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Monday, January 23, 2012

DAILY: GM will rebuild Volt's image | Toyota posts second-worst N.A. production decline | CarMax plans to hire almost 1,000

DAILY NEWSLETTER January 23, 2012
 
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GM faces task of rebuilding Volt image after NHTSA probe ends
image WASHINGTON (Bloomberg) -- General Motors Co. begins the task this week of repairing the image of its Chevrolet Volt plug-in vehicle after federal regulators closed their investigation into a battery fire.
GM CEO Dan Akerson and David Strickland, ...
>> story  Published: Jan 23 6:19 am U.S. Eastern time
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Toyota, beset by earthquake, posts second-worst N.A. production decline
image DETROIT -- Toyota Motor Corp. last year experienced its second-worst North American production loss -- 14 percent overall -- since it began producing vehicles on the continent in 1982.
Overall, Toyota and its joint ventures built around 1.26 million ...
>> story  Published: Jan 23 3:00 pm U.S. Eastern time

CarMax plans to hire nearly 1,000 in U.S.
imageCarMax Inc. plans to hire more than 965 people across the United States to keep pace with its seasonal staffing needs.
The Richmond, Va., used-car retailer said today it is recruiting for positions in sales and service operations, including ...
>> story  Published: Jan 23 1:49 pm U.S. Eastern time
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    KEITH CRAIN
    We need more incentives
    image Electrified vehicles seemed to be everywhere during press days at the North American International Auto Show in Detroit. They were front and center at many displays.
    But anyone who stayed around for the show's public days may have noticed that those vehicles had been moved to the back of the displays, which then had more SUVs and pickups. After all, auto shows are designed to give the public what it wants to see, not what government visitors are looking forward to seeing.
    Most electric cars get a $7,500 federal tax credit. In addition, many states offer their own incentives. Without those inducements, the small market ...
    >> Read the column  Published: Jan 23 12:01 am U.S. Eastern time


    HARALD HAMPRECHT
    To Mercedes, Lieb: Wash your dirty laundry quickly
    imageFired Mercedes-Benz USA boss Ernst Lieb's wrongful-dismissal lawsuit is scheduled to be heard in a Stuttgart court on April 12. Lieb will challenge allegations contained in Daimler's response to that suit that he improperly used more than $100,000 in company funds to upgrade the Mercedes-owned U.S. home in Mahwah, N.J., where he lived.
    Lieb's lawyer, Stefan Naegele, intends to show that the 56-year-old executive was one of dozens of Mercedes executives who has been fired unfairly as part of parent Daimler's wide-reaching "zero tolerance" crackdown on ethics violations.
    "None of the accusations are ...
    >> Read the column  Published: Jan 23 12:01 am U.S. Eastern time


     OBITUARIES
     Obituaries
    Information about longtime Houston auto dealer Nason Mark Feldman and Henry Marshall, a retired auto dealer in Clarksville, Md. >> story  Published: Jan 23 12:01 am U.S. Eastern time

    With ATS, Caddy gets serious about challenging BMW 3 series
    BlogRICK KRANZ: It's no secret Cadillac's ATS is taking aim at the BMW 3 series. But the similarity between the two models is striking. Cadillac has been touting the ATS' driving dynamics on its Web site with video of high-speed maneuvers at Germany's legendary Nürburgring racetrack. ... arrow Read the blog  Published: Jan 23 3:34 pm U.S. Eastern time
    Larry P. Vellequette covers Chrysler Group for Automotive News.
    Which Chrysler product(s) will get the Super Bowl ad boost?
    BlogAfter Chrysler Group hit a grand slam with its “Born of Fire” ad for the 200 last year, what product will Ma Mopar feature this year on TV biggest stage, and what will that ad say? Let's speculate. ... arrow Read the blog  Published: Jan 23 1:57 pm U.S. Eastern time
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