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Clunkers records $2.88 billion in rebates
Wed, 26 Aug 2009Dealers submitted a total of 690,114 cash-for-clunkers deals for $2.88 billion in rebates by last night's 8 p.m. deadline, coming in under the $3 billion budget for the popular program, the U.S. Transportation Department said today.
Lincoln future products: Seven new or improved vehicles by 2014
Tue, 30 Aug 2011Lincoln will have seven new or improved products by 2014, Ford Motor Co. has promised Lincoln dealers. Ford's global product chief, Derrick Kuzak, has said Ford will show some new or refreshed Lincoln products this year.
Saab targets customers' hearts, brains and wallets in North America
Fri, 08 Jul 2011Saab executives said they're optimistic the struggling brand will be able to attract customers despite production stoppages at the company's Trollhaettan, Sweden, plant and cash flow problems. The Swedish automaker aims to target consumers and instill confidence with a grass-roots marketing campaign that focuses on the "heart, brain and wallet," Saab Cars North America President Tim Colbeck told reporters at Saab's North American headquarters in suburban Detroit on Thursday. Colbeck said the company must move away from selling vehicles based on price and focus more on making customers enthusiastic about driving Saab's vehicles.