Headlines for Friday, March 16, 2012
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Race is on to uncover Chevy's newest nameplate headed to showrooms
There's a lot of buzz surrounding Chevy's mysterious new model. I'm betting it's the vehicle former GM product czar Bob Lutz talked about a few years ago. Read More »
Toyota calls Schlicht back to Europe to help with slumping sales
Former Lexus Europe boss Karl Schlicht will return to the region from Japan to lead Toyota and Lexus' product planning, sales, marketing and aftersales. Schlicht will take over duties currently handled by Toyota Europe President Didier Leroy, who remains the automaker's top man in Europe. Read More »
North America car and truck production - 03/19/2012
This is data compiled by the Automotive News Data Center and requires a Data Center subscription to access. Read More »
Guide to Global Automotive Partnerships - Mar. 2012
This is data compiled by the Automotive News Data Center and requires a Data Center subscription to access. Read More »
2013 Ford Taurus Interceptor touts mpg improvements
The 2012 Ford Taurus Police Interceptor will use 35 percent less fuel than the Crown Victoria, while the Explorer-based 2013 Ford Police Interceptor utility vehicle will use 32 percent less than its competitors, Ford said on Friday. Read More »
AutoNews Now: Giving Volt 2nd chance
Product chief says GM must educate people about the car, why carmakers don't mind showing a little light, Lapham on Fisker's 'special' circumstance. Read More »
GM sees Europe pricing weakness leading to broad capacity cuts
General Motors sees "clearly deteriorating" sales and pricing in Europe's car market leading to restructuring across the industry, according to analysts who met with the automaker's management. Read More »
Ford says 1,700 U.S. factory workers accept buyout
About 1,700 Ford factory workers in the United States have accepted early retirement offers and will leave the company by June 1. Ford said the buyout offers, which were unveiled last fall to reduce its ranks of skilled trades and production workers, ended on March 9. Read More »
Chrysler's Francois on Eastwood, YouTube, SNL
Olivier Francois is the man behind Chrysler's "Born of Fire" 2011 Super Bowl Ad with rapper Eminem and this year's successor with Clint Read More »
Settlement in Honda Civic mpg case receives tentative OK
A U.S. Superior Court judge in California tentatively approved a settlement that will give Honda Civic hybrid owners up to $200 cash to settle claims that the car's fuel economy was falsely advertised, the Associated Press reported. Read More »
Toyota tweaks U.S. executive responsibilities
Toyota Motor has shuffled the structure and oversight of its top executives in the United States. Four Toyota executives will receive broader cross-affiliate responsibilities in their roles as senior vice presidents of Toyota Motor North America, the company said today in a statement. Read More »
Customer Incentives
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Waiting to know Mahindra
I'm embarrassed to admit that six years ago, when a couple of dealers tipped me off that an Indian vehicle manufacturer named Mahindra & Mahindra intended to enter the U.S. market, I had no idea who Mahindra was. Read More »
American Honda offers voluntary buyouts to senior employees
American Honda is offering voluntary severance packages to senior employees across its sales operation in the United States. Employees who are 59 and older and have worked 15 years at the company are eligible for the Voluntary Retirement Program, Honda said in an internal memo dated March 9. Read More »
Civil-rights, labor groups push Hyundai execs to fight Alabama immigration law
A coalition of U.S. civil rights and labor groups used Hyundai's shareholder meeting today in Seoul to prod company executives to help overturn Alabama's controversial immigration law. Read More »
2013 DETROIT AUTO SHOW:Next Detroit show moves one week later
The Detroit auto show is starting a week later in 2013. Show officials today announced the event will begin in the third week of January, Jan. 14-27, instead of the second to accommodate journalists’ holiday vacations, said Marc Harlow, a spokesman for the Detroit auto show. Read More »
Only in Japan: Pop star speeds in a Chevy (No, not a Corvette)
A pop star is caught speeding -- doing 75 mph in a 50 mph zone -- in a Chevrolet. In most countries, this would be a story about a Corvette. Read More »
U.S. lawmakers urge Obama act on China auto parts
A group of 188 lawmakers today urged President Barack Obama to crack down on "predatory" Chinese pricing practices, which they said are threatening the domestic auto parts industry. Read More »
Mexico to limit Brazil vehicle exports under three-year pact
Mexico agreed to quotas on its vehicle sales to Brazil over the next three years, a move that will reverse a surge in Mexican auto exports to Latin America’s largest economy. Read More »
The (r)evolution at BMW
BMW CEO Norbert Reithofer wants to sell 2 million cars a year in 2016 instead of 2020, reaching the milestone four years ahead of schedule. BMW's target is the most ambitious goal of all three German premium automakers. Read More »
Ford gets expanded credit, strengthens balance sheet
Ford announced an expanded and extended revolving credit facility on Thursday, as the automaker tries to bolster its balance sheet and ultimately reach an investment-grade credit rating. Read More »
Takata-Petri surrounds Mercedes C-class coupe occupants with airbags
Takata-Petri supplies all seven of the airbags in the new Mercedes-Benz C-class coupe as well as the car’s front seat belts. Those parts play an important role in the C-class coupe’s top safety rating of five stars from testing agency EuroNCAP. Read More »
The (r)evolution at BMW
BMW CEO Norbert Reithofer wants to sell 2 million cars a year in 2016 instead of 2020, reaching the milestone four years ahead of schedule. BMW's target is the most ambitious goal of all three German premium automakers. Read More »
First Shift: Karma's successful failure
Fisker rolling out a software fix for its $100K-plus plug-in hybrid, Japan automakers talk currency, Ford's financial step, Chrysler's ad philosophy. Read More »
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