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Tuesday, January 03, 2012

DAILY: Holiday deals, consumer confidence may lift Dec. sales rate to 13.4M | Lincoln refashions Detroit auto show display | Global sales are forecast to climb 6.7%

DAILY NEWSLETTER January 3, 2012
 
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2011 DECEMBER U.S. AUTO SALES
Holiday deals, buyer confidence may produce Dec. sales rate of 13.4M
image DETROIT (Bloomberg) -- U.S. consumers, who are more confident than they have been in eight months, were lured to auto showrooms by holiday discounts and may have pushed car sales to the second fastest pace in more than two years.
"From Thanksgiving ...
>> story  Published: Jan 3 7:49 am U.S. Eastern time / Last changed: 1/3/12 3:14 p.m. ET
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2012 DETROIT AUTO SHOW
Lincoln fills Detroit display with vehicles and art
image DETROIT -- In some years past, Lincoln's stand at the North American International Auto Show here was virtually invisible, dwarfed by displays of the Ford division and other luxury brands once owned by Ford Motor Co.
This year will be different. ...
>> story  Published: Jan 3 1:51 pm U.S. Eastern time

Global auto sales to rise 6.7% in 2012 on Chinese demand
imageDETROIT (Bloomberg) -- The number of cars and light trucks sold globally will grow 6.7 percent this year, led by Chinese demand outside the population centers of Shanghai and Beijing, R.L. Polk & Co. said.
Sales will rise to 77.7 million ...
>> story  Published: Jan 3 7:34 am U.S. Eastern time
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    Rick Kranz is product editor for Automotive News
    Dealer holds a fire sale to clear out Saab stockpile
    BlogBernie Moreno and his team figured out a way to unload new Saabs. Despite Saab Automobile's bankruptcy filing Dec. 19 in Sweden, Saab of North Olmsted sold 55 new Saabs last week. That's right, 55 new Saabs were sold between Christmas and New Year's Day! Moreno had 122 cars on Dec. 20 valued at about $5 million. How did he do it? He chopped prices, offered buyers peace of mind and spent a bundle on advertising. ... arrow Read the blog  Published: Jan 3 4:10 pm U.S. Eastern time
    Christina Rogers covers safety, regulation and Volkswagen AG for Automotive News
    For VW, the eco-friendly hue is blue
    BlogWhile other automakers are thinking green, Volkswagen is going blue. The car company isn't feeling glum. It just wants to be different. “Think Blue” is VW's latest eco-friendly catchphrase, or “philosophy” as VW calls it, encompassing efforts such as the company's attempts to green-up its factories worldwide and VW's push for more diesel-fueled cars. ... arrow Read the blog  Published: Jan 3 12:37 pm U.S. Eastern time
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