DAILY: American Honda offers voluntary buyouts to senior employees | GM sees Europe pricing weakness leading to broad capacity cuts | Fiat will sit out alliances this year, report says

DAILY NEWSLETTER March 16, 2012

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American Honda offers voluntary buyouts to senior employees LOS ANGELES -- American Honda Motor Co. is offering voluntary severance packages to senior employees across its U.S. sales operation. Employees who are 59 and older and have worked 15 years at the company are eligible for the Voluntary Retirement ... >> story  Published: Mar 16 3:04 pm U.S. Eastern time Advertisement Honda Financial Services Featured at Automotive Customer Centricity Summit Integrating Captive Finance Into the Loyalty Equation. OEMs have significantly improved customer retention over the last decade. How have captives contributed to this increased loyalty? Stephanie LeBlond, Assistant Manager - Sales & Marketing will review how Honda Financial Services is collaborating with Honda to establish a sustainable long-term loyalty strategy. For more info visit www.tlsummits.com GM sees Europe pricing weakness leading to broad capacity cuts DETROIT -- General Motors Co. sees "clearly deteriorating" sales and pricing in Europe's car market leading to restructuring across the industry, according to analysts who met with the automaker's management. Europe's vehicle pricing has "worsened ... >> story  Published: Mar 16 11:34 am U.S. Eastern time [REG] Fiat will sit out alliances this year, Reuters reports MILAN (Reuters) -- Fiat is unlikely to negotiate a cost-sharing alliance with another carmaker this year, a person with direct knowledge of the situation told Reuters, as it focuses on its own operations and extending its footprint in China and Russia. >> story  Published: Mar 16 12:32 pm U.S. Eastern time Follow Automotive News

Subscribe to Automotive News today! You are receiving the free registrant version of our newsletter. If you would like a more comprehensive version, purchase a subscription to Automotive News. If you are already a subscriber, please contact subs@crain.com to get the full version of our newsletter.  MORE HEADLINES Hyundai Motor heir apparent gains new role on climb to top spot   Civil-rights, labor groups push Hyundai execs to fight Alabama immigration law   Ford gets expanded credit, strengthens balance sheet   Toyota tweaks U.S. executive responsibilities   Settlement in Honda Civic mpg case receives tentative OK   Next Detroit show moves one week later   U.S. lawmakers urge Obama act on China auto parts   Mexico to limit Brazil vehicle exports under three-year pact   Former VW labor leader's ex-lover charged on bribes   2013 Ford Taurus Interceptor touts mpg improvements     Chrysler's Francois on Eastwood, YouTube, SNL Olivier Francois is the man behind Chrysler's "Born of Fire" 2011 Super Bowl Ad with rapper Eminem and this year's successor with Clint ...  View the video  Published: Mar 16 12:01 am U.S. Eastern time Rick Kranz is product editor for Automotive News. Race is on to uncover Chevy's newest nameplate headed to showrooms There's a lot of buzz surrounding Chevy's mysterious new model. I'm betting it's the vehicle former GM product czar Bob Lutz talked about a few years ago. ...  Read the blog  Published: Mar 16 4:24 pm U.S. Eastern time Lindsay Chappell is the Mid-South bureau chief for Automotive News Waiting to know Mahindra I'm embarrassed to admit that six years ago, when a couple of dealers tipped me off that an Indian vehicle manufacturer named Mahindra & Mahindra intended to enter the U.S. market, I had no idea who Mahindra was. ...  Read the blog  Published: Mar 16 3:48 pm U.S. Eastern time Industry Editor James B. Treece was Automotive News' Asia Editor, based in Tokyo, from 1995 to 2007. Only in Japan: Pop star speeds in a Chevy (No, not a Corvette) A pop star is caught speeding -- doing 75 mph in a 50 mph zone -- in a Chevrolet. In most countries, this would be a story about a Corvette. ...  Read the blog  Published: Mar 16 2:48 pm U.S. Eastern time Harald Hamprecht is Editor-in-Chief at Automotive News Europe. The (r)evolution at BMW BMW CEO Norbert Reithofer wants to sell 2 million cars a year in 2016 instead of 2020, reaching the milestone four years ahead of schedule. BMW's target is the most ambitious goal of all three German premium automakers. ...  Read the blog  Published: Mar 16 5:00 am U.S. Eastern time

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