Author: Automotive News Feed
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Toyota targets 5,000 to 10,000 fuel cell sales a year
Toyota is confident that fuel cell vehicles will be price competitive against other zero-emission cars before 2030, a top executive told Automotive News Europe.
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Westlake’s dealership, prime-risk push pays off
Subprime specialist Westlake Financial Services’ continuing campaign to add dealerships and boost its prime-risk loan business is paying off.
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TD Auto pares dealership network
TD Auto Finance says it will trim its U.S. dealership network, essentially dropping dealerships with the least amount of volume.
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Regulation stays on FandI forefront for 2014
Auto finance regulation will stay on the front burner in 2014, with conclusions likely from investigations that began in 2013, according to attorneys who specialize in the area.
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Next GM president Ammann aims to prove he is not just a ‘bean counter’
Dan Ammann, GM’s incoming president, has gone to great lengths to prove that while he is the U.S. automaker’s chief financial officer, he is not just a “bean counter.”
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First Shift: Barra to lead elite club
GM will be largest Fortune 500 company with female CEO; BMW N.A. expansion?; Holden exit puts heat on Toyota.
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Briton Batey to head GM’s most profitable region
GM has given responsibility for its most profitable region — North America — to Alan Batey, a hard-charging 50-year-old Briton who has zoomed through the automaker’s executive sales ranks over the past four years.