Chrysler beefs up holiday incentives, marketing
Chrysler Group, seeking to boost sales after a dismal October, launched a major new incentive campaign today. Chrysler timed the announcement for this morning so dealers could place ads in their local media outlets over the weekend and ahead of the Thanksgiving holiday period. The incentives take effect today and run through Jan. 4. 11:55 am U.S. ET | Nov. 20 | UPDATED: 11/20/09 3:45 p.m. ET
advertising
Electric carmaker Tesla preparing IPO, sources say
Silicon Valley electric sports car maker Tesla Motors is planning to go public soon, two people familiar with the situation said, outlining plans to sell stock and cash in on investor appetite for green technology and interest in battery-powered vehicles. 2:00 pm U.S. ET | Nov. 20
Toyota must submit data on rusting Tundras
Already facing a number of quality-related problems, Toyota Motor Corp. must submit information to the National Highway Traffic Safety Administration today in response to complaints about rusted frames on 2000 and 2001 Toyota Tundra pickups. 1:25 pm U.S. ET | Nov. 20
SS safe for Chevy under Reuss's watch
Chevrolet's SS performance designation will survive, GM vice president of global engineering, told AutoWeek. In fact, Reuss envisions cars outfitted with the SS on ...
Acura ZDX hatchback will start at $46,305
Acura will start pricing for its new 2010 ZDX five-door hatchback at $46,305, including delivery charges. The vehicle, based on Acura’s MDX crossover platform, goes ...
Chrysler could lose 100 more dealerships
More than 100 Chrysler dealerships face possible closure if they cannot reach new financing deals with GMAC Financial Services or another lender, people involved in the p ...
Fiat cannot keep all Italy plants open
Fiat S.p.A. may have to close factories in Italy, given sharp falls in auto sales which have changed the sector dramatically, CEO Sergio Marchionne said today. Keeping a ...
Ford to invest $2.3 billion in Brazil
Ford Motor Co. plans to invest 4 billion reais ($2.26 billion) in Brazil to boost output as record-low borrowing costs and a recovery in Latin America's largest economy s ...
VW to invest $29.5 billion in 2010 to 2012
VW plans automotive capital expenditure of around 19.9 billion euros ($29.55 billion) in the coming three years, half of it in Germany alone, VW said. Roughly 13.3 billio ...
NOVEMBER U.S. AUTO SALES
GM says U.S. share may rise for 4th straight month
General Motors Co.'s U.S. market share may rise for the fourth straight month in November, the automaker's chief sales analyst said today. Mike DiGiovanni, executive dire ...
Cadillac narrows list of ad agency contenders to 3
General Motors Co.'s Cadillac has cut the list of semi-finalists vying for the brand's national creative account in half. The agencies moving to the next round are two Pu ...
Tenneco, TRW launch stock and debt offerings
Tenneco Inc. is offering 12 million additional shares of stock, and TRW Automotive Inc. is selling two groups of senior debt notes totaling at least $475 million, as the ...