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Updates from July, 2009

  • Eyeing a better price, Ford Motor Co. is slowing down the bidding process for its Volvo car unit, the Wall Street Journal said, citing a person close to the company. Ford will wait for General Motors Co.

    Popularity: unranked [?]

    2:01 am on July 31, 2009
     
  • Incentive-fueled demand for new vehicles could boost July U.S. light-vehicle sales above rates already forecast to be the highest levels so far this year, an influential analyst said late Thursday.

    Popularity: unranked [?]

    2:01 am on July 31, 2009
     
  • Continental AG won a vote to repair its finances but will likely lose its second CEO in less than a year amid a bitter power struggle with German ball-bearings maker Schaeffler.

    Popularity: unranked [?]

    2:01 am on July 31, 2009
     
  • Toyota Motor Corp.’s loss for this business year will likely be several tens of billions of yen less than originally forecast by the automaker thanks to strong sales of hybrid cars, Japanese public broadcaster NHK reported.

    Popularity: unranked [?]

    2:01 am on July 31, 2009
     
  • The federal cash-for-guzzlers program continues to operate this morning despite dealer reports that it was to be suspended at midnight last night because it was approaching its $1 billion limit.

    Popularity: unranked [?]

    2:01 am on July 31, 2009
     
  • Incentive-fueled demand for new vehicles could boost July U.S. light-vehicle sales above rates already forecast to be the highest levels so far this year, an influential analyst said late Thursday.

    Popularity: unranked [?]

    2:01 am on July 31, 2009
     
  • The federal “cash for guzzlers” program reached its $1 billion funding limit unexpectedly after an avalanche of business exhausted its funds, an Obama administration official said late Thursday following reports from congressional and industry…

    Popularity: unranked [?]

    2:01 am on July 31, 2009
     
  • Toyota Motor Corp.’s loss for this business year will likely be several tens of billions of yen less than originally forecast by the automaker thanks to strong sales of hybrid cars, Japanese public broadcaster NHK reported.

    Popularity: unranked [?]

    2:01 am on July 31, 2009
     
  • Continental AG won a vote to repair its finances but will likely lose its second CEO in less than a year amid a bitter power struggle with German ball-bearings maker Schaeffler.

    Popularity: unranked [?]

    2:01 am on July 31, 2009
     
  • Incentive-fueled demand for new vehicles could boost July U.S. light-vehicle sales above rates already forecast to be the highest levels so far this year, an influential analyst said late Thursday.

    Popularity: unranked [?]

    2:01 am on July 31, 2009