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January 3, 2010 - January 9, 2010 Archives
China surpasses US in 2009 auto sales
BEIJING -- China overtook the United States as the biggest auto market in 2009 and automakers should see more strong growth this year, according to The Associated Press citing an industry group. Boosted by Beijing's stimulus, 2009 passenger car sales...
January 8, 2010 9:13 am
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Saab bid hopes resurface as deadline looms
STOCKHOLM/AMSTERDAM -- Prospective bidders in Sweden, Luxembourg and the Netherlands were making last-ditch efforts on Thursday to buy Saab, hours before a deadline set by owner General Motors to either sell or close the Swedish carmaker, according to Reuters. After...
January 7, 2010 10:48 am
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GM boss expects 2010 profit for leaner automaker
General Motors' chairman expects the automaker will be profitable this year and says hundreds of the 1,350 GM dealers who lost their franchises last year could see them restored, according to The Associated Press. Chairman and interim CEO Ed Whitacre...
January 7, 2010 10:00 am
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GM says new CFO is a candidate for CEO post
DETROIT -- General Motors Chairman and CEO Ed Whitacre says the company's new chief financial officer Chris Liddell is a candidate for the CEO post, according to The Associated Press. Liddell formerly served as CFO of Microsoft Corp. The automaker...
January 6, 2010 3:56 pm
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December a Mixed Month for Auto Sales Sign in to Recommend
Automakers ended a miserable year with some less bad sales figures, though the Ford Motor Company was the only one of the three domestic companies to report higher numbers in December, according to The New York Times. Ford said its...
January 6, 2010 11:16 am
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Pump prices on pace to top 2009 high by weekend
The cost of filling up the car is rising in the wake of soaring crude and by this weekend, pump prices may race past the highs for all of 2009, according to The Associated Press. Tracing the ascension of crude...
January 5, 2010 2:42 pm
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GM sales fall 33 percent in 2009, Ford up in Dec.
General Motors says its December sales were down 10 percent and off 33 percent for 2009, a year that saw the top U.S. automaker go through bankrutpcy court and industry sales drop to the worst level in nearly 30 years,...
January 5, 2010 2:31 pm
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GM sales fall 33 percent in 2009, Ford up in Dec.
General Motors says its December sales were down 10 percent and off 33 percent for 2009, a year that saw the top U.S. automaker go through bankrutpcy court and industry sales drop to the worst level in nearly 30 years,...
January 5, 2010 2:31 pm
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