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American Suzuki Motor receives bankruptcy court approval of up to $100M in Debtor-In-Possession (DIP) financing

Green Car Congress

American Suzuki Motor Corporation (ASMC) has received court approval for Debtor-In-Possession (DIP) financing. As previously announced, ASMC is continuing to market and sell its remaining US automobile inventory through its national network of automotive dealers. Earlier post.)

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Sumitomo to acquire 25% of Hay Holding GmbH from Musashi; expanding its automotive business

Green Car Congress

Hay is also price-competitive in its high-speed hot forging of transmission gears and other power train components, and expects to see significant future growth not only by continuing to serve a steadily growing European automobile market but also by capturing rising demand in the Chinese market.

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The Six People You Meet In the Car Business

The Truth About Cars

I spent 33 years in the automobile business, the equivalent of 96 human years. Having worked for car dealerships, manufacturers, an auction house, and an auto finance company, I’m convinced there is no other industry that attracts& such a diverse cast of characters. & These are their stories.

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Retail sales rise 27% to 2.20 million vehicles in April 2024 | Autocar Professional

Baua Electric

The Federation of Automobile Dealers Associations (FADA) today released April 2024 vehicle retail sales numbers for India Auto Inc. Honda Motorcycle & Scooter India did well too – 394,147 units and a handsome 61% growth on year-ago sales of 411,206 units. India Auto Inc has had a good start to the new fiscal year 2025.

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Retail sales rise 27% to 2.12 million vehicles in April 2024 | Autocar Professional

Baua Electric

The Federation of Automobile Dealers Associations (FADA) today released April 2024 vehicle retail sales numbers for India Auto Inc. Honda Motorcycle & Scooter India did well too – 394,147 units and a handsome 61% growth on year-ago sales of 411,206 units. India Auto Inc has had a good start to the new fiscal year 2025.

Sale 52
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FTC Launches “Combating Auto Retail Scams” Rule

The Truth About Cars

The CARS Rule establishes clear rules of the road that apply to all car dealers – meaning that consumers will be able to comparison shop based on truthful claims about price, financing, and service. This includes things like price, financing options, and fees. The new rules (if we can call them that) can be broken down into four parts.

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Chinese automakers bring hybrids and plug-ins to Detroit, Geneva auto shows

Green Car Congress

Guangzhou Automobile Group Co., —a partnership between Chery Automobile, China’s largest independent car manufacturer, and Israel Corporation—is bringing its Cross Hybrid Concept to the Geneva Motor Show in March. Guangzhou Automobile Group. Qoros Auto Co. GAC Group ranks No. Click to enlarge. Qoros Auto Co.

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