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Jeep Leads The Way For Chrysler's Best May In 7 Years
Tuesday, June 3, 2014 - 9:50am | 215Auto stocks are trending higher Tuesday morning after Chrysler (OTC: FIATY) announced better-than-expected sales results. Chrysler’s sales are up 17 percent year-over-year for the month of May (194,421 units); this is the strongest May the firm has seen since 2007. Chrysler has seen 50...
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Why You Should Buy An American Car
Tuesday, May 27, 2014 - 3:59pm | 897The traditional argument for buying an American-made automobile has been patriotic. Support your country and its workers by buying a vehicle made here. That argument, as Bloomberg noted, plays strongly on a sense of nationalism and the notion that some industries like the Detroit-based...
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Detroit's Big Three Auto Makers Report March Sales
Tuesday, April 1, 2014 - 5:00pm | 900On the first day of each month, major auto manufacturers report their previous month's total sales. The data is closely monitored by both investors and auto enthusiasts to keep up with the most up to date information on how the manufacturers are performing in a tough economic environment that...
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Auto Makers Post Mixed February Sales
Monday, March 3, 2014 - 5:33pm | 914In January, harsh weather climates were being blamed for poor auto sales that hammered the Midwest and Northeast regions several times during the month. The auto makers remained optimistic that declining sales are a temporary phenomenon and remained optimistic that consumers will show up to...
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January's Auto Sales Data A Mix Of Good And Bad
Monday, February 3, 2014 - 1:42pm | 763Major manufacturers January U.S. sales data were released on Monday. General Motors: Consensus miss General Motors (NYSE: GM) reported that its U.S. sales fell 12 percent to 171,000 vehicles in January. The consensus estimate was looking for a 2.5 percent falloff. Retail sales fell 10 percent...
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These 13 American Cars Released After the Bailout Are the Most Important
Monday, May 6, 2013 - 2:46pm | 192For more than a brief moment during the Great Recession, it appeared the fate of the Big Three automakers was in jeopardy. General Motors (NYSE: GM) declared Chapter 11 bankruptcy, while Chrysler filed its third bankruptcy before its ownership stake was sold to Cerberus Capital Management. Ford (...
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The 9 Most Infamous Twitter Hacks of All-Time
Friday, April 26, 2013 - 11:58am | 89Following Tuesday's frightening Associated Press tweet, which "hacked the market," the impact of hijacked Twitter feeds in a world that depends on instantaneously-shared information has become a legitimate concern. The AP hack is the latest in a disturbing (though occasionally hilarious) trend of...
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Jeep's Twitter Account Hacked
Tuesday, February 19, 2013 - 2:53pm | 78Burger King's (NYSE: BKW) Twitter account was hacked on Monday. Now, it seems a similar (or the same?) group of hackers have targeted Jeep's twitter account. Jeep is a brand of Chrysler which is owned by Fiat (OTC: FIATY). Readers can see a screen shot below:
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2012 Detroit Auto Show Recap and Highlights: A Personal Perspective
Monday, January 23, 2012 - 5:03pm | 557Unfortunately, due to time constraints and prior obligations, I was unable to attend the 2012 Detroit Auto Show during press week, so I went with the general public last Saturday. Apart from being incredibly crowded (and having some people cut in line while I was waiting to cushion myself in a...
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Chrysler Announces Plan to Produce Jeeps in Italy
Friday, November 26, 2010 - 11:01am | 132Fiat is going to start producing Chrysler Jeeps in Turin, Italy according to a Fiat statement released earlier today. According to an AFP article, "Fiat said the deal would bring investments of more than 1.0 billion euros (1.3 billion dollars) to the Mirafiori plant in Turin, which was inaugurated...