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GM Cuts Job at Ontario Plant
August 31, 2007 - Citing low consumer demand, high gas prices, and the housing market in the United States, GM has announced plans to cut jobs at its Oshawa plant in Ontario by 1,100 positions.
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Toyota Firm in U.S. Sales Goals
August 30, 2007 - Although analysts continue to express concerns about the fallout from the mortgage crisis in the United States, Toyota sales continue to outperform the overall automotive market and the company is on target for a record sales goal in 2009.
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Bentley Names Two to Head U.S. Operations
August 29, 2007 - Leaving empty the position of CEO, Bentley Motors Inc. has named Christophe Georges and Geoff Dowding to head its North American operations.
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Toyota Parts Suppliers Moving Into Mississippi
August 28, 2007 - Toyota Boshoku America expands into Mississippi to support planned Toyota Motor Corp. plant in nearby Tupelo.
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Credit Crunch Beginning to Effect Auto Loans
August 27, 2007 - In response to the collapse of the home mortgage market in the United States, interest rates on auto loans have begun to creep toward 7 percent with many consumers deferring the purchase of a new car.
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New MGs Take to the Road in China
August 24, 2007 - In September Nanjing Automobile, which now controls the major assets of MG Rover, will introduce the new MG7 series to Chinese drivers preparatory to a global launch.
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Ford Introduces Verve Concept Car
August 23, 2007 - Today Ford showed off a new small concept christened the "Verve," which is intended to replace the Fiesta and will be offered for sale in Asia, Europe, and North America.
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Toyota Sets Ambitious 2009 Sales Goal
August 22, 2007 - Toyota, already the world's leading car manufacturer, will commit to an ambitious business plan that, if realized, would achieve record-breaking sales of 10.4 million units in 2009.
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September Designated Child Passenger Safety Month
August 21, 2007 - During September, the National Automobile Dealers Association in partnership with the NHTSA will sponsor Child Passenger Safety Month including free inspection of child seats at participating dealerships.
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Mexico's Port of Veracruz Braces for Hurricane Dean
August 20, 2007 - Bracing for Hurricane Dean, Mexico's major auto shipping port closes to traffic 500 tons and under.
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VW Workers in Puebla, Mexico Threaten Strike
August 20, 2007 - Workers at the VW plant in Puebla, Mexico are threatening to strike Saturday morning if they do not receive a requested 8.3 percent wage increase.
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Meyer Named Chrysler Marketing VP
August 16, 2007 - Chrysler has announced the appointment of Deborah Wahl Meyer, 44, to replace George Murphy as vice president and chief marketing officer effective August 28.
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Customer Satisfaction Survey Shows Improvements for Detroit
August 15, 2007 - The newly released American Customer Satisfaction Index from the National Quality Research Center placed the Detroit Big Three at the bottom of the list but showing improvement.
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Hyundai Mobis Set to Expand Alabama Facility
August 14, 2007 - Hyundai Mobis has planned a significant expansion of its existing parts facility in Montgomery, Alabama as well as a new plant to be built in Georgia.
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Mercedes Lowers R Class Price, Adds 2WD Model
August 13, 2007 - In a move to refine the appeal of the R class crossover, Mercedes-Benz has made price adjustments to the line and added a two-wheel drive model.
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Ford Thinking Outside the Technological Box
August 10, 2007 - With an engine in development featuring ethanol injection, Ford is reaching outside the traditional supply chain to bring innovative technology to customers more quickly.
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Analysts Don't Fear UAW Strike, Industry Lockout
August 09, 2007 - Although concessions to ease the burden of labor costs on American autoworkers are likely, analysts do not predict a strike or a lockout when the current UAW contract expires in September.
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Mercedes-Benz Announces New GLK Class
August 08, 2007 - Mercedes-Benz will be introducing the GLK compact SUV in Europe in 2008 and in the United States early in 2009.
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Ford Trains Dealers on Sync System
August 07, 2007 - A new training program will prepare Ford dealers to educate drivers on the use of the company's soon-to-be released wireless communication system, Sync, powered by Microsoft software.
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Chrysler Names Nardelli to Head Company
August 06, 2007 - In news that first broke over the weekend, former Home Depot CEO Bob Nardelli has been named to replace Tom LaSorda at Chrysler.
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Toyota Quarterly Earnings Up 32 Percent
August 06, 2007 - For the April-June reporting period, Toyota posted an impressive 32 percent profit gain putting the automaker on track for a seventh year of record-setting earnings.
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O'Driscoll Replaces Boerio at Jaguar
August 02, 2007 - Jaguar Cars Ltd. announced yesterday that Mike O'Driscoll, current president of Jaguar Land Rover North America, will replace Managing Director Bibiana Boerio.
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Predictions for July Auto Sales Glum
August 01, 2007 - Although investors' hopes have been raised by the announcement of second quarter profits from GM and Ford, industry watchers predict slumping auto sales for the month of July.
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