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Tuesday, January 17, 2012

DAILY: New CAFE proposal would add $5,000 to sticker price, NADA says | Average age of U.S. light vehicles reaches record high, Polk says | Tesla stock surges after Musk call

DAILY NEWSLETTER January 17, 2012
 
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New CAFE proposal would add $5,000 to sticker price, NADA says
DETROIT -- An Obama administration proposal to nearly double today's fuel economy standards could end up tacking on $5,000 to the sticker price of a new vehicle, a top official with the National Automobile Dealers Association said today.
The ...
>> story  Published: Jan 17 11:40 am U.S. Eastern time / Last changed: 1/17/12 4:25 pm ET
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Average age of U.S. light vehicles reaches record high, Polk says
image The average age of light vehicles on U.S. roads keeps rising, reaching a record high of 10.8 years in 2011, according to an analysis released today by automotive research firm Polk.
Experts say that could be good news for new-vehicle dealers and the ...
>> story  Published: Jan 17 12:05 pm U.S. Eastern time / Last changed: 1/17/12 3:46 pm ET

Tesla says Model S plans unaffected by executive departures
Stock surges on news
imageLOS ANGELES (Bloomberg) -- Tesla Motors Inc. said the production and showroom debut of its all-electric Model S sedan won't be delayed by two top engineers leaving the carmaker, helping the company's shares recover in Tuesday trading.
Tesla shares ...
>> story  Published: Jan 17 9:45 am U.S. Eastern time / Last changed: 1/17/12 4:24 p.m. ET
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    Tesla's Musk to jittery Wall Street: Remain Calm!
    BlogMARK RECHTIN: There's a famous scene at the end of Animal House, where Kevin Bacon's lone ROTC cadet tries to calm a rioting crowd by saying, “Remain calm, all is well.” Playing the role of Bacon on Wall Street today was Tesla Motors CEO Elon Musk. ... arrow Read the blog  Published: Jan 17 4:08 pm U.S. Eastern time
    Jesse Snyder is senior writer for Automotive News
    Saab swan song sparks online flurry
    BlogApparently nothing piques interest in a Saab like declaring bankruptcy and dropping warranty coverage. ... arrow Read the blog  Published: Jan 17 3:26 pm U.S. Eastern time
    Why Chrysler's One Voice will mean better products
    BlogLARRY P. VELLEQUETTE: If the first step on the road to recovery is recognizing you have a problem, then Chrysler Group purchasing boss Dan Knott is to be commended for his honesty and bravery. ... arrow Read the blog  Published: Jan 17 11:17 am U.S. Eastern time
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