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GM to pay new CEO Akerson $1.7 million cash a year

3:35 pm U.S. ET, Sept. 10

General Motors Co. has agreed to pay new CEO Dan Akerson $1.7 million in cash annually, plus $5.3 million in salary stock over the next three years. Akerson, 61, also will receive $2 million in restricted stock as part of the company’s long-term incentive plan, GM said today in a regulatory filing. Read More »

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Global auto industry outlook dims as U.S., China markets slow

1:00 pm U.S. ET, Sept. 10

U.S. auto sales in August were the worst for the month in 28 years, while China’s passenger-car deliveries to dealerships increased at the slowest pace since March ...

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Ghosn: ‘No hesitation' in declining GM CEO offer

12:01 am U.S. ET, Sept. 10

Carlos Ghosn, chief executive officer of Nissan and Renault, said he had “no hesitation” in declining an offer last year from the U.S. government to lead Gene ...

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Group 1 extends CEO Hesterberg's contract, hikes base pay

12:01 am U.S. ET, Sept. 10

Group 1 Automotive extended president and CEO Earl Hesterberg's employment contract through Dec. 31, 2015, and raised the chief executive's base salary 10 percent. Under ...

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TRW to sell 7.5 million shares of stock

10:28 am U.S. ET, Sept. 10

TRW Automotive Holdings Corp. is planning to sell 7.5 million shares of its common stock in a secondary public stock offering on the New York Stock Exchange. TRW will not ...

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VW's August sales rise 11% on growth in U.S., Chinese markets

6:01 am U.S. ET, Sept. 10

Volkswagen said deliveries advanced 11 percent last month, helped by increased sales in China and the U.S. August sales gained to 545,000 vehicles from 490,600 a year ear ...

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PARIS AUTO SHOW
Smart sketches new electric scooter ahead of Paris debut

12:01 am U.S. ET, Sept. 10

Smart has revealed more plans for a plug-in electric scooter that it will debut at the Paris auto show. Described as a concept with a possible production future, the trad ...

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Blogs

RICK KRANZ
If Cruze is so important, why doesn't GM offer 2 in the U.S.?
Next month, at the Paris motor show, Chevrolet will expand the one-model Cruze line to two with the introduction of a sleek, five-door hatchback.
Sept. 10, 2:22 pm U.S. ET

Chevy getting back in the game
DAVID BARKHOLZ: New management at General Motors Co. has preached bold, decisive action. So here goes. Chevrolet is treading new territory this Sunday at the MTV...
Sept. 10, 2:03 pm U.S. ET

Is the $50,000 minivan coming down the road soon?
DAVID PHILLIPS: Minivans, the conventional wisdom goes, are so '80s and early '90s. Young families today want sporty crossovers. But for those households choosing a...
Sept. 10, 12:01 am U.S. ET

Toyota’s hot answer to Honda’s CR-Z
HANS GREIMEL: Could this be Toyota’s riposte to Honda’s CR-Z sporty hybrid? Since debuting at January’s Tokyo Auto Salon, an open-cockpit sports...
Sept. 9, 12:01 am U.S. ET

More Breaking News

Ford summons dealers to discuss Lincoln's future
Ford Motor Co. plans to host a meeting for its Lincoln dealers in early October to discuss its...
Sept. 9, 1:16 pm U.S. ET | UPDATED: 9/10/10 9:17 a.m. ET

Ford reverses plans to make SUV in Kentucky for export, sources say
Ford Motor Co. has canceled plans to move production of a small sport-utility vehicle from Europe...
Sept. 9, 11:21 am U.S. ET

U.S. highway deaths drop to 60-year low
The number of people killed on U.S. highways fell last year to the lowest level since 1950, the...
Sept. 9, 11:54 am U.S. ET

Honda cranks up the content on new Odyssey
After a sequence of foul-tip product launches from Honda -- the Insight, CrossTour and CR-Z...
Sept. 9, 3:15 am U.S. ET

Kelley Blue Book is up for sale, reports say
Kelley Blue Book, the California-based authority on used-car values, is up for sale, published...
Sept. 9, 4:14 pm U.S. ET | UPDATED: 9/9/10 7:57 p.m. ET

Despite segment weakness, Honda aims high with Odyssey minivan
The minivan segment may be in a swoon, but that isn’t stopping Honda from going all-in with...
Sept. 9, 3:15 am U.S. ET

Ford's Fleming says he's happy with Mazda tie-up | Sept. 9 | UPDATED: 9/9/10 10:18 a.m. ET

More Breaking News »


	Fri., September 10 »Watch the Newscast • Ford's shift foiled • Dealer chief pay raise » Sponsored by


	Fri., September 10 »Watch the Newscast • The new used-car biz • Why Ghosn said no » Sponsored by

Mercury’s expiration date means survival crisis for Lincoln dealers

AMY WILSON: Owners of just over 250 stand-alone Lincoln-Mercury stores are waiting and wondering what Oct. 4 will bring. That’s when Ford Motor Co. will update dealers on the future of the Lincoln brand. Read More »

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GM's Joel Ewanick: "It's about the brands first."

12:01 am U.S. ET | Sept. 9

Marketing Chief Joel Ewanick joined GM in May, almost a year after the company's bankruptcy exit. The former Hyundai and Nissan marketer says he will focus on building brands that entice buyers. He sat down with Automotive News Editor Jason Stein in August. ... Read More �

Columnists

Dealer Links

What's to like about Alfa Romeo? Plenty

BRADFORD WERNLE: One car in particular stands out in my memory -- a robin's egg blue Alfa Romeo 156 sedan. Seeing the baby blue beauty... Read More »

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Guest Commentary

Photo galleries

The government has caused China's excess production capacity

YANG JIAN: Let's accept a newly issued government prediction that car sales will grow 13 percent annually. If so, industry sales will total 27 million units in 2015 -- an impressive total,... Read More »

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		2011 Dodge Durango
		Mazda Shinari concept
		2011 Infiniti QX56

Data Center

U.S. car and light-truck inventories, on Sept. 1

Sample data:

		Days	Days
		supply	supply
	Inventory	Sep.	Aug.
	Units	2010	2010
BMW div. car (D/I)	22,200	36	39
BMW div. trk. (D/I)	2,100	13	16
Total BMW division (D/I)	24,300	31	34
Mini Cooper car (I)	4,000	23	29
BMW†	28,200	29	33

View the data

Canada light-vehicle sales by make, Aug. & YTD

Sample data:

							Total
	Car	Car	Truck	Truck	Total	Total	Percent
Make	2010	2009	2010	2009	2010	2009	change
Acura	561	919	890	725	1,451	1,644	-12%
Audi	884	737	492	321	1,376	1,058	30%
Bentley	4	4	-	-	4	4	0%
BMW division	1,724	1,758	618	534	2,342	2,292	2%
Buick	833	296	352	240	1,185	536	121%

View the data

Canada light-vehicle sales by nameplate, Aug. & YTD

Sample data:

	Aug.	Aug.	8 mos.	8 mos.
	2010	2009	2010	2009
1 series (I)	164	213	164	213
3 series (I)	1,347	1,214	1,347	1,214
5 series (I)	137	126	137	126
6 series (I)	5	18	5	18
7 series (I)	36	139	36	139
Z4 (D)	-	-	-	-
Z4 (I)	35	48	35	48
Total Z4	35	48	35	48
BMW division car (D)	-	-	-	-
BMW division car (I)	1,724	1,758	1,724	1,758
Total BMW division car	1,724	1,758	1,724	1,758

View the data

Guide to Certified Pre-Owned Vehicle Programs

This Guide to Certified Pre-Owned Vehicle Programs data is available within our Data Center as a PDF download.

View the data

North America car and truck production – 09/06/2010

Sample data:

	8/30-	Aug.	1/1-	1/1-
	9/4/10	est.	9/4/10	9/5/09
Ford Mustang	1,467	4,034	56,779	46,269
Mazda Mazda6 sedan	653	2,184	25,155	13,372
AUTOALLIANCE	2,120	6,218	81,934	59,641
X5 (trk.)	2,097	9,405	64,506	49,949
X6 (trk.)	911	4,120	29,664	28,769
BMW MFG. CORP. (trk.)‡	3,008	13,525	94,170	78,718

View the data

Customer and Dealer Incentives

This Customer and Dealer Incentives data is available within our Data Center as a PDF download.

View the data

Automotive News SAAR - 2010

This Automotive News SAAR - 2010 data is available within our Data Center as a PDF download.

View the data

Print Issue | Sept. 6, 2010

Dealers see Fiat profits -- but when?

12:01 am U.S. ET | Sept. 6

Don Lee thinks he can make money with Fiat and Alfa Romeo at a vacant showroom next to his dealership. The big question: How long will it take? "I think there's a decent business case if you take the long view," says Lee, president of Lee... ... Read More �

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