on a retractable three-panel roof system.
Though the coachbuilder supplies Peugeot, Heuliez CEO Paul Queveau has not said with...
Audi, Jaguar boost number of body shops; Locations needed to repair aluminum luxury sedans.(News)
October 6, 2003... Byline: Ralph Kisiel
Audi and Jaguar are expanding their North American network of body shops that can repair their aluminum flagship luxury sedans.
The additional shops are intended to returned damaged vehicles to owners quicker and...
Trico moves wiper production.(News)(Brief Article)
October 6, 2003... Byline: Sherri Begin
Trico Products Corp. will transfer nearly all of its wiper blade production and assembly to North America from Europe by year end.
The Brownsville, Texas, subsidiary of Tomkins PLC, has identified its U.S. and...
Cooper, Lord develop damper for GM vehicles.(News)
October 6, 2003... Byline: Sherri Begin
Cooper Tire & Rubber Co.'s Cooper-Standard Automotive group and Lord Corp. have teamed up to develop a more economical and durable damper for the 2004 Chevrolet Malibu and other General Motors nameplates.
The...
Rollout schedule.(News)(Brief Article)
October 6, 2003... Spring 2004: SUV based on the Elantra
Fall 2004: Accent redesign
Spring 2005: Sonata redesign
Fall 2005: Elantra, XG350 redesigns
Spring 2006: Santa Fe redesign
Fall 2006: Mid-sized SUV, minivan, pickup possible
Japan exports fall.(News)(Brief Article)
October 6, 2003... Byline: Yuzo Yamaguchi
Japan's new-vehicle exports in August dropped 3.4 percent from a year earlier to 339,401, the fourth straight monthly decline, partly as increasing overseas production cut shipments of vehicles built in Japan.
...
Ford trims capacity, still has problems.(News)
October 6, 2003... Byline: Amy Wilson, Brad Wernle
With the plant closings negotiated in its new UAW contract, Ford Motor Co. will meet its goal of trimming North American production capacity by nearly 1 million units.
But it has not solved all its...
Saturn takes plastic off its new minivan.(Relay minivan)
October 6, 2003... Byline: Rick Kranz
The 2005 Relay minivan will be the first Saturn vehicle marketed without plastic fenders and door panels.
The Relay will share components and sheet metal with three next-generation minivans being developed for...
Ramzi Hermiz, 38.(News)
October 6, 2003... Title: Vice president of global supply chain at Federal-Mogul Corp. in Southfield, Mich.
Biggest achievement: Restructuring Federal-Mogul's purchasing operation and avoiding supply disruptions during a Chapter 11 filing.
Goal: To build...
Young purchasing chiefs are on the rise.(News)
October 6, 2003... Byline: Terry Kosdrosky
Two purchasing chiefs at auto suppliers were among the 40 executives featured in Crain's Detroit Business' annual "40 Under 40'' section, which puts a spotlight on young executives in the Detroit area. They are...
Colleen Haley, 36.(News)(Brief Article)
October 6, 2003... Title: Vice president of purchasing at Yazaki North America Inc. in Canton Township, Mich.
Biggest achievement: Contributing to the development of the executive team and culture at Yazaki.
Goal: To develop a relationship with suppliers...
Independent business units key to success, CEO says.(News)(Magna Steyr)(Brief Article)
October 6, 2003... Byline: Jesse Snyder, Georg Auer
A strategy of having independent, product-specific business units backed up by a small and flexible central staff has made Magna Steyr the world's largest contract auto assembler, CEO Herbert Demel said.
...
Magna Steyr may build plant outside Austria.(News)
October 6, 2003... Byline: Georg Auer, Jesse Snyder
Contract auto assembler Magna Steyr is considering expanding its vehicle assembly operations, but any new plant will be outside Austria, CEO Herbert Demel said.
Magna International Inc.'s two Magna...
September surge.
October 6, 2003... To the surprise of many, U.S. light-vehicle sales jumped 6.3 percent in September. But it took heavy incentives to do the trick. In a switch from August, the Chrysler group outsold Toyota, Lexus and Scion combined - even though Chrysler sales...
Late News.(briefs)
October 6, 2003... NHTSA is ready with rollover rules
WASHINGTON - At long last, federal regulators will announce driving test rules that are intended to demonstrate whether cars and light trucks are prone to rollover accidents.
The rules will be...
Hyundai exec resigns.(News)(Brian Miller leaves Hyundai Motor America)(Brief Article)
October 6, 2003... Byline: Mark Rechtin
Another top executive has left Hyundai Motor America, bringing the total to three defections in the last month, and seven top managers since August 2002.
Brian Miller, formerly vice president of marketing, has...
Hyundai wants out of Venture contract.(News)(Venture Industries Corp.)
October 6, 2003... Byline: Lindsay Chappell
Hyundai Motor Co. wants to break a contract with interior supplier Venture Industries Corp. because Venture's bankruptcy is threatening to delay Hyundai's $1 billion assembly plant in Montgomery, Ala.
Citing...
IRS hit list.
October 6, 2003... What auditors are checking out at car dealerships
* Reporting of cash deals
* Use of demonstrator cars
* Dealers' reinsurance companies
Supply line.(Briefs)
October 6, 2003... Gentex ships mirrors to Nissan
DETROIT - Gentex Corp. has begun shipping interior, automatic- dimming mirrors for Nissan's 2004-model 350Z, Murano, Quest and Maxima.
The mirrors include HomeLink, supplied by Johnson Controls Inc.
...
2004 Acura TL.(News)
October 6, 2003... Height: 56.7 in.
Length: 186.2 in.
Width: 72.8 in.
Wheelbase: 107.9 in.
Curb weight: 3,575 lbs. (automatic), 3,482 lbs. (manual)
Engine: 3.2-liter SOHC V-6
Horsepower: 270 hp @ 6,200 rpm
Torque: 238 lbs.-ft @...
Covisint to dump e-catalog.(News)(Brief Article)
October 6, 2003... Byline: Ralph Kisiel
Covisint LLC is getting out of the electronic catalog business. Reverse auctions could be next.
The catalog was one of Covisint's first offerings after the industry exchange began operating in 2000. But Covisint is...
Saturn will sell, donate excess land in Tenn.(News)
October 6, 2003... Byline: Lindsay Chappell
Saturn Corp. is looking at proposals from the nearby towns of Spring Hill and Columbia, Tenn., as it prepares to sell or donate about half of the land at its manufacturing site for uses such as public baseball...
Ford: Don't judge Freestar, Monterey by their covers; Interior changes, not exterior, are what count, execs say.(News)
October 6, 2003... Byline: Amy Wilson
Ford Motor Co. acknowledges that its new 2004 minivans have me-too styling. But that's OK with company executives.
The automaker even devised a game, Guess the Minivan, which adorned placemats at a press dinner here...
In the works.(News)
October 6, 2003... Jaguar
Now: 28 repair shops can do structural repairs on the XJ.
What's planned: 30 shops will be added next year.
Audi
Now: 11 repair shops can do structural repairs on the A8.
What's planned: 6 shops will be added next...
Suzuki wants r&d center in Europe.(News)(Brief Article)
October 6, 2003... Suzuki Motor Corp. is developing a new look for its global product lineup.
The Japanese automaker has commissioned independent designers and engineers in Italy, France and Greece to give its future vehicles - regardless of where they are...
Hybrids are integral to success in Europe.(News)(Toyota)
October 6, 2003... Byline: Wim Oude Weernink
A key part of Toyota's European strategy is to strengthen its position in diesels.
DRI Global Insight of London forecasts that 45,000 hybrid cars will be sold in Europe by 2010.
Toyota aims to capture a...
Toyota plans to crank up European output.(News)(Brief Article)
October 6, 2003... Byline: Wim Oude Weernink
Toyota Motor Corp. is significantly boosting production in Europe to achieve its ambitious goal of 1.2 million European sales by 2010.
This year, Japan's top automaker expects to sell 800,000 units in Europe,...
Made by Magna Steyr.(News)
October 6, 2003... * BMW X3
* Saab 9-3 convertible
* Mercedes-Benz Gelaendewagen
* Mercedes-Benz E-class 4-Matic
* Chrysler Voyager
* Jeep Grand Cherokee
Acura counts on new TL to turn sales around; Sedan shoots for Lexus-like comfort, BMW performance.(News)
October 6, 2003... Byline: Kathy Jackson
Acura dealers are eagerly awaiting the arrival of the new TL, the marque's biggest seller the past four years.
The TL has not had a major redesign since 1999, and its U.S. sales slipped 19.0 percent through...
Gilmour, Dilts will speak at 2004 World Congress.(News)
October 6, 2003... Allan Gilmour, vice chairman of Ford Motor Co., and Gary Dilts, senior vice president of sales for the Chrysler group, will speak at the 2004 Automotive News World Congress.
This is the second tour of duty at Ford Motor for Gilmour, 69, who...
Kia store settles charges in fraud case.(Legal File)(Shaver Kia)(Brief Article)
October 6, 2003... Byline: Donna Harris
A Kia dealership in San Bernardino, Calif., last week paid $96,037, including legal and investigation costs, to the California Department of Motor Vehicles to settle multiple civil fraud charges.
Shaver Kia, which...
Cadillac steers to right-hand drive.(News)
October 6, 2003... Byline: Dave Guilford
Cadillac is likely to approve right-hand-drive versions of two new vehicles in its quest to become a global brand.
John Howell, Cadillac's director of global brand development, says he is "more positive than...
Delphi offers incentives to trim jobs.(News)(Brief Article)
October 6, 2003... Byline: Julie Armstrong
Delphi Corp. is offering its U.S. salaried workers financial incentives to leave the company by year end. Delphi has 16,000 salaried workers. It wants 500 employees, or about 3 percent, to leave voluntarily.
If...
Detroit sheds workers, costs.(News)(Brief Article)
October 6, 2003... More auto industry cost cuts rippled through Detroit last week. The UAW contract with Ford Motor Co., which was ratified last week, allowed further plant closings and job reductions. No. 1 supplier Delphi Corp. plans to eliminate white-collar...
M-B boss denies production cut claim.(News)(Mercedes-Benz)(Brief Article)
October 6, 2003... Byline: Franz W. Rother
Mercedes-Benz last week denied union claims that it planned to cut production at its main assembly plant in Sindelfingen, Germany. The plant, the company's biggest, will remain the centerpiece of Mercedes' worldwide...
Joe Cappy retires at 69.(News)(Brief Article)
October 6, 2003... Joe Cappy, who wove a 47-year career in the auto industry as a marketing leader at Ford, head of American Motors and a vice president at Chrysler, retired as CEO of Dollar Thrifty Automotive Group Inc. last week.
Cappy, 69, will be a...
GM leads sales decline in Mexico.(Sales)(Brief Article)
October 6, 2003... Byline: Chaz Osburn National Editor
Sales of cars and light trucks in Mexico tumbled again in August.
General Motors saw the biggest drop in sales percentagewise. It fell 11 percent to 15,992 units, compared with August 2002. Also in...
Opel to replace lineup by '06.(News)(Adam Opel AG)(Company Profile)
October 6, 2003... Byline: Rick Kranz
Adam Opel AG, the struggling General Motors Europe subsidiary, is betting that a vehicle program emphasizing innovative and niche vehicles will begin to pull it out of red ink next year.
The product program, which...
Ford shrinks.(News)(Brief Article)
October 6, 2003... Ford Motor Co. confirmed plant closings and more layoffs last week.
U.S. plant closings (and jobs eliminated)
* Cleveland Aluminum Casting (180) n Lorain (Ohio) Assembly (1,770)
* Vulcan Forge, Dearborn, Mich. (80) n Edison (N.J.)...
What went wrong.(News)(Opel)(Brief Article)
October 6, 2003... Opel's missteps
* Quality suffered
* Europe's diesel wave was missed
* Not enough niche vehicles
* Car programs were delayed
Volvo safety manager makes an impact.(News)(Ingrid Skogsmo)
October 6, 2003... Byline: Mark Rechtin
A car crash does not ruin Ingrid Skogsmo's day.
As director of Volvo Car Corp.'s $85 million safety center here, Skogsmo oversees the r&d of the next generation of active and passive safety equipment designed to...
Venture Holdings, creditors square off.(News)
October 6, 2003... Byline: Terry Kosdrosky
Unsecured creditors of bankrupt auto supplier Venture Holdings Co. LLC, frustrated with the company's management, want a trustee to run the company during the proceedings.
Such a move is unusual in Chapter 11...
Cadillac's target?(News)(world sales)(Illustration)
October 6, 2003... 2002 industry sales in major right-hand-drive markets
Japan: 5,813,570
United Kingdom: 2,885,889
India: 866,475
Australia: 824,309
Malaysia: 434,879
Thailand: 411,592
South Africa: 352,228
Indonesia: 317,607...
No soap, but lots of new vehicles.(Column)
October 6, 2003... Byline: KEITH CRAIN
This is the traditional season for new-model introductions of cars, trucks and other vehicles that we haven't yet figured out how to categorize.
We just spent time at the Frankfurt auto show, which was a showcase...
A new leader can reinvigorate GM design.(Opinion)(Ed Welburn)(Brief Article)
October 6, 2003... General Motors' naming of Ed Welburn, a GM insider, as its new design chief proves that the automaker's design culture has been rehabilitated. But Welburn and other top GM execs must take great pains to make sure GM design doesn't slip back...
Suzuki Wagon R.(News)(Illustration)
October 6, 2003... Height: 64.8 in.
Length: 133.7 in.
Width: 58.1 in.
Wheelbase: 92.9 in.
Curb weight: 1,760 lbs.
Engine: 660cc 3-cylinder
Horsepower: 54 hp @ 6,500 rpm
Torque: 46.3 lbs.-ft. @ 3,500 rpm
Fuel economy: 45.6 mpg...
N.A. sales spur GM Daewoo growth; Despite export surge, automaker scales back forecast.(News)
October 6, 2003... Byline: Peter Chang
The head of GM Daewoo Auto & Technology Co. last week sharply reduced his forecast for Korea-market sales but said demand from North America is fueling a boom in the company's exports.
Speaking with reporters at a...
Kia wants dealerships to be exclusive; Company will pay $300 a car for stand-alone sites.(News)
October 6, 2003... Byline: Mark Rechtin
It's amazing what $300 will do.
Kia Motors America Inc. got its start in 1993 when it allowed dealers to secure a franchise for $20,000 and share showroom space with other brands. Ten years later, Kia is asking...
IRS intensifies dealer audits; Government focuses on violations of cash reporting rules.
October 6, 2003... Byline: Donna Harris
The Internal Revenue Service has sharply increased audits of car dealers in the wake of new anti-terrorist legislation.
Accountants and lawyers say two factors are behind the trend: the anti-terrorist USA Patriot...