rorty:::tort: DAILY: Chrysler drops request for U.S. green car loans | Automakers should disable technologies that distract drivers, U.S. says | GM's North American pricing helps, Europe hurts

DAILY NEWSLETTER

February 16, 2012

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Chrysler drops request for U.S. green car loans

DETROIT -- Chrysler Group LLC has chosen to withdraw its application for what originally had been as much as $7 billion in loans from the U.S. Department of Energy to encourage automakers to build more fuel efficient cars.
The automaker filed a one- ... >> story Published: Feb 16 3:58 pm U.S. Eastern time

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Automakers should disable technologies that distract drivers, U.S. says

DETROIT -- The U.S. Department of Transportation today released its long-awaited guidelines on distracted driving, calling on automakers to disable applications that allow drivers to manually access social media, surf the Web or send text messages while on the road.
>> story Published: Feb 16 11:47 am U.S. Eastern time / Last changed: 2/16/12 2:57 pm ET

GM's Q4 profit: North American pricing helps, Europe hurts
Net income for year rises to $7.6 billion, shares surge 9%

DETROIT -- Stronger pricing and increased sales in North America drove General Motors' net profit to $7.6 billion last year, even as the worsening picture in Europe hurt its fourth-quarter results.
Net income for the October-December period fell 7 ... >> story Published: Feb 16 7:30 am U.S. Eastern time / Last changed: 2/16/12 4:19 pm ET

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... Auto stocks advance along with Dow, S&P 500 ... GM surges on Q4 earnings report ... TRW has biggest intraday rise in 27 months as profit tops estimates ...

	Price	Daily change	52-week high / low
General Motors	27.17	+8.99%	36.84 / 19.00
Ford	12.74	+2.91%	16.18 / 9.05
Top Performers	Price	Daily change	52-week high / low
TRW Automotive	47.43	+14.37%	61.01 / 28.85
General Motors	27.17	+8.99%	36.84 / 19.00
American Axle	12.95	+5.97%	14.76 / 6.77
Dana	16.55	+4.68%	19.35 / 9.45
Group 1	54.69	+4.45%	57.71 / 33.31
Bottom Performers	Price	Daily change	52-week high / low
Nissan*	19.92	+0.10%	22.23 / 16.18
AutoNation	34.63	+0.23%	41.55 / 30.46
Toyota*	83.65	+1.32%	93.90 / 60.37
Honda*	37.09	+1.37%	44.56 / 27.52
Tower International	13.95	+1.38%	18.33 / 9.45

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PHOTO GALLERY
Opel/Vauxhall Mokka
Opel/Vauxhall's Mokka is a sister vehicle to the Buick Encore. The Mokka will compete in Europe against the Dacia Duste and Fiat Sedici. >> Photo Gallery

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Peugeot 208
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Is new Barracuda Chrysler's next retro muscle car?

RICK KRANZ: The Dodge Challenger made a comeback, so what's next for Chrysler Group in the retro muscle-car wars? How about a new Barracuda, sans the Plymouth name? ...

Read the blog Published: Feb 16 2:36 pm U.S. Eastern time

Jamie LaReau covers dealers for Automotive News.
Dealers! Stop and think before you over-staff

An anticipated sales spurt this year has Roger Penske and many private independent dealers considering hiring. And as skilled service technicians retire faster than new ones enter the work force, hiring in that area makes sense. But industry consultants have urged caution about dealers growing too quickly. ...

Read the blog Published: Feb 16 3:34 pm U.S. Eastern time

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