Most of General Motors Co.'s 17 percent sales increase this month was in fleet sales. Sales to individual customers only increased 7 percent, while fleet sales increased 38 percent.
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The demise of Mercury has one potentially positive outcome for the car world: a revitalization of Lincoln.
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Toyota Motor Sales U.S.A. remains bullish for the rest of the year for both its Toyota-Scion and Lexus divisions. Toyota Division will continue to support sales with hefty incentives, but Lexus is dropping cut-rate leases.
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Ford Motor Co. and Coulomb Technologies Inc. are giving away 4,600 electric-vehicle charging stations. Some will go to the first buyers of the Ford Transit Connect electric delivery van, which goes on sale this year.
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Hot F-series pickups and Fusion sedans boosted Ford Motor Co.'s May U.S. sales 22 percent to 196,671 light vehicles.
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Paced by its Dodge brand, Chrysler Group reported a 33 percent sales increase last month. Chrysler sold 104,819 units in May, just a year after the company's first month in a government-managed bankruptcy.
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Mercury has stood for hot-rodding, performance, style and even feminine appeal during various points in its 72-year history. But ultimately, the failure to stand alone in the Ford Motor Co.'s family of brands spelled its demise.
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Dealer sources say they expect Ford Motor Co. to confirm plans to phase out its 71-year-old Mercury brand at a press conference this afternoon.
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Ford Motor Co. will discontinue its 71-year-old Mercury brand and end production of vehicles in the fourth quarter, Mark Fields, Ford's president of the Americas, said today.
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Rarely do we at AutoWeek like to see a nameplate get deep-sixed. When one does, we enthusiasts get a little nostalgic.
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Rarely do we at AutoWeek like to see a nameplate get deep-sixed. When one does, we enthusiasts get a little nostalgic.
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Toyota has sold all 500 copies of the Lexus LFA supercar that it plans to build. Toyota will build only 20 copies of the 552-hp two-seater per month for a two-year period beginning in December.
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In News Brake: James Bond's Aston Martin DB5 hits the auction block, Ford wraps its cars in modern vinyl, and BMW reveals a new Art Car . . . But Wait, There's More!
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In News Brake: James Bond's Aston Martin DB5 hits the auction block, Ford wraps its cars in modern vinyl, and BMW reveals a new Art Car . . . But Wait, There's More!
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Canadian auto sales rose just 0.2% in May and they would have been in the red had it not been for a few strong performers, according to industry data.
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Renault-Nissan chief Carlos Ghosn has told the Financial Times that he believes the alliance can become the world's third largest carmaker this year.
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Toyota is to shift more production of its petrol Highlander SUV from Japan to the United States as part of the restructuring of its global production to improve profitability, according to media reports.
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General Motors has said it was repaying early half of a loan of US$63m from the Argentine government provided when it went into bankruptcy last year.
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