Headlines for Friday, January 11, 2013
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Ford to add 2,200 U.S. salaried workers this year
Ford Motor plans to hire 2,200 salaried workers this year in the United States as it continues to beef up payrolls to handle rising sales and production in North America. The hiring surge is the largest increase in salaried workers in more than a decade, the company said in a statement today. Read More »
Politicians see opportunities on the show floor
The election season is over, but plenty of politicians will be shaking hands at the Detroit auto show next week. Read More »
Viper production gets featured in NYT Magazine
The New York Times Magazine is taking an inside look at how Chrysler Group's most expensive vehicle -- the 2013 SRT Viper -- is built by hand in the company's newly refurbished Conner Avenue assembly plant in Detroit. Read More »
Cadillac 'working hard' on a small crossover, exec says
Cadillac is developing a small crossover that would be slotted below the popular SRX, the brand's top executive said. Read More »
Daimler's Smart factory: A very German and French operation
A visit to Smart's car production plant in Hambach, France, offers a first-hand look at how the Daimler subsidiary gets two different cultures to work together. Read More »
Customer Incentives
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VW brand sets 2012 sales record; set for 'difficult' 2013
Volkswagen brand sales surged in December to push its full-year worldwide volume up 13 percent to a record 5.74 million vehicles, the company said on Friday. VW brand sales jumped 31 percent during the final month of 2012 to 517,900 vehicles. Read More »
Daimler eyes stake in unit of China's BAIC
Daimler may invest in the passenger-car unit of its Chinese partner, BAIC Group, in a bid to overcome its weakness the world's largest car market, three people close to the plans said. Read More »
More power, glitz, organic food and smiles
Another year, another Detroit auto show and another slew of changes. Automakers are scheduled to showcase about 55 new vehicles, 41 of them global debuts, at the 2013 show that opens with press previews next week. Read More »
Fisker seeks salvation in China, report says
Top executives at Fisker Automotive are scouring Asia - in particular, China - for funding and strategic partners that are viewed as crucial to the automaker's success, four people familiar with the matter said. Read More »
North America car and truck production - 01/14/2013
This is data compiled by the Automotive News Data Center and requires a Data Center subscription to access. Read More »
Visteon says employees to stay put at U.S. HQ after Asia deal
Despite a deal that will consolidate its climate business in Asia, supplier Visteon says employees at its headquarters in suburban Detroit will stay put. Read More »
AutoNews Now: North American production boom
Toyota, Honda, Nissan, VW set records; Sergio hands keys to first Viper owner; Lapham says Chevy runs right Read More »
Flying pigs, right-to-work and Pure Michigan
A seasoned Detroit labor lawyer said he had lived long enough to see a pig fly when Michigan passed right-to-work legislation last month in this UAW stronghold. Well, he might want to pack his bags, because Michigan is advertising flights on that pig. Read More »
GM aims new Corvette beyond successful plumbers
The Chevrolet Corvette, once the coolest of cool rides on Route 66 and the rest of America's roads, has suffered the cruelest of fates: It's known as an old man's toy. Even the head of Chevy marketing acknowledges that too many people see it as the car of "the successful plumber." Read More »
U.S. share of global auto sales expected to rise in 2013
The United States car market's rebound may be slowing, but it still looks like the best bet to many of the global industry's top brass as they converge on Detroit for the 2013 auto show. Read More »
Cadillac moves on up at Detroit show
Cadillac wants buyers to see the brand in the same light as juggernaut German luxury automakers such as Mercedes-Benz and Audi. At the auto show here next week, they will. Read More »
Skoda sets new high for vehicle sales in 2012
Skoda raised unit sales by 7 percent last year to a record 939,200 cars, Volkswagen's Czech unit said on Friday. Read More »
Honda will cut 800 UK jobs on falling European demand
Honda plans to cut about 800 jobs at its plant in Swindon, southwest England, due to falling demand for its vehicles across Europe. It is the first time Honda has cut jobs in the UK since it began car production there in 1992. Read More »
Audi names former Lancia boss to head Italy operations
Audi has named former Lancia boss Fabrizio Longo to run its Italian operations. Longo was a mentor to current Audi sales boss Luca De Meo when they both worked at Lancia parent Fiat. Read More »
First Shift: It's time to hire
Ford looks to add 2,200 salaried jobs; GM takes on more IT work; Nissan, Honda factory boost; buying into car-sharing Read More »
PSA near $7 billion loan deal for car-lending arm, sources say
PSA will sign about 5.3 billion euros ($7 billion) in loans for its struggling bank unit in the next week after lenders offered more than originally sought, according to two people with knowledge of the matter. Read More »
China auto sales may top 20 million in 2013
Vehicle sales in China, including those of cars and buses, may accelerate this year and surpass 20 million units for the first time, the state-backed China Association of Automobile Manufacturers said in a statement in Beijing today. Read More »
Korea's Halla to buy Visteon's auto climate businesses in China, India
South Korea's Halla Climate Control has decided to buy Visteon's automotive climate units, almost four months after the American auto-parts supplier announced the plan for combining the businesses to make them more competitive. Read More »
Wary Chinese motorists ignore EVs
With a generous array of incentives, China's government expected to turn the country into the world's biggest market for electrified vehicles. Read More »
Fiat, PSA forecast to be biggest losers as Europe crisis worsens in 2013
With Europe's new car sales set to fall this year to levels not seen since the 1990s, pressure will increase on automakers' revenues and operating margins. Fiat and PSA/Peugeot-Citroen may be the biggest losers in 2013, according to industry observers. Read More »
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 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 |
