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Updates from July, 2010

  • Some non-Chrysler Group dealers may receive franchises to sell Fiats, according to Sergio Marchionne, CEO of Fiat and Chrysler. Fiat franchisees could also get the Alfa Romeo franchise, which will return to the United States in 2012.
    5:08 pm on July 30, 2010
     

  • A union for Visteon Corp. retirees is seeking greater influence over the auto parts maker's bankruptcy exit plan, saying it has a claim for $100 million that entitles it to more votes on the proposal.
    5:02 pm on July 30, 2010
     

  • Chrysler Group has sued seven Detroit area dealerships in an attempt to gain legal support for the letters of intent it has given dealers reinstated through arbitration. Dealers have challenged the terms of those letters as onerous and unfair.
    4:41 pm on July 30, 2010
     

  • Ford said sales of new light vehicles in July will trump results in the year-ago period, largely due to increased demand for the F-series pickup. In July 2009, Ford sold 158,838 vehicles.
    4:21 pm on July 30, 2010
     

  • President Barack Obama gets behind the wheel of a new Chevy Volt during his tours of the General Motors Auto Plant in Hamtramck, Mich., Friday, July 30, 2010, where the Volt. an electric car is assembled. (AP Photo/Pablo Martinez Monsivais)General Motors said Friday that it is boosting production capacity for its new Chevrolet Volt due to strong public interest in the electric car that goes on sale this year.


    3:40 pm on July 30, 2010
     

  • President Barack Obama tours a Chrysler plant in Detroit Friday. Obama is in the heart of the U.S. auto industry to push an important election-year claim: that his administration's unpopular auto industry bailout has turned into an economic success.President Barack Obama on Friday heralded the recent turnaround for U.S. automakers, arguing that thousands of jobs and increased production vindicate his unpopular decision to bailout the industry.


    3:03 pm on July 30, 2010
     

  • GM said buyer interest in the new Chevrolet Volt has prompted the automaker to boost 2012 production plans for the plug-in hybrid to 45,000 units from 30,000.
    3:00 pm on July 30, 2010
     

  • Chrysler said its assembly plant in Sterling Heights, Mich., scheduled to close sometime in 2012, will remain open after that time.
    12:44 pm on July 30, 2010
     

  • The new long-wheelbase A8 has styling that is more aggressive, as sleek as top luxosedans are likely to be, with a grille that looks positively shark-like and it has the power to match.
    11:40 am on July 30, 2010
     

  • Lexus' luxury hybrid could use some more grace. Unfortunately, the hybrid isn't as fuel efficient or as sophisticated as its price might suggest it should be.
    11:24 am on July 30, 2010
     

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