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It had been a record year for sales in 1955 with the industry selling almost 8 million automobiles, but this extraordinary surge in sales served to reduce demand in the following few years. Sales had declined to 6.1 million in 1957 and just 4.3 million by 1958, making 1958 the worst year for auto sales since World War II.
GM still uses the eastern part of the property bordered by Joslyn Ave. on the east, E. Beverly Ave. on the north, E. Montcalm St. on the south, and N. Glenwood Ave. on the west. This area includes GM Performance and Racing Center at 900 N. Glenwood Ave. and the propulsion systems Pontiac Engineering Center at 800 N. Glenwood Ave. Fisher Body ...
For 1965, the full range of model names that had existed in 1961 returned: Rideau, Rideau 500, and Montcalm. The cars used Ford Galaxie bodies but had Mercury-styled front and rear styling. The Montego was added as a top-range model for 1967, but when that name was selected for use by Mercury in the U.S. beginning in 1968, it was renamed LeMoyne.
Roughly 3.6 million light vehicles were imported into the U.S. from Canada and Mexico in 2024, accounting for 22% of all car sales nationwide, according to S&P Global Mobility.
CEO pay includes salary, bonuses, stock sales, and other payments. Average CEO Pay is calculated using the last year a director sat on the board of each company. Stock returns do not include dividends. All directors refers to people who sat on the board of at least one Fortune 100 company between 2008 and 2012.
Stellantis, the parent company of Chrysler, is recalling more than 63,000 Jeep Cherokees because of a defect that causes the vehicles to lose power and impede parking, increasing the risk of a ...