Posts Tagged ‘automaker’

Toyota can be sued for economic losses: Judge

Owners of Toyota Motor vehicles that were recalled over unintended acceleration may pursue claims against the automaker that the problem caused the value of their cars to fall, a federal judge ruled on Monday.

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Cooperman sees dividends, stock buybacks from GM

LAS VEGAS (MarketWatch) — General Motors Co. may return money to shareholders within a year via dividends or share repurchases, Leon Cooperman, head of $6.5 billion hedge fund firm Omega Advisors, said Thursday. The automaker has about $30 billion of cash, Cooperman noted during the SkyBridge Alternatives Conference in Las Vegas. Omega owns GM shares and it’s currently a losing position for the firm, he added.

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Jaguar and Williams F1 set for UK hybrid

INDIAN-OWNED automaker Jaguar has joined forces with Formula One racing group Williams to produce a British-made commercial model of their hybrid C-X75 supercar, the pair announced here on Friday.

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Analysts mixed on Chrysler outlook

On Monday, when it reports first-quarter financial results, Chrysler CEO Sergio Marchionne will reveal how much more the Auburn Hills automaker must improve to meet its goal of being profitable this year.

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GM is back in the driver’s seat

Poised to regain the title of world’s biggest automaker, GM has had a remarkable comeback from bankruptcy.

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GM will invest up to $7b in China’s market

/enpproperty–> SHANGHAI – General Motors (GM), the largest foreign automaker by sales in China, will invest $5 billion to $7 billion over the next five years in the world’s biggest vehicle …

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Alfa Plans to be Back in the US Market in 2014

Years after exiting the U.S. market, Alfa Romeo plans to storm the United States again with its new lineup of sport models. The Milan-based automaker is set to re-enter the U.S. market beginning next year.

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Marketing Daily: Here’s The Deal: Buy A Volvo, See Sweden

If the idea of a sm”rgand#229;s is enough to get you to a Volvo dealership, the company’s U.S. marketing arm has a couple of offers for you. Volvo Cars of North America’s (VCNA) is extending its Overseas Delivery Program, offering buyers an opportunity to pick up their vehicle from the factory in Sweden, with the automaker paying for the trip and the vehicle’s trip back to the States.

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Toyota, Microsoft to Co-Develop Auto Software

Automaker Toyota Motor Corp. and software developer Microsoft Corp. announced on Wednesday a partnership to use Microsoft’s cloud-computing applications on Toyota vehicles.

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Mulally’s pay up 48 percent at Ford

DEARBORN, Mich., April 2 (UPI) — U.S. automaker Ford Motor Co. can “forget about” asking for concessions from union workers in contract talks this year, a professor of labor relations said.

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