(Adds comment from GM executive in sixth paragraph.) Jan. 10 (Bloomberg) — General Motors Co. and Ford Motor Co. reported record car sales in China last year, outpacing Japanese rivals hurt by production disruptions from the March 11 earthquake and Thailand’s floods. Deliveries to Chinese dealers climbed 8.3 percent from a year earlier to 2.55 [...]
Written on January 10, 2012 | Posted in
News
(Updates with comment from chairman in sixth paragraph.) Sept. 12 (Bloomberg) — Tata Motors Ltd., owner of the Jaguar and Land Rover brands, is being forced to search for a new chief executive officer as it struggles to revive sales of luxury cars amid a worsening debt crisis in Europe. Carl-Peter Forster, 57, who helped [...]
Written on September 13, 2011 | Posted in
News
NEW YORK (CNNMoney.com) — President Obama plans to announce an agreement tomorrow on a new round of fuel economy standards for cars and trucks that would require mileage gains through the year 2025. The proposal is expected to call for all passenger vehicles sold in 2025, combined, to average 54.5 miles per gallon, or nearly [...]
Written on July 29, 2011 | Posted in
News
MONEY magazine readers have saved hundreds of dollars, freed up time and raised their money game with simple strategies on how to do things faster, better and cheaper. Here are their tips on everything from saving on family vacations to cutting car insurance rates. A better way [...]
Written on July 11, 2011 | Posted in
Finance