Headlines for Monday, November 12, 2012
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2012 Market Data: North America Production
This is data compiled by the Automotive News Data Center and requires a Data Center subscription to access. Read More »

Ford's Mulally: 'We're not going to back off' on tech
Alan Mulally says the automaker's MyFord Touch infotainment system is still a reason to buy a Ford. One of his main tasks in his final years as CEO will be to continuously improve the much-criticized technology. Mulally also must make Lincoln relevant again. Read More »

Chrysler tries to make a comeback in cities it left in 2009
In a number of decent-sized markets, Chrysler's bankruptcy approach was riskier and more unusual. It decided to simply start over, ceding untold business to competitors in the interim, rather than working with established dealers who had been there for decades. Read More »

Fiat appoints company veteran Altavilla as Europe chief
Fiat has appointed company veteran Alfredo Altavilla as head of the automaker's money-losing European operations. Read More »

Honda gives first look at redone '13 Civic
Just 18 months after the Civic's 2012 model year redesign hit the market, Honda is launching a mid-cycle change for the compact sedan and coupe. The 2012 Civic's interior layout and materials were widely panned by critics at the time, although the nameplate has continued to sell well. Read More »
Guide to Global Automotive Partnerships - Nov. 2012
This is data compiled by the Automotive News Data Center and requires a Data Center subscription to access. Read More »

Lamborghini: Aventador Roadster goes 0-to-62 in three seconds
If Lamborghini makes a coupe, you can be sure a topless version is coming as well. Sure enough, the Italian supercar-maker revealed today a roadster version of its Aventador LP700-4. Read More »

AutoNews Now: Peek inside Honda R&D
Style meets safety at sprawling Ohio complex; Ford Raptor fetching $160K in China; plus, Toyota's high-speed safety system. Read More »

UAW trust demands Fiat pay $342 million for Chrysler stake
Fiat must more than double its offer for a 3.3 percent stake in automaker Chrysler that is held by a union-related trust, the trust claimed in a countersuit filed on Monday. Fiat's offer of $139. Read More »

First Shift: Honda chief on sales goals
Ito: Growing N.A. sales 18 percent 'not just a dream;' tiny Fit's big role; Chrysler engine investments; Storm ruins 800 Fords. Read More »

Faurecia to cut 3,000 jobs as growth focus shifts outside Europe
Faurecia, Europe's largest maker of car interiors, plans to cut about 3,000 jobs in its home region, or 7.5 percent of the workforce, by the end of next year as it retrenches in lackluster European markets. Read More »

Dealers: Take Suzuki deal or fight?
Suzuki dealers face a decision: Give up their franchises in exchange for cash or fight the factory in bankruptcy court. The question for dealers: Are the offers comparable to what they would have received under state franchise laws? Read More »
Manheim eases policies to help Sandy-affected dealers
Auction giant Manheim is relaxing some policies at 11 mid-Atlantic and Northeast auction sites in an effort to help dealers impacted by Hurricane Sandy. Read More »

Marchionne: Struggling in Europe, 'comfortable' with Chrysler
For Chrysler-Fiat CEO Sergio Marchionne, these are the best of times and the worst of times. While Fiat is being hammered by the economic turmoil in Europe, Chrysler continues to pile up profits and rack up market share gains in the United States. Read More »
Ford dealer Don Ackerman dies at 86
Don Ackerman, the former owner of Gaudin Ford in Las Vegas, died Oct. 22. He was 86. Read More »
Faurecia to cut 3,000 jobs in Europe as it seeks growth elsewhere
Faurecia, Europe’s largest maker of car interiors, plans to cut about 3,000 jobs in its home region, or 7.5 percent of the workforce, by the end of next year as it retrenches in lackluster European markets. Read More »
Hertz to divest more outlets to win approval of Dollar Thrifty deal, report says
Hertz has agreed to shed more airport locations than previously offered, which may lead the Federal Trade Commission to allow the $2.6 billion acquisition of Dollar Thrifty Automotive Group Inc. to go forward, two people familiar with the negotiations told Bloomberg. Read More »

Supplier group chief De Koker to retire
Neil De Koker, 69, president of the Original Equipment Suppliers Association, is stepping down at the end of 2013. Read More »
North America car and truck production by plant, October & YTD
This is data compiled by the Automotive News Data Center and requires a Data Center subscription to access. Read More »
North America car and truck production by model, October & YTD
This is data compiled by the Automotive News Data Center and requires a Data Center subscription to access. Read More »

Canada light-vehicle sales by make, Oct. & YTD
This is data compiled by the Automotive News Data Center and requires a Data Center subscription to access. Read More »

Canada light-vehicle sales by nameplate, Oct. & YTD
This is data compiled by the Automotive News Data Center and requires a Data Center subscription to access. Read More »

Obama, Congress face the moment of truth on taxes, spending cuts
With President Obama's auto agenda likely to be unchanged in his second term -- electric cars and stricter fuel economy rules -- industry leaders have turned their attention to a more immediate concern inside the Washington beltway. Read More »

Mitsubishi outlines its comeback plan
Mitsubishi Motors Corp. has had a dismal year. But President Osamu Masuko isn't discouraged. He has a U.S. comeback plan that aims to boost sales 45 percent to 80,000 units in the next fiscal year, from a projected 55,000 in the one ending March 31. Read More »

BMW pushes ahead with EVs, green technology
At a time of retrenchment in electric vehicles and alternative powertrains, BMW CEO Norbert Reithofer reaffirmed his company's commitment to new technology, particularly electric drive. Read More »

Hyundai and Kia undercut their main selling point when they overstated mpg
After Hyundai and Kia admitted this month to selling 900,000 2011-13 vehicles with overstated mileage ratings, the South Korean companies have a big problem: a credibility gap with customers that could turn into long-term damage to the brands. Read More »

BMW pushes ahead with EVs, green technology
This is a time of retrenchment in electric vehicles and alternative powertrains. Entrepreneurs are flaming out and major automotive players are quietly putting their more adventuresome technologies on the back burner. Read More »

Hyundai has been busted before
It was revealed on Nov. 2 that Hyundai Motor America and its Kia Motors America affiliate had overstated fuel economy ratings on 900,000 vehicles. It's not the first time Hyundai has been caught in its own false claims Mark Rechtin is West Coast editor for Automotive News. Read More »

Why is GM far less profitable than Ford?
It has been more than three years since General Motors emerged from bankruptcy. So why is GM still far less profitable than archrival Ford Motor Co.? We recently got a refreshingly candid answer Mike Colias covers General Motors for Automotive News. Read More »

Expect more changes in 2nd term
Now that President Obama has been re-elected, one might assume that his second term will be a continuation of policies from the first four years. But we should expect changes and additions in the next couple of years Keith Crain is editor-in-chief of Automotive News. Read More »

Mulally: Gadgets bring owners, dealers closer
Ford Motor Co. is battling problems with new technologies, as shown by consumer complaints about the MyFord Touch controls system. But CEO Alan Mulally is adamant that Ford will continue to be a technology leader. Read More »

Ohio dealer tops clunkers author in House race
All seven current and former dealers running for seats in the U.S. House of Representatives won on Election Day, mostly by comfortable margins. But the one hotly contested race -- in Ohio -- involved Washington's handling of the auto industry. Read More »

Online dealer reviews drive showroom traffic
Reviews have become an integral part of dealership online marketing because Internet shoppers are more likely to visit a store if they see good reviews. That has created an opportunity for some companies, such as Chicago-based Cars. Read More »

Nelson joins Automotive News in D.C.
Gabe Nelson has joined Automotive News as a reporter in the Washington bureau, where he will report on government policy as it affects automakers, suppliers and dealers. He also will cover Volkswagen of America and Audi of America. Read More »

Many East Coast dealers expect a sales surge
Many East Coast dealers affected by Hurricane Sandy expect sales and service business to increase significantly as soon as this week. Read More »

Chrysler gets tax break for engine plant
Chrysler Group plans a $40 million expansion of its Trenton Engine Plant in suburban Detroit to build new 3.2-liter V-6 engines and expand production of other V-6 and I-4 engines. Read More »
Make your store a great workplace
Want to strengthen your dealership by making it better for your employees? Find out how by attending “How to Make Your Dealership a Great Place to Work,” an Automotive News PowerTRAINING Webinar. Read More »

Companies mimic EPA tests
The discovery of Hyundai and Kia's inflated fuel economy ratings could call into question how automakers test and report such ratings going forward. Read More »

He said it
On Feb. 11, 2009, just months after the Detroit 3 were first called to Washington to testify before Congress, Hyundai Motor America CEO John Krafcik spoke at the Midwest Automotive Media Association's annual breakfast during the Chicago Auto Show. Read More »

With Fields as COO, Mulally sees Ford gaining momentum
Alan Mulally, 67, will stay on as Ford CEO for at least two more years, while Mark Fields, 51, currently president of the Americas, will become COO on Dec. 1. Ford appears to be cruising along smoothly, but some problems persist. Read More »
SUZUKI: CALLING IT QUITS:Chairman blames exchange-rate losses, lineup
Suzuki Motor Corp. Chairman Osamu Suzuki defended his decision to end U.S. auto sales saying his small-car lineup was a bad match for the market and ravaged by exchange rate losses. Read More »
SUZUKI: CALLING IT QUITS:Workers' clues: Big deposits, missing bosses
For American Suzuki employees, the first hints that something was awry surfaced on Nov. 2. The company unexpectedly deposited large sums of money into the bank accounts of many automotive division employees. Read More »
How Sandy-damaged cars will be replaced
Used vehicles from the West Coast could be shipped across the country to help East Coast dealers meet the anticipated demand for replacing vehicles damaged by Hurricane Sandy, says Paul Lips, executive vice president for operations and finance at auction company ADESA. Read More »
Toyota's Lentz: Camry in a 'three-horse race'Toyota's Jim Lentz says the Camry will fend off main rival Honda Accord and upstarts such as the Ford Fusion... Mon., May 20» Watch the Video |




