by deeperkins | May 2, 2017 | Uncategorized
The owner of a Texas Chrysler-Dodge-Jeep-Ram store destroyed in a tornado said he was surprised it took FCA three days to contact him. Source: Auto Feed
by deeperkins | May 2, 2017 | Uncategorized
Traders short selling Tesla’s soaring stock have lost $3.7 billion this year, eclipsing the combined losses of traders shorting Apple, Amazon.com and Netflix. Source: Auto Feed
by deeperkins | May 2, 2017 | Uncategorized
Sales of luxury vehicles slid 1.6 percent in April to 159,793, driven by big declines at the top three brands, with Mercedes expanding its lead over rivals BMW and Lexus. Source: Auto Feed
by deeperkins | May 2, 2017 | Uncategorized
Hyundai-Kia Group’s April sales slipped 1.9 percent to 116,408 vehicles, a decline that was better than the industrywide drop of 4.7 percent. Source: Auto Feed
by deeperkins | May 2, 2017 | Uncategorized
Tower International said its first quarter net income more than doubled as sales rose slightly and the company avoided major costs it faced during the same quarter last year. Source: Auto Feed
by deeperkins | May 2, 2017 | Uncategorized
Dana’s first-quarter net income rose 67 percent to $75 million on the strength of new business with automakers, greater demand for light trucks and improvement in various other business lines. Source: Auto Feed
