Author Archives for manager
- Settembre 11, 2014
- Automakers, Manufacturing, Production
- Posted by manager
- Commenti disabilitati su Toyota Camry, Honda Civic inventories rise, report says
The Toyota Camry and the Honda Civic, the top-selling mid-size and compact cars in the U.S., face risks of reduced production as inventories of the models rise, an RBC Capital Markets report said.
Toyota’s Camry exceeded its seasonal historical average inventory by more than 15 days supply in June and Honda carried about 25 days more Civics than usual, Joseph Spak, a New York-based analyst for RBC, said in today’s report. Camry and Civic were the only models identified as at risk for reduced output among 16 of the top-selling vehicles in the U.S. market. General Motors Co., Ford Motor Co. and Chrysler Group LLC all added U.S. market share in the first six months of 2013, the first time that all three gained first-half share in 20 years. Models such as GM’s Chevrolet Cruze compact and Ford’s Fusion mid-size sedan, leading Detroit’s most competitive set of [...]
Blog
Latest Industry News- Settembre 11, 2014
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- Commenti disabilitati su Blog
Team
Customer service is not a department, it- Settembre 11, 2014
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- Commenti disabilitati su Team
- Settembre 11, 2014
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- Commenti disabilitati su Servizi
Pricing Tables
Our products are guaranteed to be priced right- Settembre 11, 2014
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- Commenti disabilitati su Pricing Tables
Sidebar Page
This is an example sidebar page layout- Settembre 11, 2014
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- Commenti disabilitati su Sidebar Page
Fiat exercises option to buy additional 3.3% of Chrysler shares
Purchase brings closer a merger of the two automakers- Settembre 10, 2014
- Automakers, Manufacturing, Production
- Posted by manager
- 1 Comment
Fiat today exercised an option to raise its stake in Chrysler by 3.3 percent.
The move is part of CEO Sergio Marchionne’s step-by-step purchases intended to lead to full control of Chrysler and the creation of a merged company that would be able to compete better with industry leaders Toyota, General Motors and Volkswagen.
Fiat has been exercising options since mid-2012 to buy holdings of about 3.3 percent from the VEBA, a medical-benefits trust for the U.S. carmaker’s retirees.
Including today’s purchase, Fiat has exercised three of its six-monthly options, increasing its stake to 68.49 percent.
Fiat has said it wants full control of Chrysler, which would give it access to some of Chrysler’s cash flow for investments in new models.
Chrysler has become Fiat’s most reliable profit generator as the Italian company struggles to end losses in Europe that totaled 704 million euros ($903 million) in [...]
- Settembre 10, 2014
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- Commenti disabilitati su Home
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