Editorial Results (free)
1. Chrysler Recalls 651,000 SUVs for Mirror Lights
- Monday, July 14, 2014
NEW YORK (AP) — Chrysler says it is recalling 651,000 Jeep and Dodge SUVs in the U.S. because vanity mirror lights that have undergone repairs can short circuit and start a fire if not reassembled correctly.
2. GM Safety Crisis Grows as Recalls Mount
- Tuesday, July 01, 2014
DETROIT (AP) – General Motors' safety crisis worsened on Monday when the automaker added 8.2 million vehicles to its ballooning list of cars recalled over faulty ignition switches.
The latest recalls involve mainly older midsize cars and bring GM's total this year to 29 million, surpassing the 22 million recalled by all automakers last year.
3. Lawmakers Press GM on Report's Findings
- Thursday, June 19, 2014
WASHINGTON (AP) – Lawmakers expressed disbelief Wednesday at General Motors' explanation for why it took 11 years to recall millions of small cars with defective ignition switches, and also confronted its chief executive with evidence that the company dragged its feet on a similar safety issue in different vehicles.
4. US Auto Sales Hit 9-Year High in May
- Wednesday, June 04, 2014
DETROIT (AP) – Brisk demand for SUVs and pickup trucks – and five sunny weekends – pushed U.S. auto sales to a nine-year high in May.
Chrysler, Nissan and Toyota all reported double-digit sales gains over last May. Even General Motors, battling bad publicity from a mishandled recall, surprised with a 13 percent sales increase.
5. Government Report Says US Lost $11.2 Billion on GM Bailout
- Thursday, May 01, 2014
NEW YORK (AP) – A new report says taxpayers lost $11.2 billion on the government's bailout of General Motors.
The estimate comes from a quarterly report to Congress by a government watchdog that oversees the bailout, and is up from a previous estimate of $10.5 billion.
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. December Auto Sales Falter; 2013 Still Best in 6 Years
- Monday, January 06, 2014
December U.S. auto sales slowed a bit from the brisk pace earlier this year, but automakers still were on target to finish 2013 with the best numbers in six years.
Nissan posted an 11 percent gain for December and Chrysler managed a 6 percent increase. But General Motors, Toyota, Ford and Volkswagen each posted disappointing numbers. Still, most major automakers reported at least a 7 percent increase for 2013, and analysts expect full-year sales to be up around 8 percent to 15.6 million when all the numbers are in. That would be the highest sales figure since 16.1 million in 2007.
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. Government Expects to Finish GM Stock Sale by Year End
- Friday, November 22, 2013
DETROIT (AP) – The U.S. government expects to sell the last of its stake in General Motors by the end of the year, bringing an end to a sad chapter in the 105-year-old auto giant's history.
10. Automakers Post Big October Gains
- Saturday, November 09, 2013
Chrysler, Ford, General Motors, Nissan and Toyota all posted October sales increases as the U.S. auto industry rebounded from a lackluster September.The gains signal that automakers made it through the 16-day partial government shutdown relatively unscathed. All automakers reported October sales on Friday.
11. Automakers Post Big October Gains
- Monday, November 04, 2013
Chrysler, Ford, General Motors, Nissan and Toyota all posted October sales increases as the U.S. auto industry rebounded from a lackluster September.
The gains signal that automakers made it through the 16-day partial government shutdown relatively unscathed. All automakers reported October sales on Friday.
12. Tire-Maker Hankook to Build Tennessee Plant
- Tuesday, October 15, 2013
South Korean tire-maker Hankook announced Monday that it will build its first North American plant in Tennessee, creating 1,800 jobs.
Hankook, the world's seventh-largest tire maker, said it will build the $800 million facility in Clarksville. Construction on the 1.5 million-square-foot facility is scheduled to begin by the end of next year, and it will begin making high-end performance tires by early 2016.
13. Fed Survey Finds US Economy Growing Moderately
- Thursday, September 05, 2013
WASHINGTON (AP) – Economic growth held steady across the United States from July through late August, as Americans bought more cars and homes and auto factories added workers.
A Federal Reserve survey released Wednesday showed that all 12 of the Fed's regional banking districts reported modest to moderate growth. That's roughly in line with the Fed's previous survey of those districts from late May through early July.
14. Automakers Report Sales Up Double-Digits in August
- Thursday, September 05, 2013
DETROIT (AP) – The major U.S. and Japanese automakers all posted double-digit U.S. sales gains last month as car buyers snapped up pickup trucks and small cars to lead the industry toward its best month in six years.
15. US Retail Sales Up 0.2 Percent in July
- Wednesday, August 14, 2013
WASHINGTON (AP) – U.S. retail sales edged up in July despite a drop in auto sales. A category of purchases that excludes the most volatile areas rose by the most in seven months, a sign that consumer spending could boost economic growth in coming months.
16. US Auto Sales Up in July as Cars See Big Gains
- Friday, August 02, 2013
DETROIT (AP) – Pickup trucks led the charge in July, but strong sales of small cars show that demand for new vehicles is broad – and not slowing down.
Car sales grew in the first six months of this year, but not at the blistering pace of trucks and SUVs. Through June, full-size pickups were up 22.5 percent over the year before, while cars were up 5 percent.
17. US Factories Rebound With Best Growth in 2 Years
- Friday, August 02, 2013
WASHINGTON (AP) – U.S. factories revved up production, hired more workers and received a surge of new orders in July, helping them expand at the fastest pace in two years. The gains suggest manufacturing is rebounding and could provide a spark to economic growth.
18. 5 New Features That Could Be on Your Next Car
- Monday, July 08, 2013
DETROIT (AP) – Cameras that check around the car for pedestrians. Radar that stops you from drifting out of your lane. An engine able to turn off automatically at traffic lights to conserve fuel.
19. US Factory Orders Rise 2.1 Percent in May
- Wednesday, July 03, 2013
WASHINGTON (AP) – Orders to U.S. factories rose in May, helped by a third straight month of stronger business investment. The gains suggest manufacturing may be picking up after a weak start to the year.
20. Tennessee Officials Hope to Lure Fiat-Chrysler to State
- Tuesday, June 18, 2013
PULASKI, Tenn. (AP) – State officials are making the case to Fiat head Sergio Marchionne to select Tennessee for the Italian automaker's joint headquarters with Chrysler Group LLC.
21. US Auto Sales See Big Gains in May
- Tuesday, June 04, 2013
DETROIT (AP) – Price cuts at Nissan and strong demand for pickup trucks helped U.S. auto sales rebound in May after a slight dip in April.
General Motors reported its strongest monthly sales since September of 2008. Chrysler, Ford, and Toyota also reported increases. Nissan Motor Co. notched its highest May sales ever after cutting prices on seven popular models early in the month. Only Volkswagen said sales fell compared with May of last year.
22. US Factory Output Falls 0.4 Percent in April
- Saturday, May 18, 2013
U.S. manufacturers cut back on production in April, as auto companies cranked out fewer cars, factories made fewer consumer goods and most other industries reduced output.
The weakness suggests economic growth may be slowing this spring.
23. US Factory Output Falls 0.4 Percent in April
- Thursday, May 16, 2013
U.S. manufacturers cut back on production in April, as auto companies cranked out fewer cars, factories made fewer consumer goods and most other industries reduced output. The weakness suggests economic growth may be slowing this spring.
24. Automakers Report US Sales Up in March
- Wednesday, April 03, 2013
DETROIT (AP) – March is turning out to be the best month for auto sales in at least six years.
Major automakers including Ford, Chrysler, Toyota, General Motors and Nissan all reported increases, with some reporting their best monthly totals since the start of the Great Recession in December of 2007.
25. Automakers Report Growing US Sales in February
- Monday, March 04, 2013
DETROIT (AP) – Americans want new cars and trucks, and they're not going to let higher gas prices or political dysfunction in Washington stand in their way.
General Motors, Toyota, Ford and most other automakers posted at least modest sales gains for February. Industry analysts estimate last month's sales rose about 7 percent from a year earlier as pent-up demand and cheap financing kept the U.S. auto sales recovery powering along.
26. Super Ads
- Tuesday, February 05, 2013
What will $126,000 buy you? Exactly one second of airtime during Super Bowl XLVII. This year 30-second spots sold for more than $3.8 million. That kind of investment puts momentous pressure on the big brands to break through the commercial clutter with a memorable ad that distinguishes the brand and drives targeted consumers to take action.
27. Detroit, Toyota See Big US Sales Gains in January
- Monday, February 04, 2013
DETROIT (AP) – American consumers ignored tax increases and trudged through winter weather to buy new cars and trucks at an unusually strong pace last month.
"(January) was like a sprinter out of the starting blocks," said Mike Jackson, CEO of AutoNation Inc., the country's largest auto dealership chain.
28. Why Geithner's Treasury Leadership Proved Divisive
- Friday, January 25, 2013
WASHINGTON (AP) – President Barack Obama has saluted the outgoing Timothy Geithner as one of the best U.S. Treasury secretaries ever. He's surely been among the most contentious.
Not since the Great Depression had an administration inherited so many grave financial threats at once. To many, Geithner deserves credit for helping steady the banking system and helping restore investor confidence. Yet his toughest critics say Geithner's policies consistently favored big banks over ordinary struggling Americans.
29. No More Government Motors: US Selling GM Shares
- Thursday, December 20, 2012
DETROIT (AP) – The U.S. government's foray into the car business is slowly coming to an end.
The Treasury Department said Wednesday that it will sell its remaining stake in General Motors in the next year or so, winding down a $50 billion bailout that saved the iconic American car giant but also set off a heated debate about government intervention in private business that even influenced this year's presidential election.
30. Consumers Give US Economy a Lift Before Election
- Friday, November 02, 2012
WASHINGTON (AP) – A flurry of reports Thursday showed that U.S. consumers are growing more confident and spending more, boosting a still-weak economy just five days before the presidential election.
31. J.D. Byrider Brings First Franchise To Memphis
- Friday, October 26, 2012
The nation’s largest used car franchise company has entered the Memphis market. Carmel, Ind.-based J.D. Byrider has inked 30,900 square feet at 2580 Mount Moriah Road, marking the company’s second Tennessee dealership.
32. Pickups Drive US Auto Sales in August
- Wednesday, September 05, 2012
DETROIT (AP) – Strong pickup demand fueled a big jump in U.S. auto sales last month.
GM's August U.S. sales rose 10 percent compared with a year earlier, while Ford's rose 13 percent and Chrysler's 14 percent.
33. Ford, GM Sales Lose Ground to Japan Rivals in July
- Thursday, August 02, 2012
DETROIT (AP) – General Motors and Ford lost ground to Japanese automakers last month as their rivals made a strong comeback from last year's earthquake.
GM's July sales fell 6 percent from a year earlier, while Ford's slipped 4 percent. By contrast, Honda sales leaped 45 percent while Toyota posted a 26-percent gain. Chrysler also did well, notching its best July in five years.
34. US Jobless Claims Drop by 35,000 to 353,000
- Friday, July 27, 2012
WASHINGTON (AP) – The number of Americans applying for unemployment benefits dropped by 35,000 last week, a figure that may have been distorted by seasonal factors.
The Labor Department said Thursday that applications fell to a seasonally adjusted 353,000. That's down from a revised 388,000 the previous week and the biggest drop since February 2010.
35. US Poverty on Track to Rise to Highest Since 1960s
- Tuesday, July 24, 2012
WASHINGTON (AP) – The ranks of America's poor are on track to climb to levels unseen in nearly half a century, erasing gains from the war on poverty in the 1960s amid a weak economy and fraying government safety net.
36. Auto Sales Weaken a Bit in Early July
- Monday, July 23, 2012
DETROIT (AP) — The raft of gloomy economic news may be starting to hurt U.S. auto sales.
Industry analysts and dealers said this week that sales during the first half of July slowed a bit from the robust pace in June. But they still were expected to be better than July of 2011.
37. Fewer Auto Closings Reduce US Unemployment Claims
- Friday, July 13, 2012
The number of people seeking U.S. unemployment benefits plunged last week. But a big reason was that some automakers skipped their traditional summer shutdowns to keep up with demand, leading to fewer temporary layoffs of autoworkers.
38. Carmakers Report Strong June Sales, Easing Worries
- Wednesday, July 04, 2012
DETROIT (AP) – From mini cars to monster pickups, sales of vehicles charged higher in June and eased concerns that Americans would be turned off by slower hiring and other scary headlines.
39. WHO's Cancer Agency: Diesel Fumes Cause Cancer
- Wednesday, June 13, 2012
LONDON (AP) – Diesel fumes cause cancer, the World Health Organization's cancer agency declared Tuesday, a ruling it said could make exhaust as important a public health threat as secondhand smoke.
40. Auto Sales Remain Bright Spot in Economy
- Monday, June 04, 2012
U.S. auto sales remained a bright spot in May even as the economy darkened.
Many of the biggest carmakers reported double-digit sales gains last month compared with a year earlier. Americans continued to replace their aging vehicles even though economic news was mostly downbeat.
41. Residential Capital Seeks Chapter 11 Protection
- Tuesday, May 15, 2012
DETROIT (AP) – The U.S. government is hoping that Monday's bankruptcy filing by Ally Financial Inc.'s troubled mortgage business will help the company repay its government bailout faster.
42. US Factory Orders Fell in March by Most in 3 Years
- Thursday, May 03, 2012
WASHINGTON (AP) – Demand for U.S. factory goods dropped in March by the most in three years, driven lower by a sharp fall in volatile orders for commercial aircraft. Still, more recent data suggest the decline may be temporary.
43. Toyota, Chrysler See Big April Sales Gains
- Wednesday, May 02, 2012
DETROIT (AP) – Toyota and Chrysler saw big U.S. sales gains in April, but they came at the expense of General Motors and Ford.
When automakers finish reporting numbers on Tuesday, industry-wide sales are likely to rise only a little above April of 2011, but the annual pace is expected to match February and March. Automakers and analysts noted that this April had more Sundays than last year and fewer cars are sold on Sundays
44. Auto Sales Surge in March, Led by Small Cars
- Wednesday, April 04, 2012
DETROIT (AP) – Appealing small cars, low interest rates, truck deals and unseasonably warm weather helped the auto industry achieve its best monthly performance in almost four years in March.
45. Big Sales for Small Cars in February
- Friday, March 02, 2012
DETROIT (AP) – Small cars sold big in February.
With gasoline prices spiking 30 cents last month, demand soared for compact cars like the Focus and Civic. That lifted U.S. sales for Ford, Honda and other major automakers that reported February sales on Thursday.
46. Obama Call for Manufacturing Revival a Tough Goal
- Monday, February 13, 2012
WASHINGTON (AP) – President Barack Obama is making a strong election-year push for an economic revival "built on American manufacturing." But he faces an uphill slog, with little consensus even within his own party on how to do it.
47. Super Bowl MVPs
- Wednesday, February 08, 2012
Would you write a check for $116,000 for one second of TV airtime?
That was precisely the question Super Bowl advertisers faced this year. Thirty-second ads sold for a record $3.5 million, up a whopping 17 percent from last year.
48. US Auto Sales Rise in January, Led by Chrysler, VW
- Thursday, February 02, 2012
DETROIT (AP) – U.S. auto sales are off to a strong start this year, continuing their brisk pace from late 2011.
Chrysler had its best January in four years while Toyota got a boost from its new Camry. Volkswagen, which wants to aggressively expand in the U.S., reported much higher sales. One sour note was GM, where sales fell compared to a strong January a year earlier.
49. Nation Adds 200K Jobs in December Hiring Surge
- Monday, January 09, 2012
WASHINGTON (AP) – Four painful years after the Great Recession struck and wiped out 8.7 million jobs, the United States may finally be in an elusive pattern known as the virtuous cycle – an escalating loop of robust job growth, healthier spending and higher demand.
50. US Factory Output Declined Sharply in November
- Friday, December 16, 2011
WASHINGTON (AP) – U.S. manufacturing output fell in November for the first time in seven months.
The decline was largely because factories made fewer autos. But production of home electronics, appliances and business equipment also dropped.
51. Retail Sales are Helping Economy Grow Consistently
- Wednesday, December 14, 2011
WASHINGTON (AP) – Economic growth is picking up in the final three months of the year, fueled by higher consumer spending, rising business stockpiles and modest increases in hiring.
The start of the holiday shopping season in November helped produce the sixth straight monthly increase in retail sales. Gift-buying Americans spent more on clothing and electronics, and sales of autos and furniture also rose.
52. US Service Firms Expanded in Nov. at Slower Pace
- Tuesday, December 06, 2011
WASHINGTON (AP) – Service companies, which employ 90 percent of the U.S. work force, expanded at a slower pace in November and a measure of employment at those firms fell.
Separately, the government said orders to U.S. factories dropped for the second straight month.
53. US Auto Sales Look Strong in November
- Friday, December 02, 2011
DETROIT (AP) – People are finally replacing the cars and trucks they held on to during the economic slump, giving a boost to U.S. auto sales in November.
Chrysler, Ford and Nissan were among the companies reporting double-digit gains from last November, which is normally a lackluster month because of colder weather and holiday distractions. This November, buyers were lured by good deals, improving confidence in the economy and the need to trade in older cars.
54. Sales of Midsize Cars Shrink as Buyers Go Smaller
- Monday, November 28, 2011
DETROIT (AP) – You can't drive far without seeing a Toyota Camry, Honda Accord or Ford Fusion.
Midsize sedans have been America's favorite cars for decades. That's changing. More people are choosing small cars like the Chevrolet Cruze and even smaller ones like the Honda Fit because they're worried about gas prices and car payments. There's another reason, too: Small cars are no longer the cramped econoboxes of the 1980s and 1990s, and they have many of the same features as larger cars.
55. Factory Activity Slows as Economy Stays Sluggish
- Wednesday, November 02, 2011
WASHINGTON (AP) – U.S. manufacturing grew more slowly in October, hampered by weaker demand for exports and slower production at factories.
But companies ordered more goods, factories slashed their stockpiles and auto sales rose. Those trends suggest manufacturing activity could rebound in coming months.
56. Trucks, SUVs Power Strong Auto Sales in October
- Wednesday, November 02, 2011
DETROIT (AP) – Car buyers were out in force in October, snapping up trucks and SUVs and taking advantage of deals on Japanese cars.
U.S. car and truck sales were expected to top 1 million in October, a surprising number for a month when sales are usually slow. When adjusted for seasonal factors, that would be the best pace since the "Cash for Clunkers" program in August 2009.
57. Jack Daniel Distillery Targeted for More Taxes
- Friday, October 21, 2011
NASHVILLE (AP) – Tennessee's Jack Daniel distillery, celebrated for years in folksy advertising, is being targeted to pay more taxes – with a tab of up to $5 million.
58. Ford to Add 5,750 US Jobs as Part of New Contract
- Wednesday, October 05, 2011
DEARBORN, Mich. (AP) – Ford Motor Co. said Tuesday it will add 5,750 jobs and invest $4.8 billion in its U.S. factories as part of a new contract deal with the United Auto Workers union.
59. US Auto Sales Up in September on Big Trucks
- Tuesday, October 04, 2011
DETROIT (AP) – Pickups and SUVs boosted U.S. autos sales in September as dealers offered promotions, gas prices fell and contractors replaced aging fleets of work trucks.
Truck sales at General Motors, Chrysler and Ford grew in the double digits, outpacing cars. The September increases built on a healthy performance in August, when new models, cheaper financing and pent-up demand lifted the industry after several disappointing months.
60. General Motors Workers Ratify New Labor Contract
- Thursday, September 29, 2011
DETROIT (AP) – Factory workers at General Motors have voted overwhelmingly to approve a new four-year contract with the company that has profit-sharing instead of pay raises for most workers and promises thousands of new jobs.
61. In the US, Two Housing Markets and Two Directions
- Thursday, September 22, 2011
In America, it's starting to feel as if there are two housing markets. One for the rich and one for everyone else.
Consider foreclosure-ravaged Detroit. In the historic Green Acres district, a haven for hipsters, a pristine, three-bedroom brick Tudor recently sold for $6,000 – about what a buyer would have paid during the Great Depression.
62. House Disaster Vote Sets up Showdown With Senate
- Thursday, September 22, 2011
WASHINGTON (AP) – Despite opposition from Democrats and some tea party Republicans, the GOP-controlled House on Wednesday took up $3.7 billion in disaster relief as part of a bill to avert a government shutdown at the end of the month.
63. UAW, Automakers Continue Talks as Deadline Nears
- Thursday, September 15, 2011
DETROIT (AP) – United Auto Workers negotiators say they made progress with General Motors Co. during contract talks Tuesday night, but both sides are quickly approaching a deadline to reach new deals with GM and Chrysler Group LLC.
64. Web Presence Takes TDN To New Levels
- Wednesday, September 14, 2011
When The Daily News Publishing Co. Inc. was founded more than a century ago, court filings were recorded manually, a tweet was a sound a bird made, and Facebook founder Mark Zuckerburg’s parents hadn’t been born yet.
65. August US Auto Sales Better Than Expected
- Friday, September 02, 2011
DETROIT (AP) – Car buyers shrugged off bad economic news and a major East Coast hurricane last month, lifting U.S. sales for most automakers.
General Motors, Chrysler, Ford and Nissan reported surprisingly strong sales results on Thursday. Toyota and Honda, however, continued to be hurt by model shortages from the March earthquake and tsunami in Japan. Both reported large sales drops.
66. US Auto Industry Uneasy After Weak July Sales
- Wednesday, August 03, 2011
DETROIT (AP) – Auto sales were expected to rise only slightly in July, adding to concerns in the industry that Americans are pulling back on car buying.
Analysts predicted a small increase in U.S. sales of new cars and trucks. A lack of discounts and lingering shortages of Japanese cars kept many buyers away. Americans also worried about the economy.
67. New Mileage Standards Aim for Less Fuel, Pollution
- Monday, August 01, 2011
WASHINGTON (AP) — President Barack Obama and automakers ushered in the largest cut in fuel consumption since the 1970s on Friday with a deal that will save drivers money at the pump and dramatically cut heat-trapping gases coming from tailpipes.
68. Auto Industry, Seeing New Life, is on Hiring Spree
- Thursday, July 07, 2011
DETROIT (AP) – Volkswagen opened a plant in Tennessee last month with 2,000 workers. Honda is hiring 1,000 in Indiana to meet demand for its best-selling Civic. General Motors is looking for 2,500 in Detroit to build the Chevy Volt.
69. Shuttle Cost: More Than AIG Bailout, Less Than War
- Wednesday, July 06, 2011
CAPE CANAVERAL, Fla. (AP) – At $196 billion, the amount of money taxpayers spent during the lifetime of the space shuttle program seems astronomical.
But the entire federal government spends that much in just three weeks. In big bucks Washington, even $196 billion is relative.
70. GM, Ford June Sales Rise, Honda Falls
- Monday, July 04, 2011
DETROIT (AP) – Gas prices have hit a sweet spot for U.S.-based automakers. They've fallen enough to spur pickup truck sales, yet remain so high that newer small cars are selling as well.
71. White House Considers Big Boost to Fuel Economy
- Tuesday, June 28, 2011
WASHINGTON (AP) – The Obama administration is telling American automakers that it would like cars and light trucks to average 56.2 miles per gallon by 2025 – a boost to fuel economy that would save consumers money at the pump and help with global warming but drive up the cost of automobiles.
72. Mayors Launch Office of Sustainability
- Tuesday, May 24, 2011
When Memphis Mayor A C Wharton Jr. and Shelby County Mayor Mark Luttrell launch their joint office of sustainability this week, it will be the latest move in a continuing realignment of both local governments.
73. Wal-Mart Remains Atop Fortune 500 List
- Friday, May 06, 2011
NEW YORK (AP) – Wal-Mart Stores Inc. remains atop the Fortune 500 list even as it struggled to keep its U.S. customers coming in the door.
74. GM to Raise Car Prices Due to Oil, Metal Costs
- Tuesday, April 19, 2011
DETROIT (AP) – General Motors Co. said Monday it will raise car and truck prices by an average of $123 per vehicle to make up for its increased oil and metal costs.
75. Auto Sales Up on Jobs Outlook, Fuel-Efficient Cars
- Monday, April 04, 2011
DETROIT (AP) – U.S. sales of new cars and trucks rose in March, helped by a brighter jobs outlook and rising sales of fuel-efficient vehicles.
New vehicle sales rose 11 percent at General Motors, 16 percent at Ford, 23 percent at Honda and 27 percent at Nissan, all aided by sales of smaller, more efficient cars and crossovers, which look like truck-based SUVs but are more fuel efficient and nimble because they are built on car underpinnings.
76. Crump Commercial Sets Sights on Continued Success
- Monday, March 07, 2011
To many Memphians, the name Crump is a familiar one.
The legacy of former Memphis mayor E.H. “Boss” Crump is felt across the political landscape and can be seen in everything from a boulevard to a football stadium
77. GM Leads Auto Sales Jump With 49 Percent Increase
- Wednesday, March 02, 2011
DETROIT (AP) – General Motors Co. led automakers with a 49 percent U.S. sales jump last month, aided by sweeter financing and lease deals and strong demand for newer models.
78. AP Source: GM Hourly Workers Get $4,000 Bonuses
- Tuesday, February 15, 2011
DETROIT (AP) – General Motors Co. will pay more than $189 million in profit-sharing to 48,000 U.S. hourly workers and millions more in performance bonuses to salaried employees, according to company documents obtained by The Associated Press.
79. Which $3 Million Ad Flamed the Fans?
- Wednesday, February 09, 2011
Oh, how the big brands sweated as each second of Super Bowl XLV airtime sucked away 100,000 marketing dollars. Would the $3 million advertisers paid for a 30-second spot pay off with the 111 million viewers? Let’s see.
80. CVS Caremark 4Q Profit Falls 2 Percent
- Friday, February 04, 2011
NEW YORK (AP) – Drugstore chain and pharmacy benefits manager CVS Caremark Corp. said Thursday that its profit fell 2 percent in the fourth quarter on lower revenue because of client losses and fewer Medicare prescription drug program members.
81. GM, Chrysler, Kia Report Big Jan. US Sales Gains
- Wednesday, February 02, 2011
DETROIT (AP) – U.S. sales of cars and trucks rose in January, a strong start to what the auto industry hopes will be an extension of last year's recovery.
In another good sign, sales to individuals were better than sales to fleet buyers such as rental-car companies, which are far less profitable for automakers
82. GM Says it No Longer Needs Gov't Loan to go Green
- Friday, January 28, 2011
WASHINGTON (AP) – General Motors, in another sign of its progress since a government-led bankruptcy, said Thursday it is withdrawing its application for $14.4 billion in federal loans it had sought to help build more fuel-efficient cars.
83. US Auto Sales Rise in 2010, But Remain Below Highs
- Wednesday, January 05, 2011
DETROIT (AP) — U.S. auto sales sputtered back to life in 2010 and car companies expect them to keep climbing this year as the economy recovers and buyers grow more confident.
With sales of around 11.5 million new cars and trucks, 2010 was still the second-worst year in almost three decades, after 2009. And car companies are starting to wonder if they will ever reach the heights they saw in the early 2000s, when credit was cheap, incentives were rampant and sales topped 17 million.
84. November Auto Sales Show Industry in Recovery
- Friday, December 03, 2010
DETROIT (AP) – After a year of watching auto sales slowly increase month by month, industry executives are finally willing to firmly declare that the U.S. market is in recovery.
People who had been too afraid to make a big car purchase are finally coming back to dealerships, a little more confident that they won't lose their jobs. And that's reflected in November's auto sales figures: Industry sales were up 16.9 percent for the month compared with a year ago. Ford, General Motors, Chrysler, Honda, Nissan and Hyundai all posted double-digit gains.
85. Obama Promotes Auto Industry Success in Indiana
- Wednesday, November 24, 2010
KOKOMO, Ind. (AP) – President Barack Obama promoted the revival of the U.S. auto industry Tuesday, taking his pitch to the heart of the Rust Belt where a bruising economy has taken its toll on Democrats.
86. Automakers Report Stronger October US Sales
- Thursday, November 04, 2010
DETROIT (AP) – U.S. auto sales rose in October as buyers grew more confident in the economy and new models drew them into dealerships.
General Motors Co., which is preparing for an initial stock offering expected later this month, saw sales rise 3.5 percent in October. Last month is shaping up to one of the industry's best since August of 2009, when big government discounts spurred Americans to buy more cars and trucks.
87. Treasury Announces New Warrant Auctions
- Wednesday, September 08, 2010
WASHINGTON (AP) – The government said Tuesday it will auction warrants it received from two giant insurance companies as part of its efforts to recoup costs of the $700 billion financial bailout.
88. US Auto Sales Rise, Helped by Credit, Promotions
- Wednesday, August 04, 2010
DETROIT (AP) – Automakers posted higher U.S. sales last month, a sign that Americans are still willing to buy big-ticket items even though concerns linger about the economy and hiring.
After a sluggish June, sales rose slightly for General Motors Co. and Chrysler. Foreign-based companies such as Toyota and Honda posted bigger gains. Ford, meanwhile, had flat sales.
89. Obama Hails Auto Bailout as Good News in Michigan
- Monday, August 02, 2010
DETROIT (AP) – President Barack Obama on Friday heralded the recent turnaround for U.S. automakers, arguing that thousands of jobs and increased production vindicate his unpopular decision to bailout the industry.
90. Obama: We'll Get Back Money From Auto Bailout
- Friday, July 30, 2010
WASHINGTON (AP) – President Barack Obama says the government will recover all the taxpayer money used to bail out the auto industry last year.
In an interview on the ABC daytime talk show "The View," Obama said the auto industry "tells a good story" of his administration's efforts to rescue the economy. He plans to highlight that story with stops at three auto plants over the next several days, including two stops in Michigan on Friday.
91. Dim Retail Sales Hurt Economy as Fed Sees Weaknesses
- Thursday, July 15, 2010
WASHINGTON (AP) — A second straight month of declining retail spending will likely keep unemployment high and help weaken the recovery.
Not everyone is suffering, though. Shoppers with stable jobs and steady pay can find lots of bargains. The economy is bleaker for anyone seeking a job or at risk of losing one. Still, Americans as a group are spending less, and that threatens the pace of the recovery.
92. Ford Motor to Repay $4B More in Debt
- Thursday, July 01, 2010
DETROIT (AP) – Ford Motor Co., the only Detroit automaker to avoid bankruptcy protection, said Wednesday it will reduce its huge debt by another $4 billion as it continues to show signs of financial strength.
93. Geithner Sees US Taxpayer Recovery on Bailout
- Wednesday, June 23, 2010
WASHINGTON (AP) — Members of a watchdog panel on Tuesday pressed Treasury Secretary Timothy Geithner on looming losses for banks and foreclosure relief for struggling homeowners, as he assured them that U.S. taxpayers are recovering their investment from the $700 billion financial bailout.
94. Pickup Sales Picking Up and Economy Hitches a Ride
- Tuesday, June 15, 2010
NEW YORK (AP) - If you want a hint about the economic recovery, follow that truck.
Pickups are a kind of rugged indicator of the nation's financial health. When times are good, contractors buy more of them to carry tools around for landscaping and lumber to build homes. Weekend haulers also gravitate to them even though cars get better mileage.
95. Chrysler Recalls Almost 700,000 Jeeps, Minivans
- Tuesday, June 08, 2010
DETROIT (AP) — Chrysler is recalling almost 600,000 minivans and Jeep Wranglers in the United States and another 100,000 elsewhere because of brake or wiring problems that could create safety issues, the company and federal regulators said Monday.
96. Economy Adds 431K Jobs But Few in Private Sector
- Monday, June 07, 2010
WASHINGTON (AP) - Job creation by private companies grew at the slowest pace of the year in May, even while the hiring of temporary census workers drove overall payrolls up 431,000. The unemployment rate dipped to 9.7 percent as many people gave up searching for work.
97. First-Time Jobless Claims Drop for Second Week
- Friday, June 04, 2010
WASHINGTON (AP) - New claims for unemployment insurance fell for the second straight week, fresh evidence the job market is slowly improving.
And productivity grew at a slower rate in the first quarter of this year than previously thought, suggesting that businesses are reaching the limits of their ability to boost output with fewer workers. That implies they will need to hire more employees.
98. Lower Bailout Assumes Higher Stock Prices
- Monday, May 24, 2010
The U.S. Treasury Department indicated Friday it expects taxpayers will lose billions less from the financial bailouts than earlier estimated. The problem is, its revised forecast assumes Treasury's shares of bailed-out companies are gaining value despite the plunge in stock prices.
99. Treasury: Chrysler Has Made $1.9 Billion Repayment
- Tuesday, May 18, 2010
WASHINGTON (AP) — The Treasury Department said Monday it had received $1.9 billion from Chrysler to settle a $4 billion loan.
The department said that while the $1.9 billion repayment is less than the original loan, the amount is still more than Treasury had expected to recover.
100. CEO Sees Ford Continuing to Improve Into 2011
- Friday, May 14, 2010
WILMINGTON, Del. (AP) — Ford's chief executive told shareholders that the second-largest U.S. automaker will see "continuing improvement" into 2011 but wouldn't say when the company might reinstate a dividend.