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0Report: Ford admits consumer shift toward small cars will eat into profits 1353094320
Big, expensive cars and trucks equal big profits. Small, inexpensive cars equal small profits. The mathematics in today's marketplace simply can't be argued, and the result, as buyers increasingly switch from trucks, truck-based 'utes and big family cars into smaller sedans and hatchbacks, is ...
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Report: BMW reports record profit margin, but Audi's is better 1331238600
It reported a record profit margin, but BMW still wasn't as profitable as its rival Audi. According to a report in Automotive News, BMW booked an 11.8-percent profit margin, up from eight percent last year. Audi, however, managed 12.1 percent. Both figures were calculated using the earnings ...
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REPORT: Marchionne thinks Chrysler could go public in 30 months 1248361080
Analysts have been wondering when Chrysler would go public, and new CEO Sergio Marchionne has an answer: not soon. Some have speculated that Chrysler shares would be available on the stock exchange by the end of 2010, but Automotive News is reporting that Marchionne is giving a timetable of "not ...
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GM's Plan: Small cars making a big profit 1216650480
GM currently owns about 13% of the small car market. With demand for small vehicles increasing with the price of black gold, GM is out to increase that market share. Nevertheless, even if it doesn't increase its share, it plans to make more money off of each small car sold. How? By raising the ...
