Comments Off on Toyota Camry, Honda Civic inventories rise, report says
The Toyota Camry and the Honda Civic, the top-selling mid-size and compact cars in the U.S., face risks of reduced production as inventories of the models rise, an RBC Capital Markets report said.
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 [...]
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Comments Off on Fiat exercises option to buy additional 3.3% of Chrysler shares
Fiat 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 [...]
Driver's License, title, lien release, or lienholder information if your vehicle is currently leased or financed.CarNation will pay for your vehicle via guaranteed corporate check.This is a common scenario, often referred to as negative equity. In this case, CarNation will make the payoff in full with certified funds via overnight mail to your financial institution. The difference between the value of your vehicle and the amount owed is payable directly toCarNation. We have many convenient payment options available, including small loans.Yes, Yes, and Yes.This is referred to as positive equity, and in this case, you would receive this amount immediately. The payoff to the financial institution is handled in the same manner as in the previous question.About 10 minutes. It's as easy as that to use CarNation.CarNation is the largest vehicle buyer in the nation, which gives us significantly mo [...]
Selling your vehicle has never been easier thanks to our streamlined approach that takes you from the point of first contact with our company, to a free quote in 15 minutes or less. In order to receive a free quote simply complete the Free Quote Form on our home page. Your form will be processed immediately, and your free quote sent directly to the email address that you provided on the free quote form. We are also happy to provide your free quote via telephone.
Cash offers are only provided upon the completion and submission of the Cash Offer Form. It is generally a good idea to complete the free quote form first to see if our quote is acceptable to you.
While cash offers are firmer than free quotes, they are not guaranteed until the pre-sale inspection of your vehicle is completed. Vehicle inspections are performed at our facility. You may drive your vehicle directly to us, or request that your vehicle be picked up. There is no charge for vehicle pick-up. The pre-sale inspection is a short 10-15 minute process, where we are confirming general details such as year, make, model, mileage, and [...]