Category: News (Page 37 of 87)

Jeep cuts price of redesigned Grand Cherokee

Marchionne comes out swinging cutting the price of the redesigned 2011 Jeep Grand Cherokee. The new starting point will be
$32,995 for the base four-wheel-drive model (the Laredo 4×4) which is $465 less than the 2010 model. Prices include shipping.

This will make for some good press for the new SUV and if the looks and quality are there this would be a great start under the new leadership from Fiat.

From AutoNews.com:

DETROIT — Jeep is pricing the base four-wheel-drive model of the 2011 Grand Cherokee, the Laredo 4×4, at $32,995, $465 less than the equivalent 2010 model. Prices include shipping.

The Chrysler Group began making Grand Cherokees at its Jefferson North Assembly Plant in Detroit this week. The vehicles will begin arriving in showrooms next month.

The Grand Cherokee comes in three models: Laredo, Limited and Overland. The Limited 4×4 starts at $39,995, and the top-of the line Overland starts at $42,995.

Read the full article here.

Nissan sees higher profit on U.S., China sales

Looks like the combo of a recovering North American market and the booming Chinese market makes for bigger profits for Nissan. Forecasts are for profits to more than triple for the fiscal year and the near term looks good from our seats. Nissan has some new products hitting the market this year and early next year so it will be interesting to see how those products are received in the market place.

From AutoNews.com:

TOKYO (Bloomberg) — Nissan Motor Co. forecast profit will more than triple this fiscal year as auto demand recovers in North America and sales grow in China.

Nissan, Japan’s third-largest automaker, may boost net income to 150 billion yen ($1.6 billion) for the year ending March 31, from 42.4 billion yen a year earlier, the company said in a statement today. Sales may rise to 8.2 trillion yen from 7.5 trillion yen.

CEO expects Nissan’s sales in China to increase 14 percent this fiscal year, while North American deliveries may increase 13 percent to 1.2 million as the world’s second-largest auto market recovers from a recession.

Read the full article here.

Canada 411, the Net’s Best Search Directory

Canada 411 is an online directory service that works with approximately 2 million site visitors, every month. This directory service helps visitors find accurate information about businesses and/or people whether they down the street or across the country.

Canada 411’s directory is gathered from many diverse sources with some of the best search tools available. This combination enables the site to deliver outstanding results, not only quickly but also efficiently.

This company works with other leading and well-known companies, like Google, to deliver the most correct directions; maps are even provided.

Through cost-effective advertising programs that help create high business profiles and better sales, Canada 411 gives a hand to businesses, large or small, and helps them to generate sales and customers. Currently the site features over 1.5 million local business listings. Businesses that advertise on the site can tell consumers their stories through a combination of detailed profile information, and video. Advertisers also have a huge increase in customers and leads because of the 2 million searches per month.

The site also offers a free U.S. business and people search, while also giving Canadians fast and easy service.
An exciting aspect of Canada 411 is the addition of a new partnership with a group called Pivotal Payments, a leading provider of seller services. Not only does this allow many ways for customers to save, when dealing with one of the many businesses aligned with Canada 411, but Pivotal also gives a special promotional offer for all businesses advertising on the site. Since over two million Canadians use the website in a month, it usually generates about 13 million dollars for local merchants in that same month.

Over-all, Canada 411 is good for customers and good for businesses. In today’s world, that’s called a win/win.

Nissan expanding in China

Nissan is putting their foot on the gas pedal in China with an expansion that will increase production to over 900,000 units per year by 2012. China has kept the world auto market out of the cellar and with all of the big investments coming from global players like Nissan, China’s growth in this segment of the economy is poised to more than out pace the west.

The new offering from Nissan will be a mid sized sedan named the Kizashi.

From theTruthAboutCars.com:

Did we say that Japanese brands have to do something to stop the erosion of market share in China? Nissan took the advice and said today that they started construction of their second factory in China’s southern Guangdong Province. According to The Nikkei [sub], the factory will open in 2012 with an annual capacity of 240,000 vehicles.

The plant is part of Dongfeng Nissan, a joint venture between Nissan and Dongfeng Motor Co. Together with their first plant, Nissan will have capacity for 600,000 units in China. By end of 2012, Nissan plans to increase their total annual capacity to 900,000 units, up 70 percent from the 2009 level.

Read the full article here.

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