rorty:::tort: DAILY: GM's 2011 profit fuels Midwest economy | Hyundai, Kia sued by Toyota foe in patent fight over hybrids

DAILY NEWSLETTER

February 17, 2012

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GM's 2011 profit fuels Midwest economy with $7k bonuses for UAW workers

DETROIT (Bloomberg) -- Mike Green says he already knows how he's going to use a $7,000 profit-sharing check from General Motors Co.: He'll help his son buy a new car, throw him a graduation party and sock some money away in the bank.
"A lot of ... >> story Published: Feb 17 8:49 am U.S. Eastern time

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Hyundai, Kia sued by Toyota foe in patent fight over hybrids
BALTIMORE (Bloomberg) -- Hyundai Motor Co. and Kia Motors Corp. were named in a patent-infringement lawsuit filed by a company that had been embroiled in a years-long battle with Toyota Motor Corp. over hybrid-engine technology.
Closely held Paice ... >> story Published: Feb 17 12:04 pm U.S. Eastern time

UAW calls out Romney on bailout stance

DETROIT -- The UAW today took aim at Republican presidential candidate Mitt Romney for opposing the government bailout of Chrysler and General Motors in 2009.
Romney, campaigning this week for the Feb. 28 Michigan primary election, said he supported ... >> story Published: Feb 17 12:50 pm U.S. Eastern time / Last changed: 2/17/12 2:34 pm ET

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... Auto stocks ride higher along with Dow ... Tesla nears all-time high ... Visteon climbs amid reports of lighting-unit sale ...

	Price	Daily change	52-week high / low
General Motors	27.34	+0.63%	36.76 / 19.00
Ford	12.75	+0.08%	16.18 / 9.05
Top Performers	Price	Daily change	52-week high / low
Continental AG*	89.79	+2.61%	110.24 / 52.75
TRW Automotive	48.56	+2.38%	60.98 / 28.85
Tesla	34.97	+2.31%	35.00 / 21.11
Visteon	55.43	+2.29%	76.61 / 38.32
Johnson Controls	35.16	+2.09%	42.92 / 24.29
Bottom Performers	Price	Daily change	52-week high / low
Tower International	13.73	-1.58%	18.33 / 9.45
BorgWarner	81.21	-0.85%	82.28 / 54.59
American Axle	12.85	-0.77%	14.76 / 6.77
Dana	16.45	-0.60%	19.35 / 9.45
Asbury	25.92	-0.58%	27.20 / 14.96

» Check the latest automotive stock listings

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MORE HEADLINES

Santorum says auto companies would have revived without bailout

VW's global sales lifted by U.S. demand in January

Visteon said to near sale of lighting unit to Varroc Group

Tesla's Musk targets second-half sales boost with Model S

Honda Civic interior contains fewest toxic chemicals, study says

Bertone Nuccio's Geneva concept marks its 100th year

How Kia wants to tease U.S. buyers with rwd concept car

RICK KRANZ: Kia executives say no decision has been made to sell its first rear-wheel-drive sedan here, but Kia is sure spending a lot of time and effort moving its big, head-turning GT concept across the show circuit. ...

Read the blog Published: Feb 17 3:09 pm U.S. Eastern time

Philip Nussel is managing editor of autonews.com.
Why Mitt Romney’s auto bailout position doesn’t play in Michgan

The Feb. 28 Michigan Republican primary election has devolved horribly into a referendum on whether the Bush and Obama administrations did the right thing by bailing out the auto industry in late 2008 and 2009. ...

Read the blog Published: Feb 17 2:57 pm U.S. Eastern time

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