11
Mar
[
Auto Observer] No Comments
Hefty incentives offered by Toyota to rejuvenate sales and market share — and copied by some competitors – sent U.S. industry sales soaring in the early going of March, according to Edmunds.com's forecast.
In the first eight days of March, the Seasonally Adjusted Annual Rate (SAAR) of U.S. sales climbed to 12.5 [...]
10
Mar
[
Auto Beat - BusinessWeek] No Comments
Toyota is looking more like Detroit’s Big three all the time. First the quality problems and now the company has a big incentive campaign to win back loyalty. Toyota is offering 0% financing for up to five years and some discounted lease deals as a way to get buyers to look at its [...]
10
Mar
[
Daily Car News - U.S. News] No Comments
If you're a current Toyota owner, GM would like to offer you some cash to switch brands. Not surprisingly, some people have a problem with that. The U.K.'s Financial Times reports, "Toyota's US dealers launched a broadside against General Motors on Tuesday, accusing the Detroit carmaker of using taxpayers' money to counter generous incentives that [...]
10
Mar
[
Auto Observer] No Comments
AT&T has agreed to buy two of the first electric-powered Ford Transit Connects, despite the fact that the company's former CEO, Ed Whitacre, is now CEO of Ford-competitor General Motors and, it was revealed this week, still flies AT&T corporate planes as his retirement perk.
GM, where insiders have criticized the Transit [...]
9
Mar
[
Auto Observer] No Comments
So what will the 78-year-old Bob Lutz, who has spent nearly half a century in the auto business, do in what he quips is his "early" retirement?
He's got a long to-do list: write, talk, fly, advocate and entertain other options put before him.
Last week's Geneva motor show was [...]
9
Mar
[
Car Tech: An automotive blog from CNET ] No Comments
An ambitious load of marketing initiatives from the General Motors division, which is getting ready to launch its Volt electric car, emphasize that brands increasingly see the digital-culture festival as a place to test out new campaigns that aren't yet r
[...]
8
Mar
[
Auto Observer] No Comments
An executive position at General Motors Co. with a long tradition for power and attracting ambitious – and often quirky – personalities has been eliminated in the top-to-bottom management restructuring GM unveiled for its four sales divisions last week.
The role of division general manager – the executive who for [...]
5
Mar
[
Auto Observer] No Comments
Doubts abound whether a "new General Motors" truly is emerging from the old GM with its old, stodgy and coddling culture, but the reported ouster of a trio of marketing executives associated with struggling Cadillac may be a sign that, in fact, the times are a changing.
Quoting eight unnamed sources familiar [...]