Tag Archives: Business
General Motors Announces Preliminary Agreement To Sell HUMMER
Posted on02. Jun, 2009 by webmestre.
Deal could secure more than 3,000 jobs in the United States; preserves HUMMER as global off-road brand General Motors Announces Preliminary Agreement To Sell HUMMER DETROIT – General Motors Corp. (NYSE: GM), announced it has entered into a memorandum of understanding (MoU) with a buyer for HUMMER, its premium off-road brand. This transaction is the [...]
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GM ANNOUNCES AGREEMENT WITH U.S. TREASURY AND CANADIAN GOVERNMENTS PROVIDING FAST TRACK TO COMPETITIVE FUTURE FOR ‘NEW GM’
Posted on01. Jun, 2009 by webmestre.
GM ANNOUNCES AGREEMENT WITH U.S. TREASURY AND CANADIAN GOVERNMENTS PROVIDING FAST TRACK TO COMPETITIVE FUTURE FOR ‘NEW GM’ NEW GM, BUILT FROM COMPANY’S STRONGEST OPERATIONS, EXPECTED TO LAUNCH IN 60-90 DAYS UNDER NEW OWNERSHIP GM FILES VOLUNTARY CHAPTER 11 TO IMPLEMENT ’363′ SALE AGREEMENT GM IS OPEN FOR BUSINESS IN THE U.S. AND WORLDWIDE, HONORING [...]
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GM will reduce by 42% the number of Canadian dealerships
Posted on20. May, 2009 by webmestre.
GM Canada Statement Regarding Canadian Dealer Network Consolidation Activities Oshawa, ON, May 20, 2009 — GM Canada, at the request of the Federal and Ontario Governments, accelerated its restructuring and released a revised, more aggressive Operating Plan on April 27th, which included plans to reduce the number of GM dealerships in Canada by approximately 42%. [...]
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Chrysler LLC and Fiat Group Announce Global Strategic Alliance to Form a Vibrant New Company
Posted on01. May, 2009 by webmestre.
Chrysler LLC and Fiat Group Announce Global Strategic Alliance to Form a Vibrant New Company Auburn Hills, Mich., Apr 30, 2009 - Chrysler LLC today announced that, as a result of the comprehensive restructuring plan agreed to by many of its stakeholders, it has reached an agreement in principle to establish a global strategic alliance [...]
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GM Canada Statement
Posted on07. Apr, 2009 by webmestre.
GM Canada Statement Oshawa, ON, April 7, 2009 — GM Canada welcomes today’s announcements from the federal government and we remain focused on taking all necessary steps, working with the governments and all our stakeholders to quickly and successfully complete our restructuring in this challenging market. GM remains the top selling automaker in Canada and [...]
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Chevrolet Announces Pricing For The 2010 Equinox
Posted on02. Apr, 2009 by webmestre.
Chevrolet Announces Pricing For The 2010 Equinox All-new Equinox base model $1,800 less expensive than 2009 base model DETROIT – Chevrolet announced the 2010 Equinox crossover will carry a MSRP of $23,185, including a $745 destination charge, for the FWD LS model. It goes on sale this June. “Offering the fuel economy of a sedan [...]
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FORD CANADA INCREASES MARKET SHARE FOR FIFTH CONSECUTIVE MONTH
Posted on01. Apr, 2009 by webmestre.
FORD CANADA INCREASES MARKET SHARE FOR FIFTH CONSECUTIVE MONTH Sales success fueled by award-winning Ford Fusion March Highlights: * Ford Fusion sales rose 25% * Ford Explorer sales increased 4% * Ford crossover sales rose 13% * F-Series is the best-selling nameplate in Canada * Ford Escape is the best-selling small SUV in Canada * [...]
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Volvo Cars of North America Sales Report for March
Posted on01. Apr, 2009 by webmestre.
Volvo Cars of North America Sales Report for March ROCKLEIGH, N.J. (April 1, 2009) -Volvo Cars of North America, LLC reports sales of 6,358 units in the United States for March, representing a 31.4 percent decrease compared to the same period last year. Overall in North America (United States and Canada), Volvo sold 13,764 units [...]
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GM Reports 156,380 Deliveries in March
Posted on01. Apr, 2009 by webmestre.
GM Reports 156,380 Deliveries in March * “GM Total Confidence” brings peace of mind in uncertain times with Payment Protection and Vehicle Value Protection * GM total sales up 23 percent compared with February as spring selling season begins * GM’s award-winning crossovers drive March sales as Chevrolet Traverse sales of more than 6,500 vehicles [...]
