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Monday, Jan 5
'08 car sales plunge to 16-year low
For 2008, U.S. sales were down from the year before for Chrysler LLC by 30 percent, for General Motors Corp. by 28 percent, for Ford Motor Co. by 22 percent, for Toyota Motor Corp. by 15 percent, and for Honda Motor Co. by 8 percent. GM sold the fewest vehicles in its home market since 1959, and last yea...
Sunday, Jan 4
Toyota poised to jump past Chrysler as Canada's second largest automaker
Toyota said over the weekend that a preliminary tally shows the automaker sold more than 224,100 cars and trucks in Canada in 2008, an 11% increase over the year before. At that level, it will almost certainly widen the lead it built in the fall over Chrysler LLC and Ford Motor Co. and claim sec...
Friday, Jan 2
Chrysler has fewest recalls among Big Six automakers
Among the leading import brands, Toyota’s total went from 640,000 vehicles in 2007 to 833, 000 through Wednesday and Honda’s numbers climbed from 550,000 to 797,000. Nissan’s recalls declined from 1.3 million last year to 581,000 this year.
Monday, Dec 22
Toyota projects first operating loss since 1941
Watanabe vowed Toyota would grow so lean it would realize profitability even if its worldwide sales slid to as low as 7 million vehicles -- what he called the basic "bottom line" for Toyota. The problem is next year," said Mochimaru. "It's unmistakable that things are extremely tough for To...
Saturday, Dec 13
UAW workers' pay on par with Japanese competitors in U.S.
But based strictly on wages, the $28 an hour paid by Ford, Chrysler, and GM fall in line with their counterparts. Toyota says it pays about $30 an hour, while Honda pays $28.87, and Nissan pays an hourly rate of about $25 an hour. At the Jeep plant in Toledo, workers were concerned about the perce...
