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Tuesday, February 07, 2012

DAILY: Toyota hikes earnings outlook but sees 'tough race' in North America | New NADA head warns tougher fuel-economy rules threaten sales | Credit thaw driving auto loan approvals, sales

DAILY NEWSLETTER February 7, 2012
 
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Toyota hikes earnings outlook but sees 'tough race' in N. America
3rd-quarter operating profit rises 51% to $1.95B
image TOKYO (Reuters) -- Toyota reported a stronger-than-expected quarterly operating profit and raised its annual forecast on cost cuts and Japanese government subsidies, though this is still some way below analysts' expectations.
October-December ...
>> story  Published: Feb 7 3:04 am U.S. Eastern time / Last changed: 2/7/12 2:00 p.m. ET [REG]
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NADA's Underriner: 54.5 mpg fuel-economy proposal threatens sales
image LAS VEGAS -- The proposal to increase federal fuel economy standards to 54.5 mpg by 2025 threatens to price millions of consumers out of the market, the incoming chairman of the National Automobile Dealers Association said Monday.
NADA is pushing ...
>> story  Published: Feb 7 7:15 am U.S. Eastern time

GM picks plant manager as customer-experience czar
imageDETROIT -- General Motors appointed Alicia Boler-Davis as U.S. vice president of customer experience, a position created four months ago as a way to boost customer retention.
Boler-Davis, 42, was plant manager at GM's Orion Township assembly plant ...
>> story  Published: Feb 7 1:39 pm U.S. Eastern time
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