rorty:::tort: DAILY: China's Youngman hopes to salvage parts of Saab | Daimler courting Chinese investor | Honda forecasts 24% gain in U.S. sales next year

DAILY NEWSLETTER

December 20, 2011

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China's Youngman hopes to salvage parts of Saab

TROLLHATTAN, Sweden (Reuters) -- Chinese car company Zhejiang Youngman Lotus Automobile clung to hope on Tuesday it might salvage parts of bankrupt Saab as Swedish media mourned the passing of one of the country's best known brands.
Swedish papers ... >> story Published: Dec 20 12:14 pm U.S. Eastern time

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Saab suspends warranty coverage on North American vehicles
GM to honor warranties on some models

DETROIT -- Saab has suspended warranty coverage on all of its vehicles in North America.
Additionally, new vehicles must be sold "as is," the bankrupt Swedish automaker told its dealers.
However, General Motors, ... >> story Published: Dec 20 12:50 pm U.S. Eastern time / Last changed: 12/20/11 3:40 p.m. ET

Daimler looking for Chinese investor, German magazine reports

FRANKFURT (Reuters) -- Daimler AG is looking for a Chinese investor that could take a 5 to 10 percent stake in the luxury carmaker, Germany's Manager magazine reported in an excerpt of an article to be published on Friday, citing company sources.

The magazine said ... >> story Published: Dec 20 8:01 am U.S. Eastern time

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MORE HEADLINES

Honda says Civic 'upgrades' to help drive U.S. sales up 24% next year

Toyota NS4 plug-in concept to debut in Detroit, Prius C to join it

Daimler postpones launch of electric Smart

VW plans biggest tech overhaul in nearly 2 decades to drive profits

Toyota picks Europe to lead global small-car development

Chevy Sonic stars in kick-flip stunt for ad

Japan automakers see domestic sales rebound in '12 after record drop

Toyota Canada chief heads to Europe

A look back at Saab advertising

Rick Kranz is product editor for Automotive News
For one dealer, some post-Saab ‘boredom' would be nice

The news of Saab's liquidation was only a few hours old, but dealer Bernie Moreno already was planning his next step. ...

Read the blog Published: Dec 20 3:45 pm U.S. Eastern time

Jamie LaReau covers auto dealers for Automotive News
Hmm, what to do with Lincoln? Steve Jobs could have helped

I'm reading the bio of Steve Jobs. Love him or hate him, the co-founder of Apple Inc. knew how to build a company and brand it. Ford Motor Co. leaders ought to take a lesson from Jobs and apply it to Lincoln. ...

Read the blog Published: Dec 20 3:00 pm U.S. Eastern time

Dave Guilford is enterprise editor of Automotive News
Saab's bid for scale, pricing power fell short

It's sad to see the efforts to rescue Swedish automaker Saab fail. But for anyone watching the attrition of marginal brands in the past few years, it's not surprising. ...

Read the blog Published: Dec 20 12:48 pm U.S. Eastern time

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