FRANKFURT (Bloomberg) — Daimler is planning to cut annual costs by at least 1 billion euros ($1.31 billion) in response…
Daimler said to target $1.3 billion in cuts to boost profit
Chrysler close to lender agreement in U.S., MarchionneSeptember 30, 2012
PARIS (Bloomberg) – Chrysler Group is close to an agreement to replace Ally Financial Inc. as its primary lender to…
Ford: Europe dealers selling vehicles to themselves to boost salesSeptember 28, 2012
PARIS (Bloomberg) — Ford Motor Co., losing market share in Europe this year, is boosting sales in the troubled region…
Daimler, Renault-Nissan to develop engine, transmission technologySeptember 28, 2012
PARIS — Daimler and Renault-Nissan will jointly develop a turbocharged, direct-injection gasoline engine and will share transmission technology as the…
Pickup truck increase drives US auto sales to 3-year high; analysts say its sign of recoverySeptember 5, 2012
Associated Press – September 4 – Big pickups carried U.S. auto sales to their highest level in three years. Demand for…
U.S. completes 54.5 mpg fuel-economy mandate for light vehiclesAugust 28, 2012
WASHINGTON (Bloomberg) — President Barack Obama released a final version of a rule forcing automakers to more than double average…
U.S. auto efficiency rules coming soon, feds sayAugust 23, 2012
WASHINGTON, Aug 22 (Reuters) — The U.S. government said on Wednesday it plans to complete rules “soon” that significantly boost…
Another dealership SOLD! Performance Brokerage Services Sells Discovery Ford and HondaAugust 15, 2012
Performance Brokerage Services recently facilitated the sale of Discovery Ford and Discovery Honda in Moses Lake, Washington from Jacie and…


