US Volkswagen Shows Profit!

US VW  Shows Profit for First Time Since 2003!   Volkswagen expects profitable U.S. sales this year for the first time since 2003, its U.S. CEO said today, despite an analyst’s warnings that the auto industry must stimulate U.S. demand or risk recession-level sales for several years. Volkswagen’s Audi-brand sales made money last year in the U.S., Volkswagen of America CEO Jonathan … [Read more...]

Honda News: Are Sales Incentives on the way…

With worries about March’s devastating earthquake in Japan becoming a distant memory, Honda’s factories are almost all running full speed ahead – but its sales haven’t taken off in quite the same way. Honda sales were down 28 percent last month even though dealership inventory levels are improving and its North American factories are churning out cars as quickly as they can. “We’ve been going … [Read more...]

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