DAILY: EV startup Coda withdraws request for $334 million U.S. loan | Automakers expect to avoid losing output amid resin shortage, AutoNation says | Jeep hopes to exploit China's appetite for SUVs

DAILY NEWSLETTER April 25, 2012

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EV startup Coda withdraws request for $334 million U.S. loan EV startup Coda Automotive said today it has withdrawn its $334 million loan request from the U.S. Department of Energy after waiting two years for a response. The electric-car maker, which began delivering its first cars to the U.S. market in March, ... >> story  Published: Apr 25 4:11 pm U.S. Eastern time Advertisement Subaru CMO & CIO Headlining TLS Auto Customer Centricity Summit Creating and Leveraging Brand Advocates – The most elusive CRM goal is utilizing intelligent interactions to create passionate brand advocates. Dean Evans - SVP & CMO and Brian Simmermon – VP & CIO at Subaru will discuss the creative & technical tools they utilize to create and empower advocates and they will share key achievements. Early registration ends 4/27! Visit www.tlsummits.com today. Automakers expect to avoid losing output amid resin shortage, AutoNation says DETROIT (Bloomberg) -- AutoNation Inc., the largest U.S. retailer of new vehicles, said automakers expect to avoid losing output amid a shortage of a key resin used in fuel and brake parts. Automakers see the shortage of the resin PA-12, also called ... >> story  Published: Apr 25 2:45 pm U.S. Eastern time 2012 BEIJING AUTO SHOW Jeep hopes to exploit China's appetite for SUVs Beijing -- Chrysler Group LLC introduced a concept Jeep vehicle at the Beijing auto show this week designed especially for the Chinese market. But just when that model -- or any Jeep model -- will be produced in China is unclear as talks continue ... >> story  Published: Apr 25 3:16 pm U.S. Eastern time Follow Automotive News

... Auto stocks rise as indexes rally ... Lithia advances, AutoNation drops on earnings reports ... Supplier Dana soars on Q1 profit ... Price Daily change 52-week high / low General Motors 23.31 +1.83% 33.47 / 19.00 Ford 11.73 +2.99% 16.18 / 9.05 Top Performers Price Daily change 52-week high / low Dana 15.21 +9.42% 19.00 / 9.45 Lithia 26.91 +7.64% 27.51 / 13.57 Asbury 27.23 +5.30% 28.90 / 14.96 Visteon 48.96 +5.06% 71.00 / 38.32 Tenneco 34.92 +4.36% 46.80 / 22.47 Bottom Performers Price Daily change 52-week high / low AutoNation 33.23 -1.04% 41.55 / 30.46 Hyundai Motor* 31.71 -0.91% 38.25 / 24.00 Denso* 15.97 +0.13% 18.72 / 12.86 Honda* 35.61 +0.34% 41.23 / 27.52 Toyota* 81.36 +0.78% 87.15 / 60.37 » 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 Dealer groups report gains in Q1 profits   Sales recovery pushes AutoNation Q1 profits up   Penske’s luxury sales, aggressive Internet presence boost Q1 results   Lithia Motors has the cash to snap up more stores   Scion unveils lightweight FR-S sporty coupe   Risk-taker Musk joins group of asteroid prospectors   Dana swings to 1st-quarter profit on higher commercial truck volume     JOHN K. TEAHEN, JR. With 3 months down, can 2012 deliver more than 14M? Many, many years ago, my favorite college professor drilled into us that there are three degrees of liars: liars, damn liars and statisticians. Hmm. I have been a statistician in the auto industry for 57 years, and I was a statistician for the Detroit Lions professional football team for 53 years. In all of that work, I have always tried to live up to the positive side of that statement by Dr. Frank Arlinghaus: A statistician is OK if he sticks to subjects that need statistical treatment. For instance, don't compare new car and light-truck sales in a fair ... >> Read the column  Published: Apr 25 2:29 pm U.S. Eastern time Trail of clues leading to Chevrolet SS nameplate MIKE COLIAS: Connecting the dots that lead to Chevrolet's as-yet-unnamed new model seems to lead back to one storied name: SS. ...  Read the blog  Published: Apr 25 3:27 pm U.S. Eastern time Luca Ciferri is Automotive News Europe's chief correspondent VW keeps cool in Beijing by planning ahead Regardless of the weather, the temperatures inside most halls at the Beijing auto show are either uncomfortably hot or absolutely oppressive. An exception was VW's new pavilion, where the well-prepared Germans avoided broiling visitors by making an excellent decision. ...  Read the blog  Published: Apr 25 12:01 am U.S. Eastern time Jim Henry is a special correspondent for Automotive News Spot deliveries likely to take heat There's a growing sense among vendors and industry lawyers that federal regulators will “do something” about spot delivery -- though no one seems to know which regulators will do what, or when. ...  Read the blog  Published: Apr 25 12:01 am U.S. Eastern time

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