Things looking up a bit in North America
US: US market SAAR of 12.2m for August forecast
New vehicle retail sales in August are forecast by JD Power to cross the 1m-unit mark for the first time…
US: GM ups NA production and expects 1,350 new hires
In a further sign of improving prospects for sales in the US market, General Motors has announced that it is…
US: Kia announces Sorento CUV for US plant
Kia says the first vehicle at its US plant will be the all-new 2011 model year Sorento CUV, which is…
US: Fiat/Chrysler planning 500 production for Mexico – report
Chrysler and Fiat are reportedly devising plans to produce the Fiat 500 at a Chrysler plant in Mexico. The Wall…
US: ‘Auto Affordability’ near index best – Comerica
The purchase of an average-priced new vehicle in the US took 22.1 weeks of median family income in the second…
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US: Ford hikes Q3 and Q4 NA production schedules
Ford has announced that it is increasing North American production by another 10,000 units to 495,000 units in the third…
US: GM says 13.5m LV market ‘achievable’ in 2010
Mark LeNeve has said that US light vehicle sales next year could reach 13.5m units. The remarks follow on from…
US: US car market poised for ‘strong rebound’ – Morgan Stanley
According to analyst Adam Jonas of investment bank Morgan Stanley, the US car market has already bottomed and now looks…
US: Senate OKs $2bn more for ‘cash for clunkers’
The US Senate last night approved and sent to the president for signing into law a US$2bn boost for the…