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Wednesday, March 07, 2012

DAILY: Upcoming Ram pickup has new V-6, 8-speed transmission | Toyota's U.S. sales boss Lentz takes on CEO title | Chrysler's Marchionne declines salary, bonus for 2011

DAILY NEWSLETTER March 7, 2012
 
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Chrysler says upcoming Ram pickup has new V-6, 8-speed transmission
image DETROIT -- The Ram pickup scheduled to be introduced next month will offer both the Pentastar 3.6-liter V-6 and an eight-speed transmission, according to a Chrysler Group filing with the Securities and Exchange Commission.
The voluntary annual ...
>> story  Published: Mar 7 4:20 pm U.S. Eastern time
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Toyota's U.S. sales boss Lentz takes on CEO title
Engineer Terashi named to replace Inaba as head of North American unit
image DETROIT (Reuters) -- Toyota Motor Corp. named an engineer to head its North American operations and promoted Jim Lentz, who helped orchestrate the Japanese automaker's response to a string of safety recalls that began in late 2009.
The company said ...
>> story  Published: Mar 7 7:26 am U.S. Eastern time / Last changed: 3/7/12 4:27 p.m. ET

Chrysler's Marchionne declines salary, bonus for 2011
imageDETROIT (Reuters) -- Sergio Marchionne, the CEO of Chrysler Group, declined a salary and bonus for 2011 when the smallest U.S. automaker repaid $7.6 billion in loans stemming from its bankruptcy.
It was the second straight year that Marchionne ...
>> story  Published: Mar 7 3:39 pm U.S. Eastern time
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    Larry P. Vellequette covers Chrysler Group for Automotive News.
    Chrysler workers will vote on changes to alternative shifts
    BlogThe line employees at a Chrysler Group engine plant in Michigan will vote this Sunday to modify what has been a controversial and dangerous experiment in expanding productivity. ... arrow Read the blog  Published: Mar 7 3:50 pm U.S. Eastern time
    Dave Guilford is enterprise editor of Automotive News.
    How Opel, Peugeot showed off their cultural differences
    BlogOK, here’s one indication that there might be some cultural distance between General Motors and Peugeot, at least in operating style. ... arrow Read the blog  Published: Mar 7 1:01 pm U.S. Eastern time
    Maybe the wrong Fiat got here first
    BlogRICK KRANZ: American dealers have been struggling to sell that little Italian car, the Fiat 500. Last year a mere 19,769 Fiat 500s were sold, but this spring dealers finally receive the model that just might create a real buzz for the brand: the Fiat 500 Abarth. ... arrow Read the blog  Published: Mar 7 4:01 pm U.S. Eastern time
    Jim Henry is a special correspondent for Automotive News
    Trick question, 'responsible' answer
    BlogHere’s a trick question: What does it mean if auto loan delinquencies are low and remain flat? Has auto lending reached equilibrium? ... arrow Read the blog  Published: Mar 7 12:01 am U.S. Eastern time
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