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BUSINESS
September 7, 2007 | Martin Zimmerman, Times Staff Writer
During his years at Toyota, Jim Press was known for his swimming prowess -- a skill that could come in handy as he navigates the choppy waters in his new job at Chrysler. Chrysler hired Press to run its sales and marketing operation Thursday, luring him away from Toyota Motor Corp., where he had headed North American operations for more than a year.
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BUSINESS
September 7, 2007 | Martin Zimmerman, Times Staff Writer
During his years at Toyota, Jim Press was known for his swimming prowess -- a skill that could come in handy as he navigates the choppy waters in his new job at Chrysler. Chrysler hired Press to run its sales and marketing operation Thursday, luring him away from Toyota Motor Corp., where he had headed North American operations for more than a year.
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BUSINESS
January 18, 2006 | From Bloomberg News
Toyota Motor Corp. expects its hybrid auto sales to increase 50% this year. The automaker sold about 150,000 hybrid models in 2005, said Jim Press, president of Toyota's U.S. sales unit. Gains this year will come from current models and the addition of a hybrid Camry sedan and the new Lexus GS450h luxury sedan, he said. Toyota's overall sales may grow as much as 10% this year, after a 9.7% gain last year, Press said.
BUSINESS
July 19, 2006 | From Reuters
General Motors Corp. Chief Executive Rick Wagoner said Tuesday that he planned to keep his job even if the Detroit-based automaker entered a three-way alliance with Nissan Motor Co. and Renault. "I have no intention of leaving my position at GM," he told reporters when asked if he would step down should Carlos Ghosn, CEO of Nissan of Japan and Renault of France, win a GM board seat.
HOME & GARDEN
October 28, 2004 | Lisa Moricoli Latham
For award-winning floral designer and floral artist Julie Anne Gibson, it all began with a gift from her artist husband, Jim. Following a romantic bike or trail ride near their Arizona desert home, he would present her with flowers or pretty leaves. A florist by trade, Julie Anne began pressing and framing the natural tokens with a quick-drying process she developed to preserve their color. Soon a passionate business was born.
BUSINESS
March 25, 2005 | From Bloomberg News
Toyota Motor Corp., the largest Asian automaker in America, promoted Don Esmond to manage sales of the Toyota, Lexus and Scion brands in the United States. Esmond, 61, senior vice president of Torrance-based Toyota Motor Sales USA, and general manager of the Toyota brand, beginning today also will oversee sales and marketing for Lexus and Scion autos, the company said in a statement. General managers of Toyota, Lexus and Scion will report to Esmond.
BUSINESS
February 2, 2006 | From Bloomberg News
General Motors Corp. will invest $118 million and add 87 jobs at a factory near Baltimore to build a fuel-saving gasoline-electric hybrid system that it will share with DaimlerChrysler and BMW, the automaker said Wednesday. The system combines two electric motors, which operate when the gasoline engine isn't being used, in a transmission-like unit. Production will begin next year at a GM transmission plant in White Marsh, Md., the company said.
BUSINESS
July 1, 1997 | From Associated Press
Toyota Motor Corp.'s U.S. sales subsidiary on Monday terminated the franchise of an Arizona dealership recently bought by Republic Industries Inc., escalating the legal battle between the two companies. Toyota Motor Sales USA Inc. and Republic have been at odds since the rapidly expanding, publicly owned dealership group began buying Toyota franchises earlier this year. Since December, Republic has become the world's biggest dealer group. It owns or has agreed to buy 126 dealerships nationwide.
BUSINESS
November 7, 2007 | From the Associated Press
Toyota Motor Co. promoted company veteran Jim Lentz to president of its U.S. sales, marketing and distribution operations Tuesday. Lentz, 52, who joined Toyota in 1982 and has worked in the auto industry for 29 years, had been executive vice president at Toyota Motor Sales USA Inc., based in Torrance.
BUSINESS
September 25, 2008 | From the Associated Press
German automaker Daimler said Wednesday that it was in talks to sell its remaining stake in Chrysler to private equity firm Cerberus Capital Management. Daimler spokesman Han Tjan confirmed a report in Germany's Manager Magazin that the company was in talks to sell the 19.9% stake, but he would not say how long the discussions had taken place or give other details. Cerberus said in a statement that it approached Daimler about the purchase.
BUSINESS
November 19, 2002 | Alan Ohnsman, Bloomberg News
Toyota Motor Corp. said Monday that two California universities are its first U.S. customers for hydrogen fuel-cell autos as the company seeks to establish its low-pollution technology as an industry standard. The automaker will lease one modified version of the Highlander sport utility model to UC Irvine and another to UC Davis. The schools will each pay $10,000 a month on a 30-month lease.
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