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1. US Factory Output Rises 0.2 Percent in January
- Thursday, February 19, 2015
U.S. factory production edged up last month as manufacturers cranked out more computers, clothing and steel and other metals, offsetting declines in autos and aerospace.
Factory production increased 0.2 percent in January after a flat reading in December, the Federal Reserve said Wednesday. December’s reading was revised down from a 0.3 percent gain. The data suggests manufacturing is still supporting the economy, even though it is growing at a weaker pace than last year.
2. Consumers Fuel Steady US Economy as Rest of World Struggles
- Monday, February 02, 2015
WASHINGTON (AP) – There's a good reason the U.S. economy is impressing the world right now despite a slowdown in the final three months of 2014: In a word, steadiness.
Companies have been hiring at healthy rates for the past year. Layoffs hover near historic lows. Auto sales are strong. Gas prices have sunk. Congressional budget fights have faded. Americans are increasingly confident.
3. Cadillac Wants Small Dealers to Upgrade to 'Boutique' Stores
- Friday, January 23, 2015
DETROIT (AP) – In an effort to better compete with BMW and Mercedes, Cadillac wants about 700 smaller U.S. dealers to create "boutique" stores that focus on the General Motors luxury brand.
4. Holiday Shopping Boosts US Retail Sales
- Friday, December 12, 2014
WASHINGTON (AP) – U.S. retail sales perked up in November, as cheaper gas and an improving job market fueled a promising start to the holiday shopping season.
Retail sales rose a seasonally-adjusted 0.7 percent, the most in eight months, the Commerce Department said Thursday. Falling gasoline prices dented gas stations receipts by 0.8 percent, but that appears to have freed up money that consumers took elsewhere.
5. GM to Move Cadillac SRX Production to Tennessee
- Wednesday, August 27, 2014
SPRING HILL, Tenn. (AP) – General Motors is moving production of the next-generation Cadillac SRX crossover SUV from Mexico to a factory in Spring Hill, Tennessee.
The company also announced Wednesday that it will add production of some small gasoline engines to the Spring Hill complex.
6. Frigid Weather Pulls January Auto Sales Down 3 Percent
- Tuesday, February 04, 2014
DETROIT (AP) – Auto sales slid 3 percent in January as bouts of snow, ice and frigid temperatures in much of the country kept buyers snug in their homes instead of venturing out to car dealers.
7. Solid US Job Growth Cuts Unemployment to 7 Percent
- Monday, December 09, 2013
WASHINGTON (AP) – The U.S. job market is proving sturdier than many had thought.
Solid job growth in November cut the U.S. unemployment rate to 7 percent, a five-year low. The surprisingly robust gain suggested that the economy may have begun to accelerate. As more employers step up hiring, more people have money to spend to drive the economy.
8. Holiday Weekend Gives a Boost to Auto Sales
- Wednesday, December 04, 2013
DETROIT (AP) – The holiday weekend was good to U.S. automakers, as November sales rose 9 percent to beat strong numbers from a year ago.
Sales ran at an annual rate of 16.4 million cars and trucks last month, making it the best rate of the year according to Autodata Corp.
9. Ford, Toyota Fight Over Who Has Top-Selling Car
- Thursday, October 24, 2013
DETROIT (AP) — A name makes all the difference in the fight between Ford and Toyota over who has the top-selling car in the world.
Ford on Wednesday claimed that crown for its Focus compact during the first half of the year, based on registration data gathered by the R.L. Polk & Co. research firm.
10. Nissan Adds 900 Jobs to Make Rogue at Tennessee Plant
- Friday, June 28, 2013
NASHVILLE (AP) – Nissan is adding 900 jobs to start making the Rogue crossover SUV at its Tennessee plant, the Japanese automaker announced Thursday.
The new jobs are in addition to 800 positions added at the Smyrna plant last year, and will bring total employment at the suburban Nashville facility to more than 7,000. Hiring is already underway, and Rogue production is scheduled to begin this fall.
11. VW Conducting National Search to Fill Tenn. Jobs
- Tuesday, April 10, 2012
NASHVILLE (AP) – Volkswagen is conducting a national search to fill the most specialized of 1,000 new jobs at its Chattanooga plant.
The German automaker said Monday that it is using a national print and online advertising campaign to fill specialty positions, including maintenance technicians, manufacturing engineers and logistics supervisors.
12. Thinking of Getting a Smaller Car? Wait Until Fall
- Tuesday, July 19, 2011
ANN ARBOR, Mich. (AP) – Thinking of trading in the clunker in your garage for something that gets better gas mileage? Wait a little longer.
Small car prices, which have set record highs this year, are expected to come down this fall.
13. Toyota's Mississippi Auto Plant Plan Draws UAW Ire
- Monday, June 21, 2010
Toyota's announcement that it will resume construction of a car factory in Mississippi was a much-needed piece of good news for both the state struggling with persistent unemployment and the automaker trying to recover some goodwill after a recall crisis bruised its reputation.
14. Toyota Restarts Mississippi Auto Plant
- Thursday, June 17, 2010
TOKYO (AP) – Toyota will resume construction of a dormant plant in Northeast Mississippi, hiring 2,000 workers with the goal of building compact Corolla sedans by the fall of 2011, the Japanese automaker said Thursday.
15. GM Offering Deep Discounts on Saturn, Pontiac
- Wednesday, December 30, 2009
NEW YORK (AP) - General Motors Co. is offering deep discounts on its remaining Saturn and Pontiac vehicles as it looks to move the leftover inventory of the soon-to-be-dead brands, according to a published report.
16. Northeast Miss. Waits for Toyota to Deliver on Promises
- Tuesday, December 01, 2009
TUPELO, Miss. – Oh, what a wait. This month marks a year since Toyota delayed the start of operations at its new $1.3 billion vehicle manufacturing plant off U.S. 78 in Blue Springs.
The delay has put on hold nearly 2,000 jobs and an expected economic boom for Northeast Mississippians, who are biding their time as Toyota continues to reaffirm its commitment.
17. AutoZone Q3 Profit Climbs on Brisk Parts Sales
- Thursday, May 28, 2009
Automotive parts retailer AutoZone Inc. on Wednesday reported its fiscal third-quarter profit climbed 9.5 percent, helped by an increase in replacement-part sales as consumers held onto their cars longer.
18. Factory Orders Drop 3.9 Percent in December
- Friday, February 06, 2009
WASHINGTON (AP) - Orders to U.S. factories fell for a record fifth straight month in December, closing out the worst year for American manufacturers since 2002. Analysts say the deepening U.S. recession will mean further weakness in coming months.
19. Falling Energy Prices Yet to Show Economic Return
- Monday, December 22, 2008
PHOENIX (AP) - Economists believe that American consumers as a whole pocket a billion dollars every time the price for a gallon of gas drops by a penny. Given that retail gas prices have dropped by $2.44 per gallon since July, there should be a lot of money flowing back into the economy.
20. Ford Weighs Selling Volvo Amid Industry Downturn
- Tuesday, December 02, 2008
DETROIT (AP) - Ford Motor Co. is considering selling Volvo Car Corp. as the U.S. automaker seeks to raise cash and survive tight credit markets and a global automotive sales crisis.
21. June Car Sales Plummet; More Declines Expected
- Thursday, July 03, 2008
DETROIT (AP) - A last-minute no-interest financing offer and strong sales of some cars helped General Motors Corp. keep its U.S. sales over Toyota Motor Corp. last month, but it was still the worst June for the industry in 17 years and a harbinger of more misery ahead.