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Updates from July, 2011

  • TGIF. Ford Motor Co. today was the last of the Detroit 3 to hold its ceremonial handshake to open contract talks with the UAW. Thankfully, the prelims are over and negotiators can get to the business of bargaining.
    4:37 pm on July 29, 2011
     
  • When President Obama proposed new fuel-economy standards today, he set a pace that's more aggressive than the industry has managed in the past four years -- or for any sustained period in the last 100.
    4:06 pm on July 29, 2011
     
  • Automakers, environmentalists and legislators alike expressed their support for President Barack Obama's latest proposal to raise corporate average fuel economy standards.
    3:02 pm on July 29, 2011
     
  • If the prospect of renting yet another Chevy Aveo or Ford Fusion leaves you yawning, consider this a wake-up call: Rental car companies are expanding their fleets of high-performance and exotic automobiles.If the prospect of renting yet another Chevy Aveo or Ford Fusion leaves you yawning, consider this a wake-up call: Rental car companies are expanding their fleets of high-performance and exotic automobiles.


    2:23 pm on July 29, 2011
     
  • Subaru of America today named a new chief marketing officer, rebuilding its executive team after two top executives left this year to work for competitors. Dean Evans, chief marketing officer at Dealer.
    2:00 pm on July 29, 2011
     
  • President Obama, flanked by the chiefs of U.S. and import-brand automakers, today proposed doubling corporate average fuel economy standards to 54.5 mpg by 2025.
    12:11 pm on July 29, 2011
     
  • Kia Motors posted a 67 percent increase in second-quarter profit as it sold more sedans, crossovers and SUVs in the U.S. market. Net income was 1.13 trillion won ($1.
    10:19 pm on July 28, 2011
     
  • President Barack Obama is expected to announce a compromise on fuel economy standards Friday that will boost average fuel economy to at least 54 miles per gallon by 2025.
    7:48 pm on July 28, 2011
     
  • Here are the 22 executives who will make up the new Group Executive Council.
    7:12 pm on July 28, 2011
     
  • California state regulators who have locked horns with automakers in the past will support the White House's plan to raise corporate average fuel economy standards to 54.5 mpg by the 2025 model year.
    4:33 pm on July 28, 2011