Mark Reuss News
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Ford Motor Co. and Chrysler Group LLC reported U.S. sales gains that exceeded analysts’ estimates as surging demand for F-Series and Ram pickups pace the industry’s best year since 2007.
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General Motors Co., after failing to gain sales with its redesigned Chevrolet Malibu last year, said it’s updating the mid-size sedan with a sportier front end, roomier back seat and better fuel economy.
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Ford Motor Co., gaining more U.S. market share than any other automaker this year, will add capacity to build 200,000 more vehicles annually in North America on demand for F-Series pickups and Fusion sedans.
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General Motors Co.’s redesigned full- size pickups are bolstering analysts’ confidence that the automaker’s shares will keep climbing after topping their initial public offering price for the first time in two years.
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Mark Reuss remembers the day, 20 years ago, when his father’s career was blindsided. Reuss had a tuxedo hanging in his car to wear that night to a long-planned event honoring his father’s 35-year career at General Motors Corp. when his mother called.
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General Motors Co., armed with its best vehicles in a generation, reported a 3.6 percent increase in global sales during the first quarter, keeping its lead over Volkswagen AG by about 90,000 vehicles.
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General Motors Co. Chief Executive Officer Dan Akerson’s compensation mix was changed in 2012 to accommodate the possibility he may retire before his long-term restricted stock vests in three years, the company said.
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When the Daytona 500 starts this weekend with Danica Patrick in the pole position driving her Chevrolet SS, General Motors Co. will be seeking something more than a winner’s trophy: adding a greater sense of urgency to GM.
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General Motors Co., which plans to introduce about 20 new vehicles in the U.S. this year, will invest $1.5 billion in North America factories in 2013, Mark Reuss, the company’s regional president, said yesterday.
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A commercial showing the new Ford Fusion being driven off a cliff led David Bowhall to visit a dealer last month for a test drive. The owner of four Mercedes- Benzes in the last five years said it wasn’t much of a leap.
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