General Motors has hired Johan de Nysschen to run its struggling Cadillac division.» Read More
DETROIT, July 12- Incoming Cadillac President Johan de Nysschen- the brand's third boss in two years- faces a daunting task that his predecessors failed to complete: How to reposition General Motors Co's 112- year-old premium brand as a true competitor to BMW and Mercedes-Benz.
DETROIT, July 11- Incoming Cadillac President Johan de Nysschen- the brand's third boss in two years- faces a daunting task that his predecessors failed to complete: How to reposition General Motors Co's 112- year-old premium brand as a true competitor to BMW and Mercedes-Benz.
TOKYO/ DETROIT, July 11- General Motors Co said on Friday it has hired Johan de Nysschen, chief of Nissan Motor Co's Infiniti premium brand, to run its Cadillac division. De Nysschen, 54, will report to GM President Dan Ammann, who cited the executive's experience with Volkswagen's Audi luxury brand.
TOKYO/ DETROIT, July 11- The chief of Nissan Motor Co's Infiniti premium brand, Johan de Nysschen, is leaving two years after he joined the Japanese carmaker, a Nissan spokeswoman said on Friday. General Motors Co has hired de Nysschen, 54, to run its luxury Cadillac brand, a source familiar with the plans who asked not to be identified said on Friday.
HONG KONG— Car sales in China cooled in June, with domestic brands falling further behind their foreign rivals in the world's biggest auto market, an industry group reported Wednesday. Auto sales growth in China has been steadily easing since 2009, when it peaked at more than 40 percent.
TOKYO, July 9- Japan's Nikkei share average fell to a fresh one-week low on Wednesday morning as U.S. stocks beat a retreat before the start of the earnings season, and the stronger yen hurt exporters. Bucking the weakness, ANA Holdings rose 1.3 percent after CLSA hiked its rating to' buy' from' outperform' citing its strong inbound and outbound traffic.
The six cities, two counties and two water agencies have gone in together to buy 90 electric vehicles with the help of a $2.8 million grant from the Metropolitan Transportation Commission, a regional transportation agency, officials with the Bay Area Climate Collaborative said on Tuesday.
MEXICO CITY, July 3- Luxury car maker BMW revealed a $1 billion Mexican plant investment on Thursday, becoming the latest major automaker to take advantage of the country's growing industrial base and tariff-free access to the U.S. market.
MEXICO CITY, July 3- Luxury car maker BMW revealed a $1 billion Mexican plant investment on Thursday, becoming the latest in a line of major automakers to take advantage of the country's growing industrial base and tariff-free access to the U.S. market.
*Southwest growth helps Nashville bounce back. As Nashville discovered, it can take years of adjustments to come to terms with an airline's decision to pull back.
*Google, Apple lead; Nokia, TomTom face make-or-break moment. Chip-makers or tech giants such as Infineon and Google are among a variety of companies involved in the rapid development and testing of intelligent cars from those that drive themselves to those allowing a driver to use mobile phone apps through the dashboard.
*Japan shares valuations attractive- traders. TOKYO, July 2- Tokyo's Nikkei share average rose to a five-month peak on Wednesday morning after Wall Street scored record-closing highs thanks to strong manufacturing activity in the U.S., Japan's biggest export market.
General Motors Co bucked Wall Street's low expectations as well as negative publicity over a flood of safety recalls, reporting a 1 percent rise in U.S. sales in June. He added that GM's sales remain strong in part because consumers focus on brand names such as Chevrolet and Buick rather than the corporate name " General Motors."
WASHINGTON, July 1- U.S. manufacturing activity rose at a steady clip in June and major automakers reported better-than-expected sales, pointing to momentum in the economy after a turbulent start to the year.
DETROIT, July 1- Major automakers reported better-than-expected U.S. sales in June, capping a strong second-quarter comeback from a brutal winter, but some companies displayed signs of softening demand for their most popular models.
General Motors reports a modest rise in US sales in June, despite safety recall.
WASHINGTON, July 1- U.S. manufacturing activity held steady at firmer levels in June and automobile sales were on track to beat expectations, pointing to momentum in the economy after a rough winter. The Institute for Supply Management said on Tuesday its index of national factory activity was at 55.3, little changed from May's 55.4 reading.
General Motors' Monday recall helped U.S. automakers secure a record none want to be part of, NBC News reports.
DETROIT, July 1- General Motors Co bucked Wall Street's low expectations and negative publicity over a flood of safety recalls, reporting a modest rise in U.S. sales in June. Chrysler Group and Nissan Motor Co also reported year-to-year increases on Tuesday. They, along with Ford Motor Co, topped analysts' expectations.
Asian stocks were mixed on Tuesday as investors reacted to key factory activity data from the mainland.