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Automakers

GM's New Cadillac To Be Built In GTA

CP | Posted 10.04.2011 | Canada Business
Read More: Automakers, Oshawa, Cadillac XTS, General Motors Canada, GM Canada, Auto Assembly Plants, Auto Manufacturers, Canada Business News

OSHAWA, Ont. - General Motors will invest $117 million to prepare its assembly plant in Oshawa, Ont. to build the new Cadillac XTS next year. The a...

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What Bad Economy? Mercedes Sales Hit Record For July

CP | Posted 10.03.2011 | Canada Business
Read More: Car Sales, Automakers, Daimler Sales, Mercedes Sales, BMW AG, Volkswagen AG, Auto Sales, Mercedes Benz, Auto Industry, Daimler AG, Canada Business News

FRANKFURT - Daimler AG says its Mercedes-Benz luxury car brand had its best July on record, increasing vehicle sales 2.7 per cent to 100,391. Sales...

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Bailout Repayment Pushes Chrysler Into The Red

CP | Tom Krisher, The Associated Press | Posted 09.24.2011 | Canada Business
Read More: Automakers, General Motors, Auto Bailout, Chrysler Bankruptcy, Chrysler, Sergio Marchionne Fiat, Chrysler Bankrupt, Fiat, Chrysler Bailout, Sergio Marchionne, Canada Business News

DETROIT - Chrysler retreated to a loss for the second quarter, but only because the expense of shedding its government debt erased what would have been a modest profit.

The company, just two years out of bankruptcy protection, maintained that there are healthy signs despite the loss. Its turnaround continues with a revamped lineup of cars and trucks that is drawing more customers to showrooms.

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