NOVEMBER U.S. AUTO SALES
Industry sales improve slightly as 'new normal' takes hold
U.S. auto sales increased by less than 1 percent in November for the industry's first year-over-year gain without government incentives since October 2007. The slight sales increase -- 35 units -- accompanied a seasonally adjusted annual sales rate of 10.5 million units, in line with the industry's “new normal” after a four-year decline and this summer's cash-for-clunkers incentive. 12:01 am U.S. ET | Dec. 1 | UPDATED: 12/1/09 5:38 p.m. ET
GM, Ford production hikes could boost suppliers
advertising
GM to accept new offers for Saab; Spyker said to submit bid
General Motors Co. said this afternoon that it has received “expressions of interest” in its Saab brand, and that the GM board will evaluate potential bids by the end of December. GM's board met today to review the plans for Saab after a pending deal to sell it to sports car maker Koenigsegg Group AG fell apart last month. 10:16 am U.S. ET | Dec. 1
Bill Ludwig to replace Tony Hopp as head of Campbell-Ewald
Bill Ludwig will become Campbell-Ewald's chairman and CEO on Jan. 1, taking the reins of an advertising agency amid uncertainty over its biggest and oldest client -- Chevrolet. Ludwig, 54, currently the agency's chief creative and strategic officer, will replace Tony Hopp, who is retiring at the end of the year after 13 years in those roles, the suburban Detroit-based agency said in a statement today. 9:00 pm U.S. ET | Dec. 1
Former Delphi boss Miller takes private equity post
Former Delphi Corp. chief Steve Miller has left the turnaround business to become chairman of a private equity firm in New York. Miller, 68, today joined MidOcean Partner ...
GM picks former Ford exec Richards to run Buick-GMC
General Motors Co. today said a former Ford Motor Co. executive will run the Buick and GMC brands. Michael D. Richards, 52, worked for Ford for 27 years before leaving in ...
2009 LOS ANGELES AUTO SHOW
Volt rollout will be in specific markets, GM says
General Motors Co. tomorrow is expected to announce that the rollout of the new Chevrolet Volt plug-in hybrid will take place in selected U.S. markets -- not as a nationa ...
Geely taps China banks to back $1.8 billion Volvo deal
Geely, the Chinese carmaker picked as the preferred bidder for Ford Motor Co.'s Volvo unit, is seeking at least $1 billion in loans from Chinese banks to finance its $1.8 ...
U.S. delays action on more ethanol in gasoline
The EPA today delayed a decision to increase the ethanol content of gasoline to 15 percent from 10 percent while the agency continues testing engines and fuel systems. Th ...
Denver, Colorado dealer associations tie the knot
Dealer associations for Colorado and the Denver area are merging formally today after 75 years of sharing the same staff members and offices. The Colorado Auto Dealers As ...
KAR Auction launches IPO
Laying more groundwork to become publicly traded, the holding company for ADESA Inc. plans an initial public offering of 23 million shares of common stock. KAR Auction Se ...
Audi unveils new A8; hybrid planned
Audi has added new technologies and fuel-efficient engines to its new A8 to help its flagship sedan fight against the Mercedes-Benz S class and BMW 7 Series. The 2011 A8 ...
Retired Toyota ad manager Brogan dies at 85
Barney Brogan, a retired advertising manager for the Toyota auto brand, passed away Nov. 22. Brogan, 85, joined Toyota's marketing department as ad manager in late 1970 ...