rorty:::tort: DAILY: GM hikes Akerson's 2011 pay to $7.7 million | Honda sees bumper year | Rising gas prices a bane for recovering auto industry

DAILY NEWSLETTER

April 26, 2012

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GM hikes Akerson's 2011 pay to $7.7 million

DETROIT -- General Motors CEO Dan Akerson's overall compensation nearly tripled to $7.7 million last year, reflecting a pay raise for his first full year as chairman and CEO, the automaker said in its annual proxy statement filed today.
Last year, ... >> story Published: Apr 26 3:19 pm U.S. Eastern time

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.

Honda sees bumper year as it leaves disasters behind

TOKYO (Reuters) -- Honda Motor Co. is set to end a five-quarter drop in operating profits and forecast a triple-digit surge in annual earnings after a 2011 hammered by the yen's record strength, natural disasters and a crisis of reputation in its key U.S. market.
>> story Published: Apr 26 2:59 pm U.S. Eastern time

Rising gas prices a bane for recovering auto industry

DETROIT (Bloomberg) -- As rising gasoline prices became a pain in the pocketbook this year, Matt German decided it was time to buy a new car.
So he traded in his hot-rod Ford pickup for a Ford Focus compact car and cut his fuel bill in half.
>> story Published: Apr 26 7:19 am U.S. Eastern time

Follow Automotive News

... VW, Hyundai ride Q1 profit increases, lead automaker gainers as Wall Street rallies ... Supplier BorgWarner falls despite 26% gain in profit ...

	Price	Daily change	52-week high / low
General Motors	23.72	+1.76%	33.47 / 19.00
Ford	11.87	+1.19%	16.18 / 9.05
Top Performers	Price	Daily change	52-week high / low
Volkswagen*	33.12	+8.20%	39.43 / 21.88
AutoNation	34.38	+3.46%	41.55 / 30.46
Hyundai Motor*	32.75	+3.28%	38.25 / 24.00
Gentex	22.26	+3.15%	32.21 / 20.69
Continental AG*	95.60	+3.15%	110.24 / 52.75
Bottom Performers	Price	Daily change	52-week high / low
BorgWarner	79.99	-3.05%	87.45 / 54.59
Dana	14.75	-3.02%	19.00 / 9.45
Magna	44.90	-0.82%	54.44 / 30.03
Group 1	57.64	-0.53%	59.97 / 33.31
Nissan*	20.76	-0.10%	22.23 / 16.18

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PHOTO GALLERY
PACE 2012: Celebrating innovation
2012 Winners of the Automotive News PACE Awards were named Monday, April 23, in Detroit. >> Photo Gallery

MORE HEADLINES

Ford Q1 profit may fall by almost half on overseas losses

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Group 1, Asbury report Q1 gains on soaring new, used vehicle sales

Chrysler will let Ally lending pact expire in a year

Volkswagen Q1 operating profit rises 10% on higher demand at Audi

GM nominates ConocoPhillips chief, former Cummins CEO to board

Fiat profit driven by Chrysler as auto sales plunge in Europe

Ally's auto lending business drives Q1 profits

'Imported from Detroit' T-shirt suit is settled

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BorgWarner Q1 boosted by growth from drivetrain products

Ferrari will launch first hybrid in 2013

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