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CARMAKERS NEWS * USA
* Michigan - Ford leads rivals on profits per vehicle
Dearborn,MICH,USA -The Detroit News, by Bryce G. Hoffman and Melissa Burden -November 26, 2012: -- With car and truck sales on the rebound, all of Detroit's automakers are making money. But Ford Motor Co. is making a lot more on each vehicle it sells than its crosstown rivals do... Ford's third-quarter operating margin in North America was 12 percent — the highest since the company began breaking out regional margins in 2000... Simply put, the operating margin is a company's net profit presented as a percentage of revenue. As such, it is a useful metric for comparing the performance of different-size companies...
* Michigan - Chrysler adds pricier Town and Country as future of minivan studied
Auburn Hills,MICH,USA -Bloomberg News/The Detroit News, by Craig Trudell -November 26, 2012: -- Chrysler Group LLC, which has led the U.S. minivan market since introducing the first model almost 30 years ago, is adding a higher-end version of the Town and Country as the automaker considers its future in the segment... The 2013 Town and Country S, equipped with a Blu-ray DVD player as a standard feature, arrives in dealerships by June and will sell for a $2,000 premium to the base model... Chrysler unveils the minivan this week at the Los Angeles Auto Show... Sergio Marchionne, chief executive officer of Chrysler and its majority owner Fiat SpA, has said he's evaluating whether the U.S. automaker needs both the Town and Country and Dodge Grand Caravan. The U.S. minivan segment shrank to 3.7 percent of U.S. light-vehicle sales last year from 7.9 percent in 2000, according to researcher Autodata Corp...
Labels: carmakers news USA and Canada
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