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Detroit mayor tours setup for auto show, highlights positive changes since city's bankruptcy

2015-01-09 00:30:02| Auto Dealers - Topix.net

Out of the largest municipal bankruptcy in U.S. history, Detroit's moves toward revitalization appear to be revving up as the eyes of the world turn to the city during the North American International Auto Show. "It's really exciting in Detroit right now," Mayor Mike Duggan said Thursday during a tour of the Cobo Center convention hall as workers constructed extravagant displays for the newest car and truck models.

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GM Ceo Sees U.S. Auto Market Flattening

2015-01-09 00:25:40| Automakers - Topix.net

General Motors Co Chief Executive Officer Mary Barra said she expected the U.S. auto market to flatten out this year, although growth is possible because of the strong economy and falling gasoline prices. Barra said on Thursday that the No.

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Schnitzer Steel cutting auto parts headcount

2015-01-08 22:29:54| Steel - Topix.net

Schnitzer Steel Industries, led by CEO Tamara Lundgren, will cut its auto parts headcount by 4 percent as part of a productivity initiative. Schnitzer Steel Industries will cut the headcount in its auto parts business by 4 percent as it doubles down on a productivity initiative that has yielded $7 million in operational savings.

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Advance Auto Parts (AAP) Stock Upgraded Today at Deutsche Bank

2015-01-08 16:20:22| Auto Parts - Topix.net

The firm said it raised its rating on the retailer of automotive aftermarket parts, accessories, batteries, and maintenance products, as it believes auto part sales will benefit from reduced gas prices. Deutsche Bank said that it feels Advance Auto Parts will "be able to drive higher than expected synergies from its general parts integration."

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Auto dealerships change hands in Manchester, Bennington

2015-01-08 05:46:11| Auto Dealers - Topix.net

BENNINGTON >> A local car dealership is being purchased by a man who already owns one in Manchester, and has plans to expand. Harold Reilly, general manager at Langway Chevrolet, Cadillac, and Volkswagen of Manchester, formerly known as Hand Motors, said James Langway expects to finalize the purchase of Nemer Nissan Chevrolet Cadillac and Buick on Performance Drive in Bennington on Thursday.

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