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Suzuki showing signs of distress, scaling back U.S. operations
Mon, 16 Apr 2012Struggling Suzuki is shrinking in many ways. Insiders say the company is slashing marketing while sales and the dealer roster dwindle. The many signs of trouble: -- In a market up 13 percent through March, Suzuki was down 2 percent to just 6,561 sales.
Chrysler, Nissan and GM lead industry to 8 percent gain
Thu, 01 Sep 2011UPDATED--Chrysler Group, Nissan North America and General Motors led the industry to an 8 percent U.S. sales gain in August. The seasonally adjusted sales rate slipped to 12.13 million from July's 12.24 million as a stagnant economy, last week's U.S.
Hyundai explores pickup plans with Chrysler, report says
Tue, 11 May 2010Hyundai proposed plans to Chrysler earlier this year to work together on a truck derived from the Ram chassis for Hyundai, Reuters is reporting. Chrysler CEO Sergio Marchionne rejected the overture from the South Korean company, Reuters says, but it's possible Hyundai could make another offer. The move could allow Hyundai to tap into a lucrative part of the U.S.