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- Hyundai predicts 2008 sales gain on expanded production, marketing
Hyundai Motor is forecasting a double-digit increase in sales for 2008 on expanded overseas production and stronger marketing. The South Korean automaker says global sales this year will total 3.11 million vehicles, an increase of 19.6 per cent from 2007. The company says that will generate US$49 billion in revenue in 2008. That's an increase of 12.2 ... - Delphi reports net loss of US$231M in November amid bankruptcy proceedings
Auto-parts supplier Delphi Corp. reported Monday a net loss of US$231 million for November. The Troy, Mich., company, which filed for bankruptcy protection in 2005, said in a filing with the U.S. Securities and Exchange Commission that its net loss for the year amounted to $2.78 billion. Delphi recorded about $1.15 billion in net sales ... - General Motors' Bob Lutz leads automaker's vehicle renaissance
Before Bob Lutz joined General Motors Corp. (NYSE:GM) as vice- chairman of product development in 2001, the left brain, by most accounts, was dominating the right when it came to making cars. The rational left-brained engineers and planners would develop the chassis, engine and transmission, and marketing would have its say. Only then would the ...
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