Author Archives for admin
Toyota’s Camry exceeded its seasonal historical average inventory by more than 15 days supply in June and Honda carried about 25 days more Civics than usual, Joseph Spak, a New York-based analyst for RBC, said in today’s report. Camry and Civic were the only models identified as at risk for reduced output among 16 of the top-selling vehicles in the U.S. market. General Motors Co., Ford Motor Co. and Chrysler Group LLC all added U.S. market share in the first six months of 2013, the first time that all three gained first-half share in 20 years. Models such as GM’s Chevrolet Cruze compact and Ford’s Fusion mid-size sedan, leading Detroit’s most competitive set of passenger cars in
Fiat exercises option to buy additional 3.3% of Chrysler shares
Purchase brings closer a merger of the two automakersFiat today exercised an option to raise its stake in Chrysler by 3.3 percent.
The move is part of CEO Sergio Marchionne’s step-by-step purchases intended to lead to full control of Chrysler and the creation of a merged company that would be able to compete better with industry leaders Toyota, General Motors and Volkswagen.
Fiat has been exercising options since mid-2012 to buy holdings of about 3.3 percent from the VEBA, a medical-benefits trust for the U.S. carmaker’s retirees.
Including today’s purchase, Fiat has exercised three of its six-monthly options, increasing its stake to 68.49 percent.
Fiat has said it wants full control of Chrysler, which would give it access to some of Chrysler’s cash flow for investments in new models.
Chrysler has become Fiat’s most reliable profit generator as the Italian company struggles to end losses in Europe that totaled 704 million euros ($903 million) in 2012 amid a
- September 10, 2017
- Not categorized
- Posted by admin
- Comments Off on About Us
At AUTOCARES, we are passionate about delivering excellence in the world of premium and luxury used cars. Based in Delhi NCR, we take pride in offering a curated selection of high-quality vehicles that blend luxury, performance, and affordability. Whether you’re looking to buy or sell a luxury car, our expert team ensures a seamless, transparent, and customer-friendly experience.
Our MissionTo redefine the pre-owned luxury car market by providing trust, quality, and affordability. We strive to create a hassle-free buying and selling experience, ensuring that our customers drive home their dream car with confidence and satisfaction.
Our VisionTo be the most trusted and preferred destination for premium and luxury used cars in Delhi NCR, setting new standards in service, reliability, and customer satisfaction.
Our Core Values- Trust & Transparency: We believe in complete honesty and transparency in every deal.
- Customer Satisfaction: Your happiness is our top priority, and we go the extra mil [...]