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Friday, March 09, 2012

DAILY: Ford offers lump-sum payouts to salaried retirees | House Energy chief fails to win U.S. loan for Carbon Motors | Geely signs technology transfer deal with Volvo

DAILY NEWSLETTER March 9, 2012
 
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Ford offers lump-sum payouts to salaried retirees
image DETROIT (Reuters) -- Ford Motor Co. plans to offer lump-sum payouts as an option for future salaried retirees in the United States as part of its push to decrease the risk presented by its pension obligation.
The move, discussed during an investor ...
>> story  Published: Mar 9 1:28 pm U.S. Eastern time
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House Energy chief fails to win U.S. loan for Carbon Motors
image WASHINGTON (Bloomberg) -- House Energy and Commerce Committee Chairman Fred Upton, a critic of U.S. Energy Department lending, failed to win the startup carmaker Carbon Motors Corp. a loan to develop fuel-efficient police cars.
Upton, R-Mich., who ...
>> story  Published: Mar 9 11:19 am U.S. Eastern time

Geely signs technology transfer deal with Volvo
imageBEIJING (Reuters) -- Geely Automobile said its parent, Zhejiang Geely Holding Group, and Volvo have signed a technology transfer deal that will allow the Chinese carmaker to enrich its product portfolio and boost its competitiveness.
The deal ...
>> story  Published: Mar 9 8:21 am U.S. Eastern time [REG]
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  • Price Daily change 52-week high / low
    General Motors 25.61 +0.63% 33.47 / 19.00
    Ford 12.58 +0.96% 16.18 / 9.05
    Top Performers Price Daily change 52-week high / low
    Tesla 34.74 +5.05% 35.00 / 21.50
    Dana 16.31 +3.62% 19.00 / 9.45
    Tenneco 38.58 +3.43% 46.80 / 22.47
    TRW Automotive 45.86 +3.24% 60.36 / 28.85
    Visteon 53.12 +2.69% 71.99 / 38.32
    Bottom Performers Price Daily change 52-week high / low
    Volkswagen* 33.74 -1.06% 39.43 / 21.88
    AutoNation 34.15 -0.99% 41.55 / 30.46
    Hyundai Motor* 29.50 -0.51% 38.25 / 24.00
    American Axle 11.52 +0.09% 13.79 / 6.77
    CarMax 33.67 +0.27% 35.42 / 22.77
    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.



    Super Duty pickups to get MyFord Touch -- with real knobs, buttons
    BlogFord said today it is rolling out its MyFord Touch infotainment system on its 2013 F-series Super Duty pickups, due in dealerships late this year. ... arrow Read the blog  Published: Mar 9 2:02 pm U.S. Eastern time
    How a Bentley SUV could become the upscale tailgate vehicle
    BlogCHRISTINA ROGERS: A Bentley at a tailgate party? Indeed, the ultra-luxury carmaker could very well put a new, more upscale twist on a beloved American pastime -- the football tailgate. ... arrow Read the blog  Published: Mar 9 11:26 am U.S. Eastern time
    Harald Hamprecht is Editor-in-Chief at Automotive News Europe.
    Who are the crown princes at BMW?
    BlogBMW's latest management board shuffle hints at who will succeed current CEO Norbert Reithofer. So who are the winners and losers? ... arrow Read the blog  Published: Mar 9 12:01 am U.S. Eastern time
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