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Friday, March 02, 2012

DAILY: Ford CEO candidate Fields tangled with former CFO Leclair, book reveals | GM readies Cadillac product blitz to catch Lexus | Chevy Volt output halted for 5 weeks to trim stockpiles

DAILY NEWSLETTER March 2, 2012
 
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Ford CEO candidate Fields tangled with former CFO Leclair, book reveals
Angry exchange in 2006 included f-bomb; Bill Ford intervened
image DETROIT (Bloomberg) -- Mark Fields, Ford Motor Co. president of the Americas and a leading candidate to succeed CEO Alan Mulally, nearly had a physical altercation with another top executive in 2006, according to American Icon, a new book on the automaker's turnaround.
>> story  Published: Mar 2 9:26 am U.S. Eastern time / Last changed: 3/2/12 11:10 am ET
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GM readies Cadillac product blitz to catch Lexus
image DETROIT -- General Motors Co., having regained global sales leadership from Toyota Motor Corp., is planning new Cadillac models to more than double sales and surpass the Japanese automaker's Lexus brand as the No. 4 luxury line.
Chief Executive ...
>> story  Published: Mar 2 1:00 pm U.S. Eastern time

GM to halt Volt output for 5 weeks to trim stockpiles
imageDETROIT -- General Motors will idle the Michigan assembly plant that builds the Chevrolet Volt for more than a month to curb rising inventories of the plug-in hybrid.
GM informed 1,300 workers at its Detroit-Hamtramck assembly plant in Michigan on ...
>> story  Published: Mar 2 3:38 pm U.S. Eastern time / Last changed: 3/2/12 4:29 p.m. ET
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  • Price Daily change 52-week high / low
    General Motors 26.45 -0.08% 33.47 / 19.00
    Ford 12.72 +0.47% 16.18 / 9.05
    Top Performers Price Daily change 52-week high / low
    Sonic 18.55 +5.10% 18.11 / 10.11
    CarMax 32.24 +3.60% 35.43 / 22.77
    Lithia 25.20 +2.27% 27.51 / 13.28
    BorgWarner 85.42 +1.46% 84.49 / 54.59
    Group 1 54.58 +1.15% 57.71 / 33.31
    Bottom Performers Price Daily change 52-week high / low
    Tower International 11.89 -4.88% 18.33 / 9.45
    American Axle 11.45 -3.38% 13.79 / 6.77
    Nissan* 20.06 -2.62% 22.23 / 16.18
    Hyundai Motor* 28.60 -2.22% 38.25 / 24.00
    Denso* 16.51 -1.90% 18.75 / 12.86
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    Ryan Beene is a Los Angeles-based reporter for Automotive News.
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