DAILY: Audi banks on Mexico plant to relieve N.A. supply constraints | Key maker of auto resin may be out at least 3 months | As average vehicle age soars, so does aftermarket

DAILY NEWSLETTER April 18, 2012

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Audi banks on Mexico plant to relieve N.A. supply constraints Site to be picked by year end with Q5 startup slated for '16 Volkswagen Group picked Mexico to build a new North American factory for its premium Audi brand -- a move designed to drive exports and relieve supply constraints that executives say have limited the automaker's U.S. sales growth. The Audi ... >> story  Published: Apr 18 2:02 pm U.S. Eastern time / UPDATED: 4/18/12 4:47 pm ET Advertisement American Honda Featured at the TLS Auto Social Media Summit Honda’s "Leap List" – Creating True Customer Connections John Watts, Senior Manager - Digital Marketing discusses how Honda discovered many people create a list of goals to accomplish before making the "leap" to the next phase of their lives and incorporated the "Leap List" in the Social campaign for the CR-V launch. Early registration ends 4/27! Visit www.tlsummits.com today. Key maker of auto resin may be out at least 3 months DETROIT (Reuters) -- The owners of the German chemical plant where an explosion led to the shortage of a key automotive resin material said it will be at least three months before it can return to normal production. Evonik Industries AG said on ... >> story  Published: Apr 17 10:48 pm U.S. Eastern time / UPDATED: 4/18/12 11:13 am ET - background added As average vehicle age soars, so does the aftermarket DETROIT -- More than half of automotive aftermarket and repair purchases in the United States last year were for vehicles eight or more years old, and demand for products and services to keep aging vehicles running is expected to remain strong, industry researcher NPD Group says. >> story  Published: Apr 18 3:53 pm U.S. Eastern time Follow Automotive News

... Auto stocks tumble along with Wall Street ... Most automakers, including GM and Tesla, advance ... Most dealership groups, led by Sonic, decline ... Price Daily change 52-week high / low General Motors 24.15 +0.46% 33.47 / 19.00 Ford 11.79 -1.01% 16.18 / 9.05 Top Performers Price Daily change 52-week high / low American Axle 11.13 +2.20% 13.44 / 6.77 Tesla 32.66 +1.30% 39.95 / 21.50 Nissan* 20.45 +0.99% 22.23 / 16.18 Honda* 35.69 +0.68% 41.23 / 27.52 Penske 26.67 +0.53% 26.87 / 14.87 Bottom Performers Price Daily change 52-week high / low Linamar 20.48 -2.20% 22.79 / 12.67 Sonic 17.87 -1.97% 19.05 / 10.11 Superior Industries 18.50 -1.96% 25.74 / 14.17 Tenneco 36.21 -1.74% 46.80 / 22.47 Asbury 27.29 -1.69% 28.90 / 14.96 » Check the latest automotive stock listings

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 Mexico fortifies role as N.A. assembly hub with plum Audi plant   VW will add a seventh factory in China, sources say   Audi to buy motorcycle maker Ducati, gain access to light-weight engine technolgy   GM worker remains hospitalized after tech center blast   Delphi considers resuming dividends as soon as this year   Jaguar Land Rover IPO speculation grows as values rise   Visteon sells suburban Detroit HQ for $81.1 million   Audi RS Q3 concept boosts horsepower for compact SUV   TRW lands brake technology contracts with 3 major N.A. automakers     Lindsay Chappell is the Mid-South bureau chief for Automotive News Nissan's little taxi contract has star power Automakers jump at the chance to have a new vehicle appear in a major Hollywood movie. It's free marketing. It's name awareness. It's brand enhancement. ...  Read the blog  Published: Apr 18 2:49 pm U.S. Eastern time Jim Henry is a special correspondent for Automotive News Hole in the no-loan argument Don't look now but NADA is trying to bring the F&I office into its fight against CAFE standards. The dealer association is suggesting that F&I managers won't be able to get financing for millions of customers if the Obama administration has its way. ...  Read the blog  Published: Apr 18 12:01 am U.S. Eastern time

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