Saab Dealerships Seek New Manufacturers

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Saab Dealerships Seek New Manufacturers
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Nails just keep dropping in Saab‘s coffin, despite Chinese company Youngman’s attempts to sway the tide otherwise. The latest detail in what’s become a sad saga of failure has to do with dealerships and their reaction to being caught in the fallout. It’s probably easy to forget, but if an automaker goes belly-up, the folks… Continue Reading...

Despite A Slow May, Auto Sales Expected To Reach Highest Level Since 2008

Despite A Slow May, Auto Sales Expected To Reach Highest Level Since 2008
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Nevertheless, the overall outlook remains optimistic. Among the automakers; Toyota says it expects production to return to around 70 percent of normal levels by June, while Honda says it will resume full capacity by August. Continue Reading...

Pontiac Owners Still Mostly Loyal To GM Products

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Pontiac Owners Still Mostly Loyal To GM Products
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Ever wonder where Pontiac owner’s are going shopping for new cars since the brand folded? Honestly, we hadn’t, until this new study came to our attention. According to a study by Polk Automotive, most of them are staying loyal to General Motors. An astonishing 53.3% have come back to buy another GM product, with Chevrolet… Continue Reading...

Nissan Cube Pulled From European Market

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Nissan Cube Pulled From European Market
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Nissan‘s Cube has had a lukewarm reception outside its home market of Japan, and sales have been so poor in Europe that Nissan has decided to axe the vehicle entirely. Nissan is citing exchange rate issues between the yen and the euro as the underlying cause, but the dismal sales are likely an equal culprit… Continue Reading...

SAIC Looking To Buy GM IPO Shares

SAIC Looking To Buy GM IPO Shares
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General Motors upcoming IPO is attracting a lot of attention, not least from Chinese car manufacturer SAIC. A long time partner of the General, SAIC is looking to buy a significant portion of GM’s IPO, and with nearly $6 billion in cash reserves, the company is in a good position to do so. According to… Continue Reading...
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