Archive for the ‘Auto Market’ Category
5 Reasons to Buy a Toyota
It's hard to think of another company that nose-dived as fast as Toyota has. A few months ago, millions of drivers considered Toyota the gold standard for automobiles, with quality and reliability you could practically take for granted. Then came mysterious gas-pedal problems, claims of deadly "sudden...
March 8th, 2010 | Auto Sales | Read More
Ford overtakes GM in US sales
Ford Motor Co. overtook rival General Motors for the lead in US sales Tuesday as Toyota faltered amid a series of mass recalls and congressional investigations into its safety standards.
Ford appeared to have capitalized on Toyota's woes as its February US sales jumped 43 percent to 142,285 vehicles,...
March 2nd, 2010 | Auto Sales | Read More
Volkswagen 2009 profit stalls
Volkswagen, the biggest European carmaker, said Friday that 2009 profit plunged by nearly 80 percent in the global slump but predicted that sales and operating profit would rebound this year.
VW reported a 79.8 percent drop in net profit to 960 million euros (1.3 billion dollars) on sales that fell...
February 27th, 2010 | Auto Sales, VolksWagen | Read More
LoJack reports 90 percent recovery rate
LoJack Corp., the Westwood company that specializes in finding and recovering a wide range of mobile assets including motor vehicles and construction equipment, said today that it posted a 90 percent success rate for recovering 11,382 LoJack-equipped stolen vehicles in 2009.
Citing FBI data for 2008,...
February 23rd, 2010 | Auto Insurance, Safety & Security | Read More
New European car sales up 12.9% in Jan
New car sales were up 12.9 percent across the European Union in January compared with a year earlier, benefiting from ongoing fleet renewal schemes, the European carmakers body said on Tuesday.
However, the bloc's biggest market, Germany, saw a decline of 4.3 percent, reflecting the end of incentives...
February 16th, 2010 | Auto Sales | Read More
Insurance refunds for Massachusetts bikers
State Attorney General Martha Coakley announced settlement agreements with Safety Insurance Company, Liberty Mutual Insurance Company and Quincy Mutual Fire Insurance Company over allegations the companies overcharged customers.
The three companies were allegedly using incorrect motorcycle values to...
February 10th, 2010 | Auto Insurance, Motorcycle News | Read More
Audi Sales up by roughly 39% in Jan 2010
With some 77,800 cars delivered worldwide, AUDI AG achieved sales growth of around 39 percent in January (2009: 56,138). In the past month, 16,798 Chinese customers chose an Audi – more than twice as many as in January 2009 (2009: 7,816). Sales in the United States rose by 37.9 percent to 6,510 cars...
February 8th, 2010 | Audi, Auto Sales | Read More
CarMax’s Car Giveaway Contest on Twitter
CarMax, Inc. the nation' largest retailer of used cars, is reporting that its " Tweet Yourself to a New Ride" contest on the popular social networking website Twitter, has been increasing in popularity with just four weeks left to enter.
CarMaxhas more than tripled its Twitter audience with over 5,700...
February 4th, 2010 | Auto Industry | Read More
Auto sales up – but not for Toyota
Several major automakers reported improved sales for January, with the notable exception of troubled Toyota Motor.
Toyota said Tuesday that January sales fell 16% from a year earlier, worse than a forecast of a 12% year-over-year decline from sales tracker Edmunds.com.
Toyota had to suspend the sales...
February 2nd, 2010 | Auto Sales, Toyota | Read More
Carmax Hiring for 600 Store Positions
CarMax, Inc., the nation's largest retailer of used cars, is currently recruiting for approximately 600 store positions in locations across the country. The majority of positions are in sales, with additional openings in service operations, the business office and purchasing. Automotive experience is...
January 22nd, 2010 | Auto Sales | Read More



