rorty:::tort: DAILY: Audi denies it has picked Mexico for new plant | Treasury freezes pay for GM's Akerson, Ally's Carpenter | High U.S. gas prices give lift to EV, hybrid sales

DAILY NEWSLETTER

April 6, 2012

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Audi denies it has picked Mexico for new plant
New factory would build Audi Q5 SUV from 2015, report says

DETROIT -- Audi is denying media reports out of Germany that parent Volkswagen AG has picked Mexico to build the premium brand’s new North American factory.
Audi spokesman Brad Stertz said today Volkswagen’s supervisory board has yet to ... >> story Published: Apr 6 11:01 am U.S. Eastern time / UPDATED: 4/6/12 2:26 pm ET - new story

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Treasury freezes pay for GM's Akerson, Ally's Carpenter

WASHINGTON (Reuters) -- The Treasury Department said today that 2012 compensation for the CEOs of the final three firms that got exceptional bailout assistance during the financial crisis -- including GM CEO Dan Akerson -- was being frozen at 2011 levels.
>> story Published: Apr 6 2:03 pm U.S. Eastern time

High U.S. gas prices give lift to EV, hybrid sales in first quarter

DETROIT (BLOOMBERG) -- Just when it looked like electric cars were running out of juice, the return of $4 a gallon gasoline is generating new life for battery-powered vehicles.
Electric-drive vehicles, including hybrids, plug-in models and pure ... >> story Published: Apr 5 7:57 pm U.S. Eastern time

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PHOTO GALLERY
Show stoppers
A look at the hottest vehicles unveiled in New York, all of them to be or soon to be produced -- PHOTOS BY RENATO ZACCHIA >> Photo Gallery

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GM China sets sales record in March

JAMES B. TREECE
Why I think Kuzak influenced more at Ford than Lutz did at GM

On April 1, Raj Nair officially took over as head of Ford Motor Co.'s product development efforts. I want to offer my tribute to the man he replaced this week: Derrick Kuzak.
In my humble opinion, as a product development chief, Kuzak will have a longer lasting influence than General Motors' Bob Lutz.
Many will disagree with me. But Kuzak delivered the goods and changed an automaker in the process. Lutz didn't.
First, give Lutz his due. He turned around decades of dowdy styling at GM, in particular pushing for a vast ... >> Read the column Published: Apr 6 10:49 am U.S. Eastern time

For Porsche, wave of new models, fatter dealer profits on horizon
DIANA T. KURYLKO: Three redesigned cars in 12 months isn't a big deal for most car companies. But it is for Porsche. Porsche has only five model lines and by year end, three of its four cars will have been overhauled. The redesigned Porsche 911 coupe and convertible went on sale Feb. 4. The third-generation Boxster roadster debuts in June and the redesigned Cayman coupe comes at year end. ...

Read the blog Published: Apr 6 2:12 pm U.S. Eastern time

James B. Treece is industry editor at Automotive News.
Tall tale of Tim Andree: How to succeed at Toyota
There is an excellent profile of Tim Andree in the April 2 issue of Advertising Age, a sister publication of Automotive News. Tim is a former Toyota PR guy who now heads the global operations of Dentsu, a massive Japanese advertising agency. ...

Read the blog Published: Apr 6 12:37 pm U.S. Eastern time

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