rorty:::tort: DAILY: Lithia’s next CEO has big plans for growth | GM's Lauckner to replace retiring Stephens as technology chief | Mazda eyes $2 billion share offering as strong yen bites

DAILY NEWSLETTER

February 22, 2012

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Lithia’s next CEO has big plans for growth

DETROIT -- In 1988 Bryan DeBoer was fresh out of college with a degree in computer science and no plans to work in the auto industry.
But his dad, Lithia Motors Inc. founder Sid DeBoer, needed someone who could work with spreadsheets to ... >> story Published: Feb 22 3:45 pm U.S. Eastern time

China Plastics in Automotive 2012 Conference

Plastics and composites hold the key to taking weight out of tomorrow's vehicles, and to enabling electric and hybrid technologies.

Get the latest in material and design trends at this April 17 Shanghai conference, by Plastics News China.

Details at www.pnchina.com/events

GM's Lauckner to replace retiring Stephens as technology chief

DETROIT -- General Motors said today it has named Jon Lauckner vice chairman and chief technology officer, effective April 1. He will replace Tom Stephens who retires on that date.
In his new role, Lauckner, 54, will continue as president of GM's ... >> story Published: Feb 22 12:21 pm U.S. Eastern time

Mazda eyes $2 billion share offering as strong yen bites

TOKYO (Reuters) -- Mazda Motor Corp. said today it was looking to raise up to 162.8 billion yen ($2 billion) in its second public share offering in 2-1/2 years, underscoring the Japanese automaker's vulnerability to the stubbornly strong yen.
The ... >> story Published: Feb 22 9:45 am U.S. Eastern time

Follow Automotive News

... Auto stocks mixed while markets fall ... GM slips on news of Peugeot talks ... Lithia drops as earnings soar, CEO hands reins to son ...

	Price	Daily change	52-week high / low
General Motors	26.55	-1.88%	36.15 / 19.00
Ford	12.28	-2.00%	16.18 / 9.05
Top Performers	Price	Daily change	52-week high / low
Nissan*	20.23	+1.66%	22.23 / 16.18
CarMax	30.39	+1.47%	36.56 / 22.77
Denso*	16.68	+1.34%	18.77 / 12.86
Honda*	37.28	+1.33%	44.01 / 27.52
Toyota*	84.31	+1.31%	93.90 / 60.37
Bottom Performers	Price	Daily change	52-week high / low
Lithia	23.40	-6.44%	26.96 / 13.28
American Axle	12.27	-2.70%	14.02 / 6.77
Sonic	16.45	-2.49%	18.11 / 10.11
Group 1	51.65	-2.44%	57.71 / 33.31
TRW Automotive	45.00	-2.39%	60.36 / 28.85

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PHOTO GALLERY
Ford Tourneo Custom concept
Ford's Tourneo Custom concept is a styling exercise that shows the design direction for the redesigned Ford Transit. Many of the Tourneo's styling cues will be incorporated into the light-duty Transit van that will be sold in Europe and Asia. >> Photo Gallery

MORE HEADLINES

GM, PSA in alliance talks, French minister says; Production tie-up in focus

Ford to pump $3.8 billion into pension plan

Ford hikes director compensation by 25%; boosts Edsel Ford II fee

Ford concept hints at design of next light-duty Transit van

Akersons donate $1 million to Habitat for Humanity

Lithia Motors' Q4 net income rises four-fold to $18.7 million

Daimler decreases CEO Zetsche's pay despite record profit

NHTSA adds crash dummy to assess safety seats for heavier children

Mini's coming Clubvan is a puzzler

RICK KRANZ: The Mini brand has done a successful job of slicing and dicing to create a model line. But tooling up this new model? I don't get it. ...

Read the blog Published: Feb 22 2:51 pm U.S. Eastern time

Jim Henry is a special correspondent for Automotive News
Speak up for less paperwork

The F&I Department floats on a sea of paper that seems to get deeper all the time. Can anybody do anything about it? The Consumer Financial Protection Bureau last week unveiled a new Web site aimed at getting public feedback on how to streamline regulations. ...

Read the blog Published: Feb 22 12:01 am U.S. Eastern time

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