Finance, rebate deals fuel jump in car sales

Article Abstract:

Sales of cars in Canada rose when auto markers Daimler-Chrysler Canada Inc., Ford Motor Co. of Canada Ltd. and General Motors of Canada Ltd. offered rebates and cheap financing. Zero-percent loans were offered by Mazda Canada Inc., Daewoo Auto Canda Inc. and Hyundai Auto Canada. Low percent loans were offered by Toyota Canada Inc., and Honda Canada Inc. Mercedes-Benz Canada Inc. and Land Rover Canada reported that their sales dipped during the month.

Author: Keenan, Greg
Marketing procedures, Automobiles, Prices and rates, Marketing, Financial institutions, Rebates, Mercedes-Benz Canada Inc., Mazda Canada Inc., General Motors of Canada Ltd., DaimlerChrysler Canada Ltd., Daewoo Auto Canada Inc., Hyundai Auto Canada Inc., Land Rover Canada Inc.

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FuelMaker to offer at-home gas station

Article Abstract:

American Honda Motor Company Inc. has acquired a 20% stake in FuelMaker Corp. Toronto, Ont.-based FuelMaker is attempting to develop a refueling device for motor vehicles that operate on natural gas.

Author: Keenan, Greg
LPG-Engine Autos, American Honda Motor Company Inc., Gas powered vehicles, Fuelmaker Corp.

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Ford buys another automotive recycler

Article Abstract:

Ford Motor Company of Canada Ltd.'s acquisition of Lecavalier Auto Parts makes it the largest automotive scrapyard operator in Canada. The acquisition is Ford's third purchase of a scrapyard in 2000.

Author: Keenan, Greg
Scrap and waste materials, Scrap Metals, Recyclable Material Wholesalers, Wholesale industry, Wholesale trade, Scrap metal dealers, Scrap metal industry, Lecavalier Auto Parts

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Subjects list: United States, Canada, Automobile industry, Transportation equipment industry, Ford Motor Company of Canada Ltd., Mergers, acquisitions and divestments
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