Posted by Dale Buss on August 8, 2012 12:59 PM
General Motors is scrutinized daily by thousands of automotive and business journalists as well as investors and U.S.-government policymakers and a whole host of other people, and yet there remains a mystery about exactly why GM CMO Joel Ewanick became persona non grata so abruptly on July 29th. The latest disclosures, via Bloomberg News, paint a picture of a relationship betweeen Ewanick and his CEO that unraveled in part over lack of decorum.Continue reading...
Posted by Dale Buss on August 8, 2012 09:02 AM
American Airlines faces record safety penalty, tests hotel baggage delivery service.
Amazon sees pay-off from locker service, looks to acquire more patents.
Apple shelves "Genius" TV campaign, puts former designer on the stand against Samsung and plans to beef up security.
AT&T sees 20,000 employees go on strike.
Bank of America brings discounts to bank statements.
Chiquita seeks new CEO as Undercover Boss star exits.
Chrysler’s Dodge pulls out of NASCAR.Continue reading...
Posted by Dale Buss on August 7, 2012 09:01 AM
AMC tries to enlist consumers in standoff with Dish Network.
Amazon expands use of delivery lockers and expands into social gaming.
American Airlines faces record $162 million in penalties.
Apple plans to pull YouTube app from iPhone and iPad in growing rift with Google as it grills the head of strategy for Samsung in court.
Best Buy founder moves on estranged company.
Chuck E. Cheese starts new campaign aimed at moms.
Coca-Cola deals with kick-out threats from Bolivia.Continue reading...
Posted by Shirley Brady on June 13, 2012 06:14 PM
Lance Armstrong denies new doping charges that could strip him of seven Tour de France titles.
Facebook prepares to launch real-time bidding for ads.
Skype starts interrupting video chats with advertising.
AIG is ready to use its own name again.
Barnes & Noble CEO reportedly settles shareholder lawsuit for $29 million.
Duran Duran announce first digital premiere on Facebook.
Elizabeth Arden acquires rights to Justin Bieber and Nicky Minaj fragrances.Continue reading...
Posted by Dale Buss on May 30, 2012 09:00 AM
Apple gears up for "incredible" new products and focuses on TV.
RIM prospects dim further as BlackBerry wanes.
Pepsi inks biggest marketing deal yet for Twitter.
Airbus woes give Boeing some breathing room on next plane.
Allstate leads insurers to best start in nearly a decade in wake of fewer natural disasters.
BYD defends electric car after crash.
British Airways touts "height cuisine."
Caterpillar faces resistance to deal from stirking machinists.
Charles Schwab confronts impulse buying in social campaign.
CNN signs Anthony Bourdain to weekend show.Continue reading...
Posted by Dale Buss on February 14, 2012 08:55 AM
Amazon expands into original programming for web and TV, while Senate bill may close Virginia's "Amazon loophole."
Angry Birds lands on Facebook.
Apple shares close above $500, breaking more records, while brand announces iPad 3 release for March 7, testing "iPad Mini" tablet with smaller screen.
Burt's Bees launches spinoff aimed at Gen Y.
Chipotle steals buzz at Grammy's with Willie Nelson/Coldplay commercial.
Ford may have last laugh over Chevrolet with Super Bowl truck ad.
Google sees Motorola Mobility acquisition approved by EU and US.Continue reading...
Posted by Shirley Brady on January 16, 2012 02:02 PM
Saab owners worldwide demonstrated their love for the brand — and fury at its demise — with more than 100 "We are Many, we are Saab" rallies in 42 countries (including Paris, France; Bucharest, Romania; and Montreal, Canada) over this past and upcoming weekend. The Wall Street Journal explains:
"Even though the company entered bankruptcy protection late last year and has largely ceased operations, its cars still have a following of clubs and enthusiastic individual owners. A lot of these folks are planning to meet at dealerships, mechanic shops, restaurants and other spots today, tomorrow and next weekend in what could be a final show of support for Saab before the lights go out for good.
Tim Colbeck, president and chief operating officer of Saab Cars North America, or SCNA, says that while the car maker’s U.S. operation is winding down, its fate is not completely clear. The parent company is still corresponding with potential buyers, and it is possible that the company could, at some point, resume building cars. The chances of that are slim, however."
That slim sign of hope was echoed by former Saab CEO Victor Muller at one of the events this past weekend.Continue reading...
Posted by Dale Buss on January 5, 2012 12:06 PM
You'd think they were electing a new pope, the way BMW and Mercedes-Benz brand executives stretched out the resolution of their mano a mano battle for leadership in U.S. luxury autos for 2011, as a tantalized global automotive press and many others wondered what the holdup was.
The two teasing German brands finally released their December sales results this morning, about 24 hours later than usual for a monthly sales report and many hours after every other brand in the U.S. market released their December and year-end sales reports on Wednesday.
And when the black smoke actually appeared, the expected winner became the confirmed winner: BMW edged out an aggressive December effort by Mercedes-Benz to sell more of its brand of vehicles in the United States for all of last year, with BMW edging out MBUSA's 2011 tally by 247,907 to 245,192.
Inventory-challenged Lexus — the US luxury winner for each of the last 11 years — finished a distant third, with 198,552 sales, and a promise to compete for the title again in 2012.
Overall, the Ford brand was the volume leader in the U.S. market last year, with 2,057,210 sales.Continue reading...