Editorial Results (free)
1. Positive Absorption Streak Continues in Industrial Market
- Tuesday, October 3, 2017
For the 17th straight quarter, the Memphis area industrial market continued its positive absorption streak, as it wrapped up Q3 2017 with more than 800,000 square feet of positive net absorption, according to commercial real estate brokerage firm CBRE’s Memphis Industrial MarketView Report.
2. Haslam Wants Tennessee to Land New Toyota-Mazda Plant
- Wednesday, August 9, 2017
NASHVILLE, Tenn. (AP) – Gov. Bill Haslam says he is making the case for Japanese automakers Toyota Motor Corp. and Mazda Motor Corp. to build a new assembly plant in Tennessee.
3. Toyota, Mazda Plan $1.6 Billion US Plant, to Partner in EVs
- Monday, August 7, 2017
TOKYO (AP) – Japanese automakers Toyota Motor Corp. and Mazda Motor Corp. plan to spend $1.6 billion to jointly build auto manufacturing plant in the U.S. – a move that will create up to 4,000 jobs, both sides said Friday.
4. Summertime Blues: Car Sales Head for 7th Straight Down Month
- Wednesday, August 2, 2017
DETROIT (AP) – U.S. sales of new cars and trucks showed declines in July as automakers cut back on low-profit rental car sales and consumers waited for Labor Day deals.
July was likely the seventh straight month of lower sales. Analysts have been predicting lower U.S. sales this year as demand levels out after an unprecedented seven straight years of growth.
5. As Mississippi Vote Nears, Labor Board Says Nissan Broke Law
- Tuesday, August 1, 2017
JACKSON, Miss. (AP) – With a union election scheduled this week, the National Labor Relations Board is again charging that Nissan Motor Co. violated workers' rights at its Mississippi plant.
6. UAW, Nissan Pressing High-Stakes Campaign for Worker Votes
- Monday, July 24, 2017
CANTON, Miss. (AP) — The United Auto Workers faces a strong anti-union campaign from Nissan Motor Co. as it tries to gain a foothold in the union-averse South by organizing workers at the Japanese automaker's Mississippi plant.
7. Aug. 3-4 Set for Vote to Decide Union at Miss. Nissan Plant
- Tuesday, July 18, 2017
JACKSON, Miss. (AP) – Workers at Nissan Motor Co.'s Mississippi plant will decide on Aug. 3 and 4 whether the United Auto Workers will represent them.
8. Rally Starts Union Push at Nissan Motor Plant in Mississippi
- Wednesday, July 12, 2017
CANTON, Miss. (AP) – Union supporters at a Nissan Motor Co. plant in Mississippi say United Auto Workers representation would increase their voice in workplace matters.
9. Cyberattack Wave Ebbs, But Experts See Risk of More
- Tuesday, May 16, 2017
LONDON (AP) – The "ransomware" cyberattack that has hit companies and governments around the world ebbed in intensity on Monday, though experts warned that new versions of the virus could emerge.
10. Nissan Faces More Labor Law Charges at Mississippi Plant
- Wednesday, April 12, 2017
JACKSON, Miss. (AP) – Federal labor regulators have added to charges to a complaint that Nissan Motor Co. and a contract worker agency at Nissan's Mississippi plant have violated workers' rights.
11. Nissan Declines Talks With Union After Mississippi Rally
- Friday, March 24, 2017
JACKSON, Miss. (AP) – Nissan Motor Co. is declining to talk to union supporters about conditions at its Mississippi assembly plant.
12. US Auto Sales Near Record Highs in 2016
- Thursday, January 5, 2017
DETROIT (AP) – Demand may be slowing, but U.S. consumers still bought a whole lot of cars and trucks in 2016.
U.S. sales of new vehicles – which set a record of 17.47 million in 2015 – could hit a new high in 2016. Consulting firm LMC Automotive and car-buying site Edmunds.com each predict sales will squeak past the previous record and reach 17.5 million in 2016.
13. Black Friday Deals Helped Lift US Auto Sales in November
- Friday, December 2, 2016
DETROIT (AP) – Black Friday deals and postelection confidence helped pull November U.S. auto sales out of their recent slump – and increased the chances that 2016 could set a record for new vehicle sales.
14. October US Sales Fall as Auto Boom Slows
- Wednesday, November 2, 2016
DETROIT (AP) – It's a chilly autumn for U.S. auto sales. Sales of new cars and trucks were expected to fall in October as consumer demand wanes. J.D. Power and LMC Automotive expect total October sales to fall by just over 7 percent, with retail sales to individual customers dropping 8 percent.
15. Automakers Report Mixed US Sales Results in September
- Tuesday, October 4, 2016
DETROIT (AP) – Automakers reported mixed U.S. sales results in September as demand for new cars and trucks sputtered.
Nissan's sales rose 4.9 percent over last September and Toyota's were up 1.5 percent. General Motors' and Honda's sales were flat, Fiat Chrysler's fell 1 percent and Ford and Volkswagen both reported 8-percent declines.
16. Self-Driving Car Race Sees Flurry of Partnerships
- Friday, August 19, 2016
Uber announced Thursday that it will partner with Volvo to make autonomous vehicles. The tie-up is the latest between automakers and tech companies hoping to speed driverless cars to market. Here's a rundown of who's working with whom:
17. US Auto Sales Expected to Hit Record in First 6 Months
- Tuesday, July 5, 2016
DETROIT (AP) – U.S. auto sales may be slowing, but they're still expected to set a record in the first six months of this year.
Sales through June were expected to be up 2 percent over last year to 8.66 million, according to Kelley Blue Book.
18. Robots Are Taking Tennessee’s Jobs
- Saturday, April 23, 2016
MTSU student Nathan Simpkins found the perfect major when the university started its mechatronics engineering program in 2013, a pursuit practically guaranteeing him a high-paying job in an increasingly automated manufacturing industry.
19. March Is a Good Month to Find Deals on Japanese Cars
- Thursday, March 24, 2016
DETROIT (AP) – If you're in the market for a Japanese car, March is a good time to buy.
Unlike U.S., European and Korean automakers, which end their financial year on Dec. 31, Japanese companies such as Toyota Motor Corp. and Honda Motor Co. close their books on March 31. In order to hit their annual sales targets, Japanese automakers usually ramp up the promotions and deals in March.
20. Rocky Top In Nashville: Good For City, Bad For Vols
- Saturday, September 5, 2015
I can’t help but get fired up for a college football game between Tennessee and Virginia Tech in front of 150,000 people at Bristol Motor Speedway.
21. Small, Midsize SUVs Drive April Auto Sales Gains
- Monday, May 4, 2015
Hot sales of small and midsize SUVs drove auto sales higher last month as General Motors, Ford, Toyota, Fiat Chrysler and Nissan all reported U.S. sales gains.
Several of the companies reported their best April totals in years. Overall, sales were mostly in line with analysts’ predictions of a 6 percent increase compared with a year ago. All automakers were scheduled to report sales on Friday.
22. Nissan to Build $160 Million Supplier Park at Tennessee Plant
- Thursday, March 19, 2015
NASHVILLE, Tenn. (AP) – Nissan Motor Co. announced plans Tuesday to build a new $160 million supplier park at its Tennessee assembly plant that the Japanese automaker projects to attract more than 1,000 jobs.
23. Haslam Wary of Gas Tax Hike
- Friday, February 20, 2015
Despite low gas prices, a backlog on road projects and prevailing winds for fuel-tax reform, Gov. Bill Haslam is pulling back from a gas-tax increase this session.
After floating the possibility of raising the tax in December, the Republican governor appears to be changing course, in part because of his loss in a Senate committee on Insure Tennessee, the Medicaid expansion alternative that failed to make debate in the full House or Senate.
24. Hitting the Accelerator
- Saturday, January 17, 2015
Five years after the Great Recession rocked the nation and nearly destroyed auto manufacturing in Tennessee, the Midstate’s industry is booming again.
Nissan’s growth is no small part of that, largely because of the company’s confidence in the state of Tennessee and Gov. Bill Haslam, according to José Muñoz, executive vice president of Nissan Motor Co. and chairman of Nissan North America, which is headquartered in Franklin.
25. Nissan Pledges Further Expansion of Mississippi Plant
- Thursday, November 6, 2014
CANTON, Miss. (AP) – Nissan Motor Co. says it wants to produce 507,000 vehicles a year at its Mississippi plant by 2017, an expansion that would add about 1,000 employees to the current 6,300 workers at the complex.
26. Senators Ask Government for Nationwide Air Bag Recall
- Friday, October 24, 2014
DETROIT (AP) — Two U.S. senators are calling on regulators to issue a nationwide recall of cars with faulty air bags made by Takata Corp., questioning why automakers have been allowed to limit recalls to only certain locations with high humidity.
27. Hiring to Push Mississippi Nissan Employment Over 6,000
- Friday, May 30, 2014
JACKSON, Miss. (AP) – A Nissan Motor Co. contractor has begun seeking applicants for 500 workers as part of the automaker's buildup to begin producing a new model in Mississippi.
28. Automakers Post Big October Gains
- Saturday, November 9, 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.
29. Automakers Post Big October Gains
- Monday, November 4, 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.
30. Hester Builds Know-How in Commercial Construction
- Friday, August 16, 2013
Len Hester is a project manager for Grinder Haizlip Construction Co., a general contractor that specializes in industrial and commercial projects and has worked on high-profile projects such as the Wright Medical Technology Inc. headquarters in Arlington, New Ballet Ensemble, the Grizzlies Sportsplex and the renovation of Memphis Theological Seminary.
31. US Auto Sales See Big Gains in May
- Tuesday, June 4, 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.
32. Union Backers Say Nissan Threatens Plant Closure
- Thursday, January 31, 2013
JACKSON, Miss. (AP) – Pro-union workers said Tuesday that Nissan Motor Co. has threatened to close its Canton assembly plant if workers vote for the United Auto Workers to represent them, though the company denies such threats.
33. Nissan to Add Shift, 800 Jobs at Tennessee Plant
- Monday, October 22, 2012
Japanese automaker Nissan Motor Co. announced Friday it will add a third shift at a vehicle assembly plant in Tennessee, adding more than 800 jobs.
34. General Motors' Stock Rise Surprises Industry
- Monday, October 1, 2012
DETROIT (AP) – Surprise! The top-performing stock among automakers in the U.S. this quarter is General Motors.
The company, which endured management upheaval during the quarter and announced that it would lose substantial cash in Europe, saw its shares rise almost 18 percent from July through late September. The gain was the best since the first quarter of this year, when the stock climbed about 23 percent. GM posted strong profits in that period.
35. Carmakers Report Strong June Sales, Easing Worries
- Wednesday, July 4, 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.
36. Auto Sales Surge in March, Led by Small Cars
- Wednesday, April 4, 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.
37. Big Sales for Small Cars in February
- Friday, March 2, 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.
38. US Auto Sales Rise in January, Led by Chrysler, VW
- Thursday, February 2, 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.
39. 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.
40. Subaru, Honda Recall Vehicles Due to Brake Issues
- Tuesday, December 6, 2011
DETROIT (AP) – Subaru of America is recalling three of its car models and Honda Motor Co. is recalling some motorcycles, all because the brakes can malfunction.
41. US Auto Sales Look Strong in November
- Friday, December 2, 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.
42. Toyota Celebrates Production Start at New US Plant
- Friday, November 18, 2011
BLUE SPRINGS, Miss. (AP) – Toyota celebrated the start of Corolla production at its newest U.S. auto plant Thursday after a lengthy delay that the car maker blamed on a weak economy.
The ceremony formally marked the start of production last month, almost five years after Toyota Motor Corp. announced in February 2007 that it would build a sprawling facility in Blue Springs, a tiny town in the sparsely populated hills of north Mississippi.
43. Trucks, SUVs Power Strong Auto Sales in October
- Wednesday, November 2, 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.
44. Nissan North America Renews Lease In SE Shelby
- Friday, October 28, 2011
Nissan North America Inc. has renewed its 413,000-square-foot lease in Southeast Shelby County.
45. US Auto Sales Up in September on Big Trucks
- Tuesday, October 4, 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.
46. 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.
47. Car Dealers Fear Economy Could Scare Off Buyers
- Friday, August 19, 2011
STERLING HEIGHTS, Mich. (AP) – Jeff Swanson was in the market for a new car just a few weeks ago. Then the stock market went crazy.
So Swanson, 25, decided to keep his 10-year-old Pontiac Grand Prix for at least another year. Gyrations in stocks and talk of a weakening economy rattled Swanson's confidence about taking on another payment, even though his new job running a home for mentally disabled people seems to be secure.
48. July Another Weak Month for US Auto Sales
- Tuesday, August 2, 2011
DETROIT (AP) – Car shoppers worried about the U.S. economy last month and that kept sales in a funk.
U.S. sales of new cars and light trucks are expected to rise only slightly in July. The weak economy and high sticker prices kept Americans from buying more. Automakers are scheduled to report last month's sales on Tuesday.
49. US Malaise, Debt Stalemate Shake Allies Globally
- Monday, August 1, 2011
BEIJING (AP) — America's debt crisis and economic malaise are shaking confidence in its global leadership.
Many governments see Washington's paralysis as political theater ahead of a presidential election and wonder how American hardliners can be allowed to hold up a deal and bring a globalized economy to the brink.
50. Charging Ahead
- Monday, July 11, 2011
A row of four electrical outlets with cords in the Peabody Place garage Downtown are a first for the city’s hospitality industry and retailers in general – charging stations for electric vehicles.
51. Factory Orders Increase
- Wednesday, July 6, 2011
WASHINGTON (AP) – Businesses requested more airplanes, autos and oil drilling equipment in May. The jump in factory orders after a sluggish spring suggests supply disruptions stemming from the Japan crisis are fading.
52. GM, Ford June Sales Rise, Honda Falls
- Monday, July 4, 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.
53. 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.
54. US Auto Sales Cooled in May Due to Shortages
- Thursday, June 2, 2011
DETROIT (AP) – U.S. auto sales cooled off in May as dealers started running short on some popular, fuel-efficient models and buyers were turned off by sharply lower incentives.
Deals aren't likely to come back until the end of this summer. Some experts are advising people to delay their purchases if they can.
55. Fewer People Sought Unemployment Aid Last Week
- Friday, April 22, 2011
WASHINGTON (AP) – Fewer people applied for unemployment benefits last week, resuming a downward trend that signals stronger job growth ahead.
Applications for unemployment benefits fell to a seasonally adjusted 403,000 in the week ending April 16, the Labor Department said Thursday. The decline partially reversed a jump in applications from the previous week, which economists said was largely the result of a seasonal quirk.
56. 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.
57. Auto Sales Up on Jobs Outlook, Fuel-Efficient Cars
- Monday, April 4, 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.
58. GM Leads Auto Sales Jump With 49 Percent Increase
- Wednesday, March 2, 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.
59. GM, Chrysler, Kia Report Big Jan. US Sales Gains
- Wednesday, February 2, 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
60. 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.
61. US Auto Sales Rise in 2010, But Remain Below Highs
- Wednesday, January 5, 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.
62. Gov't Looking at 62 mpg Goal for 2025 Autos
- Monday, October 4, 2010
WASHINGTON (AP) – The new cars and trucks sold in 2025 may be required to average 62 miles per gallon as a group, far surpassing the fuel efficiency of current high-mileage stars like the Toyota Prius and Honda Civic hybrids.
63. GM CEO: Repayment of Bailout Could Take Years
- Friday, September 17, 2010
DETROIT (AP) — It will take a couple of years for taxpayers to get back the billions they spent bailing out General Motors, but the company has a goal of returning the money, GM's new CEO said Thursday.
64. US Auto Sales Rise, Helped by Credit, Promotions
- Wednesday, August 4, 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.
65. Nissan Recalls 51,100 Hatchbacks Over Fuel Spills
- Tuesday, July 27, 2010
WASHINGTON (AP) — Nissan is recalling 51,100 of its Cube hatchbacks in the United States and Canada because of possible problems with fuel spilling during rear end collisions.
In documents filed with the National Highway Traffic Safety Administration, Nissan Motor Co. said Monday tests conducted by NHTSA safety regulators found more fuel spilled than federal standards allow. The spillage occurred during rear end crash tests at 50 miles per hour where the vehicle also spun onto its side.
66. Northeast Miss. Waits for Toyota to Deliver on Promises
- Tuesday, December 1, 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.
67. Bredesen Says China Trip Has Green Energy Focus
- Wednesday, October 28, 2009
NASHVILLE, Tenn. (AP) - The renewable energy sector has been among the most promising areas of discussion while on a trade mission to China, Tennessee Gov. Phil Bredesen said Tuesday.
Bredesen said in a conference call from Hong Kong that the trip has been highlighted by visits to Shaanxi and Zhejiang provinces and meetings with their governors and business officials. Both provinces are larger than California, Bredesen said.
68. Cash for Clunkers Generates 700,000 New Car Sales
- Thursday, August 27, 2009
WASHINGTON (AP) – Cash for Clunkers generated nearly 700,000 new car sales and ended under its $3 billion budget, the Transportation Department reported Wednesday.
Releasing final data, the government said dealers submitted 690,114 vouchers totaling $2.88 billion. New car sales through the program ended late Monday, and dealers were allowed to submit paperwork to the government until late Tuesday.
69. Survey Shows US Automakers Making Improvements
- Wednesday, August 19, 2009
NEW YORK (AP) - All three U.S.-based automakers are doing a better job of satisfying their customers than they were a year ago, according to a recent survey.
General Motors Co., Ford Motor Co. and Chrysler Group LLC all posted significant gains in this year's American Customer Satisfaction Index released Tuesday by the University of Michigan.
70. Nissan’s Tenn. Plant Cited for Energy Efficiency
- Tuesday, July 28, 2009
SMYRNA, Tenn. (AP) - Nissan's automotive manufacturing plant southeast of Nashville has been honored by the Environmental Protection Agency for energy efficiency.
The Smyrna plant won the Energy Star award for 2008. The award recognizes superior energy-efficient operations that have cut pollution, lowered energy consumption and reduced costs.
71. Ford, Nissan, Tesla's Electric Plans Get $8B Jolt
- Wednesday, June 24, 2009
DEARBORN, Mich. (AP) - Cultivating the next generation of fuel-efficient vehicles, the Obama administration said Tuesday it would lend $5.9 billion to Ford Motor Co. and about $2.1 billion to Nissan Motor Co. and Tesla Motors Inc. in a government-industry partnership to build green cars.
72. Nissan Expands Miss. Plant for Commercial Vehicles
- Thursday, March 5, 2009
CANTON, Miss. (AP) - Nissan Motor Co. will invest $118 million to retool its Mississippi auto plant to produce its first commercial vehicle made in the United States.
73. Toyota Cutting US Execs' Pay, Offering Buyouts
- Monday, February 16, 2009
NEW YORK (AP) - Toyota Motor Corp. is reacting to the slump in U.S. auto sales by further cutting North American production, slashing executives' compensation up to 30 percent and offering buyouts to about 18,000 workers.
74. Corker Says No Regrets Voting Against Auto Bailout
- Wednesday, January 14, 2009
DETROIT (AP) - U.S. Sen. Bob Corker said Tuesday he doesn't regret voting against a bailout for General Motors Corp. and Chrysler LLC last month because he and other Republicans had a plan to help the carmakers succeed.
75. US Auto Sales Drop in 2008, Recovery Unclear
- Wednesday, January 7, 2009
DETROIT (AP) - After a year in which U.S. auto sales tumbled 18 percent and GM had its worst year in nearly a half-century amid slack demand fueled by a terrible economic outlook and growing job worries, automakers are reluctant to predict when a recovery might occur.
76. 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.
77. Detroit Automakers Await Deal on Auto Loans
- Tuesday, December 16, 2008
ABOARD AIR FORCE ONE (AP) - Detroit automakers got public reassurance Monday from President George W. Bush that short-term government help for the industry is in the works and could come soon.
78. White House Readies New Rescue for Auto Industry
- Monday, December 15, 2008
WASHINGTON (AP) - With Congress gridlocked and the economy flailing, the Bush administration declared Friday it would step in and prevent the "precipitous collapse" of the U.S. auto industry and the disastrous economic impact of the hundreds of thousands of job losses sure to follow.
79. Hill Opposition Jeopardizes Auto Industry Rescue
- Friday, December 12, 2008
WASHINGTON (AP) - Prospects for a $14 billion auto industry rescue bill dimmed Thursday amid growing opposition in both parties and despite urgent appeals by both President-elect Barack Obama and President George W. Bush.
80. UAW: Corker Risking 110,000 Jobs in Tennessee
- Friday, December 12, 2008
CHATTANOOGA, Tenn. (AP) - A UAW local president at the General Motors plant in Spring Hill said Republican U.S. Sen. Bob Corker is "playing politics with 110,000 jobs" in his home state by opposing the auto industry rescue package.
81. Ghosn Says Auto Industry Consolidation Likely
- Thursday, November 20, 2008
LOS ANGELES (AP) - Nissan Motor Co. and Renault SA Chief Executive Carlos Ghosn said Wednesday that he expects the current crisis in the auto industry will soon lead some carmakers to consolidate.
82. Factory Orders Drop More Than Expected
- Wednesday, November 5, 2008
Factory orders dropped for the second straight month in September as businesses cut back on purchases of steel, computers and other equipment amid the economic downturn, the government reported Tuesday.
83. GM Oct. Sales Fall Nearly Half; Ford Drops 30 Pct
- Tuesday, November 4, 2008
DETROIT (AP) – General Motors' October U.S. sales plunged 45 percent and Ford's dropped 30 percent, as low consumer confidence and tight credit combined to scare customers away from showrooms.
84. Auto Industry Girds for Another Weak Sales Month
- Monday, November 3, 2008
NEW YORK (AP) - The auto industry is preparing to report yet another month of rapidly slowing sales – possibly the worst in decades – as the same toxic combination of the credit crunch and the careening economy continue to keep consumers away from dealerships.
85. Nissan: 'Good Response' to Tenn. Worker Buyouts
- Monday, September 15, 2008
CHATTANOOGA, Tenn. (AP) - A Nissan spokesman reported a "good response" to an employee buyout offer expiring Friday, but declined to say how many employees are taking the money.
Nissan North America Inc. spokesman Steve Parrett said Friday that the number of employees accepting the offer would likely be revealed sometime later.
86. August Auto Sales Fall; Some Say Worst May be Over
- Friday, September 5, 2008
DETROIT (AP) - Nearly every major automaker saw its U.S. sales drop in August, but many are seeing signs that the worst slump in recent history may have bottomed out.
Most upbeat were executives from General Motors Corp., which posted a 20.3 percent sales decline from a year ago but a 31 percent improvement over July's dismal totals.
87. GM Posts $15.5B 2Q Loss, Third Worst in its History
- Tuesday, August 5, 2008
DETROIT (AP) - With another huge quarterly loss now in its rearview mirror, General Motors Corp. faces the ominous task of raising revenue by selling cars rather than trucks.
But even with plans to boost production of its hot-selling fuel-efficient models and cut output of unpopular trucks and sport utility vehicles, the company is running short on time if it keeps burning through more than $1 billion in cash every month.
88. Nissan Offering Buyouts to Tennessee Employees
- Friday, August 1, 2008
NASHVILLE, Tenn. (AP) - Nissan North America Inc. said Wednesday it will offer buyouts to about 6,000 employees at the company's two Tennessee plants and eliminate a night shift at one plant because rising fuel prices and the economic downturn have slowed sales of trucks and sport utility vehicles.
89. Volkswagen Selects Tennessee for US Auto Plant
- Wednesday, July 16, 2008
CHATTANOOGA (AP) - Volkswagen picked Chattanooga over rival sites in two other states for a new U.S. assembly plant expected to create about 2,000 jobs.
Volkswagen Group of America Inc. will produce a new midsize sedan designed specifically for the North American consumer and invest $1 billion in the economy, the company has announced.
90. June Car Sales Plummet; More Declines Expected
- Thursday, July 3, 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.
91. Toyota Chooses TupeloFor Site of New Plant
- Wednesday, February 28, 2007
Toyota Motor Corp. announced Tuesday it had chosen Mississippi for a $1.3 billion sports utility vehicle manufacturing plant. The new plant will employ 2,000 people and will create 2,000 construction jobs.
92. Memphis' Relationship With Japanese Doesn't Stop With Prime Minister
- Friday, August 18, 2006
When the Japanese Prime Minister recently crooned a bar of "I want you, I need you, I love you" to Lisa Marie Presley in an impromptu serenade in Graceland's Jungle Room, the whole world saw it the next day.
93. Archived Article: Benchmark
- Thursday, February 27, 2003
Judge duct tapes defendant's mouth
Judge duct tapes defendant's mouth
A Lubbock, Texas, judge ordered a defendant's mouth to be taped shut after the man kept interrupting his lawyer and the judge during an aggravated assault trial.
94. Archived Article: Law Briefs
- Thursday, August 16, 2001
Five Memphis law firms were included in Corporate Board Member magazines inaugural survey of the best corporate law firms and Five Memphis law firms were included in Corporate Board Member magazines inaugural survey of the best corporate law firms a...
95. Archived Article: Marketplace
- Monday, October 4, 1999
Tennessee Basks in Global Spotlight Tennessee Basks in Global Spotlight By: Sharon H. Fitzgerald Special to The Daily News You wouldn't buy a house without seeing it first. The same logic applies when luring business and industry to your state. It p...
96. Archived Article: Tn Program
- Tuesday, October 6, 1998
State launches products campaign State launches products campaign The Tennessee Department of Economic and Community Development has announced the kick-off of the Tennessee Sounds Good to Me products campaign. "Our goal over the next year is to...
97. Archived Article: Benchmark
- Thursday, January 8, 1998
Antavio Brigance and Myra Washington-Brigance vs Antavio Brigance and Myra Washington-Brigance vs. Bluff City Nissan Inc., Jerry Hughes and Bond Smith. A Memphis couple is suing a local car dealership over the purchase of a 1995 Nissan Pathfinder on...
98. Archived Article: Desoto Ind Update Lj
- Tuesday, June 25, 1996
lj 10/5 cates American National Can one of several expansions in Olive Branch By LAURIE JOHNSON The Daily News City officials often brag about new companies coming to the area, but in Olive Branch, Miss., officials are also crowing about the number ...
99. Archived Article: N. Miss Lj
- Wednesday, March 6, 1996
lj 10/5 cates Olive Branch sets housing record By LAURIE JOHNSON The Daily News As Olive Branch goes, so goes DeSoto County at least in housing. For the past six years the city has been a local bellwether, topping each years previous record for sing...
100. Archived Article: Manu. Employ
- Friday, January 26, 1996
1/26 jts manu. employ. Manufacturing work force in stasis Medical manufacturing By JAMES SNYDER The Daily News Memphis manufacturing employers appear to be stuck somewhere along the space-time continuum. Between 1980 and 1995, Memphis manufac...