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Tuesday, April 03, 2012

DAILY: Industry sales in March rise 13% to 1.4M | SAAR hits 14.4M | Ghosn pushes Nissan for more U.S. share

DAILY NEWSLETTER April 3, 2012
 
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2012 MARCH U.S. AUTO SALES
Chrysler, VW, Hyundai-Kia and Toyota set March sales pace on small-car, truck volume
Industry volume rises 13% to 1.4M; SAAR hits 14.4M
image U.S. light-vehicle sales -- aided by Chrysler Group, Volkswagen Group, Hyundai-Kia and Toyota Motor Corp. -- rose 13 percent last month to 1.4 million units, with demand for smaller, fuel-efficient models, redesigned vehicles and pickups driving the gains.
>> story  Published: Apr 3 8:01 am U.S. Eastern time / UPDATED: 4/3/12 4:30 pm ET
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Ghosn pushes Nissan for more U.S. share
image NEW YORK -- Nissan CEO Carlos Ghosn acknowledges his company is doing better than ever -- but not quite good enough yet.
Ghosn told an industry audience here today that he expects “no less than 10 percent” of U.S. market share. But he ...
>> story  Published: Apr 3 2:08 pm U.S. Eastern time

Another supplier agrees to plead guilty in price-fixing scandal
DETROIT -- Japan-based automotive supplier G.S. Electech Inc. agreed to plead guilty for its involvement in the global wire harness price fixing scandal.
G.S. Electech agreed to pay a $2.75 million fine as part of the plea.
>> story  Published: Apr 3 12:03 pm U.S. Eastern time
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