DAILY: Chevy Volt fire prompts U.S. safety probe of lithium ion batteries, report says ; GM will idle Cruze plant for a week as sales cool; Hyundai to show Elantra coupe in Chicago

DAILY NEWSLETTER November 11, 2011

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Chevy Volt fire prompts U.S. safety probe of lithium ion batteries, report says DETROIT (Bloomberg) -- U.S. auto-safety regulators are scrutinizing the safety of lithium ion batteries that power electric vehicles after a Chevrolet Volt battery caught fire, people familiar with the probe said. The regulators have approached all ... >> story  Published: Nov 11 11:55 am U.S. Eastern time / Last changed: 11/11/11 1:35 p.m. ET GM will idle Cruze plant for a week as sales cool DETROIT -- General Motors plans to idle its Chevrolet Cruze assembly plant for one week later this month amid cooling sales of the compact car. GM will take down its Lordstown, Ohio, plant the week of Nov. 28, GM spokesman Chris Lee said. Production ... >> story  Published: Nov 11 1:09 pm U.S. Eastern time Hyundai to show Elantra coupe in Chicago DETROIT -- Hyundai plans to reveal an Elantra coupe in February at the Chicago auto show as the company tries to capitalize on continuing sales momentum by fortifying its product line. Hyundai Motor America CEO John Krafcik showed reporters the ... >> story  Published: Nov 11 2:31 pm U.S. Eastern time / Last changed: 11/11/11 3:32 pm ET Follow Automotive News

Subscribe to Automotive News today! You are receiving the free registrant version of our newsletter. If you would like a more comprehensive version, purchase a subscription to Automotive News. If you are already a subscriber, please contact subs@crain.com to get the full version of our newsletter.  MORE HEADLINES Nissan to market low-priced EV quick-charger   Toyota to resume normal output in Japan Nov. 21-25   Saab owner may liquidate as sale may not raise enough cash   Europe's debt crisis leads to steep discounts on new car sales   Autobytel turns modest Q3 profit   Jeep Wrangler Arctic and Liberty Arctic arrive in time for winter     Yang Jian is managing editor of Automotive News China. China's domestic automakers are suffering from self-inflicted damage China's domestic automakers likely will pay a steep price for their anything-goes business strategy in recent years. When auto sales were growing more than 30 percent a year, Chinese automakers hastily expanded production capacity and distracted themselves with nonautomotive investments. Unless they reverse course, these companies will find themselves in deep financial trouble. ...  Read the blog  Published: Nov 11 12:01 am U.S. Eastern time

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