Auto sales turned in a strong performance in September. “People seem to be saying, ‘It’s not as quite as scary anymore,'” says Arthur Wheaton, automotive analyst at Cornell University’s ILR School.
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Ford Motor (F) reported higher sales in September on strong demand for fresh models, as sales rose 46% compared to September 2009, the company said Friday.
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General Motors reported Friday that overall vehicle sales in September 2010 climbed 10.5% on a year-over-year basis, based on strong demand for its new generation of crossover vehicles. Among its four core brands, GM sales rose…
Chrysler Group is likely to pursue an initial public offering of stock in “chunks” rather than one big offering and not until the second half of 2011, the company’s chief executive said Thursday.
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General Motors will once again have its own in-house financing unit starting Friday, when the auto giant closes on its $3.5 billion purchase of AmeriCredit. The new unit, to be renamed General Motors Financial, will allow GM to…