DETROIT (Reuters) – General Motors Co’s (GM.N: Quote, Profile, Research, Stock Buzz) new Cadillac marketing chief believes it could take as long as a decade to build its reputation as a global luxury brand.
Uwe Ellinghaus, a former marketing executive with German luxury automaker BMW AG (BMWG.DE: Quote, Profile, Research, Stock Buzz), will assume his duties on January 1, but was introduced this week as the person responsible for shaping Cadillac’s image around the world.
DETROIT, Nov 7 (Reuters) – Tesla Motor Inc’s Model
S electric car has suffered its third fire in six weeks.
The Tesla Motors Club website is running pictures and a
story about another fire involving a Model S on Wednesday
afternoon that a company spokeswoman confirmed. The accident
occurred in Smyrna, Tennessee, where Nissan Motor Co
makes the Leaf electric car.
DETROIT, Nov 6 (Reuters) – Consumers who call to complain
about their General Motors Co car or truck should not be
surprised if they end up bending the ear of the fast-rising
executive in charge of putting a friendlier face on the U.S.
Less than two years removed from running a car assembly
plant, Alicia Boler-Davis, 44, is leading GM’s push to boost
vehicle quality and improve customer satisfaction as part of an
effort to increase sales.
DETROIT, Nov 5 (Reuters) – Delphi Automotive Plc
posted a stronger-than-expected quarterly profit on Tuesday on
strong demand in North America and Asia, and said the European
auto market was stabilizing, but its new full-year forecast
disappointed, sending its shares down 4.8 percent.
The auto parts maker narrowed the range of its full-year
profit forecast for this year, putting its outlook below Wall
DETROIT (Reuters) – The 16-day U.S. government shutdown in early October appeared to dampen consumers’ appetite for new cars, as seven of the top eight automakers reporting monthly sales on Friday missed analysts’ expectations.
Industry sales in October rose 10.6 percent to 1,208,036 vehicles, according to industry research firm Autodata. Analysts had expected a 12 percent increase.
DETROIT, Nov 1 (Reuters) – U.S. October auto sales for Ford
Motor Co and Chrysler Group LLC rose by
double-digits from a year earlier, but missed analysts’
Automakers reporting monthly sales on Friday were expected
by analysts to show a gain of 12 percent to about 1.22 million
vehicles, or 15.4 million vehicles on a seasonally adjusted