The Detroit 3, facing a rising wave of red ink in the middle of the last decade, shed hourly workers and managers as they restructured. Today the Detroit 3 are profitable again. But the head count at GM, Ford Motor Co. and Chrysler is well below former peak levels.
Will Churchill was given a perplexed look when he visited the Texas state liquor board to request a license for his dealership. "Uh, why does Frank Kent Cadillac need a liquor license?" the worker asked.
Don't count Nissan President Carlos Ghosn among those impressed with new Japanese Prime Minister Shinzo Abe's ability to weaken the yen against all major global currencies. Ghosn's dissatisfaction with the exchange rate, echoed by Toyota Motor Corp.
VW's desire to launch a low-cost brand and Nissan's plan to sell Datsuns for as little as 2,300 euros underline the rising interest from automakers to tap demand for budget cars in fast-growing markets to offset falling sales in mature, stagnant markets such as Europe.
Eley Duke III, vice president of Duke Automotive, could watch worry-free this year when Google deleted thousands of customer reviews from dozens of dealerships nationally. He had almost no exposure to the purge because nearly all of the Virginia retailer's reviews were on DealerRater.com.
Toyota Motor Corp. eliminated a substantial part of the legal hangover from its unintended-acceleration recalls by reaching a settlement worth as much as $1.4 billion to pay for presumed loss of value in some used models.
Kia Motors Corp. has promoted chief designer Peter Schreyer to the role of president, the first foreigner to attain the position at the company, as the South Korean automaker seeks to elevate its global profile.
Regarding "Stores try no-dicker sales" ("AutoNews Now," Automotive News TV, Dec. 17): No-dicker is an attempt to get a customer to take what is offered by the dealer, no negotiations, no haggle. The bad thing about such a program is that most buyers like to haggle.