Chinese Auto Glut Erodes Earnings
BusinessWeek - Wed Dec 9, 10:23 am ETSales are rising but profits aren't keep pace
199 Stories, most recent news story added Tue Dec 1, 4:29 pm ET
Sales are rising but profits aren't keep pace
Chrysler Nov. Sales Down 25% To 63,560 Vehicles
Michigan's unemployed ranks thinned in October from September, but still are well above the levels -- double in some areas -- seen a year ago.
(Adds General Motors figures and background in the sixth and seventh paragraphs and updated stock prices.)
Ford Motor Co. (F) posted a 0.1% increase in November U.S. light-vehicle sales on higher car and crossover sales, as the auto maker said it would boost production in the first quarter.
KINGSPORT — It’s been nearly six months since Alley’s lost the franchise to sell Chrysler and Dodge vehicles. And although the dealership still has the Jaguar and Saab franchises, the future of Saab is in question.
CONNERSVILLE, Ind. - A startup company with plans to build high-tech police cars in eastern Indiana says it's confident despite new competition from established automakers.
The lead bankruptcy attorney for defunct electronics retailer Circuit City Stores Inc. charges $945 per hour, or $15.75 a minute.
Nov. 25 (Bloomberg) -- The U.S. Environmental Protection Agency may delay rendering a verdict on the ethanol industry’s request to allow more of the fuel in gasoline, Concept Capital Washington Research Center said.
Chrysler is putting out a special Laguna Seca 1:33 edition of the Dodge Viper SRT10 ACR. | November 25, 2009 | Chrysler LLC MONTEREY, California — Chrysler will produce a Laguna Seca 1:33 special edition of the 2010 Dodge Viper SRT10 ACR to commemorate the car's record-setting lap time of 1:33.915, set Tuesday at the road course here.
The nonprofit Delta Dental of Michigan, which laid off 60 employees in August, compensated four of its top executives over $1 million each while bringing in revenues of over $1.48 billion last year, a tax report filed two weeks ago shows.