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Jul
23rd

Engineering Society of Detroit names Bill Russo new president

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The Engineering Society of Detroit has named Ford Motor Co. executive Bill Russo president. Russo, director of vehicle operations manufacturing at Ford, replaces Detroit construction executive Richard Haller. Full story...
Jul
23rd

Ford’s Bill Russo named president of engineering group

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Bill Russo, Ford Motor Co.'s director of vehicle operations manufacturing, has been named the new president of the Engineering Society of Detroit. Russo replaces Detroit construction executive Richard Haller. Full story...
Jul
23rd

Infiniti offers 0 percent loans, lease deals

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Infiniti is attempting to fan sales through August with 0 percent loans and lease deals across its lineup. Full story...
Jul
23rd

Lexus 250h hybrid priced at $35,075

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Lexus has priced its new HS 250h hybrid at $35,075 for the base model. The premium trim sells for $37,845. Both prices include the shipping fee of $875. Full story...
Jul
23rd

ArvinMeritor wins long-term axle contract with Navistar

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Commercial truck component maker ArvinMeritor Inc. won a long-term contract to supply axles to additional lines of Navistar International Corp. commercial vehicles and buses. Full story...
Jul
23rd

ArvinMeritor wins long-term Navistar contract

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Commercial truck component maker ArvinMeritor Inc. won a long-term contract to supply axles to additional lines of Navistar International Corp. commercial vehicles and buses. Full story...
Jul
23rd

Gertrude Crain honored:

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Gertrude Crain, who helped grow Crain Communications into an industry leader and one of the largest privately owned business publishers in the United States, was honored Thursday at Indianapolis Motor Speedway by the Women in the Winner's Circle... Full story...
Jul
23rd

Delphi retirees flood court with letters in bid to be heard

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In bankruptcy, employees and retirees are often a quiet voice difficult to hear above the buzz of dueling lawyers and creditors. Full story...
Jul
23rd

Delphi retirees flood court with protest letters

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In bankruptcy, employees and retirees are often a quiet voice difficult to hear above the buzz of dueling lawyers and creditors. Full story...
Jul
23rd

Cadillac has designs on a new chief, and shots of the Saab 9-5, in News Brake for Thursday, July 23:

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In today's News Brake: Cadillac gets a new chief, Porsche's top man is gone, and shots of the new Saab 9-5 . . . But Wait, There's More! Full story...
Jul
23rd

US: Toyota pulls NUMMI plug

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A Toyota-GM joint venture plant that has operated for 25 years will be liquidated by the end of August after GM said earlier it would pull the plug on a model built there for its doomed Pontiac brand. Full story...
Jul
23rd

US: Chrysler doubles ‘cash for clunkers’ incentive

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Chrysler has rolled out an offer similar to several available here in the UK at present: doubling the US government's $US4,500 'cash for clunkers' offer to $9,000. Full story...
Jul
23rd

COLOMBIA: Sales fall 22.4% in first half

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Colombian car sales in the first six months of 2009 fell 22.4%, less than expected. Full story...
Jul
23rd

INDIA: Apollo Q1 net profit rises 95%

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Consolidated first quarter revenues for Apollo Tyres' Indian and International Operations - grew 24% to INR16.3bn. Full story...
Jul
23rd

Toyota targets North America profit next fiscal year

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Toyota Motor Corp. is targeting a return to profitability in North America as soon as the next fiscal year, the newly appointed head of the automaker's U.S. operations said today. Full story...
Jul
23rd

BRAZIL: GM investments are for entry level segment

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The decision to invest US$1bn in the most modern GM unit in Brazil, in Gravataí, state of Rio Grande do Sul, was actually taken about a year ago. Full story...
Jul
23rd

UK: West Midlands auto suppliers get ‘support’ package

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A GBP3.5m support package to help automotive suppliers in the region get through the economic downturn was launched this week by the West Midlands Taskforce. Full story...
Jul
23rd

GM to name Dewar as Chevrolet chief in brand shake-up

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Brent Dewar, General Motors Co.'s European sales chief, today will be named head of Chevrolet as part of a leadership shake-up at two of the four surviving U.S. brands, two people familiar with the plan said. Full story...
Jul
23rd

GM names Dewar as Chevrolet chief in management overhaul

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Brent Dewar, General Motors Co.'s European sales chief, was named vice president of Chevrolet as part of a sweeping overhaul involving appointments and departures for about two dozen executives. Full story...
Jul
23rd

UK: Automakers and traders welcome block exemption extension

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The Society of Motor Manufacturers and Traders (SMMT) has welcomed the European Commission's statement setting out the future legal framework for the sale of vehicles and aftersales services following the expiry of the current block exemption regulation in May 2010. Full story...
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