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China: auto sales growth slowing to 7% in 2014
2014-10-27 13:39:21| Auto Dealers - Topix.net
The chief of a Chinese auto industry body has predicted that the world's largest auto market - China - could face a slowing sales increase this year because of an equally dwindling overall economy. According to Dong Yang, secretary general of the China Association of Automobile Manufacturers , who was speaking to reporters on the sidelines of an industry gathering in Shanghai, the delivery increase would be of 7% in 2014, a 50% drop from the figure registered last year.
Auto News: New Trucks Hurt Ford Profits, Jeep Says Wrangler Won't Be Watered Down
2014-10-27 01:19:46| Automakers - Topix.net
The massive changes needed to Ford's truck factories in order to produce the new F-150 meant that the current F-150, shown, was in short supply last quarter. That hurt Ford's bottom line.
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2014-10-26 14:49:42| Auto Dealers - Topix.net
Auto AUTO SALES -HIRING FAIR - Start Your New Career...No Experience Needed...We Will Train You the Right Way to Sell Cars! The BOB ROHRMAN AUTO GROUP is not only the Midwest's #1 volume family-owned auto group, we're also an industry leader in ethical sales. We're looking for 10 to 20 good men & women to join our staff of sales professionals.
Central Trade and Auto announces the opening of the submission window for the Lexus Design Award
2014-10-26 11:09:32| Auto Dealers - Topix.net
Central Trade & Auto , the exclusive dealer for Lexus in the Kingdom, recently announced the opening the submission window for its renowned global creative design contest, the Lexus Design Award, which will remain open until November 3, 2014. Lexus Design Award challenges designers from across the world to solve pertinent issues through design.
GM Financial subpoenaed as subprime auto probe widens
2014-10-25 13:17:02| Automakers - Topix.net
Investigations of the subprime auto finance business are spreading as General Motors said its lending arm received additional subpoenas seeking details of its underwriting practices. GM Financial, which specializes in loans to people with spotty credit, said in a regulatory filing Thursday that attorneys general of states it didn't identify and other government offices are demanding documents related to its business of making car loans and pooling them into bonds that are sold to investors.
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