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Tax Refunds, Easy Credit Boost Used Car Prices
A combination of income tax refunds issued in January and February with accessible financing have boosted used-car prices overall in the first two months of 2014. Automotive News reports prices rose...
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BMW Looking To Increase US Production For Sales Record
Chasing after a sales record and a 10 percent rise in pretax profit for 2014, BMW looks to increase output at the automaker’s Spartanburg, S.C. plant. Reuters reports the plant is undergoing the...
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Takata Issues Newer, Wider Annual Loss Forecast For FY 2014
The hits keep coming for Takata as its airbag debacle moves forward, this time with announcement that its annual loss forecast will grow wider than previously stated. Automotive News reports the new...
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Toyota’s FY 2014 Profits Rise As Yen Weakens
Aside from holding onto its global sales crown for another year, Toyota is also doing well at the bank thanks to a weaker yen. The New York Times reports in Q3 2014, the automaker earned a net profit...
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Takata’s Shigehisa Takada Sees Dramatic Pay Cut For 2014
While some Japanese CEOs are doing well for themselves in compensation, Takata’s Shigehisa Takada took a dramatic cut in pay for 2014. Shown Friday, the supplier’s regulatory filing found Takada took...
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