Word: carlies
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...Hyundai's ad line - You can return your car to us if you lose your job - still moving cars? Yes. The Korean brands, Hyundai and Kia, have gained market share this year at the expense of their American, Japanese and European rivals. Both Hyundai and Kia were outperforming the industry through May. "Hyundai's share is up over 2 percentage points over the first half of '08, which is a massive undertaking in a very volatile market. We do continue to see them in a position to go after additional share, but it will be a more difficult environment...
...car manufacturers doing well? Subaru continues to chug along, building on its modest success last year. Overall, Subaru's sales are down only 1% during the first six months of the year, and it just reported a 3% increase in June. Audi is another carmaker showing signs of gaining share in a difficult market. While its sales are down slightly, Audi now holds more than 9% of the U.S. luxury market, its largest share in years. (Watch an interview with Ford CEO Alan Mulally...
...these awful sales numbers jeopardize any aspect of the Obama rescue plan? Manufacturers insist that the latest car sales are a reflection of the underlying weakness of the U.S. economy. Bob Carter, head of the Toyota sales apparatus, notes that the Japanese automaker's sales totals continue to suffer from California's economic crisis as well as its real estate downturn. "It's not one thing: it's real estate, it's availability of credit, it's unemployment" that's hurting California sales, he says. Mike DiGiovanni, GM's general director of market analysis, says the present economic numbers suggest...
...Justin Theel's car dealership, a sprawling campus on Interstate 94, the Dodges may be gone - troubles at Chrysler know no state boundaries - but sales this year are still off by only about 20 vehicles. That's a blip that dealers elsewhere would kill for. "For the most part, we're a boring story," says Theel. "But sometimes that's good...
...chronicler of the underworld. This project promised to be the crowning achievement of a Chicago kid steeped in the lore and chivalric code of the bad guy. And moment by moment, it delivers details that seem true to the time - like the bank-robbery hostages mounted on the getaway car's running boards to discourage fire from lawmen in pursuit and the numbing hours Purvis and his men must put in, waiting for a malefactor to emerge from his hideout. (See the 100 best TV shows of all time...